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As global trade undergoes dramatic shifts fuelled by rising tensions between major economies, the effects are reverberating through supply chains, sourcing strategies, and economic partnerships. The ongoing tariff disputes, particularly between the United States and China, which have led to duties as high as 145%, are forcing manufacturers and buyers worldwide to rethink their sourcing […]
...As global trade faces turbulence from Trump’s tariffs and China scales back its investments in Africa, Europe is positioning itself as a reliable long-term partner for the continent. Speaking at the EU-Kenya Business Forum, European Investment Bank (EIB) Vice President Thomas Ostros said Europe offers partnerships on equal footing to Africa amid growing global uncertainty. Ostros warned […]
...While many global giants retreat from Nigeria’s turbulent economy, French food conglomerate Danone is ramping up its investments in the country. At the Africa CEO Forum in Abidjan, Danone’s regional head, Christian Stammkoetter, reaffirmed the company’s belief in Nigeria’s long-term potential, bucking the trend set by firms like GSK, Unilever, and Procter & Gamble, which exited the […]
...Ethiopia has secured over $1.7 billion in new investments for its minerals and energy sectors, with Chinese firms leading the charge. Announced at a two-day investment forum in Addis Ababa, the deals include a $500 million commitment from Hua Ye Mining for exploration and a mineral-focused special economic zone. Sequoia Mining & Processing will pour $600 […]
...Guinea’s Prime Minister Amadou Oury Bah has announced that long-awaited general and presidential elections will take place in December, marking a potential end to military rule. Speaking at the Africa CEO Forum in Abidjan, he also confirmed a constitutional referendum set for 21 September 2024—a key step in restoring democratic governance. The announcement follows the 2021 coup […]
...In Uganda’s Budongo Forest, wild chimpanzees have been caught on camera using medicinal plants to treat wounds—both their own and others’. Oxford researchers, working with local scientists, observed chimps chewing and applying healing leaves to injuries and even tending to unrelated animals. This builds on earlier findings that chimps eat certain plants to self-medicate. Tests revealed […]
...Cabo Verde has launched TechPark CV, a $50 million project backed by the African Development Bank, to position itself as a rising star in the digital economy. Aiming to create 1,500 high-value jobs across Santiago and São Vicente, the park includes a data center, a startup incubator, and training facilities. Secretary of State Pedro Lopes […]
...France and Algeria are locked in a fresh diplomatic standoff after Algiers expelled 15 French officials, prompting Paris to retaliate by expelling Algerians with diplomatic passports but no visas. France’s foreign ministry summoned Algeria’s chargé d’affaires to inform him of the decision and warned of further measures depending on how the situation evolves. The once-colonial relationship has […]
...Mali’s military junta has officially dissolved all political parties and banned political gatherings in a sweeping crackdown on opposition forces. The decree, read on national television, follows the earlier suspension of all political party activities. The move is based on the recommendation of a recent national assembly that also proposed extending junta leader Assimi Goïta’s rule without […]
...In an unexpected diplomatic move, Taliban and Burkina Faso envoys met in Tehran to lay the groundwork for collaborating on trade, mining, agriculture, and vocational training. The meeting between Taliban acting ambassador to Iran Maulvi Fazl Mohammad Haqqani and his Burkina Faso counterpart Mohammad Kabura signals both governments’ growing interest in forging unconventional alliances. According to a […]
...Africa is experiencing a population explosion, with countries in the Sahel, like Niger, Chad, and Mali leading the charge despite harsh climates and conflict. Improved healthcare has drastically cut infant mortality, and longer life expectancy is contributing to surging numbers, set to double by 2050. While this growth offers the promise of a powerful workforce […]
...As the 2025 Veuve Clicquot Bold Woman Award adjudication process begins, the esteemed jury prepares to evaluate an inspiring cohort of candidates, each embodying the boldness and innovation that define this prestigious accolade. True to the pioneering spirit of Madame Clicquot, the award has, for over 50 years, honoured remarkable female entrepreneurs who drive change […]
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