African Remittance Startups Surge as Inflows Hit Record $56B in 2024
Africa-Press - Lesotho. Startups facilitating money transfers for Africans abroad are quickly growing their operations as remittances to sub-Saharan Africa reach unprecedented levels.
Earlier this...
African Leaders Pledge to Advance Clean Cooking Solutions for Africa at Milestone Energy Summit
Africa-Press - Lesotho. African countries have taken bold commitments to implement clean cooking energy solutions to offset the devastating effects of open fire cooking...
Russia says BRICS not discussing common currency
Africa-Press - Lesotho. The BRICS countries are not discussing the creation of a common currency, Kremlin spokesman Dmitry Peskov said on Friday.
"There are no...
UN Deputy Chief Mohammed Outlines Path for Africa’S Clean Energy Transformation
Africa-Press - Lesotho. United Nations Deputy Secretary-General Amina Mohammed highlighted on Tuesday the critical need for collaborative and urgent action to achieve the ambitious...
AfDB’s head sees regional refinancing facility operational soon
Africa-Press - Lesotho. The African Development Bank’s regional refinancing facility for hard-pressed African nations with maturing international bonds will be activated soon, the AfDB’s...
Plan to get electricity to more Africans wins $8 billion in new pledges
Africa-Press - Lesotho. An initiative to connect 300 million Africans to electricity in the next six years has won new pledges worth more than...
Global air travel surpasses pre-pandemic levels in 2024
Africa-Press - Lesotho. Thanks to a 10.4% year-on-year surge, global passenger demand exceeded pre-pandemic levels by 3.8% in 2024, according to the International Air...
Mission 300 Summit: Lighting Up Africa
Africa-Press - Lesotho. At the Mission 300 Africa Energy Summit in Dar es Salaam, Tanzania, global and African leaders reaffirmed their commitment to expanding...
AIIB and IsDB pledge around $6 billion for Africa electrification push
Africa-Press - Lesotho. The Islamic Development Bank and the Asian Infrastructure Investment Bank pledged up to $6.15 billion in funding on Tuesday for an...
Global EV sales projected to surge in 2025 amid legislative shifts
Africa-Press - Lesotho. The global electric vehicle (EV) market is set for another year of robust growth this year, with sales expected to exceed...