Africa

Nine out of 20 world’s fastest-growing economies in Africa — IMF

The International Monetary Fund (IMF) has expressed optimism on the present economic situation in...

African leaders adopt water vision 2063, targets $30bn funding gap

African heads of state have formally adopted and launched a new continental water policy,...

IMF backs South Africa’s business reforms, warns on rising debt

The International Monetary Fund (IMF) has endorsed South Africa’s ongoing business and structural reforms,...

$9.5m grant issued for Zambezi Basin climate resilience

Zambezi River Basin, one of Africa’s most vital shared freshwater systems, has secured a...

Afreximbank cuts ties with Fitch after ratings dispute. Here’s what happened

The African Export-Import Bank (Afreximbank) said on Friday it has ended its relationship with...

How much teams make at AFCON 2025 – and what Nigeria takes home

The 2025 Africa Cup of Nations enters its final weekend with the third-place playoff...

AfDB, UK seek private capital to close Africa’s $402bn funding gap

The African Development Bank (AfDB) Group and the United Kingdom government are stepping up...

Visa-free travel in Africa up by 8% in 2025

Visa-free travel was up minimally by 8% in 2025, enabling millions more Africans to...

IMF releases $385 million to Ghana as reforms unlock $2.8bn lifeline

Ghana has secured an immediate $385 million injection from the International Monetary Fund, reinforcing...

Burkina Faso frees Nigerian air force personnel after landing dispute

Burkina Faso has released 11 Nigerian military personnel who were briefly detained after a...

Climate Change: Six failed rains push North Africa into deepening drought

Parts of North Africa endured an unprecedented drought in 2024 after six consecutive failed...

Ghana’s Mahama says no plans for mass deportation of Nigerians

Ghana’s President John Dramani Mahama has moved to douse tensions over recent viral videos...

Nigerians’ trust in their president drops to lowest in two decades

Public trust in the presidencies of over a dozen African nations, including Nigeria’s, has...

Tanzania bans agric imports from South Africa, Malawi

Tanzania has halted all agricultural imports from South Africa and Malawi, escalating a trade...

Sudan War: UN appeals for $6 billion to help millions facing hunger

The United Nations on Monday urged donors to provide $6 billion in aid for...

Moghalu slams African leaders’ focus on GDP over citizens’ wellbeing

Kingsley Moghalu, former deputy governor of the Central Bank of Nigeria, has criticized African...

At least 100 dead in South Africa’s illegal mining tragedy

At least 100 illegal miners have died underground in an abandoned gold mine near...

U.S. declares genocide by Sudan’s RSF, sanctions leader Hemedti

The United States has declared that Sudan’s Rapid Support Forces (RSF) committed genocide during...

EIB supports infrastructure projects in Africa with $80 million

The European Investment Bank (EIB) has committed $80 million in equity to finance infrastructure...

Russian fertilizer giant sees 41% rise in exports to Africa

Russian fertilizer producer PhosAgro has reported a 41% increase in exports to Africa in...