Botswana propelled to world’s top diamonds producer

Botswana has ascended to the rank of the top diamond producer globally, unseating sanctions-hit Russia. Most of Botswana’s diamond found in the Orapa diamond deposit is operated by De Beers, a leading diamond company. Following the G7 sanctions on Russia, De Beers moved its auctions to Botswana to streamline its business operations and facilitate the […]

Resurgent terrorism haunts Algeria’s south

Algeria has for long marketed itself as a country that defeated terrorism as it wishes to attract tourists to its vast and underdeveloped south. But the slaughtering of a Swiss tourist in October and the kidnapping of a Spanish national a few days ago, along with the travel warnings by western countries show the dim […]

Africa to become world’s fastest-growing region, outpacing Asia — report

The African Continental Free Trade Area (AfCFTA) will facilitate economic growth and development on the continent that is projected to become the world’s fastest-growing region, with six out of the ten fastest-growing economies in 2023 being African countries, according to a new report by the Mo Ibrahim Foundation. The AfCFTA presents a huge opportunity for […]