Tag: Africa economy

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Africa’s Trapped Capital: $2 Trillion Sits Idle As the Continent Crumble

Africa's trapped capital now exceeds $2 trillion, but little of it is funding infrastructure. This deep dive reveals why the continent’s wealth remains idle.

Afreximbank Unleashes $10bn Crisis Fund as Middle East Shock Hits Africa

Afreximbank has activated a $10bn crisis fund to shield African economies from the ripple effects of the Iran war, as rising fuel costs, trade disruptions and currency pressures intensify across the continent.

Africa Energy Independence Gains Urgency as Iran Crisis Exposes Structural Weakness

Africa’s push for energy independence is accelerating as fuel disruptions linked to the Iran crisis expose structural weaknesses in refining, supply and infrastructure.

From Fuel to Food: How the Energy Crisis Is Driving Africa Food Security Crisis

Africa is facing a growing food security crisis as global energy disruptions push up fertiliser costs, strain supply chains and drive food prices higher across multiple regions.

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Consulate Seeks Probe Into Deaths of 3 Nigerians in South Africa

Three Nigerians in South Africa died in separate incidents across Bloemfontein, Pretoria and Ekurhuleni within four days, prompting diplomatic intervention from Nigeria and renewed calls for thorough investigations into the circumstances surrounding their deaths.

AES Integration Expands as Burkina Faso, Mali and Niger Align Telecoms and Trade

AES integration is moving beyond military cooperation as Burkina Faso, Mali and Niger align telecommunications regulation, media governance and economic policies. New agreements suggest the Alliance of Sahel States is steadily building common institutions across the confederation.

Abeïbara Strike: Mali Claims 50 Fighters Killed in Kidal Operation

Mali's military says an Abeïbara strike killed at least 50 fighters in Kidal. Independent confirmation remains absent as analysts question casualty claims and the wider security situation.

CBN to Force Banks to Honour Domiciliary Account Withdrawals

The Central Bank of Nigeria is preparing measures to compel banks to honour domiciliary account withdrawals after complaints from customers who say they are being denied access to their foreign currency funds despite meeting account requirements.

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