Ghana is Planning its First Nuclear Energy Plant: what’s Behind the Decision

Ghana is struggling to provide affordable and consistent electricity to its citizens. The country produces excess electricity but the supply isn’t reliable. This conundrum has led to the country’s decision to build a nuclear power plant. Nuclear scientist Seth Kofi Debrah discusses the risks – and opportunities – for Ghana.

The country’s industrialisation ambitions, fuel constraints, limited resources, climate conditions and international commitments to climate change mitigation are among the factors driving Ghana to include nuclear power in the energy mix.

Nuclear power is available all year round, making it reliable. The nuclear power plant is expected to operate as a baseload plant (the production facility used to meet some or all of an area’s continuous energy demand), with a capacity factor of about 92%. A conventional nuclear power plant typically operates for 92% of a calendar year as compared to 54% for natural gas power plants, 24% for solar and 34% for wind power plants. Read more>>

UAE Beef Imports from Brazil Triple

By our Special Correspondent

In a noteworthy shift in the global beef market, the United Arab Emirates (UAE) has seen a remarkable surge in beef imports from Brazil. This dramatic increase has elevated the UAE from fifth to third place among Brazil’s top beef purchasers in just one year. The latest statistics reveal an astonishing 212% rise in beef imports, underscoring the strengthening and increasingly pivotal trade relationship between the two countries.

UAE Beef Imports: A Remarkable Increase

From January to July 2024, the UAE imported a substantial 106,480 tonnes of beef from Brazil. This marks a considerable rise from the 34,120 tonnes imported during the same period in 2023. This 212% increase underscores a robust demand for Brazilian beef in the UAE and reflects a broader trend of growing meat consumption in the region. The revenue generated from these imports also saw a significant increase, reaching USD 484.8 million, compared to USD 152.1 million during the first seven months of 2023. The average price per tonne of beef imported by the UAE was USD 4,550 this year, up slightly from USD 4,460 last year. Read more>>

Big Call on Interest Rates at Jackson Hole will Echo Around the World

The annual economic symposium in Jackson Hole, Wyoming, is a snooty affair even by the standards of the financial “masters of the universe”. Attendance is “limited” to about 120 Federal Reserve officials, central bankers, financial professionals and academics. Journalists are “selected”, expected to pay (horror!) for the privilege of an invitation, and are not allowed to “overwhelm or influence the proceedings”.

The meeting is quirkily held under the auspices of the Federal Reserve Bank of Kansas City, whose officials were apparently keen on fly fishing in mountain lakes to accompany their financial deliberations when the event was first held there in 1982.

In a normal year in the Rocky Mountain resort where it is staged it is all “gas at high altitude, which tends to cause flatulence”, as a participant once described it to me. (I’ve never been lucky enough to be “selected”.)

But 2024 is not a normal year. It is a US presidential election year, and the economics and finances of America will be under the microscope as voters weigh up Donald Trump versus Kamala Harris in November. Just as significantly, this year’s symposium comes at a crucial time for US and global financial markets. Read More>>

Hajia Aisha Ibrahim Babangida

Her Excellency Hajia Aisha Ibrahim Babangida is a distinguished humanitarian leader and a visionary philanthropist with a profound commitment to empowering underserved communities across Nigeria. As the Chairperson of the Better Life Program for the African Rural Woman, Aisha carries forward the remarkable legacy of her mother, who was the program’s Founder and first Chairperson. Under her leadership, the Better Life Program has continued to make significant strides in improving the lives of rural women by providing them with the tools, resources, and opportunities needed to uplift their families and communities.

In addition to her work with the Better Life Program, Aisha Babangida is the founder of the Tasnim Foundation, a charity organization dedicated to advancing girl-child education in rural areas of Nigeria. Through the Tasnim Foundation, Aisha has been instrumental in providing scholarships to young girls, ensuring they have access to quality education and the skills necessary to thrive in the future.

Hajia Aisha Babangida’s educational background is as impressive as her philanthropic achievements. She has pursued studies at prestigious institutions such as the Wharton Business School, INSEAD, the United Nations Institute for Training and Research, Cambridge Judge Business School, and Webster University Geneva, Switzerland. This extensive education has equipped her with the knowledge and expertise to drive impactful initiatives in finance, business, and social development.

A passionate advocate for women’s rights and empowerment, Aisha Babangida has made significant contributions to the advancement of gender equality and financial inclusion in Nigeria. Her dedication to these causes led her to establish WENA and Egwafin Microfinance Bank, two innovative institutions that focus on providing access to capital and financial services for women entrepreneurs and small business owners in underserved communities. Through these initiatives, Aisha has helped foster sustainable development, economic growth, and women’s economic empowerment.

Hajia Aisha’s influence extends beyond the borders of Nigeria, as she travels internationally to visit projects, speak on behalf of women, and encourage other nonprofit organizations and governments to support women business owners. Her leadership skills in nonprofit organizations, negotiation, corporate social responsibility, business planning, and analytical thinking have earned her recognition and numerous awards for her services to women’s issues, particularly in Nigeria.

As the daughter of the Former Nigerian President, General Ibrahim Badamasi Babangida, Aisha has not only upheld her family’s legacy of public service but has also carved out her own path as a transformative leader and advocate for the marginalized. Her work continues to inspire and empower countless women and girls, making her a respected and influential figure in both philanthropy and social development.

We are honored to have Her Excellency Hajia Aisha Ibrahim Babangida join us as a speaker at this significant event, where she will share her invaluable insights on the life of her father in a Special Tribute. Her leadership, advocacy, and dedication to creating opportunities for women and girls make her a truly inspiring figure, and we look forward to her contribution to the colloquium.

Keynote Speaker Announcement: Her Excellency, Dr Ameenah Gurib-Fakim

We are thrilled to announce that Her Excellency, Dr Ameenah Gurib-Fakim will be our Special Guest of Honour and the distinguished Keynote Speaker at the upcoming Virtual Colloquium in honor of General Ibrahim Babangida

Her Excellency Dr. Ameenah Gurib-Fakim is a renowned scientist, accomplished academic, and distinguished former President of Mauritius. Serving as the first female President of Mauritius from 2015 to 2018, Dr. Gurib-Fakim made history by breaking new ground in both political and scientific arenas. With a PhD in Organic Chemistry from Exeter University, she is celebrated for her pioneering research in the field of ethnobotany, focusing on the medicinal and nutritional properties of the plants of the Indian Ocean region.

Before her presidency, Dr. Gurib-Fakim held the position of Managing Director at the Centre for Phytotherapy Research (CEPHYR), where she spearheaded numerous projects that bridged traditional knowledge with modern science. She also served as the Dean of the Faculty of Science and Pro-Vice Chancellor at the University of Mauritius, where she contributed significantly to the development of science and higher education in the region. Read more..

Speaker Announcement: Hajia Saajida Shiraz

We are thrilled to announce that Hajia Saajida Shiraz will be a distinguished speaker at the upcoming Virtual Colloquium in honor of General Ibrahim Babangida.

Hajia Saajida Shiraz is a distinguished political scientist and activist with a deep commitment to political advocacy, human rights, and gender equality. She currently serves as the Head of Projects and Research at the African Center for Governance and Economic Management, where she leads initiatives focused on governance, economic development, and policy research across the African continent.

With a robust academic background in political science, Saajida has become an expert in African affairs, offering insightful analysis and strategic recommendations on issues ranging from political stability to economic empowerment. Her expertise is highly sought after in both academic and policy-making circles, making her a leading voice on African governance and development.

In addition to her professional role, Saajida is a passionate activist for social justice and women’s rights. She has been actively involved in advocating for gender equity and the protection of human rights, particularly in marginalized communities. Her activism is complemented by her extensive volunteer work in humanitarian causes, where she has provided critical support in conflict-affected regions. Read more

Moderator Announcement: Ms. Sophia Shepodd Innocenti

We are pleased to announce that Ms. Sophia Shepodd Innocenti will be the moderator for the Virtual Colloquium in honor of General Ibrahim Babangida.

Sophia Shepodd Innocenti is an accomplished communication expert and a highly sought-after moderator with extensive experience in managing high-profile events and discussions. With a keen ability to engage diverse audiences and facilitate meaningful dialogue, she has moderated numerous international conferences, forums, and summits across various sectors.

Sophia’s expertise in communication is complemented by her academic background and professional experience in public relations, media strategy, and international affairs. Her work has taken her around the globe, where she has collaborated with leading organizations and institutions to deliver impactful and memorable events. Read more..

Dr. Chidi Amuta

Dr. Chidi Amuta is an eminent scholar, journalist, and administrator with a distinguished career that spans academia, media, and literary criticism. Dr. Amuta holds a B.A., M.A., and Ph.D. from Obafemi Awolowo University, Ile-Ife. He began his academic career as a Lecturer at Obafemi Awolowo University (1979-1981) and later served as a Senior Lecturer at the University of Port-Harcourt (1981-1986). His academic achievements also include serving as a Visiting Fellow at the Fletcher School of Law & Diplomacy in Boston, USA.

Dr. Amuta’s contributions to journalism are equally impressive. He was a founding member of the Editorial Board of The Guardian newspaper in 1986 and later held prominent positions such as Group Editorial Adviser and Chairman of the Editorial Board of The Daily Times. He also served as Managing Director of The Post Express Newspapers and Editor of Platform Magazine.

In addition to his media and academic roles, Dr. Amuta has made significant contributions to literature and literary criticism. He is the author of Towards a Sociology of African Literature (1986) and The Theory of African Literature (1988), both of which have had a lasting impact on the study of African literature. Notably, Dr. Amuta is also the author of Prince of the Niger, a biographical work on General Ibrahim Babangida, which provides an in-depth exploration of the former Nigerian leader’s life and legacy. His prolific writing includes hundreds of specialized articles on various issues related to international and Nigerian affairs.

Currently, Dr. Amuta serves as Chairman and CEO of Wilson & Weizmann Associates Ltd., and is also the Chairman of Outcomes Communications Ltd. and the Port Harcourt Literary Society. His deep insights into African literature, media, and socio-political issues, combined with his extensive experience, make Dr. Amuta a highly esteemed speaker for this colloquium.

His participation in the event will certainly add more flavor to the discussions in honor of General Ibrahim Babangida.

Ms. Sophia Shepodd Innocenti

Ms. Sophia Shepodd Innocenti is an accomplished communication expert and a highly sought-after moderator with extensive experience in managing high-profile events and discussions. With a keen ability to engage diverse audiences and facilitate meaningful dialogue, she has moderated numerous international conferences, forums, and summits across various sectors.

Sophia’s expertise in communication is complemented by her academic background and professional experience in public relations, media strategy, and international affairs. Her work has taken her around the globe, where she has collaborated with leading organizations and institutions to deliver impactful and memorable events.

As the moderator for this colloquium, Sophia will bring her exceptional skills to ensure a smooth and engaging discussion, guiding the conversation with insight and professionalism.

We are confident that under her moderation, the Virtual Colloquium in honor of General Ibrahim Babangida will be a resounding success.

Hajia Saajida Shiraz

Hajia Saajida Shiraz is a distinguished political scientist and activist with a deep commitment to political advocacy, human rights, and gender equality. She currently serves as the Head of Projects and Research at the African Center for Governance and Economic Management, where she leads initiatives focused on governance, economic development, and policy research across the African continent.

With a robust academic background in political science, Saajida has become an expert in African affairs, offering insightful analysis and strategic recommendations on issues ranging from political stability to economic empowerment. Her expertise is highly sought after in both academic and policy-making circles, making her a leading voice on African governance and development.

In addition to her professional role, Saajida is a passionate activist for social justice and women’s rights. She has been actively involved in advocating for gender equity and the protection of human rights, particularly in marginalized communities. Her activism is complemented by her extensive volunteer work in humanitarian causes, where she has provided critical support in conflict-affected regions.

Saajida’s participation as a speaker at this colloquium will bring a wealth of knowledge and experience, particularly in the areas of governance, human rights, and gender issues in Africa. Her contributions will undoubtedly add depth and perspective to the discussions as we honor the legacy of General Ibrahim Babangida.