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German Chancellor Scholz Kicks off Africa Trip in Senegal

dakar, sene­gal — 
Ger­man Chan­cel­lor Olaf Scholz said his coun­try is inter­est­ed in a major gas exploita­tion project in Sene­gal as he began a three-nation vis­it to Africa on Sun­day that also is focused on the geopo­lit­i­cal con­se­quences of the war in Ukraine.
Sene­gal is believed to have sig­nif­i­cant deposits of nat­ur­al gas along its bor­der with Mau­ri­ta­nia at a time when Ger­many and oth­er Euro­pean coun­tries are try­ing to reduce their depen­dence on import­ing Russ­ian gas.
“We have begun exchanges and we will con­tin­ue our efforts at the lev­el of experts because it is our wish to achieve progress,” Scholz said at a joint news brief­ing with Sene­galese Pres­i­dent Macky Sall.
The gas project off the coast of Sene­gal is being led by BP, and the first bar­rels are not expect­ed until next year.
This week’s trip marks Scholz’s first to Africa since becom­ing chan­cel­lor near­ly six months ago. Two of the coun­tries he is vis­it­ing — Sene­gal and South Africa — have been invit­ed to attend the Group of 7 sum­mit in Ger­many at the end of June.
Par­tic­i­pants there will try to find a com­mon posi­tion toward Rus­sia, which was kicked out of the then-Group of Eight fol­low­ing its 2014 seizure of Crimea from Ukraine.
Lead­ers at the G‑7 sum­mit also will be address­ing the threat of cli­mate change. Sev­er­al G‑7 coun­tries, includ­ing Ger­many and the Unit­ed States, signed a ‘just ener­gy tran­si­tion part­ner­ship’ with South Africa last year to help the coun­try wean itself off heav­i­ly pol­lut­ing coal.
A sim­i­lar agree­ment is in the works with Sene­gal, where Ger­many has sup­port­ed the con­struc­tion of a solar farm.
Ger­man offi­cials also said Scholz will make a stop in Niger, a coun­try that like its neigh­bors has long been bat­tling Islam­ic extremists.
Ear­li­er this month, the Ger­man gov­ern­ment backed a plan to move hun­dreds of its sol­diers to Niger from neigh­bor­ing Mali. The devel­op­ment comes amid a deep­en­ing polit­i­cal cri­sis in Mali that prompt­ed for­mer colo­nial pow­er France to announce it was with­draw­ing its troops after nine years of help­ing Mali bat­tle insurgents.
Ger­many offi­cials say their deci­sion also was moti­vat­ed by con­cerns that Malian forces receiv­ing EU train­ing could coop­er­ate with Russ­ian mer­ce­nar­ies now oper­at­ing in the country.
Ger­many, though, will increase its par­tic­i­pa­tion in a U.N. peace­keep­ing mis­sion in Mali, pro­vid­ing up to 1,400 sol­diers. The Cabinet’s deci­sions still need to be approved by parliament.
Niger is also a major tran­sit hub for ille­gal migra­tion to Europe. Peo­ple from across West Africa con­nect with smug­glers there to make the jour­ney north­ward to attempt the dan­ger­ous trip across the Mediter­ranean Sea.

How currency sanctions on Russia could disrupt trade with Africa

Intro­duc­tion Finan­cial sanc­tions tend to hurt both the sanc­tioned and the sanc­tion­er, but they also threat­en to hurt coun­tries that are finan­cial­ly inter­linked with the sanc­tioned coun­try. Recent sanc­tions levied on Rus­sia by the Unit­ed States and the Euro­pean Union in response to Russia’s inva­sion of Ukraine are dis­rupt­ing glob­al trade and finan­cial net­works across…

African leaders to attend 2022 World Economic Forum in Davos — CGTN

FILE PHOTO: A man sil­hou­ettes in front of the logo of the World Eco­nom­ic Forum in Davos, Switzer­land, Sun­day, Jan. 19, 2020. (Photo/Markus Schreiber,file)

FILE PHOTO: A man sil­hou­ettes in front of the logo of the World Eco­nom­ic Forum in Davos, Switzer­land, Sun­day, Jan. 19, 2020. (Photo/Markus Schreiber,file)

African pres­i­dents are expect­ed join the world’s polit­i­cal and busi­ness elite in Davos, Switzer­land, for the World Eco­nom­ic Forum’s Annu­al Meet­ing that starts today and is expect­ed to run until May 26.The 2022 meet­ing is the first in-per­son meet­ing since the start of the COVID-19 pandemic.Happening under the theme of His­to­ry at a Turn­ing Point: Gov­ern­ment Poli­cies and Busi­ness Strate­gies, the meet­ing will have 200 ses­sions attend­ed by more than 2,500 lead­ers and experts.Some of the African lead­ers that have con­firmed atten­dance include Malawi Pres­i­dent Lazarus Chak­w­era, Zim­bab­we Pres­i­dent Emmer­son Mnan­gag­wa, Namib­ia Pres­i­dent Hage Gein­gob and Rwan­da Pres­i­dent Paul Kagame.The Forum is expect­ed to place focus on the ongo­ing con­flict in Ukraine.The 2022 forum will also have pan­els on a host of oth­er issues, includ­ing cli­mate change, ris­ing ener­gy prices, glob­al sup­ply chain prob­lems, gen­der inequal­i­ty and poverty.

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Report: Global Pandemic Increased Poverty in Africa

Nairo­bi —  The glob­al pan­dem­ic has pushed more than 55 mil­lion Africans into extreme pover­ty and reversed two decades of hard work in pover­ty reduc­tion on the con­ti­nent. The Eco­nom­ic Report on Africa for 2021 blamed the grow­ing pover­ty on job loss­es, reduced income and the inabil­i­ty of house­holds to man­age the risks In a 150-page…

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As the West imposed wide-rang­ing sanc­tions on Rus­sia in response to Russ­ian Pres­i­dent Vladimir Putin’s war in Ukraine, reports emerged that the Unit­ed States might con­cur­rent­ly lift sanc­tions on the regime of anoth­er bru­tal dic­ta­tor: Venezue­lan Pres­i­dent Nicolás Maduro. A sur­prise vis­it by a U.S. del­e­ga­tion to Cara­cas, Venezuela’s cap­i­tal, in March prompt­ed imme­di­ate speculation…

Libyan rivals resume U.N.-brokered talks on elections | AP News

CAIRO (AP) — Rival Libyan offi­cials on Sun­day resumed talks in the Egypt­ian cap­i­tal, the lat­est U.N.-led efforts to agree on con­sti­tu­tion­al amend­ments for elec­tions as the North African nation again finds itself at a polit­i­cal impasse.Twelve law­mak­ers from Libya’s east-based par­lia­ment and 11 from the High Coun­cil of State, an advi­so­ry body from west­ern Libya, were attend­ing the Cairo-host­ed talks, said Abdul­lah Bli­heg, the parliament’s spokesman.The U.N. spe­cial advis­er on Libya, Stephanie Williams, said the talks aim at address­ing core chal­lenges — includ­ing the polit­i­cal sys­tem, eli­gi­bil­i­ty cri­te­ria, and a time­line for elec­tions. She advised the atten­dees that they have until May 28 to come with an agreement.“This ses­sion con­sti­tutes your last chance to pro­vide a cred­i­ble response to the expec­ta­tions of the Libyan peo­ple and make con­crete progress on these issues,” she said.The first round of the talks