A historic global clean-energy mobilization campaign jointly spearheaded by Ursula von der Leyen, President of the European Commission, and Cyril Ramaphosa, President of South Africa, has successfully secured €15.5 billion in comprehensive financial commitments to support Africa’s ambitious transition toward renewable energy sources and modern electricity infrastructure. This landmark achievement represents one of the most […]

After years of delays, financial obstacles, and environmental contention, Uganda’s transformative ambition to become a regional oil exporter has taken a decisive step forward with the East African Crude Oil Pipeline (EACOP) reaching seventy-five percent completion. The milestone, announced by Uganda’s Petroleum Authority on Wednesday, marks significant progress in one of Africa’s most ambitious and […]

South African commercial row-crop farmers are pioneering a new era of climate-positive agriculture through UPL Corporation’s Smart Climate Ag programme, which enables them to earn additional income from verified carbon credits while adopting environmentally sustainable farming practices. The initiative represents a significant breakthrough in aligning agricultural productivity with environmental stewardship, offering farmers financial incentives for […]

A high-level panel of financial experts and economists has issued a compelling call for the Group of 20 (G20) major economies to significantly strengthen their oversight and regulation of global credit rating agencies, following mounting evidence that these institutions employ methodologically flawed assessment frameworks that systematically disadvantage African governments and artificially inflate their borrowing costs […]

The Democratic Republic of Congo (DRC) has achieved a major milestone, completing the integration of its customs data exchange system with the East African Community’s (EAC) Single Customs Territory (SCT). This technical readiness means that, beginning November 28, the DRC will formally join Kenya, Uganda, Tanzania, and Rwanda on the centralized customs platform, dramatically altering […]

The Federal Government of Nigeria has announced a landmark 60 percent increase in the nation’s health budget, marking one of the most significant healthcare funding commitments in recent Nigerian history and signaling President Bola Ahmed Tinubu’s administration’s determination to revitalize a health sector that has long struggled with chronic underfunding, infrastructure deficits, and workforce challenges. […]

Nigeria has taken a decisive step toward cementing its position as a digital economy leader in Africa with the advancement of the National Digital Economy and e-Governance Bill 2025 at a landmark public hearing held at the National Assembly Complex in Abuja. The joint session, convened by the Senate and House of Representatives Committees on […]

South Africa’s National Treasury has unveiled a significant strategic pivot in its debt management approach, signaling an increased reliance on the domestic bond market to address a mounting wave of maturing debt obligations. The announcement, detailed in the medium-term budget policy statement released on Wednesday, reflects the government’s efforts to navigate complex fiscal challenges while […]

In a significant diplomatic and economic development, Egypt has taken concrete steps to deepen its comprehensive strategic partnership with China through a high-level knowledge exchange program that brought together government officials from both nations. The initiative represents a pivotal moment in bilateral relations, marking the operational activation of a crucial agreement signed earlier this year […]

South Africa has secured a $925 million loan from the World Bank to support a six-year nationwide urban revitalization program designed to restore basic municipal services, rebuild critical infrastructure, and improve governance in major metropolitan regions. The loan will back the government’s new Metro Services Trading Program, an initiative that incentivizes improved delivery of water, […]