Zambia’s currency surged to its strongest level in nearly two years, buoyed by renewed optimism in the nation’s copper industry. Zambia’s currency, the kwacha, reached its strongest level in nearly two years, triggered by optimism about the copper industry. The kwacha advanced by 0.7% to 22.76 per dollar, making it Africa’s top-performing currency with a…
Since its inception in 1901, the Nobel Peace Prize has stood as one of the world’s most prestigious honours, celebrating individuals and organisations whose efforts have advanced peace, justice, and human rights. The Nobel Peace Prize, initiated in 1901, honors contributions to global peace, democracy, and human rights. María Corina Machado was awarded the 2025…
African lithium producers could soon face major competition as the United States (U.S.) invests in new ways to produce the mineral without traditional mining. U.S.-based Lilac Solutions is developing a method to extract lithium from briny sources, potentially reducing reliance on traditional mining. This technology presents advantages such as lower costs, reduced environmental impact, and…
Nigeria’s economy just delivered its strongest performance in more than a year, and the world is taking notice. According to a new macroeconomic review by Access Bank’s German Desk, the country’s GDP expanded by 4.23 percent in the second quarter of 2025, up from 3.13 percent in the first quarter. Nigeria’s GDP grew by 4.23%…
Rwandan coffee has once again captured the attention of the global specialty market after one kilogram sold for a record $88.18 during the Best of Rwanda 2025 auction, nearly 14 times the local market price. Rwandan coffee fetched a record $88.18 per kilogram at the Best of Rwanda 2025 auction, about 14 times the market…
Burkina Faso has rejected a U.S. request to accept people deported from the United States, marking a rare rebuke of one of President Donald Trump’s signature migration policies. The West African country emphasizes its principle of dignity, resisting Western pressure on migration matters. The U.S. embassy in Burkina Faso has altered visa services due to…
South Africa’s government has spent R267 billion on social grants, reflecting one of its strongest efforts yet to cushion citizens from deepening economic hardship and rising living costs. South Africa allocated R267 billion to social grants during 2024/2025 to mitigate economic hardships. Over 28 million individuals, including children and older persons, benefited from expanded social…
Rwanda’s bid to lead Africa’s health innovation drive has received a major boost, with the European Union committing $103 million toward vaccine manufacturing, biotech research, and economic inclusion initiatives. The European Union has committed $103 million to support Rwanda’s vaccine manufacturing, biotech startups, and social inclusion projects. The investment builds on BioNTech’s first African vaccine…
Zimbabwe has long struggled with the issue of poverty, with a recent report indicating that 49.2% of its population is under the poverty line. Zimbabwe faces a poverty issue, but economic recovery shows potential due to recent developments. Gold-backed currency, ZiG, and increased gold production have spurred economic growth. Victoria Falls Stock Exchange experienced a…
