Category: Africa
ECOWAS To Launch a Single Currency By 2027
By: Helmut Mahongo The Economic Community of West African States (ECOWAS) has reaffirmed plans to launch a single currency dubbed the ECO by next year. The union announced this after its 69th ECOWAS summit of Heads of State…
Fragmented Systems Cost Africa Around US$100 billion Annually
By: Dwight Links The African Continental Free Trade Area (AfCFTA) has noted that Africa’s fragmented systems are costing the continent billions in intra-trade, investment and convenience. Wamkele Mene, secretary-general for the AfCFTA, said this last week during a partnership…
Africa needs $ 1.4 Billion to End Ebola
By: David Shoombe African governments have been informed that the continent needs US$1.4 billion to end the Ebola outbreak in central Africa. This was revealed during the African Union (AU) Extraordinary Session Assembly on Ending AIDS by 2030…
SADC Calls for Increased Investment in Energy Infrastructure …Africa trails with only 50% electrification rate
By: Helmut Mahongo The Southern African Development Community (SADC) Deputy Executive Secretary for Regional Integration, Makombo N’Tumba, called for increased investment in energy infrastructure. N’Tumba said this in her introductory remarks at the recently held 44th Joint Meeting…
Continental Regulator to Collaborate on Substandard and Falsified Medical Products
By: Helmut Mahongo The African Medicines Agency (AMA) and Medicines for Africa (MFA) signed a Memorandum of Understanding (MoU) on combating the rise in the use of substandard and falsified medical products. The MoU, which was signed in…
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…