US and South Africa: Balancing national pride with economic interest
The expulsion of Pretoria's ambassador to Washington has added urgency to calls for South Africa to salvage its relationship with the United States in a balance between national pride and vital investment. US President Donald Trump's decision this month to send Ebrahim Rasool packing was the lowest point in ties that have been souring over
South Africa: Deadline Looms for Spaza Shops to Register
The clock is ticking for spaza shop owners and food businesses to register with their municipalities or face legal repercussions. The deadline for registration is 28 February 2025. ???? Why shop owners must register now In November 2024, President Cyril Ramaphosa announced that spaza shop owners and food businesses had 21 days to register their
South Africa says Washington gave its envoy 72 hours to leave US
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South Africa, Indonesia say US withdrawing from climate finance deal
South Africa generates most of its electricity through coal - Copyright Intuitive Machines, LLC/AFP HANDOUT The United States has pulled out of a climate funding deal struck by rich nations to help their developing counterparts transition to clean energy, the programme’s first beneficiary South Africa and Indonesia said Thursday. The so-called Just Energy Transition Partnerships
Meet the Tech Behind Zap Africa: Moore Dagogo-Hart
Do you believe that a Nigerian crypto platform can rival Binance? Meet the 25-year-old with a mission bigger than himself: “to prove that African innovators can build at a global level and create systems that change lives.” Moore Dagogo-Hart is the co-founder and Chief Technology Officer (CTO) of Zap Africa...
Africa needs partnerships, not loans, to tackle energy crisis —Lokpobiri
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has stated that Africa does not need loans but rather strategic partnerships and investments to address energy poverty and drive economic growth on the continent. Lokpobiri made this statement on Tuesday in Abuja, at the 8th edition of the Nigeria International Energy Summit (NIES 2025)
South Africa faces severe power cuts
South Africa's power utility Eskom has announced controlled outages, cutting 3,000 megawatts of electricity from the grid due to what it called a 'temporary setback.' The measure, known as load shedding, follows similar cuts in January after nearly 10 months of uninterrupted power. Eskom said it would provide an update on Sunday but didn’t specify
Africa Could Withhold Critical Minerals After Trump Cuts Aid
Last year, a report by the United States Institute Of Peace (USIP) emphasized the importance of the United States government engaging in the African critical minerals sector if it is to diminish its dependence on China and fortify its national security and foreign policy interests. The report outlines practical steps that the United States can
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Australian Retirement Funds Hold Over $10B in Gambling Shares, Study Finds
According to a study commissioned by Australia’s Alliance for Gambling Reform and conducted by SustainoMetric, the country’s 20 biggest super funds collectively hold at least AUD 14.8 billion (about $10.3 billion) in listed gambling-related investments. Here’s What the Study Found The study analyzed the funds’ direct equity holdings and responsible-investment policies. It identified investments in
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TOSYALI secured 187 million Euro financing from Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) for its first phase of 1.2 GW solar investment
TOSYALI continues to accelerate its energy transition by securing long term international financing for supporting its decarbonization agenda and sustainability investments. The company has signed Export Finance Buyer Credit Agreements worth 187 million euros with BBVA, under Spanish Export Credit Agency Cesce's cover, for Osmaniye and Niğde Projects in its first phase of solar power