West Africa

The African Export-Import Bank (Afreximbank) has recently unveiled an ambitious initiative: a $3 billion revolving credit facility designed to simplify fuel access for buyers in Africa and the Caribbean. This groundbreaking measure allows for more streamlined acquisition of essential fuel types, including petrol, diesel, and jet fuel, sourced directly from refineries across the continent. With a mission that touches not just economies, but communities, this initiative may reshape the energy landscape in profound ways.…

Recently, Uganda's President Yoweri Museveni expressed optimism following a meeting with representatives from Starlink, the satellite internet service provider. Describing the discussions as “productive,” he conveyed his appreciation for their mission to deliver affordable internet in regions that have faced connectivity challenges. “I commend their dedication to offering low-cost internet in hard-to-reach areas and establishing a footprint in Uganda. They are most welcome,” Museveni shared on social media…

The Human Cost of Crisis in Somalia Tragic news continues to unfold from Somalia, as data from the federal government and the United Nations paints a grim picture of an impending humanitarian catastrophe. Heightened levels of drought, persistent conflict, and skyrocketing food prices threaten to plunge a staggering 4.4 million individuals into hunger this year. This number represents nearly 23% of Somalia's population—a staggering statistic that demands urgent attention. The Heart-Wrenching Reality In…

A New Dawn for Africa's Economic Landscape As the chairman of a manufacturing facility in Mauritania, where we specialize in producing polyurethane foam, mattresses, and carpets, I have the privilege of witnessing the intricate tapestry of the African economy unfold. With a workforce of approximately 250 dedicated employees, my daily responsibilities encompass a diverse range of activities: I navigate the complexities of workforce management, embrace emerging technologies, source quality materials, and engage with…

Significant Leadership Changes in Somalia Mogadishu (AX) — In a noteworthy development, Dr. Workneh Gebeyehu, the Executive Secretary of the Intergovernmental Authority on Development (IGAD), has extended heartfelt congratulations to Abdisalam Abdi Ali on his recent appointment as Somalia’s Minister of Foreign Affairs and International Cooperation. This transition marks a pivotal moment for the country, as it seeks to navigate increasingly complex political landscapes and security challenges. In his message,…

Did you know that transportation is responsible for around 22% of total greenhouse gas emissions? Astonishing, right? Corporate fleets are accountable for a considerable portion of that share. In light of these pressing statistics, we’re excited to announce the official launch of Cabzero in April 2025. As Nigeria's premier all-electric fleet solution specifically designed for corporate transportation, Cabzero offers organizations a smarter, greener, and more cost-effective way to navigate staff mobility.…

In today's rapidly changing global landscape, financial independence from organizations like the International Monetary Fund (IMF) signifies more than just a badge of honor; it represents a vital strategy for growth and resilience. For many nations, especially in Africa, this kind of autonomy is not merely advantageous—it can be a game-changer in the face of adversity. Imagine a country that has successfully reduced its dependency on IMF funding. Such nations enjoy a broader horizon; their legitimacy and…

Mogadishu (AX) — In a commendable act of solidarity, the United Nations World Food Programme (WFP) has recently received a generous contribution of 138 metric tons of nutritious dates from the Kingdom of Saudi Arabia. This donation, facilitated through the King Salman Humanitarian Aid and Relief Center (KSrelief), is set to provide essential support to vulnerable communities in Somalia, where the shadow of hunger looms large. These dates, sweet and bursting with nutrients, will play a critical role in emergency food baskets…

Embracing Digital Payments: The Key to Growth in Africa In recent years, a noticeable shift has emerged across continents—from the bustling streets of Lagos to the vibrant markets of Kenya, and even reaching into American boardrooms. Businesses are increasingly recognizing that adopting digital methods is not merely an option; it's essential for growth and sustainability in today's fast-paced world. But what does this transition truly entail for small and medium enterprises (SMEs), freelancers, and online…

On January 20, President Donald Trump delivered a jolt to the global stage by announcing a freeze on the United States Agency for International Development (USAID) budget, which officially stands at a hefty $43 billion annually. This unexpected decision sent shockwaves around the world, particularly affecting nations already struggling with economic fragility. The reverberations were especially pronounced in Africa—a continent historically reliant on American development aid and favorable trade agreements. For…