Headlines 

Coronavirus could push half a billion people into poverty, Oxfam warns

Nearly half of all jobs in Africa could be lost without urgent action, says charity More than half a billion more people could be pushed into poverty unless urgent action is taken to bail out poor countries affected by the economic fallout from the Covid-19 pandemic, plans to offer debt relief to the worlds poorest countries and whether to increase the funds available to the IMF through the creation of special drawing rights (SDRs), a form of international currency that can be used to help struggling countries. The UN, which…

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Put down that veggie burger. These farmers say their cows can solve the climate crisis

Reitz, South Africa (CNN)Danie Slabbert points toward the cattle that brought his farm back to life. Down the slope ahead of him, 500 black Drakensberger and mottled Nguni cows graze cheek by jowl. “I have become a steward of this land and the cows are the key,” Slabbert says. Mimicking the migration Before settlers arrived with their guns and wagons, this part of what is now South Africa’s Free State province was an immense grassland. More than 30 species of grass anchored the rolling plains; fodder for millions of migrating…

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Odds and Ends 

What we know (and dont) about Goldman Sachs Africa VC investing

Goldman Sachs is investing in African tech companies. The venerable American investment bank and financial services firm has backed startups from Kenya to Nigeria and taken a significant stake in e-commerce venture Jumia, which listed on the NYSE in 2019. Though Goldman declined to comment on its Africa VC activities for this article, the company has spoken to TechCrunch in the past about specific investments. Goldman Sachs is one of the most enviable investment banking shops on Wall Street, generating $36 billion in net revenues in 2019, or roughly $1…

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Ugandan leader Yoweri Museveni begins six-day trek through jungle

Presidents critics decry plan to retrace steps of his guerrilla forces that seized power in 1986 The Ugandan president, Yoweri Museveni, began a six-day march through the jungle on Saturday to retrace the steps of his guerrilla forces when they seized power three decades ago Museveni is one of Africas longest-ruling leaders. He seized power in 1986 after taking part in rebellions to end the rule of Idi Amin and Milton Obote, and is expected to seek a sixth term in office in elections due in 2021. Critics dismissed the…

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