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Africa Faces Sharp Economic Slowdown as Middle East War Drags On, Report Warns

Conflict & Security / Leave a Comment

A new economic report has sounded a stark alarm for Africa: the continent faces the risk of a sharper-than-expected growth slowdown in 2026 if the ongoing Middle East conflict — centred on Iran-Israel-US tensions — continues to escalate. The warning comes as global energy markets remain on edge, with the Strait of Hormuz effectively disrupted […]

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Somalia Sets Sail for Its First Offshore Oil Drilling Campaign

Economy & Business / Leave a Comment

After decades of civil conflict, political instability, and years of negotiations, Somalia is finally on the brink of becoming an oil-producing nation. The country is preparing to launch its first-ever offshore oil drilling campaign — a move that could reshape its economic future, alter its geopolitical standing in the Horn of Africa, and attract billions

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Gulf Crisis Ripple Effects: How the Middle East War Is Shaking African Economies

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The Gulf Crisis and Its Ripple Effects on African Economies As the war in the Middle East continues to disrupt one of the world’s most critical oil shipping corridors, African nations are counting the cost — and in some unexpected corners, discovering opportunity. The Strait of Hormuz handles approximately 20% of global oil exports and

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