Cape Town — The Trump administration is canceling humanitarian aid programs it previously identified as lifesaving, according to an internal State Department email obtained by The Atlantic. The new round of cuts will reportedly end all U.S. humanitarian funding in seven African countries — Burkina Faso, Cameroon, Malawi, Mali, Niger, Somalia, and Zimbabwe — in what officials describe…
Emmanuel Macron said he wants to seek “forgiveness” for France’s colonisation of Madagascar, starting with the return of looted cultural artefacts. During his two-day visit, the French president also announced plans to step up economic ties, including investment in a major hydroelectric dam project. “Our presence here is not innocent, and our history has been…
The report was presented by the House Committees on Appropriations and Foreign Affairs at the White House on Monday. A US Congress report has called for a comprehensive security cooperation to protect Nigerian Christians from terrorists, doubling down on the false claim by US officials of Christian genocide in Nigeria. The report described Nigeria as…
As tensions escalate again across the Middle East, global oil markets are entering another period of uncertainty. Even the threat of disruptions to tanker routes or energy infrastructure in the region can send crude prices sharply higher. Much of the world’s oil still moves through the strategic maritime chokepoint of the Strait of Hormuz. Any…
China has long been a significant player in Africa’s energy sector, historically focusing on large-scale fossil fuel projects. However, recent developments indicate a strategic pivot towards renewable energy investments across the continent. Transition to Renewable Energy At the 2024 Forum on China–Africa Cooperation (FOCAC) in Beijing, China announced plans to develop 30 renewable energy projects…
Mauritanian candidate Sidi Ould Tah was elected president of the African Development Bank on Thursday, securing a decisive victory over his Zambian opponent Samuel Munzele Maimbo in the third round of voting. Ould Tah succeeds Nigeria’s Akinwumi Adesina as the head of Africa’s leading financial institution. Formerly the president of the Arab Bank for Economic…
Kenya has made history in the global fight against wildlife trafficking after four individuals — two Belgian nationals, a Vietnamese citizen, and a Kenyan — were sentenced in a groundbreaking case involving the illegal trade of live garden ants. Lornoy David and Seppe Lodewijckx of Belgium, Vietnamese national Duh Hung, and Kenyan citizen Dennis Ng’ang’a…
The government of Malawi has announced a fresh investigation into the Chikangawa military plane crash that claimed the life of former Vice President Saulos Klaus Chilima and eight others in June 2024. Minister of Justice and Constitutional Affairs Charles Mhango revealed the decision in Parliament on Tuesday while presenting a progress report on the investigations…
My agenda prioritises speed of delivery, which means investing in capacity building and integrating digital solutions, including AI and data analytics, to improve efficiency and accountability Former Mauritanian Finance Minister and candidate for president of the African Development Bank (AfDB), Sidi Ould Tah, promised internal reforms at the regional development institution if elected at the…
TLDR Morocco has launched derivatives trading on its Casablanca Stock Exchange (CSE), introducing a futures contract based on the MASI 20 index, which tracks the 20 most liquid stocks in the market. The move is part of a broader strategy to deepen capital markets, attract more investors, and regain MSCI emerging-market classification after 12 years….
Nigeria to host the fifth Intra-African Trade Fair 2027 (IATF2027) from 5 to 11 November 2027. The Federal Republic of Nigeria has today signed the hosting agreement for the fifth Intra-African Trade Fair 2027 (IATF2027), taking over the baton from Algeria which hosted the highly successful fourth edition that recorded US$49.94 billion in trade and investment…