The Port of Lomé, Togo’s dynamic maritime gateway and now officially recognized as Africa’s fourth busiest container port, is rapidly emerging as a critical nexus for international trade, drawing significant and renewed attention from the United States. Positioned strategically on West Africa’s Atlantic coast, the port is being championed by U.S. officials as an indispensable […]

In a significant statistical overhaul, Nigeria, Africa’s most populous nation, has announced a substantial recalculation of its Gross Domestic Product (GDP), revealing an economy approximately 30% larger than previously estimated. This marks the first major statistical “rejig” in over a decade for the West African powerhouse, aiming to provide a more accurate and contemporary reflection […]

Nigerian billionaire Aliko Dangote, Africa’s richest man and industrial titan, has issued a stark warning: a deluge of discounted Russian petroleum products is inundating African markets, posing a significant threat to the continent’s nascent and emerging refining industry. This influx, driven by Western sanctions on Moscow, risks undermining Africa’s long-held ambition for energy self-sufficiency and […]

In a momentous declaration signaling its ambitious future, Tanzania has officially unveiled its comprehensive long-term development blueprint, Vision 2050. Launched this week by President Samia Suluhu Hassan in the capital Dodoma, the visionary plan sets an audacious target: transforming the East African nation into an upper middle-income country with a staggering $1 trillion GDP by […]

The Nigerian equities market has once again captured headlines, with its capitalization soaring past the N82 trillion mark (approximately $53 billion, based on prevailing exchange rates) on Thursday. This remarkable surge, driven by a sustained rally in bellwether stocks, underscores a period of heightened investor confidence and strategic positioning within Africa’s largest economy. The Nigerian […]

Angola, long recognized as a powerhouse in African oil production, is now poised to emerge as a significant player in the global natural gas sector following a groundbreaking discovery in the offshore Lower Congo Basin. The exploration well, named “Gajajeira-01,” has uncovered substantial natural gas reserves and associated condensates, signaling a pivotal shift in the […]

South Africa has officially lifted its import ban on live poultry and poultry products from Brazil. The decision, follows the successful containment of a Highly Pathogenic Avian Influenza (HPAI) outbreak in Brazil’s Rio Grande do Sul state, a critical poultry-producing region. This resolution comes after a series of intensive bilateral discussions and a thorough review […]

A monumental undertaking spanning two East African nations, the East African Crude Oil Pipeline (EACOP) project is now entering its critical final phase, a “12-month sprint” that promises to usher Uganda into the exclusive club of oil-exporting countries by the second half of 2026. With approximately $3.6 billion already invested, this ambitious cross-border infrastructure project […]

In a monumental stride forward for its economic liberalization and financial modernization, Ethiopia today officially launched its long-awaited securities exchange. This historic event marks the introduction of a secondary market for government treasury bills (T-bills) in electronic form, signaling a profound transformation in how the nation mobilizes domestic capital and integrates into the global financial […]

South Africa’s vital agricultural sector is bracing for significant headwinds following the recent announcement by the U.S. government of a steep 30% tariff on South African exports, effective August 1, 2025. This move, described by AgriSA as a “wake-up call” for the nation’s trade policy and agricultural sector, casts a long shadow over high-value commodities […]