South Africa Raises Interest Rates
South Africa is increasingly using industrial clusters to move beyond exporting raw minerals and toward higher-value manufacturing, clean technology production, and advanced industrialization. Backed by partnerships involving the World Economic Forum, the United Nations Industrial Development Organization, and local research institutions, the strategy focuses on creating specialized manufacturing hubs that combine infrastructure, skills, logistics, and […]
Nigeria’s Tinubu Defends Painful Economic Reforms
Lesotho has become a striking example of how smaller African economies are navigating growing geopolitical pressure from the United States under President Donald Trump’s administration. A controversial new agreement between Washington and Maseru—reportedly tied to health funding, trade access, and broader strategic cooperation—has sparked criticism over transparency, sovereignty, and unequal negotiating power. Civil society groups […]
Kenya Overtakes Nigeria as Africa’s Venture Capital Leader
Africa’s long-term economic growth may depend less on advanced technology and more on whether children master basic literacy, numeracy, and problem-solving skills early in life. Policymakers, educators, and business leaders increasingly warn that weak foundational learning is undermining the continent’s ability to prepare young people for an AI-driven global economy. While Africa has the world’s […]
South Africa, Nigeria, Kenya Dominate Outsourcing Growth
Digital Africa has launched a $57 million seed fund aimed at supporting startups in African markets that have historically attracted limited venture capital funding. The initiative will focus on early-stage technology businesses operating outside the continent’s dominant investment hubs. Backed by French development financing, the fund seeks to improve access to capital for founders building […]
Ghana’s Tema Refinery Restarts Operations
Nigeria has begun reviewing its telecommunications policy, first introduced in 2000, in a move aimed at modernizing the country’s digital economy and improving broadband access, infrastructure protection, and service quality. Proposed reforms include new frameworks for satellite internet, expanded broadband targets, streamlined right-of-way approvals, and stronger protections for critical telecom infrastructure frequently damaged by vandalism. […]
AfDB Warns Middle East Conflict Will Slow Africa’s Growth
The African Development Bank has cautioned that the Middle East conflict is weighing heavily on Africa’s economic trajectory in its 2026 African Economic Outlook report. The bank projects real GDP per capita growth will dip to 1.9% in 2026, down from 2.1% in 2025, before recovering to 2.2% in 2027—still well below the 3.5% threshold […]
Kenya Approves US Ebola Quarantine Facility
Kenya has granted the United States written authorization to establish an Ebola quarantine facility at an air force base in Laikipia, central Kenya, intended to house Americans exposed to the virus in the Democratic Republic of Congo. The facility will be staffed by the US Public Health Service. Kenya had initially pushed for the site […]
Report Highlights Ghana’s Success With Chinese Energy Projects
A new report by the Energy for Growth Hub says African countries can secure better outcomes from Chinese-backed power projects by following Ghana’s approach to infrastructure development. The Washington-based think tank found that Ghana successfully delivered five Chinese-supported solar, hydro, and gas projects between 2013 and 2020 with fewer delays, lower costs, and stronger quality […]
South Africa’s Agricultural Exports Surge
South Africa’s agricultural exports rose 11% year-on-year in the first quarter of 2026, reaching $3.7 billion despite persistent logistical bottlenecks and global trade uncertainty. Data from the Agricultural Business Chamber of South Africa showed strong international demand for products including grapes, apples, pears, maize, wine, sugar, avocados, and fruit juices. Africa remained the country’s largest […]
Dangote Refinery Becomes World’s Largest Jet Fuel Exporter
Dangote Refinery became the world’s largest jet fuel exporter in April after disruptions linked to the Middle East conflict reshaped global aviation fuel supply routes. According to S&P Global Energy, the Nigerian refinery increased production under what executives described as “max jet mode,” allowing it to capitalize on shortages created by the conflict. The 650,000-barrel-per-day […]
