In 2025, the International Monetary Fund (IMF) remained one of the most prominent external actors determining African economic policy. The IMF played a crucial role in shaping African economic policies in 2025. Some African countries reduced reliance on IMF loans, while others struggled with heavy debt burdens. High IMF debts often led to fiscal constraints…
The Trump administration has begun recalling U.S. ambassadors from Nigeria, Uganda and 13 other African countries, marking one of the most sweeping diplomatic shake-ups since President Donald Trump returned to office. The Trump administration is recalling U.S. ambassadors from 15 African countries, including Nigeria and Uganda Career diplomats, rather than political appointees, are notably being…
Across Africa, the cost of living has emerged as a key predictor of economic well-being, social stability, and political confidence. The cost of living is a crucial factor affecting economic and social stability in Africa. Inflation and rising import costs compel higher spending on essentials like food and energy. Affordable living conditions enhance well-being and…
Fitch Ratings has pushed Gabon deeper into junk territory, citing widening fiscal deficits and weakening investor appetite for the country’s debt. Fitch Ratings downgraded Gabon’s long-term foreign-currency rating to CCC- from CCC due to fiscal challenges. Reasons cited include widening budget deficits, limited regional debt market access, and heavy debt repayments. Investor interest in Gabonese…
French nuclear giant, Orano, says 1,600 tonnes of uranium stockpiled before nationalisation may have been moved, prompting Paris to launch a criminal probe amid Niger junta’s push to sell strategic minerals. Orano, a French nuclear company, suspects that 1,600 tonnes of uranium stockpiles in Niger were moved without authorization. The French prosecutor has launched an…
Mali, Burkina Faso and Niger have launched a joint military force to counter Islamist insurgencies in the Sahel, highlighting growing security and political tensions in West Africa as Nigeria seeks to assert itself as a regional stabiliser. Mali, Burkina Faso, and Niger formed a joint military force, FU‑AES, to counter Islamist insurgencies in the Sahel…
Nigeria’s push to rebuild domestic energy capacity received a major boost after Heirs Energies secured a $750 million financing facility from the African Export-Import Bank, one of the largest Africa-backed energy deals closed this year. Heirs Energies secured a $750 million financing facility from Afreximbank to expand domestic energy production in Nigeria. The funding aims…
For a few African countries, 2025 was characterized by acute fuel shortages, skyrocketing energy costs, and crippling supply disruptions that impacted everything from national security to education and economic stability. The Central African Republic had the highest fuel prices, with Zimbabwe, Malawi, Seychelles, Sierra Leone, Burkina Faso, Senegal, Cameroon, Uganda, Morocco, and Kenya often in…
Nigeria’s Lekki Deep Sea Port has registered roughly 13.46 trillion naira in combined imports and exports over the first nine months of 2025, equivalent to about $9.3 billion at current exchange rates. Lekki Deep Sea Port processed an estimated $9.3 billion worth of trade in its first nine months of the year. The performance has…
