world leaders at COP28 have forged an unprecedented agreement, marking a pivotal moment in the global fight against climate change. United States President Joe Biden, speaking from the White House, highlighted the significant progress made in tackling the climate crisis and underscored the collective commitment to a sustainable future. Eight years after the landmark accord in Paris, President Biden reaffirmed his dedication to climate leadership by swiftly rejoining the Paris Agreement on his first day in office. Since then, his administration has embarked on an ambitious journey to confront climate challenges both domestically and internationally. The breakthrough at COP28 sees…
Author: Editor Francis
Reta Jo Lewis, President and Chair of the Export-Import Bank of the United States (EXIM), concluded a week of impactful engagements at the 2023 United Nations Climate Change Conference (COP28), in Dubai. As a key member of the U.S. delegation, Chair Lewis affirmed EXIM’s unwavering commitment to supporting renewable and low-carbon U.S. exports, culminating in the signing of a Memorandum of Understanding (MOU), with the Export Import Bank of Korea. The eventful week showcased EXIM’s dedication to climate finance, with Chair Lewis highlighting the agency’s remarkable support exceeding $1 billion for climate initiatives in Fiscal Year 2023. This financial backing…
In a notable development, the United States has commended all parties involved in the conflict in the eastern Democratic Republic of the Congo (DRC) for exhibiting restraint and calls for additional measures to de-escalate tensions, emphasizing a commitment to a peaceful resolution of the conflict. The statement specifically acknowledges the leadership and contributions of DRC President Felix Tshisekedi and Rwandan President Paul Kagame in this positive endeavor. According to Matthew Miller, the Department Spokesperson, the United States is urging all parties to the conflict to intensify their efforts in respecting the ongoing 72-hour ceasefire. Additionally, there is a call for…
Administrator Samantha Power of the United States Agency for International Development (USAID) engaged in discussions with President Hassan Sheikh Mohamud of Somalia. The talks centered on strategizing how the United States, along with USAID-supported initiatives, can effectively contribute to Somalia’s journey towards long-term stability. Spokesperson Jessica Jennings, conveying the outcomes of the meeting, highlighted the key areas of collaboration discussed between Administrator Samantha Power and President Hassan Sheikh Mohamud. Shared priorities were emphasized, including efforts to advance stabilization in regions liberated from the extremist group al-Shabaab, addressing critical humanitarian needs, and supporting Somalia in adapting to the impacts of climate…
When it comes to Fintech companies leading in Africa, it is never a mistake to mention Nigeria as one of the vanguards of this new craft and innovation. In Nigeria, Opay, the popular fintech company, can never be far behind in this ranking. This green -colour with a touch of black formed letter “O” company has emerged victorious at the ADVAN African Awards for Marketing Excellence 2023, securing the prestigious Consumer Choice Award. The ADVAN Awards stand as Nigeria’s pinnacle honour, acknowledging and applauding exceptional creativity and impactful contributions in brand marketing and activation. The annual ceremony, held at the…
Jumia, the prominent online retailer in Africa, has announced the imminent closure of its food delivery service, Jumia Food, by the end of December 2023. This decision has sent shockwaves through the African e-commerce landscape, creating a void in the expanding food delivery market and raising apprehensions about the future challenges faced by key players in the industry. Attributing the decision to a strategic refocus on the company’s core physical goods business and the Jumia Pay platform, CEO Francis Dufay highlighted the ongoing struggle for profitability as the primary factor behind this move. Despite Jumia Food contributing 11% to the…
In a bid to spread joy and goodwill this festive season, Airtel Nigeria has kickstarted the 2023 edition of its renowned community feeding initiative, “5 Days of Love.” The telecommunications giant made the announcement at a press conference held at its headquarters in Lagos on Tuesday. The longstanding program, now in its 9th edition, is set to provide nourishment to 6,000 individuals in six different locations across six states in Nigeria. The selected states include Lagos, Rivers, Kano, Imo, Kwara, and Abuja. Airtel Nigeria has committed to distributing packed meals over five days to diverse groups, encompassing children, women, youth,…
My good people of Ondo State, I address you today with a humble heart and a mixed feeling. The events which have culminated in today’s address is a watershed in the annals of our experience as a people. It is not a moment of celebration, but rather a moment of sober reflection. A moment for us to really appreciate the collective burden of moving our State forward. The events of the past months have indeed challenged our love for our state and indeed democracy which we all profess. Throughout the whirlwind and the storm, we held fast to our firm…
Tingo Mobile, a prominent technology solutions company in Nigeria, has introduced Tingo ePOS, an innovative electronic point-of-sale system poised to revolutionize financial transactions in the country. The Chief Executive Officer of Tingo Mobile, Auwal Muade, expressed the company’s dedication to empowering businesses in the digital era through the cutting-edge Tingo ePOS solution. Muade emphasized that the system not only streamlines transactions but also plays a pivotal role in fostering the growth and success of businesses nationwide. Muade further highlighted the transformative potential of Tingo ePOS, stating that it goes beyond mere payment solutions, aiming to redefine how people connect in…
The French authorities have revealed plans to repatriate a fresh sum of $150 million from the Sani Abacha loot to Nigeria. The announcement was made by Julien Buissart, the head of the French delegation to the 10th Session of State Parties to the United Nations Convention against Corruption (CoSP10), during the GFAR Action Series. The disclosure has triggered swift reactions from Nigerian civil society organizations participating in the 10th Session of the UNCAC-CoSP in Atlanta, Georgia, USA. Concerns were expressed regarding the fact that the agreement for the return of the funds was not formally signed during CoSP10, echoing a…
In the face of escalating insecurity and a transitional period in the Sahel region, the United States has strongly denounced the increasing and intolerable violence perpetrated by terrorist groups against civilians, military personnel, and police forces in Burkina Faso. The toll of violent extremism on the Burkinabe people has been significant, prompting the U.S. to extend condolences to the victims, their families, and affected communities. The U.S. reaffirms its steadfast commitment as a partner in the global fight against terrorism. Expressing profound concern, Matthew Miller, Department Spokesperson, highlighted troubling developments involving Burkina Faso’s Transition Authorities. Of particular concern are the…
In a resolute move to combat sexual violence in conflict zones, the Biden-Harris Administration has announced a series of comprehensive measures targeting perpetrators and supporting survivors. As part of the Human Rights week and following the conclusion of the 16 Days of Action Against Gender-Based Violence, the Department of Treasury and the State Department imposed significant sanctions on thirteen individuals from four different countries. President Biden has emphasized the collective responsibility of governments, international organizations, civil society, and individuals to condemn sexual violence unequivocally. The focus extends to regions facing conflict and instability, where women and girls continue to endure…