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…
More and more countries – and former SA President Jacob Zuma – are backing Rabat’s plan for autonomy for Western Sahara. Former South African President Jacob Zuma’s visit to Morocco and endorsement of its continued occupation of Western Sahara as an autonomous region, have rekindled debate about this contentious and ongoing issue. Zuma, who now…
Despite Africa’s burgeoning startup ecosystem attracting increasing global venture capital (VC) attention, Tanzanian startups often find themselves overlooked. While neighboring countries like Kenya and Nigeria have become hotspots for VC investments, Tanzania’s startup scene struggles to secure similar funding. Several interrelated factors contribute to this disparity. 1. Nascent Venture Capital Ecosystem Tanzania’s VC landscape is…
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….
Africa’s coworking space sector is experiencing a remarkable surge, driven by a burgeoning entrepreneurial ecosystem, the rise of remote work, and a growing demand for flexible, collaborative work environments. This trend is reshaping urban centers across the continent, positioning Africa as a significant player in the global coworking movement. Rapid Market Growth In 2023, the…
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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…
President Bola Ahmed Tinubu has thanked Nigerians for their patience and understanding over his reforms, stating that the worst effect of his administration’s reform agenda is already behind us as a people. In his message to Nigerians on the two year anniversary of his administration, President Tinubu insisted that his reforms were necessary to keep…
The ocean comprises 70% of the planet and has a profound impact on all life on Earth. It regulates the global climate, produces most of the oxygen we breathe, absorbs carbon dioxide, and supports a vast network of life that sustains ecosystems and our planet’s life support. It also acts as the largest ‘carbon sink’, a vital buffer…
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…