Thanks for reading and for your interest in Africa. Our content is produced in collaboration between Africa.com’s editorial team and our partners — including non-governmental organizations, private sector stakeholders, agencies, and institutions. For everything from news and culture to technology, business, education, entertainment, and travel, AFRICA.COM is here to help you stay smart about the continent.
The recent G20 foreign ministers’ meeting revealed significant economic divisions, as global economic challenges, including inflation, trade tensions, and the ongoing Ukraine conflict, remain unresolved.… Read More »G20 Foreign Ministers’ Meeting Highlights Economic Divisions Amid Global Tensions
The African Development Bank (AfDB) has officially unveiled five candidates for its upcoming presidential election, scheduled for May 29, 2025. The contenders are: Amadou Hott… Read More »AfDB Announces Five Candidates for Presidential Election
Investors holding Ethiopia’s defaulted $1 billion bond have contested the International Monetary Fund’s (IMF) evaluation of the country’s debt relief needs. They argue that the… Read More »Ethiopian Bondholders Dispute IMF’s Debt Relief Assessment Amid Export Surge
Kenya is set to receive a $1.5 billion loan from the United Arab Emirates (UAE) by the end of next week, according to sources familiar… Read More »UAE’s Loan to Plug Kenya’s Budget Deficit
Finance Minister, Enoch Godongwana, proposed raising the value-added tax (VAT) from 15% to 17% to address a significant budget deficit. This proposal led to a… Read More »South Africa’s VAT Increase Proposal: Balancing Revenue and Economic Impact
Kenya’s tea industry faces potential setbacks following a diplomatic dispute with Sudan. The Sudanese government recalled its ambassador after Kenya hosted a political meeting for… Read More »Kenyan Tea Exports Threatened by Diplomatic Rift with Sudan
Anglo American has reduced the value of its diamond subsidiary, De Beers, by $2.9 billion, marking the second consecutive year of such writedowns. This adjustment… Read More »Anglo American Writes Down De Beers by $2.9 Billion Amid Market Challenges
The African Growth and Opportunity Act (AGOA), granting duty-free access to the U.S. market for eligible African countries, is set to expire on September 30,… Read More »Uncertainty Surrounds AGOA’s Future Amid Trump’s Trade Policies
Kenya’s tax authorities are investigating British American Tobacco Kenya (BAT Kenya) for a $28 million tax discrepancy. The investigation centers on alleged underreporting of taxable… Read More »Nairobi Investigates British American Tobacco Over $28 Million Tax Discrepancy
Africa’s young population faces high unemployment and inflation, stifling economic progress. Despite better education, many struggle to secure stable jobs, forcing them into informal work… Read More »Youth Unemployment and Inflation Stifle Africa’s Economic Growth and Stability