Key Takeaway: South Africa’s G20 presidency represents a watershed moment for Africa’s voice in global governance, with the November Leaders’ Summit poised to champion Global South priorities while navigating complex geopolitical challenges and strained US relations amid Trump’s tariff policies. As South Africa’s Group of 20 (G20) Presidency approaches its last 100 days, the country […]

India-Africa bilateral trade has crossed the historic milestone of USD 100 billion in 2024-25, Union Minister Kirti Vardhan Singh announced at the 20th CII India-Africa Business Conclave in New Delhi, marking a significant achievement in one of the world’s most promising South-South partnerships. The announcement underscores India’s emergence as a major economic partner for Africa, […]

Bilateral trade between Singapore and Africa has experienced remarkable growth, surging 50% over the past five years to reach US$13.7 billion in 2024, as new investment treaties and strategic partnership agreements signal deepening economic cooperation across diverse sectors spanning technology, agriculture, and sustainable development. The milestone was announced by Singapore’s Minister for Sustainability and the […]

Nigeria LNG Limited (NLNG) has executed a transformative series of long-term Gas Supply Agreements (GSAs) with six major suppliers, marking a strategic pivot designed to strengthen feedgas supply to its Bonny Island facility and consolidate Nigeria’s dominant position in the global liquefied natural gas market. Build the future you deserve. Get started with our top-tier […]

Reserve Bank Governor Lesetja Kganyago has issued a stark warning that South Africa is heading toward serious financial trouble, with the country’s debt trajectory threatening to trigger a fiscal cliff where the economy cannot sustain the government’s debt burden. The warning comes as South Africa faces mounting economic challenges amid stagnating GDP growth and soaring […]

In a significant development highlighting Japan’s expanding interest in Africa’s emerging technology landscape, specialist venture capital firm Uncovered Fund has formed a strategic alliance with corporate investment arm Monex Ventures to establish a ¥3 billion (approximately $20 million) investment vehicle targeting early-stage enterprises across Africa and the Middle East North Africa (MENA) region. The newly […]

Executive Summary President Bola Tinubu has permanently abolished the controversial 5% excise duty on telecommunications services, representing a significant policy reversal aimed at reducing the financial burden on Nigerians and boosting growth in the country’s digital economy. The Executive Vice-Chairman of the Nigerian Communications Commission (NCC), Aminu Maida, announced the decision during a media briefing […]

Uganda has officially entered the global gold mining arena with the opening of its first large-scale gold mine, marking a transformative moment for the nation’s resource sector. The Wagagai Gold mining project in eastern Uganda represents a pivotal transition from small-scale artisanal operations to industrial-scale production, positioning the country as an emerging player in the […]

Nigeria’s banking sector has emerged as the undisputed champion of renewed investor confidence, capturing a remarkable $3.1 billion—representing 55.44% of total capital importation—in the first quarter of 2025. This unprecedented surge reflects the success of sweeping economic reforms implemented under Central Bank of Nigeria (CBN) Governor Olayemi Cardoso, whose bold interventions since October 2023 have […]

A groundbreaking renewable energy initiative is taking shape in the heart of Africa as UAE-based Global South Utilities (GSU) officially breaks ground on a transformative 50-megawatt solar photovoltaic power plant in Sakaï, Central African Republic. This landmark project represents far more than an infrastructure development—it embodies hope for millions of Central Africans who have long […]