G20 Launches GEMs3.0 Framework to Close $4–6 Trillion Emerging Markets Investment Gap and Slash Excess Borrowing Costs
The Institute of Sovereign Investors, the International Chamber of Commerce (ICC), and Africa Investor (Ai) today launched a new Global Fiduciary Efficiency and Cost of Capital Framework at the G20, revealing substantial investment losses arising from legacy emerging-market risk-measurement systems. The analysis shows that the 20-year divergence between emerging-market fundamentals and market-implied risk premia — […]
G20 summit adopts declaration despite US boycott
World leaders at the G20 summit in South Africa adopted a 122-point declaration on global challenges despite the United States’ absence, highlighting the resolve of the first African G20 presidency to assert its influence. South African President Cyril Ramaphosa emphasized the importance of multilateral cooperation, while French President Emmanuel Macron and British Prime Minister Keir Starmer warned […]
Cameroon opposition leader flees to Gambia
Cameroonian opposition leader Issa Tchiroma Bakary has sought temporary refuge in Gambia following a contested election that secured longtime President Paul Biya an eighth term, sparking deadly protests across the country. Gambia has granted Tchiroma refuge on humanitarian grounds to ensure his safety while working with regional partners, including Nigeria, to promote a peaceful resolution. Tchiroma disputes […]
France seeks fresh ties with Gabon
French President Emmanuel Macron has continued his African tour with a significant visit to Gabon, marking his first engagement with the nation’s new leader, General Brice Oligui Nguema. The trip signals a French effort to revitalize its relationship with the continent and move beyond its colonial legacy. During the meeting, President Oligui Nguema expressed sincere gratitude […]
US lifts 15% tariff on Ghanaian cocoa
Ghana has scored a major economic win as the United States lifted the 15% tariff on its cocoa and a wide range of agricultural exports. The reversal, confirmed by Ghana’s Foreign Minister Samuel Okudzeto Ablakwa, is set to boost revenue by around US$60 million annually, benefiting cocoa, cashew, avocado, mango, and other key crops. The decision follows […]
Chad’s oases vanish as sand and heat intensify
In the Kanem province of Chad, the ancient oases that have sustained life for millennia are facing a severe threat from climate change. As one of the world’s hottest countries, Chad is experiencing temperatures that are rising nearly twice the global average. This intensifying heat, coupled with powerful winds, is pushing massive sand dunes ever closer […]
Walmart enters Africa with South Africa store launch
The United Arab Emirates is making a major initiative to accelerate Africa’s digital future with a planned $1 billion investment in artificial intelligence infrastructure. This ambitious initiative aims to bridge the technological gap by providing African nations with crucial access to AI computing power and technical expertise. The goal is to integrate these advanced technologies into key […]
UAE launches major AI investment across Africa
Walmart has officially launched its first store in South Africa, marking the American giant’s highly anticipated debut on the African continent. The grand opening in Roodepoort saw eager shoppers lining up for hours, drawn by the promise of “Everyday Low Prices” and exclusive access to international products like Drew Barrymore’s air fryers and Labubu dolls. This […]
Burhan rejects Quad ceasefire plan
Sudan’s army chief, Abdel Fattah al-Burhan, has publicly rejected a recent ceasefire proposal, labeling it the “worst yet.” He declared the plan, presented by a group of mediators known as the Quad, utterly unacceptable to his government. Burhan voiced strong accusations of bias, specifically targeting the United Arab Emirates’ membership in the mediating group, which also […]
AI joins hunt to save Africa’s most elusive big cat
Africa’s elusive golden cat is so rare that scientists long struggled to confirm its numbers, but new technology is finally changing that. After Mwezi Mugerwa first spotted the mysterious feline on a camera trap, he launched a continent-wide effort to study the species, founding the African Golden Cat Conservation Alliance. With support from AI tools that […]
