Morocco low-cost housing

USAID shutters after 63 years, leaving Africa at a crossroads

In a landmark shift in U.S. foreign policy, the U.S. Agency for International Development (USAID) officially closed its doors on Tuesday (1 July), with all operations absorbed by the State Department. The decision, driven by President Trump’s executive order and enacted by Secretary of State Marco Rubio, marks the end of a 63-year institution central […]

Algeria doubles down on hostile acts against Niger

Algeria’s military-led diplomacy has opted for escalation with Niger, summoning its ambassador to Algiers to say the complaints about a mistreatment of Sub-Saharan migrants were “unfounded.” Niger had summoned Algeria’s ambassador to denounce the harsh treatment by Algerian authorities of Niger migrants, who have been violently upheld, robbed by Algerian authorities before being abandoned in […]

Rising borrowing costs threaten growth in Africa’s three largest economies

Governments and businesses in Nigeria, Kenya, and South Africa are grappling with sharply rising borrowing costs, a trend that poses serious risks to economic growth across Sub-Saharan Africa, according to a new report by Moody’s Ratings. Over the past five years, debt servicing costs have surged in all three economies due to weak policy frameworks, […]