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CONFIDENTIALLY SPEAKING

The Africa Confidential Blog

Displaying 41-50 out of 480 results.

  • 8th September 2022

Dutch summit warns on climate finance shortfall

Blue Lines

The poorly attended African Climate Adaptation summit in Rotterdam on 5 September doesn't augur well ahead of the UN COP27 climate change summit in Egypt in November. Dutch Prime Minister Mark Rutte and the European Commission Vice-President Frans Timmerm...

  • 25th August 2022

Why Sierra Leone's protests may spread

Blue Lines

Protests against escalating food and fuel costs in Sierra Leone last week which left more than 16 protestors and four police officers dead have rocked the government of President Julius Maada Bio, but they follow a pattern of growing anger on the streets ...

  • 21st July 2022

African Union wins backing for its bid to join G20

Blue Lines

Two G20 meetings have broken up this year without agreeing a final communiqué – first in Washington in April and then in Bali, Indonesia, this month – raising fresh doubts about the organisation's value. Yet African Union officials are pushing to join the...

  • 7th July 2022

African leaders call for new climate finance deal

Blue Lines

Officials from governments and international financial institutions are organising a series of planning sessions to raise finance ahead of the COP27 Climate Summit in Sharm al Sheik in November. The latest meeting brought together Africa's finance ministe...

  • 23rd June 2022

Leadership fight sours Commonwealth summit

Blue Lines

The spectre of an institutional crisis hangs over Commonwealth Heads of Government Meeting (CHOGM) in Kigali from 20-26 June as the organisation tries to manage the first challenge to a Secretary-General seeking a second four-year term.Support for incumbe...

  • 9th June 2022

Belgian king fears reparations call for Congo atrocities

Blue Lines

When Belgium's King Phillipe, visiting Congo-Kinshasa from 6-11 June, returned the Kakungu mask, one of more than 84,000 artefacts looted during colonial rule, he reinforced a trend among Europe's former imperial powers. Belgium is the latest state to tak...

  • 26th May 2022

Cascading pressures on AfDB as it meets in Accra

Blue Lines

The African Development Bank opened its annual meeting in Accra on 23 May with dire projections of accelerating inflation, faltering growth and mounting debt service costs. Most of this interruption in what had been the continent's pandemic recovery was t...

  • 12th May 2022

Debt, prices and airlines point to economic freefall

Blue Lines

A badly timed Eurobond issuance, interest rates chasing roaring fuel and food inflation and a treasured national carrier split in two then sold for three US dollars. Those are the alarming developments in three of Africa's most important economies. Kenya'...

  • 28th April 2022

Africa's private wealth to hit $3 trillion by 2031 despite current crisis

Blue Lines

With bizarre timing, a report forecasting that private wealth in Africa will balloon by 38% to over US$3 trillion by 2031 has emerged as the spring meetings of the IMF and World Bank warned that tens of millions would be thrown into poverty by roaring foo...

  • 14th April 2022

Declines and diversions likely after 'Peak Aid' in 2021

Blue Lines

Foreign aid from rose to an all-time high of US$179 billion in 2021, up 4.4% in real terms from 2020, according to preliminary data collected by the Paris-based Organisation for Economic Cooperation and Development. OECD Secretary-General Mathias Cormann ...

Displaying 41-50 out of 480 results.