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Rwanda Secures €95M EU Deal to Lead Africa’s Vaccine and Biotech Revolution

Rwanda’s ambitions to become Africa’s health and biotech hub received a major endorsement this week, as the European Union announced a €95 million ($103 million) investment to bolster the country’s vaccine manufacturing, biotechnology, and economic inclusion efforts. Unveiled in Brussels during the Global Gateway Forum, the funding marks a deepening partnership between the EU and […]

Sudan’s ‘forgotten’ civil war declared world’s ‘worst humanitarian crisis’ — African Union

The ongoing civil war in Sudan, now entering its second year, has led to what the African Union (AU) has called the “worst humanitarian crisis in the world.” The conflict between Sudan’s military government and the paramilitary Rapid Support Forces (RSF) has displaced millions and left hundreds of thousands of children malnourished, with dire shortages […]

The African currency rollercoaster ride: struggling against super-strong US dollar

As the global economy sinks into another period of crisis, African currencies are depreciating against the US dollar and rising import costs are adding to inflationary pressures. With around half of all international trade invoiced in dollars, a stronger greenback hurts consumers across the world — including in Africa — that use dollars to pay […]