Tag: Africa

The United Arab Emirates plans to deepen its trade ties in fast-growing economies in Asia and Africa, and draw $150 billion in foreign investment from mainly older partners to reposition itself as a global hub for business and finance.

Coronavirus-linked deaths in Africa surged by 43 percent in the space of a week, driven by a lack of intensive-care beds and oxygen, the World Health Organization (WHO) said on Thursday, as the new Delta variant surged on the continent.

The WHO is setting up a hub in South Africa to give companies from poor and middle-income countries the know-how and licenses to produce COVID-19 vaccines, in what President Cyril Ramaphosa called an historic step to spread lifesaving technology.

Much of Africa may have been spared the death toll that COVID-19 brought to other regions, but it now faces recession, growing violence and higher unempoyment because of the pandemic, a report said on Wednesday.

Over 6,000 km of railways, 6,000 km of roads, nearly 20 ports and over 80 large power plants have been built with Chinese money in Africa

Mobile network operator Safaricom has launched a 5G network in Kenya, making it the second country in Africa to roll out the technology. The company has started the rollout in four towns, and expects to expand it to nine over the next year.

India’s temporary hold on major exports of AstraZeneca’s COVID-19 shot will undermine Africa’s vaccination plans, and could have a “catastrophic” impact if extended, the head of the continent’s disease control body said on Thursday.

The World Bank is preparing emergency financing to help about 30 African countries access COVID-19 vaccines, the global lender told Reuters, as the continent scrambles to secure doses and start immunising vulnerable groups.

India will on Tuesday make its first shipment of a locally made COVID-19 shot to the WHO-backed equitable vaccine distribution network COVAX, the government said.

With the United Kingdom rolling out the world’s first approved coronavirus vaccine this week and other clinical trials showing promising results, the focus has swiftly turned towards the distribution of the doses worldwide and which countries will get them first – and which will be pushed to the back of the queue.