Author name: Dalia

Africa will have $20T economic impact by 2050 – report

Economy /

The Atlantic Council underscores the need for a fresh perspective, asserting that Africa’s burgeoning population, youthful demographics, abundant natural resources, and strategic geographical location position it as a key player in revitalizing the world economy. According to their recent report, focusing on Africa is imperative for global economic resurgence, highlighting its potential to be at the center of transformative growth.

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Russia’s ‘Africa Corps’ aims to undermine US influence in re...

Africa, International /

Russia’s deployment of military personnel to various African nations under the guise of the ‘Africa Corps’ has raised concerns about its intentions in the region. While the stated purpose of the corps is to provide training and support to African militaries, there is growing suspicion that Russia aims to undermine US influence and establish itself as a dominant power in Africa.

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Zambia’s debt restructuring bid stalled over more relief demands

Economy /

Zambia’s efforts to restructure its debt have been dealt a major blow as official creditors have rejected a revised deal to rework $3 billion of Eurobonds. The country’s official creditor committee (OCC), which includes China, Japan, and the Paris Club of creditor nations, said that the deal did not offer comparable relief to both commercial and official creditors.

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