Category: Africa
APRM Praises Zimbabwe’s Key Economic Reforms
By: David Shoombe Key findings on the Zimbabwe Targeted Review Report presented by Ambassador Aly El-Hefny, highlighted the progress achieved in strengthening economic governance. The strengthening was achieved via improved public financial management, improvement in anti-corruption and anti-money laundering…
The European Union Bans the Purchase of Sudanese Gold
By: Helmut Mahongo The European Union will no longer buy Sudanese gold, according to a press release published on Monday this week. The decision to ban the purchase, import or transfer of gold originating from Sudan is…
Africa: Lowest Recipient of FDIs in 2025
By: David Shoombe The World Investment Report 2026 indicated that there were no African countries among the world’s top 20 Foreign Direct Investment (FDI) host economies in 2025. Namibia and its offshore oil exploration flows did…
DRC to Launch Kinshasa Stock Exchange
By: David Shoombe The Democratic Republic of the Congo (DRC) is preparing to launch its first stock exchange, the Kinshasa Stock Exchange (KSE), a move expected to strengthen the country’s financial infrastructure. The move follows the country’s successful…
Burkina Faso, Mali, Niger Withdraw From ICC
By: Helmut Mahongo Following applications dating back to 2025, Burkina Faso, Mali and Niger have officially withdrawn from the International Criminal Court (ICC) The International Court of Justice recently shared its concerns over the withdrawal of the three…
SACU Members Agrees to Deploy N$5 billion to New Fund
By: David Shoombe The 9th Summit of the Southern African Customs Union (SACU) Heads of State has agreed to establish a Regional Innovative Funding Mechanism with an initial capitalisation of N$5 billion spread over the 2027/28 and 2028/29…
2026 FIFA World Cup: Historic Moment for African Football
By: Hee-Dee Walenga Before a single ball was kicked, the 2026 FIFA World Cup was set to be a historic one for Africa. For the first time, ten African teams participated in the World Cup. As the group stage…
Guinea Bans Raw Gold Exports
By: David Shoombe Guinea has become another of Africa’s nations to ban the export of raw materials, instead focusing on domestic processing and value addition. This decision came with a stern warning for foreign companies operating in the…
2026 FIFA World Cup Match Day 1: Africa Performs With Pride
By: Hee-Dee Walenga The 2026 FIFA World is in full swing. The 23rd edition of the world’s favourite sporting event is a historic one for Africa. For the first time, there are ten African nations participating at the…
The Intra-African Question: Cross-Border Payments or Monetary Union?
By: Nghiinomenwa-vali Hangala It has been found that a trader in one African country may find it difficult or expensive to pay a supplier in another African country directly in either party’s currency. The transaction often has to…