Articles tagged with “africanunion”

Ethiopia has officially applied to join the BRICS New Development Bank (NDB), marking it as a key priority for the year. Ambassador Leulseged Tadese Abebe confirmed the move, stating Ethiopia has secured political backing from all BRICS members and aims to finalize the process soon. The ambassador emphasized Ethiopia's commitment to integrating into BRICS mechanisms, particularly the NDB, to drive development in agriculture, energy, and industry. He also highlighted the African Union's growing influence within BRICS, with Ethiopia, South Africa, and Egypt advocating for Africa's trade and investment interests. The NDB, founded in 2014, focuses on sustainable development projects in BRICS nations and beyond. Its recent discussions with Bangladesh underscored plans to invest in infrastructure, clean energy, and digital networks. Ethiopia's potential membership could further strengthen Africa's role in global economic partnerships.

Africa has taken a major step in space exploration with the official launch of the African Space Agency (AfSA) on April 20, 2025. The agency is headquartered in Cairo's Egyptian Space City, marking a key milestone in the continent's space ambitions. The initiative traces back to 2016 when the African Union adopted the African Space Policy and Strategy, laying the groundwork for a unified approach to space activities. The inauguration brought together leaders from African governments, space agencies, and international organizations. The event highlights Africa's growing role in global space efforts, with representatives from across the continent and beyond attending the ceremony. The establishment of AfSA signals a new era of collaboration and technological advancement for Africa's space sector.