The African Union (AU) is set to launch its own credit rating agency, by 2025, a move driven by long-standing concerns that the existing global rating agencies—Moody’s, Fitch, and S&P Global Ratings—do not fairly assess the risk of lending to African countries. This new agency, the African Credit Rating Agency (ACRA), aims to provide more […]
The African Union’s Credit Rating Agency Initiative Read More »
The Summit of the Future, scheduled to take place at the United Nations Headquarters in New York in September 2024, represents a pivotal moment for the international community. This summit is widely recognized as a once-in-a-generation opportunity to address some of the most pressing challenges facing humanity. By convening global leaders, policymakers, experts, and stakeholders,
UN Summit of the Future: A Once-in-a-Generation Opportunity Read More »
The global hunger crisis reached alarming heights in 2022, with at least 735 million people affected by hunger, as reported by the Food and Agriculture Organization of the United Nations (FAO). Nowhere is this crisis more severe than on the African continent, where food and nutrition security continue to fall unabated, posing significant challenges to
Africa’s Growing Food Insecurity: Causes, Challenges, and Solutions Read More »
AESC President Interview by The Horn of Africa Journal
AESC President Interview Read More »
Reinvigorating the Commonwealth: An African Leader for Modern Challenges
Reinvigorating the Commonwealth: An African Leader for Modern Challenges Read More »
The Urban Performance Index (UPI), developed by Economist Impact in collaboration with UN-Habitat, is a comprehensive framework designed to assess sustainable urban development across cities worldwide. This initiative aims to enhance the monitoring of urban sustainability and support informed decision-making by providing precise metrics, disseminating knowledge, and identifying best practices. The UPI framework evaluates cities
Commodity dependence is a significant issue affecting global trade and development, particularly in developing countries. This article explores the key aspects and expanded analysis of commodity dependence, its implications for economic and human well-being, and strategic policy recommendations for addressing these challenges. Key Aspects and Expanded Analysis of Commodity Dependence Source: UNCTAD secretariat based on
The International Organization for Migration (IOM)’s flagship World Migration Report aims to clarify and demystify global migration trends with accurate, evidence-based information. This IOM initiative is crucial as migration often suffers from widespread misinformation and politicization, leading to distorted public perceptions. Key Points from the World Migration Report: Global Scope of Migration: The report details
A focus on migration Read More »
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
The Great Green Wall: Africa’s Living Wonder Read More »
