Africa Business Emerging Markets Headlines International

UN Tourism charts new African tourism governance through 2029

African nations have secured strategic leadership positions within UN Tourism’s governance structure during the organization’s 68th Regional Commission for Africa session in Abuja, signaling a shift toward continental sovereignty in tourism development. The appointments include Angola, Kenya, Seychelles, Zambia, and Zimbabwe to the Executive Council for 2025-2029, strengthening Africa’s voice in global tourism policy-making. Zambia […]

Algeria Asia Headlines International

Iran, the evil syndrome corrupting the Middle East and Africa

In an increasingly tense geopolitical context, several international sources are raising the alarm about Algeria’s growing role as a major hub for laundering funds originating from Iran. According to confidential reports, complex networks are using Algerian territory to conceal suspicious financial flows linked to Iran’s nuclear activities and international sanctions targeting Tehran. Algeria, a key […]

Europe Features Headlines International

Russia shifts its Africa strategy amid military pivot and economic setbacks

Russia is intensifying efforts to boost its presence in Africa through expanded military and economic partnerships, even as its actual investments on the continent continue to lag behind lofty geopolitical ambitions. Kremlin spokesman Dmitry Peskov confirmed this week that Russia’s presence in Africa is “growing,” with new emphasis on “sensitive areas such as defense and […]

Africa Asia Energy Finance Headlines International

China’s ‘clean pivot’ sparks new era in African energy investment

Africa’s energy investment landscape is undergoing a dramatic shift as China’s once-dominant role in fossil fuel infrastructure gives way to diversified, cleaner, and more commercially driven models. According to the International Energy Agency (IEA), Chinese development finance for African energy projects has plummeted by over 85% since 2015, contributing to an overall drop in public […]

Africa Headlines International

Outdated borders, grounded dreams: Africa risks losing $80B despite aviation growth

Despite Africa’s burgeoning tech sector and ambitious continental trade plans, outdated border systems and restrictive visa policies are poised to cost the continent an estimated $80 billion in lost economic potential over the next decade. According to a recent report from the International Air Transport Association (IATA), Africa’s aviation growth is being stunted by paper-based […]

Africa Europe Headlines International

UK defense strategy pivots to Africa, deepens security ties with Kenya, Somalia, Nigeria

The United Kingdom is intensifying its defense partnerships with Kenya, Somalia, and Nigeria as part of a renewed strategic focus on African security outlined in its newly released Strategic Defence Review (SDR). The review, adopted by Prime Minister Keir Starmer’s government, identifies the three nations as critical allies in combating global threats and securing vital […]

Africa Business Emerging Markets Headlines International Morocco

Morocco, leading host of data centers in Africa

Morocco hosts currently 23 data centers, becoming the leading host country in Africa, said Global Finance Magazine, affirming that the Kingdom’s desire to secure its data sovereignty has also contributed to the boom of this high-tech & IT business. The North African kingdom has adapted quickly to the digital age. In 2020, the Agency for […]

Energy Features Headlines

Africa’s critical mineral opportunity: from extraction zone into manufacturing and innovation hub

Africa, home to one-third of the world’s critical mineral reserves, stands at a crossroads: remain a source of raw exports or become a central player in the global energy transition. Despite abundant resources — including cobalt, lithium, copper, and rare earth elements — Africa received just 10.4% of global mineral exploration investment in 2024, down […]

Africa Emerging Markets Finance Headlines International

IMF urges African economies to tap into domestic financial markets to reduce reliance on foreign debt

The IMF urged African and other emerging economies to develop domestic financial markets to reduce reliance on volatile external borrowing. In its April 2025 Global Financial Stability Report, the IMF warns that high real interest rates globally have made external financing more expensive and less accessible, especially for frontier markets in Africa. Tunisia was identified […]

Africa Emerging Markets Headlines International

African macroeconomic data credibility: IMF standards vs political realities

The Central African Republic has joined 33 African nations in adopting the Enhanced General Data Dissemination System (e-GDDS), the IMF’s intermediate standard for harmonizing macroeconomic data publication. This move highlights a critical challenge facing African economies: balancing international transparency requirements with local political constraints. The IMF classifies 52 African countries into three statistical tiers. At […]