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Eye on Africa

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Egypt to Divest Shares in Military-Run Enterprises

In an ambitious stride towards economic revitalization, Egypt has announced plans to sell stakes in several key military-owned enterprises through its sovereign wealth fund, valued at an impressive $12 billion. The companies in question include some noteworthy names: Safi, Wataniya Petroleum, Chillout, Silo Foods, and the National Company for Road Construction. This announcement from the Cabinet on Wednesday marks a significant chapter in Egypt's economic narrative. Why now, one might wonder? This move aligns with…

Ethiopia and North Western State of Somalia Boost Berbera-Addis Trade Route

The Strategic Corridor: Enhancing Connections Between Ethiopia and North Western State of Somalia In the heart of the Horn of Africa, a transformative project is underway, promising to strengthen economic ties and foster community integration across this vibrant region. As Jigjiga's Mayor, Engineer Shafi Ahmed Maalin, eloquently pointed out, This is a vital route for Ethiopia and North Western State of Somalia and for strengthening economic cooperation across the Horn. Such infrastructural endeavors often raise a critical…

Ghana Encouraged to Broaden Trade Beyond U.S. to Offset Tariffs

Reshaping Trade Pathways: Ghana's Strategic Move Beyond the U.S. Imagine a nation at a crossroads, one teetering on the brink of a dynamic change in its economic strategy. Ghana finds itself in such a scenario, striving to brace its economy against the turbulent waves of global trade shifts. The crux of the matter lies in diversification—or as the economic think tank IMANI Africa earnestly puts it, an "essential cushion" against the menacing tides of external trade shocks. Picture this:…

Saalax Sanaag Triumphs with Dual Honors at Africa Arts Awards

Celebrating Artistry: Saalax Sanaag's Triumph at the Africa Arts Entertainment Awards In a vibrant fusion of culture and celebration, Saalah Abdirisaq Mohamed, more popularly hailed as Saalax Sanaag, has ascended the ranks of African music stardom. At the 2025 Africa Arts Entertainment Awards in Nairobi, Kenya, Saalax won double accolades: Best Somali Artist and Most Dedicated Performer in East Africa. Is this recognition just another token, or does it herald a rebirth for Somali music on the international stage?…

Somali Hero in German Knife Incident Granted Residency

Heroic Asylum Seeker Retains Hope in Germany In an inspiring twist of fate, a Somali asylum seeker whose bravery saved lives during a tragic knife attack in Germany's Aschaffenburg has been granted a reprieve from deportation. The Bavarian authorities made this announcement on Monday, marking a significant shift from previous declarations to deport him. At the heart of this story is Ahmed Odowaa, a 30-year-old Somali national who, on January 22, 2023, intervened in a chilling attack that claimed the lives of a…

Africa’s Priciest City Embarks on $64B Housing Overhaul

Cape Town: Balancing Luxury with Accessibility Isn't it fascinating how a city can be both a place of opulence and a land of opportunity? Cape Town, known for its breathtaking landscapes and vibrant cultures, stands as Africa's priciest city for real estate. It's where luxury meets the unstoppable drive of thousands seeking a fresh start. But here lies the bittersweet truth: as more people flock to the city, anticipating the classic notions of a better life, the stress on residential developments is…

Northeastern State Launches ID Agency, Declines Federal Initiative

An Emerging Hope for Governance: The National ID System in Somalia Imagine a world where accessing government services is as smooth as a gentle breeze, where identity verification is but a scan away. In Somalia, this vision is rapidly becoming a reality under the determined guidance of Prime Minister Hamza Abdi Barre. "A platform for development—politically, economically, and in terms of governance," Barre calls it, recognizing the national ID system as the cornerstone for modernizing governance, bolstering…

UK Startups Stealthily Thrive in African Tech Markets

OX Delivers: Flat Pack Trucks Driving African Trade Let me introduce you to OX Delivers, an ambitious and pioneering British startup that has made significant strides in the world of electric mobility. The brilliance behind their enterprise lies in their creation of the world’s first flat-pack electric truck tailored specifically for the unique challenges of the Global South. But what truly sets OX Delivers apart is their novel "transport as a service" model—an idea that feels almost…

U.S. Coup Plotters Evade Execution in Congo, Return Safely

Intrigues and Diplomacy: A Tale of Prisoner Releases in the DRC The corridors of power often resonate with tales of negotiations and diplomacy, where deals are crafted behind closed doors, altering the fate of nations and individuals alike. In the heart of Central Africa, a recent development has reminded us of this age-old dance. The Congolese presidency just unveiled a decision steeped in such intrigue: the release of coup plotters as a result of diplomatic discussions centered around security and mining agreements…

Ghana’s Revenue Dips by GH¢7.1 Billion After Tax Cuts

Recent analysis paints a sobering picture for policy makers in Ghana. Projected reforms aimed at alleviating the financial stress on its populace and businesses are estimated to drain the nation's coffers, leading to a revenue loss somewhere between GH¢5.5 billion and GH¢7.1 billion. But what does this mean for the nation's economic blackboard? While many acknowledge potential advantages in the short term, such as tax reductions on pivotal goods and services for low-income households, Professor Boadi,…

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