The escalating military confrontation between the United States and Iran is beginning to spill beyond the Middle East, with Egypt’s strategic Mediterranean LNG hub caught in the crossfire after a drone strike hit two ships at the Port of Damietta, including a U.S.-owned floating storage tanker. A drone strike hit two ships at Egypt’s Port…
West Africa is stepping up efforts to reduce its reliance on foreign fuel price benchmarks, with Nigeria leading a push to establish a regional pricing mechanism that reflects local supply, demand and logistics rather than indices set outside the continent. Nigeria is leading efforts to establish a West African fuel price benchmark based on regional…
Burkina Faso recently found itself on the list of yet another international human rights watchlist, despite the complex security challenge the country is currently facing. Burkina Faso faces severe security challenges but maintains strong economic growth, with GDP growth reaching 5.3% in 2025. The country was placed on the CIVICUS Monitor Watchlist due to growing…
Financial pressure is pushing millions of South African workers toward sports betting and online gambling, with many hoping a lucky win can help them meet daily expenses or escape mounting debt. Financial pressures are leading millions of South Africans to sports betting and online gambling for extra income. Over half of employed South Africans earning…
Japan is investing up to $34 million (C$47.7 million) in a heavy rare earth mining project in Namibia, strengthening Africa’s position in the global race to secure critical minerals used in electric vehicles, renewable energy and defence technologies. Japan will invest up to $34 million (C$47.7 million) in a heavy rare earth project in Namibia…
Zijin Gold’s planned takeover of Allied Gold has been terminated, but the Chinese miner will invest about $295 million in the company behind major gold assets in Mali, Ethiopia and Côte d’Ivoire. Zijin Gold and Allied Gold have terminated their planned C$5.5 billion takeover after concluding that the remaining conditions were unlikely to be completed…
Mozambique has awarded a 25-year concession to two Chinese companies to build and operate a one-stop border post at Machipanda, a critical crossing linking the country to neighbouring Zimbabwe. Mozambique has granted a 25-year concession to two Chinese firms to build and operate a one-stop border post at Machipanda, which connects Mozambique to Zimbabwe. The…
For many Africans, international travel still means applying for a visa well before departure. While some passports offer broad travel freedom through visa-free entry or visas on arrival, the majority across the continent remain subject to stricter travel restrictions. Most Africans still face strict visa requirements for international travel, limiting their mobility compared to other…
The Executive Board of the International Monetary Fund (IMF) completed its final review of Ghana’s three-year, $3 billion crisis support package on July 27, 2026, approving an immediate payout of $371 million. The IMF completed its final review of Ghana’s $3 billion crisis support package, releasing a last $371 million payment. This marks the official…
