Africa Business Emerging Markets Features Headlines International

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 […]

Africa Community Europe Headlines International

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” […]

Africa Business Emerging Markets Headlines International

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 […]

Africa Features Headlines International

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 […]

Africa Emerging Markets Headlines International Morocco

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 […]

Africa Asia Business Emerging Markets Finance Headlines International

UAE, first investor in Africa

The UAE companies topped the list of investors in the African continent, pledging projects worth 110 billion dollars between 2019 and 2023, the Financial Times reported. Most of the investments, or 72 billion dollars, went to renewable energy projects, FT said. These investments outweighed those announced by UK, France or China. UAE companies also have […]

Business Finance Headlines

Africa’s diaspora remittances to grow 5,4% in 2024, market set to reach $500bn by 2035

Remittances to Africa and the Middle East, which play a pivotal role in many regional economies, significantly contributing to their GDP, are estimated to have increased 5.4% in 2024, primarily due to rebounded flows to Egypt, after a 14.6% decline in 2023. In 2024, remittance flows to low- and middle-income countries are expected to reach […]

Africa Emerging Markets Headlines International

Africa’s digital development needs boost from AfCFTA, import duties cuts — World Bank

African countries face higher tariffs and tend to import relatively low-quality digital goods compared to other regions, especially in low-income nations, a recent research by World Bank economists has found. Despite relying heavily on imports, tariffs that African countries impose on imported digital goods are about three times higher than other regions, the research has […]

Africa Headlines International

Africa: 150 million people driven into poverty by high healthcare bills — WHO report

Most African countries continue to rely heavily on out-of-pocket payments to fund their health services, warns a new report by the World Health Organization (WHO) Regional office for Africa, urging governments to reduce the financial strains that high health-care costs place on their population. The report, released on Universal Health Coverage Day, found that over […]

Africa Business Emerging Markets Energy Headlines International

Africa’s food imports projected to increase sevenfold to $110bn by 2025 — Afreximbank

Many African countries still depend solely on food importation to survive regardless of their large land areas, says a new report by the African Export-Import Bank (Afreximbank) that also reveals that all countries on the continent together spend an average of $50 billion annually importing foods. “The nations of Africa together import approximately $50 billion […]