Ethiopia lands billions in deals at investment conference
Ethiopia has secured about $13 billion in investment commitments following a major conference in Addis Ababa designed to draw capital into key sectors of the economy. The deals span manufacturing, agriculture, energy, construction, and agro-processing. Among the projects is a $150 million plan by Sun King to expand off-grid solar access for homes and businesses, […]
Egypt orders early closures as energy crisis deepens
Facing skyrocketing energy costs tied to the Strait of Hormuz blockade, Egypt has ordered shops, restaurants, and cafes to shut down by 9:00 p.m. for the next month. The government is also dimming streetlights, rolling out weekly remote work, and scaling back state projects to ease the strain. With its fuel import bill more than […]
How warming temperatures will hit Africa hardest
A new analysis from Climate Impact Lab warns that climate change could sharply increase heat-related deaths across Africa by 2050. The study projects that at least 26 countries will see higher temperature-linked mortality compared with the 2001–2010 average, highlighting growing health risks tied to rising global temperatures. Burkina Faso, Mauritania, and Niger face projected death […]
South Africa’s non-aligned diplomacy faces pressure
South Africa’s calls for negotiations in the Russia-Ukraine war and its case against Israel at the International Court of Justice have drawn criticism from Western partners, who view its stance as inconsistent. However, researchers argue it is in line with the country’s recent history. Since apartheid ended in 1994, South Africa has built a foreign […]
Nigeria sends cultural archives to Arctic vault
Nigeria has become the first African nation to deposit cultural archives in the Arctic World Archive, a former coal mine deep beneath Svalbard’s permafrost designed to preserve data for up to 2,000 years. The collection, drawn from 12 Nigerian organizations, spans Indigenous community histories, precolonial manuscripts, art records, and creative industry reports. The initiative addresses […]
Morocco’s Tangier gains from global shipping detours
The Port of Tangier in northern Morocco is preparing for a surge in shipping as regional tensions reshape global trade routes. With instability affecting key waterways such as the Bab el-Mandeb Strait and the Suez Canal, major carriers including Maersk, Hapag-Lloyd, and CMA CGM are diverting vessels around Africa via the Cape of Good Hope. […]
How fintech can supercharge remittances
Remittances from the African diaspora remain a financial lifeline, but experts say they could do far more to drive long-term growth if better integrated into the continent’s financial systems. In 2024, about $100 billion flowed into Sub-Saharan Africa through formal channels, with Nigeria alone receiving roughly $21 billion—around 10% of its GDP. Industry leaders gathered […]
Nigeria’s capital inflows surge 90% on high yields
Nigeria saw capital inflows soar nearly 90% in 2025, reaching $23.22 billion as foreign investors returned to chase high bond yields following recent economic reforms. Portfolio investment led the charge, accounting for roughly 85% of total inflows. Investors flooded into high-yielding money market instruments and bonds, with bond inflows jumping nearly fivefold. The United Kingdom […]
Egypt’s Sisi urges Trump to end Iran war
Egyptian President Abdel-Fattah El-Sisi made a direct appeal to US President Donald Trump, urging him to use his influence to end the Iran war and stabilize a region reeling from soaring energy costs. Speaking at a Cairo conference, Sisi credited Trump with brokering last year’s Gaza ceasefire and insisted he alone holds the key to […]
