Africa

news by category: Africa

Found 841 articles.

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Vol 65 No 12 |

EUROPEAN UNION
AFRICA

A disputed levy

4th June 2024

Report finds EU's new carbon import levy will hit many third countries less than feared but another think-tank says Africa faces possible 4% drop in exports to Europe

The economic effects of the EU's new carbon import levy are set to be far smaller than feared by many third countries, many of them African, according to a report published on Mond...

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Vol 65 No 10 |

Elections and wars consume cash

9th May 2024

Kenya's William Ruto has hosted a pledging summit for the World Bank but experts predict more demands on a smaller funding pot

Hopeful promises emerging from the Kenya-hosted summit for the International Development Association, the World Bank's soft loan affiliate, on 29-30 April have to be set against wi...

Vol 65 No 10 |

Mystery surrounds Brussels migration deal with Abuja

1st May 2024

Abuja is silent after a top official at the EU says it has agreed to a migrant return scheme – without cash incentives

Top officials at the European Commission say they have concluded talks on a migrant readmission and return agreement with Nigeria that could mark a breakthrough in Brussels-Abuja r...

Vol 65 No 9 |

FRANCE
AFRICA

Will Senegal's President Faye lead West Africa out of France's monetary zone?

19th April 2024

The new political leaders in Dakar are promising jobs, growth and radical reform for the region's monetary system

Plans to rename the CFA franc, the next stage of regional currency reform, were derailed at the last minute by the July 2023 military coup that deposed Niger's President Mohamed Ba...

Vol 65 No 9 |

KENYA
AFRICA
HEALTH

After the pandemic panic, Big Pharma exits Africa

18th April 2024

Moderna's mothballing of a $200m vaccine plant has prompted a backlash from politicians and health professionals

When United States' pharmaceutical giant Moderna halted plans for a US$200 million vaccine factory near Nairobi it dealt a double-blow: to Kenya's ambitions as a healthcare manufa...

Vol 65 No 9 |

Brussels refuses to delay deforestation law, hitting Africa's cocoa and coffee farmers

17th April 2024

New EU rules banning produce sourced from deforested areas start in January and risk wrecking Ethiopia's coffee trade

Pressure is mounting on the European Commission to postpone the start-up of its tough rules blocking products sourced from deforested areas, including cattle, cocoa, coffee, palm ...

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Vol 65 No 9 |

AFRICA
FINANCE

UN agency warns against African Eurobonds

23rd April 2024

Economists are worried that high yields on new borrowing by developing countries are unsustainable

Several African states may have returned to the Eurobond market in recent months, but a new report by the United Nations Conference on Trade and Development (UNCTAD) has warned tha...

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Vol 65 No 9 |

UNITED STATES
AFRICA

Taking the politics out of AGOA

16th April 2024

US senators introduce a bill to extend the sub-Saharan Africa trade pact

United States senators are hoping to take US/Africa trade policy out of party politics in an election year, with Republican Jim Risch and Democrat Chris Coons having tabled a bill ...

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Vol 65 No 9 |

UKRAINE
AFRICA

Kyiv steps up its diplomatic effort

16th April 2024

Ukraine inaugurates embassies in Côte d'Ivoire and Congo-Kinshasa and plans to open more

Ukraine continues to expand its diplomatic footprint in Africa, by opening embassies in Côte d'Ivoire and Congo-Kinshasa.

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Vol 65 No 8 |

Facing neither west nor east – but forwards

11th April 2024

Unleashing tens of billions of investment across Africa, the UAE and Saudi Arabia are buying critical minerals and political influence

The strategy of the oil-fired Gulf States in Africa appears to be modelled on a foreign policy dictum coined by Ghana's founding President, Kwame Nkrumah: 'We face neither east nor...

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