World
The Crucial Role of Digital Transformation for Africa’s Future
By Kestér Kenn Klomegâh
Ultimately, Africa’s immense potential for digital technologies continues driving efforts forward collaboratively to promote economic growth and development. However, governments have to create an enabling and conducive environment for these skills to thrive. This also involves implementing comprehensive strategies including infrastructure, policy support, and ecosystem development.
In a recent report issued in early August, the Global Africa Business Initiative (GABI), a solution-oriented global platform connecting leaders from all over the world to drive and invest in the unstoppable opportunity of Africa’s economic growth, indicated that digital transformation is not just a pathway to economic growth but also a vital component for sustainable development in Africa.
The report titled ‘GABI Conversations’ captures the essence of the UN Global Compact roundtable discussions held on the sidelines of the 2024 Africa CEO Forum in Kigali, Rwanda. Under the theme of ‘Digital Transformation’, this exclusive gathering in May 2024 brought together prominent African CEOs, representatives from global and African businesses, government officials, and key stakeholders in the digital sector to engage in targeted, solution-oriented conversations aimed at driving investment and growth on the African continent.
“By investing in infrastructure, fostering policy support, and empowering our entrepreneurs and workforce, we can create an environment where digital skills thrive. The GABI Conversations have highlighted the immense potential of digital technologies and AI for Africa, and we must continue to drive these efforts forward collaboratively. Together, we can ensure that Africa not only participates in the digital economy but leads it,” said Sanda Ojiambo, Assistant Secretary-General and CEO of the United Nations Global Compact.
Africa’s digital economy is projected to reach $180 billion by 2025, and $712 billion by 2050. This growth is fueled by a vibrant innovation ecosystem in industries like mobile financial services, telemedicine, and e-commerce. The demand for digital skills training in Africa is also expected to surge in the coming decade as jobs that previously did not require digital skills will begin to do so. It’s estimated that some 230 million jobs across Africa will require some level of digital skills by 2030. This translates to a potential for 650 million training opportunities.
The event featured a series of panels and fireside chats that delved into critical discussions on the solutions needed to drive Africa’s economic growth. Key conversations focused on bridging the digital divide by providing skills, infrastructure, finance, and other opportunities. Key topics covered included AI governance, technology and the supply chain, the digital economy, upskilling of the future workforce, data centres, and digital infrastructure, among others.
Speakers at the event included Professor Yemi Osinbajo, former Vice President of Nigeria and Guardian of the Timbuktoo Africa Innovation Foundation, Paula Ingabire, Minister of ICT and Innovation for the Republic of Rwanda, and Alex Okosi, CEO of Google Africa representing the GABI Circle. The discussions were moderated by Dr. Acha Leke, Chairman of McKinsey Africa, and hosted by Ozonnia Ojielo, the UN Resident Coordinator to Rwanda.
Key Conversations Insights
Participants emphasized the significance of multi-stakeholder collaboration, highlighting the essential need for cooperation between governments, private sector entities, and other stakeholders to accelerate digital transformation. This collaborative strategy is essential for overcoming obstacles and amplifying the effect of digital initiatives. Emphasis was placed on the necessity of cultivating a highly skilled workforce, described as an ‘army’ of digital professionals, to advance the digital agenda.
It was stressed that AI has immense potential for the future of Africa. However, the continent must develop the necessary infrastructure to support AI technologies. Additionally, it was emphasized that for Africa to benefit from digital transformation, it is essential to establish data centres on the continent. The presence of data centres in only a few African countries hampers progress. It was also stated that data centres must be financially viable and sustainable to bolster digital transformation.
To ensure individuals can effectively participate in and benefit from the digital economy, the discussions stressed the critical need for comprehensive capacity-building initiatives. One of the key highlights was the call for successful entrepreneurs to establish funds dedicated to supporting emerging entrepreneurs, thereby expanding and strengthening the digital economy.
Key Recommendations
The GABI Conversations highlighted the immense potential of digital technologies and AI for transforming Africa. To unlock this potential, it is vital to bridge infrastructure gaps, cultivate collaboration among diverse stakeholders, and empower individuals and entrepreneurs. Creating an enabling environment and making strategic investments in digital infrastructure are essential steps for Africa to achieve a prosperous digital future.
The key recommendations from the conversations include GABI establishing itself as a leading advocate for AI in Africa from 2025 onwards, with a focus on promoting the necessary infrastructure for AI technologies. Additionally, it was recommended that the GABI platform be leveraged to build on the initiatives of the UN Secretary-General’s AI Advisory Body, adapting the report’s outcomes to the specific needs of Africa.
Lastly, the recommendations emphasized the importance of using the GABI platform to engage with African governments and policymakers to advocate for the creation of legal and regulatory frameworks and policies supporting AI development.
Following the success of GABI Conversations, the UN Global Compact further engaged with business leaders at the African Union mid-year coordination meeting in Accra, Ghana. These events serve as a prelude to the 25 and 26 September 2024 ‘Unstoppable Africa’ event in New York during the UN General Assembly week. The insights and recommendations from these conversations will feed into the broader agenda of ‘Unstoppable Africa’ and inform GABI’s strategic programming and partnerships for 2025.
Under the leadership of UN Deputy Secretary-General Amina J. Mohammed, GABI aims to reposition Africa as a business destination and opportunity for investment on the global stage while also contributing towards the African Union Agenda 2063 and the Sustainable Development Goals.
World
Africa Takes Centre Stage as Addis Ababa Hosts the World Public Summit
By Kestér Kenn Klomegâh
For the first time in its history, the World Public Summit will be held on the African continent. On 29–30 July 2026, Addis Ababa, the capital of Ethiopia, will host the World Public Summit. Africa — “A New World: Africa in Shaping a Shared Future.”
The Summit is organised by the World Peoples Assembly in cooperation with African partner organisations. It will bring together leaders of public diplomacy, representatives of international intergovernmental and non-governmental organisations, academics, experts, representatives of the education and cultural sectors, youth leaders, socially responsible businesses, media professionals, and civil society institutions from across Africa and other regions of the world.
The World Public Summit. Africa continues the work initiated during the First World Public Assembly “A New World of Conscious Unity,” held in Moscow in September 2025, and serves as one of the key milestones in preparation for the Second World Public Assembly “A New World: Values That Unite,” which will take place in Moscow on 18–19 September 2026.
Today, Africa is emerging as one of the principal centres of global development. Rapid demographic growth, expanding entrepreneurship, strengthening regional integration, rich cultural heritage, and the growing role of civil society institutions make the continent an increasingly important contributor to the future architecture of international cooperation.
The Summit will focus on issues of genuine sovereignty and sustainable development, public diplomacy, preservation of cultural and historical heritage, international cooperation in education and science, youth engagement, innovation-driven development, creative industries, and the formation of new partnerships among countries and peoples.
The main business programme of the Summit will take place on 30 July 2026 at the headquarters of the United Nations Economic Commission for Africa (UNECA) in Addis Ababa. Holding the Summit at UNECA highlights its pan-African dimension and creates opportunities for broad international dialogue on humanitarian cooperation and public diplomacy.
The programme will include plenary sessions, strategic dialogues, and expert panels dedicated to values-based development, education, culture, youth leadership, innovation, and international cooperation.
Participation has already been confirmed by Professor Saidou Madougou, Director of the Department of Education, Science, Technology and Innovation of the African Union; Rita Bissoonauth, Director of the UNESCO Liaison Office to the African Union and UNECA in Addis Ababa; Zuzana Schwidrowski, Director of the Macroeconomics, Finance and Governance Division of UNECA, as well as ministers, leaders of public organisations, and representatives of the business community from a number of African countries.
On the same day, the ADWA Victory Memorial Museum—Ethiopia’s national memorial complex dedicated to the Victory of Adwa and an important centre for preserving the historical memory of the Ethiopian people—will host the award ceremony of the regional stage of the V International Competition “Leader of Public Diplomacy”, followed by a large-scale cultural programme.
One of the key outcomes of the Summit will be the adoption of the African Communiqué, reflecting proposals and recommendations aimed at strengthening humanitarian, educational, cultural, and public cooperation between African countries and other regions of the world.
The outcomes, initiatives, and recommendations were developed during the World Public Summit. Africa will be presented at the Second World Public Assembly “A New World: Values That Unite”, to be held in Moscow on 18–19 September 2026.
According to Andrey Belyaninov, General Secretary of the World Peoples Assembly, “the Addis Ababa Summit is an important step toward building a new world founded on mutual respect, cultural diversity, dialogue and sustainable development.”
World
UK Set for Seventh Prime Minister in 10 Years as Keir Starmer Resigns
By Adedapo Adesanya
The United Kingdom will get its seventh Prime Minister in 10 years as Mr Keir Starmer announced his resignation on Monday.
The Minister said he is stepping down as leader of the governing Labour Party and will leave office within weeks, scarcely two years after being elected in a landslide.
Mr Starmer says he will remain caretaker prime minister until a new Labour leader is chosen by the party.
Mr Starmer made the announcement after facing growing pressure to hand over to a new leader who can try to revive the government’s flagging fortunes.
He led Labour to a landslide election victory in July 2024, but since then, his popularity and that of the party have plummeted.
His departure was triggered by the victory of Mr Andy Burnham in a special election last week. The popular ex-mayor of Greater Manchester planned to challenge the existing PM for the Labour leadership.
Mr Starmer made the announcement outside the prime minister’s 10 Downing St. residence with a brief statement on Monday.
“The question my party is asking now is whether I am best placed to lead us into the next general election,” Mr Starmer said. “I have heard the answer of my parliamentary party to that question, and I accept that answer with good grace.
Mr Starmer is the sixth prime minister in a decade to stand outside 10 Downing Street and announce a premature departure.
It comes the day before Britain marks the 10th anniversary of its vote to leave the European Union, a decision that still affects the country’s economy and politics.
Over the past decade, 10 Downing Street has had six occupants, including Mr David Cameron, who left office in 2016 after the Brexit referendum and was succeeded by Ms Theresa May. She was followed by Mr Boris Johnson, whose tenure covered Brexit and the COVID-19 pandemic. After Mr Johnson came Ms Liz Truss, whose 49-day premiership was the shortest in British history. Mr Rishi Sunak then took office before being succeeded by Mr Starmer, the outgoing occupant of Number 10.
World
AXIAN Energy Secures $60m for Expansion Across Africa
By Aduragbemi Omiyale
A financing facility of up to $60 million has been secured by AXIAN Energy, the energy division of the AXIAN Group.
The funding package was provided by MCB, one of the leading financial institutions in the Indian Ocean region.
It comprises a $40 million revolving credit facility with a three-year tenor and extension option, and $20 million in unfunded instruments, providing AXIAN Energy with enhanced financial flexibility, enabling the company to rapidly mobilise resources and seize development opportunities across its target markets.
The energy firm is expected to use the capital to deliver large-scale energy infrastructure projects across Africa.
Over the past two years, AXIAN Energy has significantly accelerated its growth by expanding its renewable energy project pipeline, with solar projects currently under development in Senegal, Benin, Zambia, Côte d’Ivoire, Madagascar, and Burkina Faso.
Building on this momentum, AXIAN Energy now operates a portfolio comprising 350 MW of installed renewable energy capacity, supported by 77 MWh of energy storage capacity, positioning the AXIAN Group as a major contributor to Africa’s energy transition.
The chief executive of AXIAN Energy, Mr Benjamin Memmi, said, “This transaction marks a key milestone in AXIAN Energy’s growth trajectory. It provides us with the financial capacity to sustain the momentum we have built over the past two years, further strengthening our renewable energy portfolio and expanding our presence across new African markets.”
Also commenting, the Global Head of Structured Finance at MCB, Mr Mathieu Delteil, said, “We are proud to support AXIAN Energy in structuring this facility, reaffirming our commitment to enabling transformative projects across Africa.
“By leveraging our sector expertise and deep understanding of regional markets, we have delivered a tailored financing solution that aligns with AXIAN’s long-term renewable energy ambitions.
“This partnership highlights our role as a strategic financial partner, mobilising capital towards investments that drive sustainable growth and accelerate the energy transition across the continent.”
The financing agreement between the two organisations strengthens their long-standing relationship because it is driven by a shared commitment to supporting infrastructure development and economic growth across Africa.
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