Influencers reshape news consumption across Africa
Across Africa, a new generation of online creators is transforming how young people consume news. In South Africa, Amahle-Imvelo Jaxa gained more than 100,000 followers after posting a viral video about tensions involving South African peacekeepers in the Democratic Republic of the Congo. Similar trends are emerging in Kenya and Nigeria, where creators such as […]
France restores ambassador to Algeria
Paris has reinstated its ambassador to Algiers, Stéphane Romatet, more than one year after he was recalled from the North African country. Romatet arrived in Algeria alongside Deputy Armed Forces Minister Alice Rufo, to attend the country’s commemoration of a 1945 French massacre of Algerian protesters. The move is widely viewed as an attempt to […]
Ramaphosa to challenge Phala Phala panel report
In a major legal setback for South African President Cyril Ramaphosa, the Constitutional Court ruled that Parliament must revive impeachment proceedings linked to the “Farmgate” scandal. While some have called on Ramaphosa to resign over the judgment, the president announced on Monday evening that he has no intention of doing so. Instead, Ramaphosa plans to […]
African leaders demand fairer risk pricing at summit
At the Africa Forward summit in Nairobi, Kenyan President William Ruto and French President Emmanuel Macron are hosting over 30 African delegations and the UN secretary-general to push for a fundamental rethink of how global markets price risk in Africa. Kenya’s foreign minister, Musalia Mudavadi, argued that the continent has long been penalized with higher […]
Dangote targets $50 billion refinery valuation
Aliko Dangote has set a target valuation of $50 billion for his refinery ahead of its debut on the Nigerian Stock Exchange later this year. The billionaire plans to offer up to 10% of the refinery on the exchange, translating to a potential offering size of $5 billion if the target valuation is achieved. The […]
