The effects of climate change in West Africa, particularly in countries like Ghana and Ivory Coast, are causing cocoa shortages, driving prices to […]
Category: African News
Ghana’s President Seeks to Revise $3 Billion IMF Agreement
John Mahama is planning to appoint an expert panel to develop a new economic strategy, aiming to modify the existing $3 billion International […]
Cultural Barriers Limit Entrepreneurship’s Impact in Poverty Reduction
Efforts by development agencies to foster entrepreneurship in impoverished communities often face cultural and institutional barriers. A study in northern Kenya found that […]
Chagoury Group Pushes Forward with Lagos Mega-project Amid Economic Optimism
Ronald Chagoury Jr., director of the Chagoury Group, has announced that the long-awaited Eko Atlantic City project in Lagos is now poised for […]
Rwanda’s Tourism Industry Faces Threat Amid Conflict and International Sanctions
Rwanda’s $640 million tourism industry faces significant threats due to its alleged support of M23 rebels in the Democratic Republic of Congo (DRC). […]
French Prosecutors Close Apple Congo Conflict Minerals Case Over Insufficient Evidence
French prosecutors have closed a case against Apple over allegations it used conflict minerals from Congo, citing insufficient evidence of money laundering or […]
Gold-Backed ZiG has Struggled to Win People over in Zimbabwe
Zimbabwe’s central bank governor, John Mushayavanhu, assured the public that the country does not face a foreign exchange (forex) crisis. He explained that […]
High Remittance Costs Burden Sub-Saharan Africa, Despite Tech Advancements
Sending money to sub-Saharan Africa remains expensive, with an average remittance fee of 8.37% per transaction as of mid-2024. This high cost disproportionately […]
South Africa Leads Africa’s Nation Brand Value Ranking in 2025
According to the Brand Finance 2025 report, South Africa remains Africa’s most valuable country brand, valued at $215 billion, with a 3.3% increase. […]
Mining Multinationals are Learning to do Business with Juntas
Barrick Gold, the world’s second-largest gold producer, has reached an agreement with Mali’s government, ending a nearly two-year dispute that had halted mining […]