In the dynamic economic landscapes of low- and middle-income countries (LMICs), remittances have emerged as a cornerstone of financial stability and social development. According to the World Bank, remittances to LMICs surged by 5% in 2022 to reach a substantial $614 billion, underscoring their vital role in bolstering household incomes and alleviating poverty despite global […]
The Great Green Wall (GGW) initiative is an African-led endeavor that has embarked on a transformative journey to create the world’s largest living structure across the Sahel region. Launched in 2007 by the African Union, the GGW aims to restore 100 million hectares of degraded land, sequester 250 million tons of carbon, and generate 10
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The inaugural Summit on Clean Cooking in Africa, held on May 14, 2024, at the UNESCO Headquarters in Paris, marked a pivotal moment in addressing a long-standing issue affecting over a billion people in Africa. Co-chaired by the leaders of Tanzania and Norway, and key organizations like the African Development Bank (AfDB) and the International
From Smoke to Solutions: The Pivotal Summit to Revolutionize Clean Cooking in Africa Read More »
The World Bank Group, in collaboration with the African Development Bank Group (AfDB), launched an ambitious initiative to electrify 300 million Africans by 2030. Unveiled during the recent World Bank and International Monetary Fund Spring Meetings in Washington, this plan aims to drastically reduce the number of individuals without access to electricity, thereby cutting it
Energizing Development: How 300 Million Africans Will Gain Electricity Read More »
