Celebrating Africa’s Heritage and Diaspora Influence: A Private Screening and Discussion of Amazing Grace: YorubaWorlds at The Africa Center
Africa and its diaspora took center stage in New York City during the United Nations General Assembly (UNGA80) as Culturally Bound and SpiralH presented Amazing Grace: YorubaWorlds, powered by the Afreximbank’s Global Africa Gateway at The Africa Center. Hosted by the Future Africa Forum 2025, the private screening and discussion formed part of a global […]
New Satirical Drama Nya Uriri (Pek Chi Liel) – The Widow’s Burden Sparks Conversations On Widowhood And Inheritance In African Culture
A bold new short film series, Nya Uriri (Pek Chi Liel) – The Widow’s Burden, has been released and is already generating a buzz across Kenyan social media. Blending satire, humor, and hard-hitting truths, the project tackles the controversial subject of widow inheritance and women’s economic empowerment in African culture. The story unfolds during the funeral […]
Africa’s Market Boom: Reform and Global Shifts Fuel Stock Surge
African stock markets are capturing the global spotlight with a spectacular rally, with several now ranking among the world’s top performers. Ghana tops the list of best-performing markets in dollar terms this year, followed by Zambia, while Nigeria, Kenya, and South Africa also show strong gains. This impressive performance is driven by a powerful combination of […]
Nigeria’s Mining Sector Poised to Power Economic Diversification
Nigeria is turning the spotlight on its mining sector as part of a broader effort to diversify its economy beyond oil. Between January and August 2025, the nation’s non-oil revenue surged 40.5%, reaching $13.8 billion, highlighting the potential of non-oil sectors, especially solid minerals. Despite vast deposits of gold, limestone, coal, and bitumen, structural bottlenecks, poor […]
Senegal Eyes Second Oil Refinery to Achieve Energy Self-Sufficiency
Senegal plans to begin construction of a second oil refinery next year, aiming to boost domestic processing capacity and reduce reliance on imports. The nation is actively seeking between $2 billion and $5 billion in investment for the project, with significant financing interest already shown by countries including China, Turkey, and South Korea. The new plant, dubbed […]
BMW Calls for Brussels-Pretoria Partnership to Boost South Africa’s EV Industry
The CEO of BMW South Africa, Peter van Binsbergen, is championing a collaborative strategy between South Africa and Europe to build a new electric vehicle components supply chain. This proposed alliance aims to reduce the global auto industry’s heavy reliance on China for critical items. As Africa’s largest vehicle manufacturer and an exporter to markets like the […]
Mozambique Clears Path for TotalEnergies’ Mega LNG Project to Resume
A major resurgence is on the horizon for Mozambique’s energy sector, as the government announces that TotalEnergies is ready to restart its monumental $20 billion liquefied natural gas (LNG) project. This development follows a force majeure declaration in 2021, which paused work due to insurgent attacks in the region. With improved security conditions now met, the path […]
Africa Finance Corporation Secures Record $1.5B Loan for Growth Projects
The Africa Finance Corporation (AFC) has secured a record-breaking $1.5 billion syndicated loan from a consortium of international banks. This substantial capital infusion, which notably exceeded its initial target of $1.3 billion, will be channeled into the organization’s general portfolio to finance crucial infrastructure projects across the continent, such as the Kamoa-Kakula Copper Complex in the Democratic […]
Africa’s Borrowing Costs Remain High as G20 Talks Stall
A crucial opportunity to tackle the high cost of borrowing for African nations is slipping away at the G20. Under South Africa’s presidency, a push for fairer and more transparent credit ratings was a key goal, aiming to challenge the global agencies, such as Moody’s, S&P, and Fitch, which influence the high cost of borrowing for the […]
South Africa’s Eskom Posts First Profit Since 2017
South Africa’s power giant Eskom has turned a corner, reporting its first full-year profit since 2017 after years of financial turmoil. The state-owned utility posted a $928 million gain for the year ending March 2025, a dramatic recovery from the $3.2 billion loss recorded the year before. The turnaround was driven by government debt relief, tariff hikes, […]
