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CNN —Over the past eight years, Aliko Dangote, Africa’s richest man, has built one of the world’s largest oil refineries. Nigeria is one of Africa’s largest oil producers, yet the country has lacked the capability to refine its oil forcing it to rely on imported fuel. Aliko Dangote walks CNN's Eleni Giokos through his oil refinery in Lekki, Nigeria. Did it make economic sense at the time to build a cement plant and compete effectively with imported cement prices? Video Ad Feedback A rare look inside Africa’s largest oil refinery 23:00 - Source: CNNCNN: So how are imports affecting industrialization and local growth of value chains?
Persons: Aliko, I’ve, , CNN’s Eleni Giokos, they’ve, Dangote, CNN's Eleni Giokos, we’re, you’ve Organizations: CNN, Dangote Industries Ltd, National Petroleum Corporation, CNN CNN, Obajana, Dangote Cement, Continental Free Trade Area Locations: Lagos, Nigeria, Lekki, India, Dangote, Saharan Africa, Kogi State, Egypt, American, Africa
Among the goals of his three-day state visit in October: securing another $1 billion in loans from China to help complete infrastructure projects. On Wednesday, when he arrived at Joint Base Andrews to begin another state visit – this time to Washington – he again found a red carpet and troops. Senior administration officials acknowledge a central factor in scheduling a state visit with Kenya was the desire to counter China’s influence and financial leverage on the African continent, which has outpaced the United States in direct investment. One of the goals of Thursday’s state visit is to demonstrate the ability of democracies – like Kenya’s – to deliver for their people. “I plan on going in February,” Biden told reporters.
Persons: Washington CNN —, William Ruto, Joint Base Andrews, Washington –, Jill Biden, Joe Biden, , Kenya –, , , Biden, Ruto, ” Ruto, he’s, João Manuel Gonçalves Lourenço, Jake Sullivan, ” Biden, Xi Jinping, Donald Trump –, ” Sullivan, Ariel Henry Organizations: Washington CNN, Kenyan, Joint Base, East, Kenya, NATO, Africa –, White, Initiative, Loans, Washington, World Bank, Group, European Union, Democratic, White House, Angolan, Advisers, CNN, Haitian Locations: Beijing, China, Africa, Kenya, United States, China’s, Nairobi, Mombasa, Boston, US, Angola, Democratic Republic of Congo, Zambia, Washington, East, Ukraine, , Russia, , combatting al, Shabab, Somalia, Yemen, Haiti
President Biden will designate Kenya on Thursday as a “major non-NATO ally,” according to a U.S. official, a move that reflects the president’s determination to deepen relations with the East African nation even as other countries — including Russia and China — are racing to do the same. Mr. Biden will inform Congress of his intention, as required by law, as he hosts President William Ruto of Kenya with a formal state dinner at the White House on Thursday, said the official, who spoke on the condition of anonymity to allow Mr. Biden to make the announcement. The designation is given to countries whose militaries have a strategic working relationship with the United States, though not necessarily a mutual defense pact. Kenya would be the first sub-Saharan African country to be so designated. As he greeted Mr. Ruto upon his arrival in Washington on Wednesday afternoon, Mr. Biden officially reneged on that promise, telling him that he intended to visit the continent “in February, after I am re-elected.” For months, Mr. Biden’s aides had ducked questions about whether he would travel to Africa during a busy election year.
Persons: Biden, , William Ruto of, Ruto, Biden’s Organizations: Kenya, U.S, East, White, U.S . Locations: NATO, Russia, China, William Ruto of Kenya, United States, Kenya, U.S, Africa, Washington
CNN —American citizens were involved in an attempted coup d’état that left at least three people dead on Sunday in the Democratic Republic of Congo, a military spokesperson told CNN Monday. Malanga was killed in a gun battle between the armed putschists and the presidential guards, Ekenge said. Videos widely shared on social media, but not verified by CNN, showed a man with a bloody face being surrounded by Congolese military personnel. Sunday’s incident was the second coup attempt by the now deceased Malanga, a former Congolese military veteran, Ekenge told CNN. The African Union condemned Sunday’s coup attempt in the DRC and welcomed the “control of the situation” by the country’s security forces.
Persons: d’état, Vital Kamerhe, Christian Malanga, General Sylvain Ekenge, Malanga, Ekenge, , ” Ekenge, Marcel, Benjamin Reuben Zalman, Polun, Patrick Ducey, Taylor Thomson, “ Patrick Ducey, Lucy Tamlyn, , Felix Tshisekedi, Kamerhe’s, Sunday’s Organizations: CNN, Democratic, Palais, Nation, Congolese, United Congolese Party, Reuters, World Bank, Central, African Union Locations: Democratic Republic of Congo, DRC, Congolese, Kinshasa, Africa, Gabon
ESPN and League One Volleyball have reached a multi-year media rights deal, starting with the league's inaugural professional volleyball season, LOVB announced Thursday. ESPN will air 10 LOVB Pro matches across its linear networks and 18 matches on ESPN+ as part of the first season, which begins in January. LOVB operates 47 youth volleyball clubs in 22 states across the U.S. with more than 1,200 youth teams. Spaulding told CNBC in an interview the introduction of a professional league makes the business a "true youth-to-pro ecosystem." LOVB Pro matches will also be available on ESPN platforms in select countries and territories such as Canada, the Caribbean, Latin America, Sub-Saharan Africa, Australia and New Zealand.
Persons: LOVB, Daniel Margulis, ESPN's, It's, LOVB's, Rosie Spaulding, Spaulding Organizations: ESPN, League, Disney, Fox Corp, Warner Bros, CNBC Locations: Austin , TX, Atlanta, Austin , Texas, Houston, Madison , Wisconsin, Omaha , Nebraska, Salt Lake City, American, Canada, Caribbean, Latin America, Saharan Africa, Australia, New Zealand
CNN —Ancestral African art is a linchpin of identity and a source of inspiration to creatives across the continent. For the first time in the 60-year history of the renowned Venice Biennale in Italy – an arts and culture festival lasting eight months, hosted every other year – Benin is presenting a national pavilion. Hazoumé hopes the exhibition will reiterate his message and inspire other African artists to own their past to fuel creativity. Ishola Akpo sets up his piece titled “Iyalode” at the Benin national pavilion in Venice, Italy. Moufouli Bello draws inspiration from children’s books, Gèlèdé philosophy and Yoruba traditions in this piece titled “Egbe Modjisola," on display at the Benin national pavilion in Venice, Italy.
Persons: Emmanuel Macron, Romuald Hazoumé's, Jacopo La, Jacopo La Forgia, Romuald Hazoumé, Chloé, Ishola Akpo, Moufouli Bello, we’ll, Hazoumé, Florian Kleinefenn, ” Nwagbogu, , , Gèlèdé, Chloé Quenum, Akpo, I’ve, Nwagbogu, ” Hazoumé Organizations: CNN, French, Smithsonian Museum of African, US, Venice Biennale, African Artist Foundation, Biennale Locations: Africa, West, Benin, Nigeria, Kingdom of Benin, Venice, Italy, , Rouge, curating, France, Madagascar, Ghana, Uganda, Cameroon
Has South Africa Truly Defeated Apartheid? U.S.A., 2020 – 63% U.K., 2019 – 62% 60% 49% 40% 20% 1994 2004 2014 2019 Sources: Collette Schulz-Herzenberg, "The South African non-voter: An analysis"; Konrad Adenaur Stiftung, 2020 (South Africa); Pew Research (United States and U.K.)On a continent where coups, autocrats and flawed elections have become common, South Africa is a widely admired exception. −4% −6% Sources: Harvard Growth Lab analysis of World Economic Outlook (South Africa and sub-Saharan Africa) and World Development Indicators (upper-middle-income countries). 50% unemployment rate 40% Black unemployment rate 30% The unemployment gap between Black and white South Africans remains wide. In 2022, about 6 percent of South Africans aged 18 to 29 were enrolled in higher education, according to Statistics South Africa.
Persons: Nelson Mandela, they’ve, Collette Schulz, Konrad Adenaur Stiftung, , Walter Sisulu, Joao Silva, New York Times Jack Martins, , Mandela’s, Wandile Sihlobo, Johann Kirsten, Sihlobo, Kirsten, haven’t, Zinhle Nene, Peter Mokoena, , Mokoena, Nokuthula Mabe, Mabe, Jacob Zuma, Chrispin Phiri, Cyril Ramaphosa, Israel, Sibusiso Zikode, Zikode, Mr Organizations: African National Congress, Pew Research, Human Sciences Research, World Bank, Black South, Charter, New York Times, University of Cape Town’s Liberty Institute of Strategic Marketing, Johannesburg Stock Exchange, Economic Empowerment, South, Harvard, Economic, Government, Black, Mr, Stellenbosch University . White, Statistics, Security, JOHANNESBURG Jobs, JOHANNESBURG Sandton Downtown, West University, Education, Statistics South, General Household Survey, of, Stellenbosch University, Ministry of Justice and Correctional Services, Institute for Security Studies, International Court of Justice Locations: Africa, South Africa, Black, States, Soweto, Kliptown, Johannesburg, South, Saharan Africa, Carletonville, JOHANNESBURG, Downtown Soweto, JOHANNESBURG Sandton, JOHANNESBURG Sandton Downtown Soweto, North, Mahikeng, Botswana, Statistics South Africa, Brazil, Mexico, Philippines, African, Germany, Russia, India, China, Ethiopia, Burundi, Zimbabwe, Ukraine, New York Times South Africa, Gaza, Durban, South Africa’s
Now, a report from the American Cancer Society projects that by 2050, the number of people with cancer could rise 77%. Overall, the top 10 cancer types in both men and women accounted for more than 60% of newly diagnosed cancer cases and cancer deaths, according to the report. Lung cancer was also the leading cause of cancer deaths, followed by colorectal, liver, breast in women, stomach, pancreatic, esophagus, prostate, cervical and leukemia. “While we do see lung cancers that are not related to smoking, the number one cause of lung cancer is smoking. “Interestingly, pollution and other airborne environmental exposures probably increase the risk of lung cancer in many parts of the world.
Persons: , William Dahut, ” Dahut, “ We’re, Lung, Ahmedin Jemal, Dr, Bilal Siddiqui, there’s, Harold Burstein, ” Burstein, , Sanjay Gupta, Burstein Organizations: CNN, American Cancer Society, Cancer, Global Cancer, Health, University of Texas, Anderson Cancer Center, Dana, Farber Cancer Institute, Harvard Medical School, CNN Health Locations: Saharan Africa, South America, Asia, China
And perhaps best of all, money — from selling the electricity generated by the wind turbines studding the flat green fields stretching out to the North Sea. A slice of the cash goes to the villagers themselves, with the local buy-in making this windy farming enclave near the border with Denmark a showcase for ways to push ahead with renewable energy projects. The S&P Global Clean Energy Index of shares in companies with clean energy-related businesses has fallen 26% over the past year, even as broader market indexes have surged to records. In sub-Saharan Africa, where half the population lacks access to electricity, renewable projects face even steeper challenges with financing. In Nigeria, where blackouts are an everyday event for about half of the country’s 213 million people, some 14 solar projects have stalled because the finances don’t add up.
Persons: , Astrid Nissen, moos, , Mackenzie, it's, Nissen, Christian Andresen, Andresen, Orsted, Vattenfall, David Shepheard, Edu Okeke, Taiwo Organizations: U.S . Federal Reserve, European Central Bank, University College London, Solar, Energie Andresen GmbH, Energy, logjams, World Bank Locations: SPRAKEBUELL, Germany, Denmark, village's, Spain, Italy, Africa, Flensburg, Sprakebuell's, German, Danish, New Jersey, Swedish, North American, Saharan Africa, Nigeria, Katsina, Abuja
Falling fertility rates are set to spark a transformational demographic shift over the next 25 years, with major implications for the global economy, according to a new study. That would leave 49 countries — primarily in low-income regions of sub-Saharan Africa and Asia — responsible for the majority of new births. "Future trends in fertility rates and livebirths will propagate shifts in global population dynamics, driving changes to international relations and a geopolitical environment, and highlighting new challenges in migration and global aid networks," the report's authors wrote in their conclusion. That shifting demographic landscape will have "profound" social, economic, environmental and geopolitical impacts, the report's authors said. "As the workforce declines, the total size of the economy will tend to decline even if output per worker stays the same.
Persons: Asia —, Dr, Christopher Murray Organizations: Institute for Health Metrics, CNBC Locations: Saharan Africa, Asia, Chad, Niger, Tonga, Samoa, Asia's Tajikistan
CAIRO (AP) — The European Union on Sunday announced a $8 billion aid package for cash-strapped Egypt amid concerns that economic pressure and conflicts and chaos in neighboring countries could drive more migrants to European shores. The package includes both grants and loans over the next three years for the Arab world’s most populous country, according to the European Union Mission in Cairo. The package drew criticism from international rights groups over Egypt’s human rights record. Amnesty International decried the deal and urged European leaders not to be complicit with human rights violations taking place in Egypt. “EU leaders must ensure that the Egyptian authorities adopt clear benchmarks for human rights, said Amnesty International’s Head of the European Institutions Office, Eve Geddie in a statement.
Persons: Ursula von der Leyen, Eve Geddie, Geddie Organizations: Union, Sunday, European, Mission, EU, Amnesty International, Amnesty, Office Locations: CAIRO, Egypt, Belgium, Italy, Austria, Cyprus, Greece, Cairo, Libya, Africa, Saharan Africa, Europe, Israel
Sub-Saharan Africa is home to four critically endangered species of vulture, and in South Africa, a non-profit conservation and rehabilitation group called VulPro is working to protect these fascinating birds. The operation involved over 50 people, logistics company DHL and WeWild Africa, an NGO specializing in animal rewilding and translocation. It was at that very moment that I actually understood how fragile and misunderstood the species were.”An African White-backed vulture (closest to camera) at the VulPro rehabilitation center near Pretoria, South Africa. Recent efforts have concentrated on the white-headed vulture, with a population of only 3,685 adults continent-wide, according to BirdLife International, and only a small percentage of that figure in South Africa. Poisoning is the most common reason for vultures to require treatment in South Africa, often from ingesting lead in discarded batteries, or bullets in animal carcasses, says Joubert.
Persons: VulPro, , Kerri Wolter, Gertrude Kitongo, , Johan Joubert, Joubert, Wolter, Organizations: CNN, Reserve, DHL, WeWild, BirdLife International, Shamari Locations: Saharan Africa, South Africa, Eastern Cape, WeWild Africa, African, Pretoria, Africa, West Africa, KwaZulu, Natal, South
Cornish, a professor at Ohio State University who studies rubber alternatives, isn't the only one pouring energy into alternative crops like that desert shrub, guayule, or the rubber dandelions that bloom with yellow petals in the greenhouse where Cornish works. And in Nebraska and other parts of the central U.S., green grasses of sorghum spring up, waving with reddish clusters of grains. Instead, they're crops that many companies, philanthropic organizations and national and international entities tout as promising alternatives to fight climate change. Most rubber processing happens overseas, and the U.S. isn't prepared to process rubber domestically. That's why specialty markets will be critical if these crops have any hope of taking off here, Cornish said.
Persons: Katrina Cornish, guayule, isn't, Cornish, Nate Blum, Blum, James Gerber, Gerber, there's, It’s, , Tesla, Guayule, Bill Niaura, “ You’re, Curt Covington, Covington, Joshua A . Bickel, Ross D, Franklin, Melina Walling Organizations: Ohio State University, Bridgestone, U.S, Agriculture Organization, AgAmerica, Farmers, Associated Press Locations: United States, Arizona, Nebraska, U.S, India, Saharan Africa, South Asia, Americas, Colorado, Wooster , Ohio, Eloy , Arizona, AP.org
WASHINGTON (AP) — President Joe Biden plans to welcome Kenyan President William Ruto to the White House in May, hosting a state visit after reneging on his promise to visit Africa last year. Biden hosted a state dinner celebrating close ally Australia in October, which followed the president's skipping a stop in that country earlier in 2023 to focus on debt limit talks in Washington. But those festivities last fall were toned down some given Israel’s ongoing war with Hamas. Biden said in December 2022 that he would visit sub-Saharan Africa the following year, which would have made him the first U.S. president to travel there in a decade. Biden pulled off last-minute trips to Israel and Vietnam, as well as a secretive journey to Ukraine.
Persons: Joe Biden, William Ruto, reneging, Karine Jean, Pierre, ” Jean, , Rutto’s, Rachel Ruto, Biden, Kamala Harris, he'd Organizations: WASHINGTON, Kenyan, White House, White, Hamas, Africa, Summit Locations: Africa, Kenya, Haiti, U.S, Washington, Australia, Saharan Africa, Israel, Vietnam, Ukraine, Dubai, November's, Russia, East Palestine , Ohio, Norfolk Southern
At the center of that growth are newer genres of Afrobeats — the renowned blend of distinct West African music styles — and amapiano, which fuses South African kwaito with African jazz, house music and soulful vocals. The 2022 track became the first led by an African artist to hit 1 billion Spotify streams and has the record for the most weeks — 64 — spent on Billboard’s Pop Airplay chart. And some tracks meld the genres under the African music umbrella. That reach is particularly interesting considering that African music is produced for its people, embodying all aspects of their lives from their culture and experiences to their struggles, LeriQ says. The continent leads mobile device web traffic in the world, according to the U.S. International Trade Administration, translating to more market opportunities for artists.
Persons: , Burna Boy’s, Rema’s, Selena Gomez, , Joey Akan, , Burna, , Musa Keys, Boy, Istanbul's, Rema, Davido, Tina Davis, Olamide's, Angélique Kidjo, LeriQ, Nay, Mitego, Chika Anene, gatekeepers, Eric Wainaina, G’bemi Ereku, Nigeria —, Jhello, ” ___ Mureithi, Maria Sherman Organizations: FIFA, International Federation of, Phonographic Industry's, Spotify, Afrobeats Intelligence, UEFA Champions League, Pew Research, U.S . International Trade Administration, United, Afro Nation, AP Locations: ABUJA, Nigeria, Nigerian, Saharan Africa, African, South Africa, Africa, Tanzania, Abuja, Kenyan, Lagos, United States, Statista, Nairobi, Kenya, Johannesburg, Los Angeles
lydia polgreenSure, but a few things — one thing that was elided in a lot of the discourse about men falling behind really, really, really under emphasized or just ignored the racial component of it. I just don’t — I don’t —ross douthatYeah, there were like five. That’s a really, really, really big shift. Are women going to pay a disproportionate price for childbearing in terms of their economic potential? But I think — Ross wrote a column about just how freaking weird the bizarre conspiracy theories about Taylor and Travis are.
Persons: ross douthat, polgreen, polgreen Oh, — ross douthat, Carlos Lozada, lydia polgreen I’m, Carlos Lazada, ross, michelle cottle, Lozada, lydia polgreen, Jimmy Carter, — ross, Jimmy Carter lusted, michelle cottle Oh, Jimmy, I’m Michelle Cottle, ross douthat I’m Ross Douthat, Lydia Polgreen, lydia polgreen Hoo, Carlos, Gen, topsy turvy, Ronald Reagan, Ross, Bill Clinton, Michelle, — michelle cottle, there’s, John Burn, Murdoch, Lydia, it’s, , Taylor Swift, I’m, It’s, Roe, Let’s, Let’s —, That’s, I’ve, Andrew Tates, who’s, you’re, We’re, Don’t, we’ve, ” I’m, Trump, — Trump, michelle cottle It’s, Brett Kavanaugh, they’re, let’s, don’t, he’s, ross douthat It’s, michelle cottle Let’s, michelle cottle That’s, couldn’t, Jesus, that’s, michelle cottle We’ve, Taylor, — michelle cottle Travis Kelce, lydia polgreen Travis, — Ross, Travis, Marjorie Taylor Greene, Rush Limbaugh’s feminazis, lydia polgreen Feminazis, michelle cottle There’s, michelle cottle You’re, michelle cottle I’ll, lydia polgreen —, we’re, — michelle cottle Partypalooza, sleepovers, — michelle cottle Ah, lydia polgreen Congrats Organizations: New York, Goldwater Republicans, Bill Clinton Democrats, Democrat, Republicans, Confederation, YouTube, Trump, Public Religion Research Institute, South Korea —, Pinterest Locations: American, US, Germany, United Kingdom, South Korea, Poland, Mars, United States, America, France, Korea, Northeast Asia, Africa, Mozambique, Saharan Africa, Europe, New York City, Manhattan
BERLIN (AP) — Efforts to fight public sector corruption are faltering around the world, in part because a “global decline in justice and the rule of law since 2016," according to a corruption index released Tuesday. Transparency International, which compiles the annual Corruption Perceptions Index, found 23 countries at their worst level since the global ranking began almost three decades ago, including both high-ranking democracies and authoritarian states. The global average was unchanged at 43 for the 12th consecutive year, and more than two-thirds of countries scored below 50. Arab countries’ average score on the index hit an all-time low of 34, and sub-Saharan Africa remained stagnant at 33. Transparency International said that the government's “pervasive control of public institutions facilitates the widespread abuse of power without accountability" while judicial independence is eroding.
Persons: , François Valérian, party's Organizations: BERLIN, Transparency, World Bank, Economic, European Union Locations: Iceland, Netherlands, Sweden, Britain, Iran, Russia, Venezuela, Denmark, Finland, New Zealand, Norway, Singapore, Switzerland, Germany, Luxembourg, United States, Somalia, South Sudan, Syria, Yemen, Equatorial Guinea, Haiti, North Korea, Nicaragua, Asia, Pacific, Latin America, Caribbean, Saharan Africa, Europe, Poland, Hungary, Ukraine
Sony is making a bold bet on Africa's video game industry. The Japanese consumer electronics and gaming giant has invested an undisclosed sum into Carry1st, a video game studio based in Cape Town, South Africa, via its Sony Innovation Fund venture arm, Carry1st told CNBC exclusively. The deal is a strategic investment that will see the two companies partner on a range of commercial opportunities. "We believe very firmly that there is an incredibly underrated console opportunity in Africa," Robbin-Coker said, citing countries like Nigeria, Morocco and Algeria as places where console adoption is rising a lot. Sony is coming into an emerging gaming market with blistering growth potential.
Persons: Carry1st, Cordel, Coker Organizations: Sony, Sony Innovation Fund, CNBC, PlayStation Locations: Cape Town , South Africa, Africa, Nigeria, Morocco, Algeria, Konvoy
Italy's Meloni Opens Africa Summit, Promises New Partnership
  + stars: | 2024-01-29 | by ( Jan. | At A.M. | ) www.usnews.com   time to read: +3 min
The summit, being held in Italy's ornate Senate, will last all day, with Italian ministers due to outline an array of initiatives, from energy and infrastructure to health and education, that Meloni says will be mutually beneficial. "We believe it is possible to envision and write a new chapter in the history of our relationship, a cooperation among equals, far from any predatory imposition or charitable stance towards Africa," Meloni said in an opening speech. Eni, Italy's largest importer of natural gas, has already countered lower Russian supplies by shipping increased volumes from Africa, where it has had a presence for decades. The company has said Algeria, Egypt and Libya will be Italy's main gas suppliers for the next few years. Most had departed from North African countries such as Tunisia and Libya, many fleeing poverty and conflict in sub-Saharan Africa and the Middle East.
Persons: Crispian Balmer, Angelo Amante ROME, Giorgia Meloni, Meloni, Enrico Mattei, Ursula von der Leyen, Charles Michel, Mattei, Alex Richardson Organizations: Italian, Eni, European Union, European, Energy, EU Locations: Rome, Africa, Italy, China, Russia, Gulf, Tunisia, Senegal, Kenya, Republic of Congo, Somalia, Ukraine, Algeria, Egypt, Libya, Europe, North, Saharan Africa
Lion attacks: How to stay safe on safaris in Africa
  + stars: | 2024-01-25 | by ( Forrest Brown | ) edition.cnn.com   time to read: +17 min
It was July of 2022, and the co-founder of Discover Africa Safaris was out in the bush near the Khwai River in northern Botswana. African lions are fully capable of attacking, killing and even eating humans, and it’s generally estimated about 250 people a year die in lion attacks. WLDavies/E+/Getty ImagesOnly about 23,000 lions remain in sub-Saharan Africa, found mostly in Eastern and Southern Africa, Muruthi said. Before your trip, It's important to study up on safety tips -- such as remaining inside your safari vehicle when lions and other wild animals approach. Secondly, fleeing indicates to the lion you’re frightened and now possible prey, turning what might have initially been a mock charge to test you into a real attack.
Persons: Steve Conradie, Discover Africa Safaris, — “, , ” Conradie, , , ’ Steven Conradie, , Conradie, Philip Muruthi, He’s, Muruthi, Masai, , ” Muruthi, Paul A, Andre Van Kets, Van Kets, Martin Harvey, It’s, you’re, don’t, they'll, Robert Muckley, There’s, Anup Shah, ” Van Kets, I’d, Organizations: CNN, Discover, Lion Recovery, African Wildlife Foundation, Masai Mara, Reserve, East, ” Lions, International Union for, Nature, Sacramento Zoo, PLOS, Africa Tourists, Bank, Kenya Geographic, San Diego Zoo Wildlife Alliance, Lions, Locations: Discover Africa, Botswana, South Africa, Africa, Zimbabwe, Hwange, Kenya, Saharan Africa, Eastern, Southern Africa, Tanzania, East Africa, California, Namibia
AdvertisementThe world could mint its first trillionaire within a decade as the majority of us gets poorer, according to a new report. The prediction came in Oxfam's annual inequality report, published on Monday to coincide with the World Economic Forum in Davos, Switzerland. The predicted trillionaire would represent an unprecedented high-water mark in levels of global inequality that even now are starker than ever, the report said. Oxfam makes regular headlines with its annual wealth inequality report, which in recent years has made some jarring assessments. The report's calculations are based on Forbes' "Real-Time Billionaires" list and UBS' Global Wealth Report of 2023.
Persons: , Bernard Arnault, Jeff Bezos, Warren Buffett, Larry Ellison, Elon Musk, Rachel Riddell, Forbes, Charles Kenny Organizations: Oxfam, Service, World Economic, NPR, UBS, Global, Center for Global Development, World Bank Locations: Davos, Switzerland, Saharan Africa
Venom from snakes can cause internal bleeding, attack the nervous system, and even stop the heart. Making anti-venom is an expensive multi-step process yielding life-saving but inaccessible cures. AdvertisementThe World Health Organization reported that between 4.5 and 5.4 million people get bitten by snakes annually. Anti-venom can save the lives of thousands, but anti-venom isn't always widely available. The process of producing anti-venom is a multilayered and dangerous process involving horse blood, high-tech labs, and, of course, handling some of the most toxic snakes in the world.
Persons: Organizations: Service, Health Organization Locations: snakebites, India, Saharan Africa
It will see suspended payments repaid from 2027 to 2029 after a grace period from 2025 to 2026, the Paris Club said in a statement, noting that the deal was reached on Nov. 23. If Ethiopia does not get an IMF staff-level agreement by March 31, the official creditor committee "reserves the right to declare the suspension null and void", the Paris Club said. The Paris Club said 10 of its members were on Ethiopia's official creditor committee, which is co-chaired by France and non-Paris Club member China. Other non-Paris Club committee members are India, Kuwait, Poland, Saudi Arabia and Turkey. "We welcome the recent announcement of an interim standstill agreement with official creditors," the IMF spokesperson added.
Persons: Tellimer, Patrick Curran, Rachel Savage, Rodrigo Campos, Alex Richardson, Toby Chopra, Kirsten Donovan Organizations: International Monetary Fund, Paris Club, French Treasury, Ethiopian, IMF, Club, OCC, China, Thomson Locations: JOHANNESBURG, China, Addis Ababa, Tigray, Ethiopia, France, India, Kuwait, Poland, Saudi Arabia, Turkey
... Acquire Licensing Rights Read moreLITTLETON, Colorado, Dec 1 (Reuters) - A boom in clean power electricity generation has helped push Europe's forward power prices to their lowest levels since before Russia's invasion of Ukraine in 2022 severed natural gas pipeline flows and sent the region's power prices surging. CLEAN POWER CONVICTIONA major driver behind the subdued power price outlook has been the sharp rise in clean power capacity development across Europe in recent years, and widespread confidence that much further clean power development will emerge in the years ahead. EXTENDED LEADEurope's clean power share ranks second behind Latin America (65%) among major regions, and sharply exceeds the clean power share in North America (47%), Asia (33%) and Africa (25%). Clean power supply expansions are planned throughout every region, but strong government and societal support for an accelerated energy transition means Europe will likely be the largest clean power developer outside China for the remainder of this decade, according to the International Energy Agency (IEA). If those expected clean power expansions materialise, Europe's power prices may decline further and could help the region fulfil its ambitions of becoming a major clean energy hub to rival China.
Persons: Gavin Maguire, Miral Organizations: America, International Energy Agency, European Union, South East, Reuters, Thomson Locations: Cestas, France, Europe, LITTLETON , Colorado, Ukraine, Germany, North America, Asia, Africa, China, United States, Saharan Africa, South, South East Asia
CAPE TOWN, South Africa (AP) — Researchers in South Africa say they have rediscovered a species of mole with an iridescent golden coat and the ability to almost “swim” through sand dunes after it hadn't been seen for more than 80 years and was thought to be extinct. The De Winton's golden mole -- a small, blind burrower with “super-hearing powers” that eats insects -- was found to be still alive on a beach in Port Nolloth on the west coast of South Africa by a team of researchers from the Endangered Wildlife Trust and the University of Pretoria. With the help of a sniffer dog, the team found traces of tunnels and discovered a golden mole in 2021. But because there are 21 species of golden moles and some look very similar, the team needed more to be certain that it was a De Winton's. Golden moles are native to sub-Saharan Africa and the De Winton's had only ever been found in the Port Nolloth area.
Persons: hadn't, , Samantha Mynhardt, ‘ you’re, Winton's, Mynhardt, , Esther Matthew Organizations: , Wildlife Trust, University of Pretoria, Associated Press, ___ AP Locations: CAPE, South Africa, Port Nolloth, African, Saharan Africa, Guatemala, Djibouti, ___, africa
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