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African economies urged to invest in research for industrial transformation

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While Africa accounts for less than 3% of global research output, it bears a disproportionately higher share of global challenges

ALGIERS, Algeria, September 8, 2025/APO Group/ –African economies have been challenged to boost their investment in research to power the continent’s industrial transformation by accelerating development of homegrown innovations that reinforce autonomy, sustainability, and technological sovereignty.

Speaking during the official launch of the African Research and Innovation Hub (ARIH) on the sidelines of the ongoing Intra-African Trade Fair 2025 (IATF2025) in Algiers, the Group Chief Economist and Managing Director for Research at the African Export-Import Bank (Afreximbank) Dr. Yemi Kale noted that while Africa accounts for less than 3% of global research output, it bears a disproportionately higher share of global challenges.

“Even more concerning, our research and development spending averages under 0.5% of GDP, far below the global average of 2.2% and far less than the over 4% invested in countries such as South Korea and Israel. However, history shows us that deliberate investment in research ecosystems has been the foundation of industrial transformation. Sustained competitiveness requires research, innovation, and the industrial capacity to transform ideas into products and services that can stand at the frontier of global markets,” Dr Kale said.

Sustained competitiveness requires research, innovation, and the industrial capacity to transform ideas into products and services that can stand at the frontier of global markets

The hub is a joint initiative of Afreximbank, the African Union and the African Continental Free Trade Area (AfCFTA) Secretariat that aims to promote and commercialise African research and innovation. It provides a platform for academics, researchers, and students to contribute their knowledge and expertise towards advancing Intra-African trade and industrialisation.

“ARIH’s mission is to transform intellectual capital into industrial competitiveness and trade-led growth. Studies indicate that if Africa merely doubles its R&D spending to 1% of GDP by 2030, we could unlock an estimated $60–70 billion annually in additional value across agriculture, digital technology, and manufacturing. This would boost productivity, reduce import dependence, and expand Africa’s share of global trade,” Dr Kale argued.

Throughout IATF2025, ARIH is running sessions bringing together participants from academia, enterprise, policymakers and investors. Besides the co-convenors, Algeria’s Ministry of Higher Education is providing technical coordination for the sessions that include roundtables and pitch sessions for innovative projects and startups. University lecturers and students, as well as scientists and researchers affiliated with National Research Institutions from Africa, and the Diaspora including the Caribbean, have the opportunity to showcase their innovative research and scientific prototypes.

Hosted by the People’s Democratic Republic of Algeria, IATF2025 is co-convened by Afreximbank, the African Union Commission and the AfCFTA Secretariat, and is projected to facilitate trade and investment deals worth over US$44 billion. IATF is a platform for businesses to showcase their goods and services to visitors and buyers while exploring opportunities and exchanging information. IATF aims to tap into opportunities from AfCFTA’s single market of over 1.4 billion people and GDP of over US$3.5 trillion. The ongoing IATF2025 is in its fourth edition with the last three editions of IATF cumulatively generating over $118 billion in trade and investment deals and attracting more than 70,000 visitors and 4,500 exhibitors.

For more information, please visit www.IntrAfricanTradeFair.com.

Distributed by APO Group on behalf of Afreximbank.

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African Development Bank Group launches up to USD 5.1 billion response plan to offset energy and fertilizer shocks in African countries

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The Global Energy And Fertilizer Crisis Response Framework (GEFCRF), approved on 1 September 2026, enables the Bank Group to deliver timely, targeted support to address the immediate needs stemming from the crisis and to strengthen African member countries against future shocks

ABIDJAN, Côte d’Ivoire, September 8, 2026/APO Group/ –The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a new framework to mitigate the impact of the global energy and fertilizer crisis on African countries.

The Global Energy And Fertilizer Crisis Response Framework (GEFCRF), approved on 1 September 2026, enables the Bank Group to deliver timely, targeted support to address the immediate needs stemming from the crisis and to strengthen African member countries against future shocks.

 




  

Building on successful experiences from the Bank’s COVID-19 Response Facility and the African Emergency Food Production Facility, the framework is designed to provide immediate relief while laying foundations for stronger, more self-reliant and resilient African economies

The framework will be financed through an additional USD 4.1 billion in African Development Bank lending and up to USD 960 million from the African Development Fund, the Bank Group’s concessional lending arm.  The additional resources will increase the Bank’s 2026 lending target to approximately USD 12.7 billion, enabling the Bank Group to provide timely and targeted support to countries affected by the crisis while strengthening resilience to future shocks.

When fertilizer becomes too expensive or difficult to find, farmers use less and harvests can suffer

The response is temporary and valid for one year from the Board’s approval date, after which it will be reviewed before extending. The GEFCRF will be demand-driven, with support tailored to address the specific vulnerability levels with an appropriate financial and policy response.

The ongoing crisis in the Middle East continues to pose a significant external shock to African economies, reflected in rising global prices for energy, food, fertilizers and other commodities on which many African countries remain heavily dependent and import massively.

Disruptions to global trade routes and logistics, including key maritime corridors, are compounding these pressures by increasing transport costs, delaying deliveries, and amplifying supply chain fragility.

The GEFCRF will work across four main pillars to:

  • Stabilise macroeconomic conditions: Provide rapid counter-cyclical financing, short-term buffers, and coordinated fiscal, monetary, and debt policy responses during shocks.
  • Secure critical food, energy and fertilizer supply systems: Use emergency and trade finance to protect food, energy, and fertilizer supplies, while supporting vulnerable populations in particular vulnerable women and stabilising markets.
  • Protect essential spending and vulnerable households: Safeguard priority public expenditures and deploy targeted social protection to cushion vulnerable groups in particular women and youth, reduce reliance on broad subsidies and prevent deepening of fragility.
  • Sustain reforms for medium to long-term resilience building: Policy space preserved for medium-term reforms that reduce dependence on volatile external energy, food and fertilizer markets, establish foundations for diversified supply chains and regional solutions and enhance fiscal resilience and crisis-response readiness.

“This framework is about listening and responding to the urgent needs of African countries, helping them protect households and vulnerable populations, keep food, fertilizer and energy systems functioning, and preserve hard-won development gains while building greater resilience for the future,” said Abdul Kamara, Acting Vice President for Country and Regional Operations, “A crisis response must do more than cushion the shock. It must make countries stronger. That is exactly what this framework aims to achieve.”

“The Bank’s new Global Energy and Fertilizer Crisis Response Framework gives us a way to respond to the pressures African farmers are facing as the conflict in the Middle East disrupts global trade,” noted Martin Fregene, Officer in Charge Vice President for the Agriculture, Human and Social Development.

“When fertilizer becomes too expensive or difficult to find, farmers use less and harvests can suffer. Access to finance is part of the solution, helping businesses keep fertilizer moving to farmers, while we work to build stronger fertilizer markets and more local supply in Africa, “he added.

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

 




 

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Wuhan takes its cultural showcase abroad at Duisburg China Festival

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Duisburg China Festival

DUISBURG, GERMANY – Media OutRech Newswire – 8 September 2026 – The 2026 Duisburg China Festival kicked off here on Friday afternoon, with participation from some Chinese and German cities, aimed at strengthening ties between the two countries.

The three-day festival features a wide range of cultural booths and interactive zones showcasing traditional Chinese cuisine, culture and contemporary art.

On Friday evening, top-tier performing arts troupes from Wuhan, capital city of central China’s Hubei Province, jointly staged the festival’s opening gala. Nearly 40 artists presented more than a dozen distinctive programs spanning Peking opera, Hanju opera, Chuju opera, acrobatics, and ethnic song and dance.
 




 
The Duisburg China Festival is a vivid expression of exchange between China and Germany, allowing Germans to experience and understand China up close, said Chang Haitao, acting consul general of the Chinese Consulate General in Dusseldorf.

In 1982, Duisburg and Wuhan became sister cities, the first of its kind between Germany and China. The two cities have maintained close people-to-people and economic exchanges, forging a bond between them ever since.

Impressed by the performance of the Chinese artists, Duisburg Mayor Soeren Link said that the opening gala was unforgettable for its standard, quality, richness, and the many different facets it presented.

Duisburg attaches great importance to its sister-city relationship with Wuhan and hopes to continue strengthening German-Chinese friendship as well as exchange and dialogue between the two sides, said Link.

Markus Teuber, commissioner for China affairs at the Mayor’s Office of Duisburg, said the rich array of theatrical, song and dance performances brought by Wuhan offered German audiences an excellent window into Chinese culture, and expressed hope that the two cities will continue to deepen cultural exchange in the future.

For Yang Jing, deputy director of the Wuhan Municipal Bureau of Culture and Tourism, the presence of Wuhan city at the festival “marks an important step in Wuhan culture’s global outreach.”

The Duisburg China Festival is an annual signature cultural event for the city, injecting fresh grassroots momentum into the development of German-Chinese friendship.
 




 

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UR Energy’s Abel Manumbu Brings Regional Power Focus to African Mining Week (AMW) 2026

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UR Energy

Manumbu will join a panel examining the infrastructure needed to support Africa’s mineral value addition corridors

CAPE TOWN, South Africa, September 8, 2026/APO Group/ –Abel Manumbu, Founder and Managing Director of UR Energy Limited, has been confirmed as a speaker at the African Mining Week (AMW) 2026 conference, taking place from October 14–16 in Cape Town.

Manumbu will participate in the Enabling Africa’s Value Addition Corridors panel discussion, sponsored by the Africa Finance Corporation. The session will examine how reliable energy infrastructure can support mineral processing hubs and downstream manufacturing investment across Africa.

 




  

His participation comes as UR Energy advances power projects across Southern and Eastern Africa, with a focus on renewables, flexible generation, grid integration and project finance. In Malawi, the company is advancing the 75 MW AZA gas-to-power independent power producer project in Salima, located near the ESCOM Nanjoka substation.

The project is designed to strengthen electricity supply in a region hosting several mineral developments, including the Kasiya rutile-graphite, Kangankunde rare earths, Kanyika niobium, Kayelekera uranium and Salima titanium projects.

UR Energy is also developing the 65 MW Kanawa Kishapu Solar PV and Battery Energy Storage System project in Tanzania under a Memorandum of Understanding with the Tanzania Electric Supply Company. The project forms part of the company’s broader strategy to develop power infrastructure supporting industrial and mining demand.

Across the Nacala Corridor connecting Mozambique, Malawi and Zambia, UR Energy is working to develop LNG supply chains aimed at providing baseload and captive power solutions for industrial and mineral processing projects.

Manumbu’s participation at AMW 2026 will bring an energy infrastructure perspective to discussions around Africa’s mineral value addition corridors, as governments and industry seek to expand domestic processing while addressing the power requirements associated with new mining and industrial developments.

Distributed by APO Group on behalf of Energy Capital & Power.

 




 

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