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…
South Africa’s central bank and the National Treasury have reached a critical understanding on lowering the country’s inflation target, marking the end of weeks of policy friction between Reserve Bank Governor Lesetja Kganyago and Finance Minister Enoch Godongwana. South Africa’s central bank and National Treasury have agreed to lower the inflation target, resolving policy friction.…
Mali has secured its first U.S. mining investment to revive a historic gold mine following the exit of its previous Australian operator. Flagship Gold Corp. and Mali’s SOREM have entered a strategic partnership to resume production at the Morila gold mine. This marks the first American investment under Mali’s updated mining regulations adopted in 2023.…
Extreme poverty remains a major challenge across parts of Africa, with new data showing that millions continue to live on less than three dollars a day. Recent figures from Visual Capitalist, citing World Bank data, highlight that several African countries are among the worst affected globally. Sub-Saharan Africa faces significant poverty rates due to reliance…
Russia is expanding its diplomatic and travel footprint in Africa, moving to add four African nations to its growing list of visa-free partners on the continent. Russia is expanding its diplomatic presence in Africa with a proposed increase in the number of visa-free agreements. Four additional countries, including Mozambique, Zambia, Zimbabwe, and Eswatini, are under…
