A new US trade warning aimed at countries trading with Iran is putting several African economies under pressure, as Washington signals it is willing to escalate tariffs and review preferential trade access for partners it views as misaligned with its foreign policy objectives. This policy shift impacts African nations by potentially increasing export costs and…
Under a citizenship program endorsed by legendary Hollywood director Spike Lee, approximately 50 people of African ancestry have migrated back to Benin. The “My Afro Origins” program in Benin has facilitated the migration of over 50 individuals of African descent back to their ancestral homeland. Endorsed by influential figures such as filmmaker Spike Lee, the…
As the new year begins, Africa’s wealth ecosystem is already taking shape, with established names consolidating their positions at the top. The economic dynamics of Africa are taking shape as 2026 begins, with established business figures solidifying their influence. Wealth in Africa continues to be driven by industrial growth, resource exploitation, and energy investments. The…
South Africa has reached a major mining milestone after one of the world’s largest mine, operated by Ivanhoe Mines at the Platreef project in Limpopo province, produced its first concentrate and began ramping up operations toward a planned capacity of 5 million tonnes per annum (Mtpa). Ivanhoe Mines commenced initial concentrate production at the Platreef…
Inflation remained a major economic challenge across Africa in 2025, with several countries experiencing sharply rising consumer prices driven by currency instability, supply‑side pressures and structural economic weaknesses.. Global inflation moderated to an average of 4.2% in 2025, defying expectations amidst economic challenges. The United States witnessed inflation decline to 2.7% in 2025, reflecting broader…
Ghana has achieved a significant military milestone with the indigenous manufacture of its own Unmanned Aerial Vehicle, the AeriusPro. Ghana has locally developed the AeriusPro, an advanced Unmanned Aerial Vehicle (UAV) that represents a significant milestone in the nation’s military capabilities. The AeriusPro is deployed for surveillance in northern Ghana, addressing security challenges in Bawku…
The United Kingdom remains the dominant source of new foreign investment into Nigeria, supplying roughly 65 per cent of capital inflows over the past year, official government figures show, underlining the renewed appeal of Africa’s largest economy to international investors. UK investors accounted for about 65 per cent of Nigeria’s recent foreign capital inflows, according…
Florian Fournier, the former Marketing Director at the World’s most valuable company, Apple, and co-founder of the venture creator, OurWorld, has set his sights on building a cyber city (Network State) in the East African island nation of Zanzibar. Florian Fournier, co-founder of OurWorld, seeks to establish Dunia Cyber City in Zanzibar, inspired by the…
Ghana’s former Finance Minister Ken Ofori-Atta, who faces numerous corruption charges at home, has been detained by United States immigration authorities. Ken Ofori-Atta, Ghana’s ex-Finance Minister, faces detention by U.S. immigration authorities over his visa status. Ofori-Atta, under medical care in the US since 2025, seeks to resolve the visa issue through legal assistance. The…
