Foreign-trained doctors from Africa and other regions are among the key beneficiaries of a quiet policy reversal by the United States, as the Trump administration moves to exempt physicians from a broader immigration processing freeze tied to its expanded travel restrictions. The U.S. quietly reversed a policy to exempt foreign-trained doctors from a broad immigration…
Africa’s response to recent global fuel disruptions is increasingly being shaped by a single industrial asset in Nigeria, as Aliko Dangote’s $20 billion Dangote Petroleum Refinery, built with support from India and China, begins to reduce the continent’s reliance on imported fuel and challenge Europe and US refining dominance. The Dangote Petroleum Refinery in Nigeria…
The Nigerian national oil company has signed a new agreement with Chinese firms in a renewed attempt to revive and expand two of its long-struggling refineries, marking another chapter in the country’s decades-long effort to restore domestic refining capacity. Nigerian National Petroleum Company has signed a new agreement with Chinese firms to revive and expand…
As access to refined fuel continues to be hampered by the Iranian war, one of Africa’s largest economies, Kenya, has temporarily modified its fuel quality criteria. Kenya has temporarily relaxed its fuel sulfur limits due to supply disruptions caused by instability in the Middle East. The Ministry of Investments, Trade, and Industry authorized a six-month…
Taiwanese President Lai Ching-te arrived in Eswatini on Saturday, commencing a rescheduled visit to the southern African kingdom following prior delays. Taiwanese President Lai Ching-te arrived in Eswatini, highlighting the country’s importance as Taiwan’s only African diplomatic ally. The visit was initially delayed after three Indian Ocean nations denied overflight, a move Taiwan attributes to…
All but one of Africa’s 54 countries are now covered under China’s zero-tariff policy, following the addition of 20 more nations on May 1. The move leaves a single Southern African country, Eswatini as the only exception to Beijing’s sweeping duty-free access across the continent. China’s zero-tariff policy now covers all African countries except Eswatini…
Nigeria’s stock market extended its powerful rally on Wednesday, underscoring renewed investor appetite for equities in Africa’s largest economy as economic reforms continue to reshape sentiment. Nigeria’s stock market rose nearly 4% in a single day, extending a strong 2026 rally. The benchmark index is now up over 50% year-to-date. Banking and industrial stocks are…
South African regulators have moved to deregister the local arm of Moody’s Investors Service, marking a shift in how banks will use credit ratings in one of Africa’s most developed financial markets. Moody’s local unit in South Africa has been deregistered after voluntarily giving up its licence. Banks can still use its ratings for regulatory…
Nigeria could face tighter scrutiny over its security operations after U.S. lawmakers advanced a funding bill that places new conditions on American assistance to the country. U.S. lawmakers have moved forward with a bill that makes American security assistance to Nigeria conditional. The proposed legislation requires Nigeria to meet benchmarks such as responding to violence,…
