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Around 600 million Africans still lack reliable access to electricity, which is nearly half the continent's population and more than 80 per cent of the global electricity access gap.
Africa faces escalating debt challenges exacerbated by external shocks, currency volatility, and unfavourable borrowing conditions. In 2024, debt servicing costs soared to $90 billion, straining public finances and hindering progress toward the SDGs. A key solution lies in expanding local currency (LC) lending by multilateral development banks (MDBs). LC lending reduces exchange rate risks, enhances debt sustainability, and fosters economic…
STEM education is emerging as a critical lever for Africa's economic future, aligning closely with the AU’s Agenda 2063 and the UN's 2030 goals. To accelerate progress, African leaders are called to boost STEM funding to at least 20 percent of national educaion budgets for education. This could generate a robust innovation ecosystem, reduce dependency on external technology, and unlock Africa's demographic dividend—ultimately positioning the…