Africa

While many Nigerians continue to express frustration over the rising cost of living and the short-term pains of economic restructuring, global confidence in the country’s reform trajectory is growing. Two of the world’s most respected financial institutions the International Monetary Fund (IMF) and Moody’s have commended the federal government’s bold…

In a renewed effort to tackle the growing crisis of drug abuse and mental health disorders across West Africa, the Parliament of the Economic Community of West African States (ECOWAS) has launched an intensive awareness campaign in Monrovia, Liberia. The initiative, which runs from August 4 to 8, 2025, marks…

The West African Examinations Council (WAEC) has officially released the results of the 2025 West African Senior School Certificate Examination (WASSCE) for school candidates. The announcement was made on Monday, August 4, via the Council’s official X (formerly Twitter) handle. According to the statement, all candidates who participated in the…

Access Bank Tanzania has presented the Power of 100 Africa Women Award to President Samia Suluhu Hassan of the United Republic of Tanzania, in recognition of her exceptional leadership, inclusive governance, and contributions to national and regional development. The award was formally presented during a courtesy visit to the State…

ABUJA — Tension ran high at the National Assembly complex on Tuesday after security operatives blocked suspended Senator Natasha Akpoti-Uduaghan from entering the premises. The Kogi Central lawmaker, flanked by prominent activist Aisha Yesufu, rights advocate Mama P, fellow activist Randy, and a crowd of passionate supporters, was stopped at…

Former Nigerian President, Muhammadu Buhari, has reportedly passed away in a hospital in the United Kingdom. The news was confirmed on Sunday afternoon by his former spokesperson, Mallam Garba Shehu. prompt news

The entrepreneurial ecosystems (EE) approach is often promoted for Africa’s growth, but Africa already has many entrepreneurs. Instead of increasing entrepreneurship, researchers argue for strategies drawn from East Asia’s development and Schumpeterian growth theory—both of which oppose EE thinking. These approaches suggest that Africa should focus on building large, productive firms and…

The latest World Investment Report from UN Trade and Development (UNCTAD) says foreign direct investment (FDI) inflows to Africa stood at %97 billion. In 2024, foreign investment in the continent shot up by 75% representing 6% of global FDI, compared to a 4% share in 2023. The surge was largely driven…

The UN Development and Trade (UNCTAD) has said that public debt in developing countries has grown twice as fast as in developed economies since 2010. According to the UN agency, the $31 trillion debt by developing economies in 2024 is less than the overall global debt of $102 trillion. A…

African leaders have called on Monday for an urgent review of U.S. tariffs on African exports, urging a shift towards transformative partnerships and investment in Africa’s economic potential. Addressing more than 2,000 government and business leaders, and other delegates at the U.S.-Africa business summit in the capital Luanda, Angolan President…