Horst Kohler

AfDB’s stormy forecast: 21 African currencies set to weaken against U.S. dollar in 2025

A new report from the African Development Bank (AfDB) warns that 21 out of 54 African currencies are projected to depreciate against the U.S. dollar in 2025, highlighting continued economic vulnerability across the continent. Major economies like Nigeria, Egypt, Ethiopia, and Ghana are expected to see currency losses of 6% or more, driven by declining […]

Gabon’s president Bongo to compete against 18 rivals in re-election bid

Gabon’s President Ali Bongo Ondimba, whose family has ruled the oil-rich West African state for 55 years and is now favorite for a third term, will face 18 other candidates in next month’s poll, authorities announced Monday (24 July). The 64-year-old, who took over from his father Omar Bongo Ondimba in 2009, officially announced in […]

Africa Pratice Joins Casablanca Finance City

Africa practice, a pan-African strategy and communications consulting firm, has joined Casablanca Finance City, the 1st financial center in Africa, according to the 2018 Global Financial Center Index Set up in 2003, Africa practice advises some of the largest institutions, companies and investors on the continent. It operates from seven African offices and delivers assignments […]