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Africa closely watches US midterm results, as Somali-Americans make history in the vote
With control of the United States Congress still undecided a day after the midterm elections, African leaders and political analysts are closely watching for signs of what impact the outcome could have on the continent. African analysts say their biggest concern is how this contentious poll could affect US standing around the world — especially […]
East African economies: conflict, drought and inflation signal tough times ahead
East African economies will decline this year driven due to political instability, unreliable rainfall and reducing agricultural yields, says the latest Macroeconomic Outlook Report for East Africa published by Deloitte, the world’s largest consulting firm. The report that covered Ethiopia, Kenya, Rwanda, Tanzania and Uganda shows that the region’s gross domestic product (GDP) has been […]
Senegal abandons Akon’s futuristic city project
The Senegalese government has officially ditched a land deal with American-Senegalese singer Akon, effectively halting his ambitious plan to build a futuristic, cryptocurrency-powered city dubbed “Akon City.” The project, first announced in 2018, promised a $6 billion “real-life Wakanda”, a high-tech utopia powered by renewable energy and using Akon’s own digital currency, AKoin. The city […]



