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Mixed reactions across Africa after Trump’s tariff surge
The Trump administration’s sweeping new tariffs on African exports have triggered a wave of mixed reactions across the continent, as governments, businesses, and civil society grapple with the implications of the United States’ evolving trade posture. Under an executive order signed on July 31, tariffs ranging from 15% to 30% were imposed on 20 African […]
ExxonMobile halts with Sonatrach due to protests
The limbo in Algerian politics is throwing its weight on the oil and gas industry in the country, which represents 95% of the North African country’s revenues. After reports of strikes in some oil and gas field, ExxonMobile halted talks with Algeria’s hydrocarbon giant Sonatrach as protests continue to simmer across the country, Reuters reported. […]
African startups defy global VC funding downturn, with M&A becoming the norm
African venture results have declined in recent quarters, echoing the trends in other startup regions around the world, but with $1.1 billion raised in the first half of 2023, Africa’s startup ecosystem shows resilience in the face of the global venture capital (VC) funding downturn. Despite VC funding slowly retreating from the African market this […]



