June 12, 2023
Nigeria: President Urges Forbearance As Fuel Subsidy Ends
Nigeria's President Bola Tinubu has told the country that ending a long-standing fuel subsidy was a painful necessity. But the knock-on effects of the move are having a great… Read more »
June 09, 2023
Kenya: Planned Tax Hikes Spark Anger
Kenya wants to raise taxes to help pay off its massive foreign debt. But with Kenyans hard hit by high prices, the government's Finance Bill is proving wildly unpopular among… Read more »
May 28, 2023
South Africa: South Africa Braces for Winter With Severe Power Outages
The country's power provider can't keep up with demand. Some locals blame the government for not fixing this faster. But power mafias, corruption and theft of power makes this… Read more »
May 24, 2023
West Africa: IMF Approves U.S.$3.5 Billion Loan for Cote d'Ivoire
The West African nation has been under financial strain stemming from the rolling impact of the pandemic, the war in Ukraine, and a range of other global economic trends. Read more »
May 19, 2023
Nigeria: Nigeria Needs $12 Billion to Clean Up Oil Spills
A new report says oil giants Shell and Eni should foot a $12-billion bill to clean up a spills in Bayelsa state -- but they have denied wrongdoing. Instead, Shell and Eni say… Read more »
Nigeria: Nigeria Tussles With Shell and Eni Over Oil Spill
A new report says the oil giants should foot a $12-billion bill to clean up a spill in Nigeria's Bayelsa state -- but they have denied wrongdoing. Instead, Shell and Eni say… Read more »
May 06, 2023
Africa: Germany's Scholz Urges More Cooperation During Africa Trip
Wrapping up his trip to Kenya and Ethiopia, German Chancellor Olaf Scholz stressed the need for more cooperation, ranging from climate and energy policies to migration of skilled… Read more »
May 05, 2023
Mozambique: Is Mozambique Ready to Restart Its LNG Projects?
Mozambique's president says the security situation in jihadist-plagued Cabo Delgado has returned to normal and that energy giant TotalEnergies can restart its lucrative gas… Read more »
April 26, 2023
Sudan: Russia's Wagner Group and the Grab for Power and Gold
Russian mercenaries appear to be working closely with the military junta in Sudan. Billions of dollars have allegedly been circumvented in exchange for political and military… Read more »
April 24, 2023
Senegal: Women Risk Health and Safety to Find Gold in Senegal
Bantako, a small Senegalese village, discovered gold in 2008. Many women travel from neighboring countries to work there, but often find themselves victims of sexual exploitation… Read more »
April 17, 2023
Kenya: Millions Indebted to Mobile App Lenders
Loans through mobile apps have skyrocketed in Kenya. While this fintech industry provides easy-to-access credits, it has become a nightmare. Experts fear the largely unregulated… Read more »
April 11, 2023
Kenya: Civil Servants Threaten to Strike Over Wage Delay
The Kenyan economy faces many challenges, including soaring inflation and a high cost of living. However, the government is yet to tackle them, and the latest lack of cash to pay… Read more »
Africa: Germany Taps Into Africa's IT Sector to Fill Labour Gap
German companies are training young Africans to become IT experts, also for the German market. The plan hopes to reduce the shortage of skilled workers in Germany and give Africans… Read more »
April 08, 2023
East Africa: Controversial GERD Dam is a Potential Boon for All, Experts Say
With 90% of the Grand Ethiopian Reservoir Dam completed, Sudan has now turned into a supporter. Though Egypt is critical of the project, experts have ruled out war and point to… Read more »
April 05, 2023
Nigeria: Nigeria's Central Bank Battles to Limit Cash-Crunch Fallout
As Nigeria's Central Bank tries to rebuild trust following a disastrous introduction of new naira bills, customers' faith in the financial system is being tested, as many still… Read more »
April 04, 2023
Zambia: Controversy Surrounds Highway Project
The contract to rebuild the Lusaka-Ndola road has been awarded to a Chinese consortium. However, the announcement that two Zambian pension funds would finance the… Read more »
April 01, 2023
Africa: U.S. V-P Kamala Harris Announces Private Sector Climate Fund for Africa
In addition to private investment totaling some $7 billion, US Vice President Kamala Harris announced that Washington would provide federal investment to boost access to climate… Read more »
March 23, 2023
Africa: How Digitalization Improves Remittances to Africa
Remittance flows to Africa are a driver of recovery in the continent. Such transactions are still expensive but digital services are spurring on the market. Read more »
March 20, 2023
Africa: Africa's Deepening Unemployment Crisis
One in two young people in South Africa are unemployed while more than 1.2 million graduates are without jobs in Uganda. More own initiatives could ease unemployment in Africa,… Read more »
March 19, 2023
Central African Republic: Several Killed in Attack On Chinese Mine
Nine Chinese nationals died when gunmen stormed a mine in the Central African Republic. Rebels suspected of the attack have denied their involvement and blamed Russia's Wagner… Read more »
March 17, 2023
Kenya: Dollar Shortage Hits Motorists and Traders in Kenya
Kenya's economy is grappling with a shortage of foreign exchange reserves. As consumers feel the pain, bigger structural problems remain, and experts say relief might not come any… Read more »
March 16, 2023
Libya: Rebel Military Group Claims Tons of Missing Uranium Recovered
The IAEA had said the missing uranium "may present a radiological risk." The self-declared Eastern Libyan Army said it was recovered near the Chadian border. Read more »
March 15, 2023
Congo-Kinshasa: Dilemma - Generate Oil Wealth or Combat Climate Change?
The Democratic Republic of Congo wants more money for climate projects. Otherwise, oil drilling could replace fishermen in the world's largest peat bog. And that could spell… Read more »
March 04, 2023
Kenya: Kenya Power Says Electricity Restored to Parts of Country
The blackout is just the latest in a country familiar with the struggle to keep the lights on. Read more »
Tunisia: Unionists Rally Against President Saied
In one of the biggest protests against President Kais Saied the UGTT labor union urged him to accept "dialogue." The union also slammed the president's "violent discourse." Read more »