Africa Emerging Markets Finance Headlines International

Africa’s debt crisis: interest payments on debt soar amid govt’s growing financial strain

As many African countries are struggling to service their debts, a new World Bank report warns that interest payments on long-term debt in sub-Saharan Africa surged nearly seven-fold to $26 billion between 2010 and 2023. The sharp increase came as the region’s foreign borrowing doubled to $864 billion within the same period. Africa’s worsening debt […]

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Morocco’s strategy to fight terrorism in Africa highlighted before UN Security Council

The main pillars of the strategy put in place by Morocco to fight terrorism, particularly in Africa, were highlighted Tuesday before the UN Security Council during a public debate on the fight against terrorism led by Africa. In his address during the debate, Morocco’s Permanent Representative to the UN Omar Hilale outlined the multi-faceted strategy […]

Africa Emerging Markets Headlines International Morocco

Morocco calls on Africans to take control of instruments of their health sovereignty

Morocco has called on Africans to take control of the instruments of their health sovereignty, especially so as the continent has all necessary human resources. The call was launched by Morocco’s Minister of Youth, Culture, and Communication, Mohamed Mehdi Bensaid, at the opening Wednesday in Sale, Rabat’s twin city, of the 8th General Assembly of […]

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India to forge strategic partnership with Africa through support for AfCFTA — experts

As the volume of trade between Africa and India has multiplied in the past 20 to 30 years and India has become the continent’s third largest trading partner after China and the EU, analysts say that the African Free Trade Area (AfCFTA) offers significant opportunities for New Delhi to help the continent realize its vision […]

Africa Emerging Markets Finance Headlines International

UN report sees better prospects for African growth in 2025

The UN Department of Economics and Social Affairs predicts an improvement of overall African growth in 2025 to 3.7% from 3.4$, despite global stagnation. “Economic growth in Africa is projected to strengthen… driven by recovery in the region’s largest economies,” the report says. However, “Central Africa lags behind due to stagnating oil production and political […]

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2025 a ‘critical juncture’ for Africa amid numerous challenges — Brookings report

2025 will be a critical juncture for Africa’s trajectory, with new political leadership in both the African Union and the United States, which will coincide with a number of challenges, including the urgent need for the implementation of the AfCFTA, modernization and renewal of the AGOA, all of this happening amid the escalating climate crisis […]

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Belgian court landmark ruling on colonial-era atrocities in Africa paves way for wider justice

The Belgian court’s landmark verdict of crimes against humanity for kidnapping of mixed-race children is hailed as a turning point that “surely opens the door” to those seeking financial compensation for forced separation from their parents and other colonial-era injustices. In a landmark ruling in December, Belgium’s court of appeal decided that the “systematic kidnapping” […]

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AU agriculture summit in Uganda to advance new strategy for Africa’s food self-sufficiency

Africa’s agriculture ministers are meeting in Uganda this week to discuss sustainable agriculture and food production systems in light of the climate change, which comes amid warnings that climate crisis is pushing temperatures to levels never experienced by modern humans. The extraordinary African Union (AU) summit on agriculture opened in Uganda’s capital Kampala on Thursday […]

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With Africa’s ‘France Out’ campaign gaining momentum, Paris’s influence set to erode further — experts

France faces a significant challenge to its influence in West and Central Africa as Chad, Senegal and most recently also Ivory Coast have announced the end to traditional military cooperation with their former colonial master, experts say, adding that this would unravel France’s remaining logistics and military footprint in the region. In recent months, six […]

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Football: Official dates of the 2025 competition calendar in Africa

The year 2025 is shaping up to be a dynamic one for African football, with a packed schedule of tournaments and events. The action kicks off on January 27 in Rabat, Morocco, with the draw for the Africa Cup of Nations (CAN), where the 24 qualified teams will learn their group-stage opponents. In February, the […]