Africa Emerging Markets Energy Headlines International

Rush for lithium in Africa reveals dark side of green energy, as it fails citizens, fuels corruption

As China has come to dominate global supply chains for critical raw materials (CRM) over the last two decades, the European Union and the United States have played a catch-up in race for the control of the CRM supplies — with African countries being “caught in the cross-fire”. Faced with China’s lithium mining head-start, the […]

Africa Headlines International

Wars caused 14,300 schools in 24 African countries to shut down- study

Armed conflicts are leaving millions of African children without education as 14,300 schools had to close by June this year due to wars, The Norwegian Refugee Council said. The Shael countries of Burkina Faso, Nigeria, Niger and Chad were among the worst hit along with the DRC and Cameroon. School closure impacted at least 2.8 […]

Africa Emerging Markets Europe Headlines International

Russia on charm offensive in Africa

Russia is holding a conference with African officials in Sochi to strengthen its foothold in a resource-rich continent where global powers vie for influence. Speaking at the event, Putin promised to help African countries with sustainable development and in combating terrorism. The conference is another chance for Russia to downplay the impact of Western sanctions […]

Features Headlines Morocco

Morocco Elected Vice-President of Interpol for Africa

Morocco was elected by a large majority to the vice-presidency of Interpol for Africa for a three-year term during the organization’s executive committee elections. This election attests to Morocco’s efforts to maintain security and stability at regional and international levels and its pioneering role in promoting South-South security cooperation, the Moroccan General Directorate of National […]

Africa Americas Business Columns Emerging Markets Features Headlines International

What US elections could mean for Africa’s trade and investment

The upcoming high-stakes presidential election in the United States will be consequential to every region of the world, not least Africa, as its result will determine the nature of future interactions between this leading global power and African countries, according to experts and observers. While Democratic Vice President Kamala Harris and Republican former President Donald […]

Africa Emerging Markets Finance Headlines International

Bridging the gap: multibillion-dollar FASA fund to finance agri-SMEs in Africa

Norway, South Korea, the United Kingdom, and the United States have officially launched a multi-donor “fund of funds”, known as FASA, whose aim is to address the financing challenges faced by agricultural small and medium-sized enterprises (agri-SMEs) across Africa. Over the next 10 years, the “Financing for Agricultural Small and Medium Enterprises in Africa” Fund, […]

Africa Features Headlines International

UN report reveals widespread job losses across Africa, deepening unemployment crisis

A new United Nations report has unveiled a troubling trend in global unemployment, with African nations bearing a disproportionate burden of job losses between 2018 and 2023. Eight African countries rank among the world’s 22 nations experiencing the most severe unemployment increases, according to the World Social Report 2024. The findings, released by the UN […]

Africa Europe Headlines International

Turkey plans African cooperation expansion at Djibouti ministerial meeting

Turkey’s Foreign Minister will attend a Turkey-Africa ministerial meeting in Djibouti next week, in a bid to strengthen cooperation with the continent. The gathering, scheduled for November 2-3, will host representatives from 14 African countries and evaluate progress since the 2021 conference. Turkey has significantly increased its African presence, with trade growing nearly eight-fold and […]

Algeria Headlines International Morocco

UN 4th Committee: Petitioners slam separatism as a serious threat to peace in Africa

Several international experts and petitioners slammed, before the 4th Committee of the United Nations General Assembly in New York, the “scourge” of separatism which poses “a serious threat to peace and security”, particularly in Africa. Ismail Aboui Bouchane, professor at the University of Rwanda, underlined the “numerous connections between separatism and terrorist organizations” which are, […]

Africa Finance Headlines International

Half World’s 10 least performing currencies are African

Half of the ten least performing currencies in the World are African, said a Bloomberg report, highlighting the risk facing some of the continent’s devalued currencies due to lack of dollar liquidity. Zambian kwacha, the Angolan kwanza, and the Nigerian naira are in the top 3 most fragile African currencies, according to the report. Zambia’s […]