Patrice Motsepe Adds $200M to His Fortune in May
Africa’s first black billionaire, Patrice Motsepe, grew his fortune by $200 million in May, reaching a net worth of $3.2 billion. The uptick is tied to the solid performance of his mining firm, African Rainbow Minerals, which posted a 2% stock gain in May and a 5.37% rise year-to-date. The company remains popular among investors and […]
South Africa’s Farm Exports Hit $3.36B as US Tariff Deadline Looms
South Africa’s farm exports jumped 10% year-on-year in Q1 2025, reaching $3.36 billion, thanks to smoother port operations and a 14% surge in shipments to the US. However, a looming 30% US tariff, set to kick in by July, could jeopardize this momentum. Agricultural economist Wandile Sihlobo has warned that securing favorable US trade terms is […]
Nigeria Imports Danish Cows to Double Milk Production
In an ambitious effort to slash its $1.5 billion annual dairy import bill, Nigeria is importing high-yield dairy cows from Denmark to double milk production within five years. Despite having over 20 million cattle, the West African country mostly has traditional pastoralist breeds that produce little milk. As a result, it has to import milk to meet […]
Rwanda Closes In on Migrant Deal with US
The US is reportedly in talks with Rwanda to finalize a migrant transfer deal, echoing the UK’s controversial—and now defunct—Rwanda deportation scheme. With overcrowded detention centers and rising costs, Washington is exploring offshore options to ease domestic pressure. Reports indicate the US has already transferred at least one individual to Rwanda, signaling a trial phase of the […]
World Boxing Apologizes After Naming Khelif in Gender Policy Rollout
World Boxing has issued an apology to Algeria’s boxing federation after publicly naming Olympic champion Imane Khelif in its announcement of a new genetic sex testing policy. The policy mandates chromosome testing for athletes over 18 to determine sex eligibility, sparking renewed controversy over gender verification in sports. However, World Boxing’s decision to name Khelif in the […]
African Governments See Opportunity in Surging Gold Prices
African governments are seeing opportunity in the gold sector as the metal’s prices soar to record highs, driven by global investor uncertainty and US trade tensions. With gold currently trading at over $3,344 an ounce and forecasts predicting it could surpass $4,000 by mid-2026, countries across the continent are pursuing different strategies to capitalize on the surge. […]
Kenya to Reclaim Health Data After Trump Administration’s USAID Cuts
Kenya is set to relocate vital health data systems from US-based servers to local infrastructure following funding cuts by the Trump administration to USAID. These digital systems—essential for tracking diseases, administering treatments, manufacturing vaccines, and managing public health—were built with US support and underpin much of Kenya’s healthcare delivery. However, the USAID cuts have caused disruptions, including […]
Africa’s Hospitality Sector Projected to Hit $33.54 Billion by 2029
Africa’s hospitality sector is booming, with projections placing its value at $33.54 billion by 2029, thanks to rising “bleisure” (a blend of business and leisure) travel, improved global connectivity, and demand for upscale stays. Hotels are at the forefront of this growth and, by themselves, are expected to hit $15 billion in market value. At the […]
How Africa Can Use International Law to Win the Climate Battle
Africa is the continent most vulnerable to climate change, yet least responsible for it. Despite this, it has yet to fully leverage climate litigation to demand justice. While entities in nations like Germany and the Netherlands have won landmark climate cases, African efforts remain limited due to weak legal frameworks, resource constraints, and reliance on polluting […]
Africa’s Overlooked Emergencies: Why the World Keeps Looking Away
Despite housing some of the world’s worst humanitarian emergencies, African nations continue to be overlooked by the global community, according to a 2024 report by the Norwegian Refugee Council. African nations made up eight of the 10 most invisible countries out of the 34 analyzed. These crises, driven by conflict, climate disasters, and political instability, receive […]
