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Startups in Francophone Africa are closing gap with English-speaking “big four” nations

In the past few years, Francophone Africa has made huge strides in creating startups, although the startup market on the continent is still dominated by the “Big Four” English-speaking nations. African startups continue to shatter fundraising records, but the majority of investment inflows go into those operating in English-speaking countries Egypt, Kenya, Nigeria, and South […]

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London to host second edition of UK-Africa investment summit in 2024

The British Foreign ministry announced Thursday the second edition of the UK-Africa investment summit will be held in London in April 2024 as the European country seeks to increase trade with the African continent. The UK Prime Minister Rishi Sunak will host the major UK-Africa conference on 23-24 April 2024, as London tries to flesh […]

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Historic UN ‘oceans treaty’ set to have major benefits for Africa’s struggling fishers

The new legally binding “high seas treaty” to protect marine life in international waters, which cover around half of the planet’s surface, but have long been essentially lawless, will positively affect struggling fishers in Africa and the Global South, according to experts involved in the decade-long negotiations. Conservationists welcomed an agreement over the weekend on […]

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Acute undernutrition among mothers surges in Africa, UNICEF warns

Twelve countries, including Ten in Africa, are hardest hit by the global food and nutrition crisis among adolescent girls and women, UNICEF warned Monday (6 March), calling for all stakeholders to transform food, health and social protection systems for these most vulnerable people. 5.5 million pregnant and breastfeeding adolescent girls and women suffered of acute […]

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Morocco, second largest industrial powerhouse in Africa- AfDB

The African Development Bank AfDB ranked Morocco the second largest industrial country in the African continent with a narrow margin behind South Africa. Moroccan industrial exports accounted for 21% of Africa’s manufactured exports, widening the gaps with North African peers such as Egypt and Tunisia. Morocco has developed in the previous decade the industrial acceleration […]

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Citizenship for sale: Growing demand across Africa for ‘golden visas’ for wealthy

While Europe holds the crown for investment migration programs in 2023, a growing number of African states is joining the fray, looking to attract high-net-worth individuals by offering residence and citizenship through investment programs. Migration investment programs allow people to purchase citizenship or residency in exchange for an investment in a country. African economies looking […]

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Macron’s Africa tour confirms waning French influence

Right after announcing a new French foreign policy in Africa, Emmanuel Macron started an African tour that led him so far to Angola, Gabon and afterwards to DRC, where France was reminded that its patronizing attitude will lead it to lose more friends on the continent. In Kinshasa, President Felix Tshisekedi told Macron in front […]

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Can Africa create half a billion jobs by 2050 to overcome its demographic dilemma?

Since Africa’s population has quadrupled since 1960, and is projected to double again by 2050, experts are pondering a crucial question for the future of the continent: how can enough work be created for the increasing numbers of youth arriving on the continent’s labor markets? Development economists have followed with a great concern that, in […]

Africa International

Security forum in Senegal focuses on preventing violent extremism in Africa

Discussions about the fight against rising violent extremism in Africa, particularly in the Sahel region, are dominating a meeting of security experts in Dakar, Senegal, this week, which is happening against the backdrop of increasing Islamist militant attacks and growing instability. While scores of conferences, forums and training exercises have been held over the past […]

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African companies prefer trading with non-African countries, ignoring local FTAs

African exports to other continents surpass the continent’s intercontinental trade, the United Nations Conference on Trade and Development (UNCTAD) has found, with Africans preferring import tariffs provided by the United States, European Union, Canada, and Japan (the “Quad nations”). Despite growing calls for increased intraregional trade, companies in Africa are taking advantage of preferential trade […]