Africa Business Features Finance Headlines International

AfDB’s stormy forecast: 21 African currencies set to weaken against U.S. dollar in 2025

A new report from the African Development Bank (AfDB) warns that 21 out of 54 African currencies are projected to depreciate against the U.S. dollar in 2025, highlighting continued economic vulnerability across the continent. Major economies like Nigeria, Egypt, Ethiopia, and Ghana are expected to see currency losses of 6% or more, driven by declining […]

Africa Headlines International Morocco

Morocco-Ghana’s shared determination to enhance cooperation ties deals blow to Algerian regime

A high-level parliamentary delegation from Ghana is visiting Morocco to foster parliamentary cooperation ties with the Kingdom and look into ways of boosting trade exchanges and partnership in agriculture, air transportation, education, employment, and sustainable development. Led by Chairperson of the foreign Affairs Committee Alfred Okoe Vanderpuije, the delegation held on Monday in Rabat separate […]

Africa Features Headlines International

Africa mourns Pope Francis, celebrates his legacy — and eyes the future

As Africa mourns the death of Pope Francis, worshippers and leaders across the continent are reflecting on the profound legacy he leaves behind — and speculating about the future leadership of the Catholic Church. Pope Francis, who died Monday (21 April), is remembered for his unwavering advocacy for the poor, peace in conflict zones, and […]

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Ghana’s President Expresses Regret Over Mali, Burkina Faso, and Niger’s ECOWAS Withdrawal

President of Ghana, John Mahama has expressed on April 22 disappointment at the decision by Mali, Burkina Faso, and Niger to withdraw from the Economic Community of West African States (ECOWAS), calling the move “regrettable.” Speaking at the launch of ECOWAS’s 50th anniversary celebrations in Accra on Tuesday, Mahama emphasized that diplomacy should focus on […]

Africa Business Emerging Markets Headlines International

Ghana orders foreigners to exit its gold market as part of reform

Ghana has ordered all foreigners to exit trading in its gold market, as part of a new legislation that aims to streamline and formalize gold trade in the country, ensuring that Ghana benefits fully from its gold resources. The Ghana Gold Board (GoldBod) now holds exclusive control over the buying, selling, assaying, and export of […]

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As Africa’s debt crisis threatens progress, experts urge bold, homegrown solutions

Africa’s mounting debt burden — now standing at 64.3% of the continent’s GDP — is choking vital investments in health, education, and infrastructure, warns the United Nations Economic Commission for Africa (UNECA). Speaking at a recent Africa Regional Forum on Sustainable Development, UNECA executive secretary Claver Gatete painted a sobering picture: out of 144 Sustainable […]

Africa Features Headlines International

Militants escalate violence in Sahel, threatening coastal West African nations, warns report

Militant Islamist violence continues to escalate in the Sahel, shifting southward and westward to increasingly threaten security of coastal West African nations, according to a new report by Africa Center for Strategic Studies (ACSS). Countries like Mali, Burkina Faso, and Niger remain at the epicenter of this violent surge, with fatalities and militant activity hitting […]

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French billionaire faces fraud allegations over African port deals

French billionaire Vincent Bolloré is facing fresh fraud allegations from a coalition of African groups, accusing him and his family of benefiting from illegal port concessions across several African nations. The complaint, filed with the French National Financial Prosecutor’s Office (PNF) on Wednesday (19 March), targets Bolloré SE and its former logistics arm, Bolloré Africa […]

Africa Features Headlines International

Ghana, Burkina Faso leaders meet in bid to strengthen ties amid ‘breakdown of trust’ in ECOWAS

Ghanaian President John Dramani Mahama has met with Burkina Faso’s interim leader, Captain Ibrahim Traoré, in high-level talks aimed at enhancing regional stability and fostering deeper economic partnerships. The discussions, held in Ouagadougou on Monday (10 March), covered a range of issues, with a particular emphasis on improving relations with the Economic Community of West […]

Americas Features Headlines International

Canada unveils first Global Africa Strategy focusing on shared prosperity, security

Canada has launched its inaugural Africa Strategy, a comprehensive policy aimed at enhancing economic cooperation, security, and shared prosperity between Canada and African nations. Developed through extensive consultations over two years, the strategy, launched on 6 March, seeks to strengthen trade, promote peace, and foster sustainable development, particularly through youth empowerment and infrastructure development. The […]