Tanzania has become the latest African country to join the United States’ new co-investment health model, signing a five-year $3.1 billion partnership that signals Washington’s shift from traditional foreign aid to shared financing, even as similar agreements face scrutiny over data sovereignty and access to strategic resources. Tanzania has signed a $3.1 billion five-year health…
Cameroon has removed 39 vessels from its national ship registry after an official investigation found they were fraudulently operating under the country’s flag as part of Russia’s so-called “shadow fleet,” highlighting growing international efforts to crack down on sanctions evasion in the global oil trade. Cameroon has removed 39 vessels from its ship registry after…
Africa’s third-largest gold producer , Mali has launched a new state agency to regulate its sprawling artisanal gold industry after authorities uncovered major discrepancies between the country’s officially declared gold exports and the volumes recorded by importing countries, highlighting the scale of illicit trade draining billions of dollars from one of Africa’s largest gold producers.…
The Democratic Republic of Congo (DRC) is in the process of initiating its inaugural stock exchange, as the emergence of AI is driving demand for some of the country’s most critical minerals. The Democratic Republic of Congo is launching its first stock exchange next year, featuring both the Congolese franc and the US dollar. The…
Russia recently handed over a mobile laboratory to Namibia to aid the Southern African country in early disease detection. Russia has given Namibia a mobile laboratory to help with early disease detection and strengthen the country’s biological protection. The pneumoframe mobile lab can perform over 800 tests daily and is valued at more than N$13…
The world’s largest e-commerce and online retail store, Amazon, is investing heavily in removing South Africa’s carbon credits. Amazon is investing in the removal of 1.95 million tons of carbon credits through a nature-based program in South Africa’s Eastern Cape. The initiative is backed by the World Bank’s Spekboom Outcome Bond and meets top international…
Seychelles’ tourism industry is showing fresh signs of losing momentum after powering the island nation’s economy to record growth last year, with new data revealing fewer international visitors and a sharp decline in cruise tourism as global travel headwinds begin to weigh on Africa’s richest island economy. Seychelles’ visitor arrivals fell in May and remain…
Saudi Arabia has accredited Saad Misfer Ahmed Almimoni as its ambassador to Burkina Faso, adding fresh diplomatic weight to relations between Riyadh and Ouagadougou at a time when the West African country is moving further away from France. Saudi Arabia has accredited Saad Misfer Ahmed Almimoni as its ambassador to Burkina Faso, marking a strengthened…
Africa’s richest man, Aliko Dangote, is preparing a major expansion of his industrial empire in Tanzania, with plans spanning power generation, fertiliser production, transport infrastructure, ports and a special trade zone following high-level investment talks with President Samia Suluhu Hassan in Dar es Salaam. Aliko Dangote plans a major expansion of his investments in Tanzania…
