A Dramatic Upset South Africa’s centre-right Democratic Alliance (DA) has elected former Tshwane mayor Solly Msimanga as its new federal chairperson, replacing Helen Zille’s successor in a result that has sent shockwaves through the country’s political landscape and set the stage for a fiercer-than-ever challenge to the ruling ANC. The vote, taken at the party’s […]
$h2$A Historic Return to International Markets$/h2$p$The Democratic Republic of Congo has successfully raised $1.25 billion through its first-ever eurobond issuance, marking a watershed moment for the Central African nation as it seeks to rebuild its economy despite a backdrop of armed conflict, currency pressure, and deep structural challenges.$/p$p$The deal, which attracted strong international investor interest,
DRC Makes Historic Market Return with $1.25 Billion Eurobond, Defying Regional Turmoil Read More »
Market Confidence in DRC’s Reform Agenda The Democratic Republic of Congo has successfully raised $1.25 billion in its debut sovereign bond issuance, a landmark transaction that signals growing international confidence in the Central African nation’s economic trajectory despite persistent security and governance challenges. The transaction, finalized in early April 2026, was met with strong demand
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Nigeria has launched one of the largest terrorism trials in its history — and one of the most significant in Africa in recent memory. More than 500 suspects accused of supporting militant groups, primarily in the insurgency-ravaged northeast, were arraigned before a special court in Abuja in proceedings that began last week and have already
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From Lusaka to Pretoria, Windhoek to Harare, African governments are racing to contain the fallout from a global petroleum price surge — and paying a heavy price to do it. As fuel costs spiked sharply in early 2026, driven in large part by the escalation of the US-Iran conflict, governments across the continent cut taxes
Benin has elected a new president in a vote that marks both a generational shift and a continuation of the economic policies that defined the outgoing administration. Finance Minister Romuald Wadagni secured a decisive victory after his main opponent, Paul Hounkpe, conceded defeat on Monday — just a day after the presidential election held on
The Democratic Republic of Congo has entered the global sovereign debt market with a bang. In a landmark transaction on April 9, 2026, the DRC became the first African country since 2019 to issue a debut eurobond, raising .25 billion from international investors in a sale that drew overwhelming demand and signaled a remarkable vote
DRC Makes Historic Market Debut, Raises $1.25 Billion in Landmark Eurobond Sale Read More »
King Mohammed VI’s Vision for an African AI Powerhouse Morocco has signed a series of bilateral agreements with the European Union positioning the kingdom as a strategic hub for artificial intelligence development, data infrastructure, and digital governance in Africa. The agreements, announced at a high-level ceremony in Rabat attended by EU Commissioner for Digital Sovereignty
A Finance Minister’s Path to Power Romuald Wadagni, Benin’s outgoing finance minister, has won the country’s presidential election according to projections by national observers and early vote counts reported by the Independent Electoral Authority (CENA). His main challenger, former Prime Minister Paul Le Hyaric, conceded defeat on Sunday evening — a rare occurrence in a
Benin Election: Finance Minister Romuald Wadagni Wins Presidential Vote Read More »
The $14 Billion Import Bill Africa’s Health Systems Cannot Afford Africa spends an estimated $14 billion annually on imported pharmaceutical products — medicines that could, and should, be manufactured on the continent. The figure has become a rallying cry for a growing coalition of African governments, development finance institutions, and private investors who argue that
Africa Pushes for Local Drug Manufacturing to End Dependence on Imported Medicines Read More »
A First for Kinshasa on International Capital Markets The Democratic Republic of Congo successfully raised $1.25 billion through its debut sovereign eurobond issuance, marking a watershed moment for a country that has more often been associated with debt distress and IMF programmes than with investor appetite. The transaction, which drew orders exceeding $3 billion from
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A New Chapter in Algeria-Vatican Relations Pope Leo XIV arrived in Algeria on Monday for an 11-day apostolic journey — the first visit by a pontiff to the North African nation in 26 years. The landmark tour, spanning Algeria, Morocco, and Tunisia, signals a significant recalibration of Vatican engagement with a region where Catholic communities
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