AESC

From Smoke to Solutions: The Pivotal Summit to Revolutionize Clean Cooking in Africa

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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 […]

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Energizing Development: How 300 Million Africans Will Gain Electricity

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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

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Navigating Troubled Waters: The Impact of Red Sea Attacks on Africa’s Maritime Security

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Recent maritime attacks in the Red Sea and Western Indian Ocean have underscored the fragility of Africa’s maritime infrastructure, with broad implications for the continent’s economy, security, and environmental health. These incidents have exposed critical vulnerabilities, leading to disruptions in global trade, increased insurance costs, and significant fiscal challenges, particularly for nations like Egypt reliant

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Underwater train Africa-Europe

Bridging Continents: The Revitalized Dream of the Europe-Africa Rail Tunnel

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The revival of the Europe-Africa link through the Strait of Gibraltar has seen significant developments, with renewed interest and commitments from Spain and Morocco. The project, envisaged as an undersea railway tunnel, aims to connect the two continents, leveraging the strategic and economic potential of such a link. The idea for the tunnel dates back

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Unleashing Prosperity: The African Continental Free Trade Area Explained

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The African Continental Free Trade Area (AfCFTA) represents a significant stride toward economic integration across Africa, aiming to establish a single market that facilitates the free movement of people, goods, services, and investments across the continent. With 55 member countries, encompassing 1.3 billion people and a combined GDP of $3.4 trillion, the AfCFTA has the

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Unlocking Africa’s Potential: Intra-African Trade

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The Economic Commission for Africa’s recent report sheds light on the progress and challenges of regional integration in Africa. With global trade share under 3%, it’s clear that African nations need to bolster intra-continental trade to unlock economic potential. In 2022, intra-African trade accounted for approximately 15% of Africa’s total global trade​ (tralac)​. Strategies for

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