Apart from climate change and artificial intelligence, the world has a third momentous issue which needs to be addressed urgently. The debt crisis has crept up stealthily, but inexorably. The scale is enormous: developing countries’ aggregate external sovereign debt reached $12.3 trillion in 2025. Their borrowings are supposed to finance social and economic upliftment, infrastructure and climate resilience. Yet for many countries, financing intended to develop capacity ends

Photo by the African Union PORT LOUIS, Mauritius — The Africa Credit Rating Agency (AfCRA) was formally launched in Mauritius on Wednesday as an African Union initiative developed through the African Peer Review Mechanism (APRM). AfCRA will provide ratings for sovereign governments, sub-sovereign entities, corporations and other public and private institutions across Africa. According to the African Union, the agency will incorporate African data, expertise and economic conte

Uganda has cleared the Dangote Refinery IPO for distribution, giving eligible Ugandan investors a regulated route to participate in Africa’s largest share sale.

African Union leaders meeting in Egypt called for faster implementation of the continent’s free-trade agreement, greater investment in manufacturing and infrastructure, and stronger coordination as conflicts and political disputes complicate efforts to build a more integrated African economy.

SpaceX joined diplomats, lenders and companies at the U.S. Mission to the United Nations event, where Uganda presented a $1.2 billion pipeline of proposed projects.

NEW YORK – The United Nations General Assembly has adopted a landmark resolution designating November 27 as the International Day for the Elimination of Child, Early and Forced Marriage, following sustained advocacy by Sierra Leone’s First Lady, Dr. Fatima Maada Bio. The resolution marks a significant step in global efforts to protect girls from child, early and forced marriage. Attention now turns to implementation, including national legislation, enforcement and community-l

LAGOS, Nigeria — Nigerian billionaire Aliko Dangote has opened ownership of his flagship oil refinery to public investors, launching a roughly $1.6 billion initial public offering that is expected to become the largest IPO in African history and one of the most consequential listings ever undertaken on the Nigerian capital market. Dangote Petroleum Refinery and Petrochemicals opened the offer on Monday, September 14, with 4.1 billion new ordinary shares priced at ₦525 each. I

The African-led resolution urges governments, schools, media organizations and technology companies to move beyond the distorted Mercator projection when comparing the size of continents.

The contest to succeed António Guterres will influence how the United Nations responds to war, debt, climate shocks, human-rights abuses and shrinking development assistance.

New York is expanding legal protections for unaccompanied immigrant children as the city and state push back against expanding federal immigration enforcement. Governor Kathy Hochul announced $7.25 million in state funding for legal services, while Mayor Zohran Mamdani and Attorney General Letitia James outlined broader efforts to support immigrant communities amid an intensifying dispute with Washington.

NYC (GAB) — New York City Mayor Zohran Kwame Mamdani invoked Nelson Mandela’s resistance to apartheid and support for Palestinian freedom as he urged political leaders and the public to extend solidarity to people confronting injustice today, even when doing so carries political or personal costs. Delivering a lecture at the Nelson Mandela Foundation’s Global Leadership Forum in New York City, Mamdani argued that Mandela’s legacy should not be confined to museums, commemorati

Understanding the AI Investment Landscape NEW YORK (GAB) — The artificial intelligence investment boom shows no signs of slowing down, despite rising concerns over valuations. Billionaire technology investor Philippe Laffont recently shared his insights with institutional investors, emphasizing that the current AI cycle is fundamentally different from the dot-com bubble that preceded the market crash of 2000. During the closing fireside chat at the Global Alts Conference held