Economy & Business

Ethiopia has formally launched its application for membership in the World Trade Organization, initiating a process that could see Africa second-largest economy by population join the global trading system within three to five years. The announcement marks a significant policy shift for a country that has historically maintained a protectionist stance toward its domestic markets, […]

South Africa has unveiled an ambitious 200 billion rand infrastructure investment program aimed at modernizing the country aging road networks, expanding energy generation capacity, and building new logistics corridors to unlock economic growth and attract foreign capital. The announcement, made by Finance Minister Enoch Godongwana during the annual budget speech, represents one of the most

The Democratic Republic of Congo has reached an agreement with the United States to accept nationals who have been ordered to leave American territory, marking a significant development in bilateral relations. The deal comes after months of diplomatic negotiations and addresses a growing humanitarian concern involving hundreds of Congolese migrants currently in U.S. deportation proceedings.

Ghanas government has moved to block foreign-owned companies from acquiring a recently divested major gold mine, announcing that the asset will be sold exclusively to firms that are 100 percent owned by Ghanaian citizens. The decision, which drew immediate pushback from international mining companies, represents the most aggressive intervention yet in Ghanas broader campaign to

President Cyril Ramaphosa opened the sixth South Africa Investment Conference in Johannesburg on March 31, 2026, unveiling an ambitious nearly \00 billion investment initiative aimed at breaking a decade of near-zero economic growth and tackling South Africas unemployment crisis – a problem so severe that more than one in three South Africans who want to

The Democratic Republic of Congo has agreed to receive third-country nationals deported from the United States under a new agreement with the Trump administration, the government in Kinshasa announced on Sunday, April 5, 2026. The deal positions Congo as the latest African nation to accept deportees as Washington accelerates its sweeping immigration enforcement campaign. Under

Banjul, April 5, 2026 — Gambian police fired tear gas and water cannons at protesters in the capital Banjul on Saturday as hundreds of demonstrators gathered to demand the release of two siblings who were rearrested just days after being freed in a high-profile legal case that has captivated the nation. The rearrest of the

Kinshasa, April 5, 2026 — The Democratic Republic of Congo has agreed to accept deportees expelled by the United States under a controversial new "third-country" arrangement that observers say raises serious questions about the treatment of migrants and the sovereignty of African nations. According to sources familiar with the negotiations, Kinshasa — which is simultaneously

China-backed $1.2 billion TAZARA railway rehabilitation will restore a 1,860km corridor linking Zambia’s copper belt to Tanzania’s coast.

President Ramaphosa has launched a $200 billion investment initiative through 2030. With $53 billion already committed, can this ambitious plan deliver the jobs and transformation South Africa needs?

Five months into the Randrianirina junta’s rule, Russia has delivered a new consignment of armored vehicles and arms to Madagascar — the latest step in a rapid military partnership reshaping the island’s foreign policy.

For the first time ever, African banks have surpassed $100 billion in annual revenue — growing 17% annually and outpacing global averages. What does this milestone mean for the continent’s financial future?