Africa’s middle class powers insurance boom
Africa’s insurance sector is entering a phase of rapid expansion, with the market projected to grow from $98.5 billion in 2025 to over $166 billion by 2034, according to a new report by IMARC Group. A burgeoning middle class and a revolution in digital access are driving this nearly 70% increase. Telecom partnerships have already […]
Brazil’s leader calls out South Africa’s G20 ban
Brazil’s President Luiz Inácio Lula da Silva has sharply criticized Donald Trump over reports that South Africa’s President Cyril Ramaphosa could be excluded from the upcoming G20 summit in Miami. Speaking in Hannover alongside German Chancellor Friedrich Merz, Lula insisted that Ramaphosa “must attend” the summit regardless of US opposition. Tensions between Washington and Pretoria […]
Africa asserts economic agency at World Bank meetings
The recent IMF and World Bank Spring Meetings in Washington delivered a sobering reality—a 23% collapse in global development aid, soaring borrowing costs for African nations, and Western donors cutting funding for the second consecutive year. Against this backdrop, African leaders and investors pushed for partnerships built on equity, rather than dependency. Aliko Dangote, Africa’s […]
