April 06, 2023
Nigeria: Nigeria Secures $800 Million Ahead of Fuel Subsidy Removal
Nigeria has secured an $800 million relief package from the World Bank to help cushion the impact of a plan to remove in June a long-held fuel subsidy. Read more »
Africa: Report - China Helped With Africa Pandemic Debt Relief
A new report by researchers from Johns Hopkins University is giving China better than expected marks for its performance in helping to restructure the crippling debt loads carried… Read more »
Zimbabwe: Govt Freezes Assets of Four Who Aided Gold Smuggling, Money Laundering
Zimbabwe's central bank has frozen the assets of four individuals who said they assisted a long-running gold smuggling and money laundering ring. Read more »
March 31, 2023
Cameroon: Cameroon, Gabon, Equatorial Guinea Traders Say Marburg Travel Restrictions Suffocate Trade
Hundreds of merchants gathered Friday in Kye Ossi, a Cameroonian town on the border with Gabon and Equatorial Guinea, to protest travel restrictions imposed since an outbreak of… Read more »
March 30, 2023
Kenya: Hundreds of Companies Take Part in Nairobi Business Conference
More than 700 delegates and 300 companies participated in the third edition of the American Chamber of Commerce summit in the Kenyan capital, Nairobi, organizers said. U.S.… Read more »
March 29, 2023
Africa: U.S. VP Harris to Announce U.S.$1 Billion in Funding for Women's Economic Empowerment
U.S. Vice President Kamala Harris is set to announce Wednesday $1 billion in public and private financing for programs focused on economic empowerment of women as she wraps up a… Read more »
March 28, 2023
Botswana: Govt, Belgian Diamond Trader Strike Deal
The government of Botswana said Monday it will buy a 24% stake in Belgian diamond company HB Antwerp. The deal comes amid uncertainty over Botswana's long-standing sales agreement… Read more »
March 17, 2023
Central Africa: Central African Nations Vow to Reduce Imports to Spur Job Creation
Leaders of Central African states meeting Friday in Cameroon announced reductions and bans on some imports to encourage local production and create jobs. Read more »
March 16, 2023
Central Africa: Central Africa Calls for Investments to Counter Impact of Russia's War
Central African economy ministers are calling for investing in energy and farming as Africa's poorest region struggles to recover from natural disasters, armed conflicts, and… Read more »
March 13, 2023
Botswana: Botswana, Zimbabwe to Discuss Eliminating Use of Passports
The presidents of Botswana and Zimbabwe are to discuss scrapping passport requirements between their countries to allow for the easier flow of people and goods. Read more »
March 11, 2023
Africa: China's 'Digital Silk Road' in Africa Raises Questions
A group of U.S. lawmakers recently drafted a resolution criticizing South Africa's government for its close relations with Beijing, including its use of Chinese technology, and… Read more »
March 08, 2023
Cameroon: Women Protest High Cost of Living
Thousands of women in Cameroon took to the streets on Wednesday, International Women's Day, to protest the high cost of living. The government blames soaring food and energy prices… Read more »
March 06, 2023
Egypt: As Parts of Economy Face Crisis, Others Appear More Resilient
As the Egyptian economy struggles against negative headwinds from many directions, some sectors appear to be performing well. Read more »
February 20, 2023
Africa: DR Congo, Zambia Vow to Resolve Customs Delays for Trucks Hauling Copper, Cobalt
The presidents of the Democratic Republic of Congo and Zambia have vowed to resolve customs delays for trucks transporting copper from the two top producers in Africa. The growing… Read more »
Kenya: BBC Uncovers Sexual Abuse On Tea Plantations
The BBC said Monday it has uncovered evidence of sexual exploitation on Kenyan tea plantations that supply some of Britain's most popular brands. Read more »
February 18, 2023
Africa: UN Secretary-General Guterres Advocates More Debt Relief for Africa
United Nations Secretary-General Antonio Guterres said Saturday that African countries are being denied needed debt relief, noting that because of a lack of financial support, the… Read more »
February 16, 2023
Africa: U.S. Foreign Aid Agency Continues to Invest in Africa
Branching out from the usual bilateral agreements between the United States and individual nations, the Millennium Challenge Corporation (MCC) recently crafted a new type of grant… Read more »
February 14, 2023
Botswana: Longtime Diamond Deal With De Beers Under Threat
Botswana's president, Mokgweetsi Masisi, is threatening to walk away from a diamond mining deal with industry giant De Beers unless the firm offers better terms. Under the current… Read more »
February 13, 2023
Africa: Businesswomen Call for Dialogue on Border Harassment
African women and girls are discussing the harassment and discrimination challenges they face trying to conduct cross-border business under the African Continental Free Trade… Read more »
February 10, 2023
Africa: U.S., China Compete for Africa's Rare Earth Minerals
South Africa hosted the world's biggest mining investment conference this week, with industry experts in attendance saying the U.S. and China are in a race for the critical… Read more »
February 07, 2023
South Africa: President Admits Power Crisis Is Hurting Mining
South African President Cyril Ramaphosa says the county's electricity crisis has severely damaged its mining industry, a key pillar of the economy. Ramaphosa made the comment while… Read more »
February 06, 2023
South Africa: Italy Joins US-Led Partnership for Ethical Mining, Indaba Hears
Italy has become the latest country to join the U.S.-led Mineral Security Partnership that promotes ethical mining. The U.S. Undersecretary of State for Economic Growth, Energy,… Read more »
February 04, 2023
Nigeria: Authorities Call for Calm As Citizens Protest Cash, Fuel Shortages
Nigerian Central Bank authorities are calling for calm as citizens march in the streets protesting cash and fuel shortages days ahead of the February 10 deadline when the country… Read more »
February 02, 2023
Africa: Chinese Overseas Investments at 13-Year Low - New Study
Recent visits to Africa by U.S. Ambassador to the U.N. Linda Thomas-Greenfield and U.S. Treasury Secretary Janet Yellen came as a new study found China's overseas investments in… Read more »
Central Africa: Central African States Fail to Honor Timber Export Ban
Officials say most member states in the Central African Economic and Monetary Community, CEMAC, have failed to honor a ban on raw timber exports that was enacted last year to… Read more »