African

Insights from the Latest OPEC Report: Navigating the Changing Landscape of Oil Prices The latest report from the Organization of the Petroleum Exporting Countries (OPEC) unveiled some intriguing insights into the dynamics of global oil markets. In May, the OPEC Reference Basket (ORB) saw a notable decline, falling by $5.36—or 7.8%—to settle at $63.62 per barrel. The fluctuation in oil prices invariably affects economies and consumers alike, leaving one to ponder: what does this mean for the average individual and the…

Yesterday, Windhoek was abuzz with excitement as the second edition of the Global African Hydrogen Summit was officially announced. Scheduled for 9 to 11 September 2025, this international gathering will unfold under the ambitious theme: “Ambition in Action: Fuelling Africa's Green Industrial Revolution.” This summit not only aims to showcase innovative energy solutions but also seeks to reposition Africa at the forefront of the global energy transition. But why hydrogen? Amidst the escalating concerns over climate change…

African Trade: A Resilience Story After a challenging year in 2023, the winds are changing for trade among African nations. As we step into 2024, intra-African trade has surged impressively by 12.4%, reaching an eye-catching figure of $220.3 billion. This rebound encapsulates not just numbers; it conveys a spirit of resilience that echoes the diverse experiences across the continent. However, how did we emerge from the shadows of a 5.9% drop the previous year?…

2025 Global Peace Index: A Declining Trend in Global Peacefulness The 2025 Global Peace Index (GPI) presents a stark reality: for the 13th time in the last 17 years, global peace is on the decline. Over the past year alone, the average level of peacefulness has taken a hit, decreasing by 0.36%. It’s a sobering statistic that signals the sixth consecutive year where we witness a slip in global tranquility. What has led us to this state? And what does it mean for our collective future? While much of the world’s focus has…

Exploring the Impact of Economic Sanctions on African Nations For decades, African countries have found themselves on the receiving end of various sanctions imposed by international entities such as the United Nations (UN), the European Union (EU), and the United States. Why has this continent become a focal point for such measures? It's essential to recognize that sanctions are often employed to advance specific foreign policy objectives. However, the implications of these actions reach far beyond the political…

Borrowing, at times, becomes a necessary tool for countries striving to enhance their development. However, the ability to maintain a modest, year-over-year increase in government debt reflects the sophistication of a nation’s economic management. It signals macroeconomic stability and lays down the foundation for long-term resilience. Imagine a tightrope walker, balancing carefully with each step—this is what prudent borrowing feels like in the context of national economies. Across the rich tapestry of Africa,…

When we talk about GDP per capita, we often think about raw numbers, economic theories, and statistics. However, this figure conveys a deeper narrative—one that reflects the lived experiences of ordinary people within a nation. It serves as a powerful lens through which we can view not only a country’s economic health but also the realities that its citizens face daily. In many regions across Africa, GDP per capita illustrates a persistent struggle. The rich potential of these nations often sits alongside…

As we move deeper into 2025, an increasing number of African nations find themselves grappling with the weight of their financial commitments to the International Monetary Fund (IMF). The road toward fiscal stability seems to be riddled with challenges that threaten both economic and social progress. In countries such as Ghana and Malawi, the solutions offered through IMF-supported programs have often manifested in painful austerity measures. These measures, while intended to stabilize economies in the long run, tend to…

Africa's Defense Spending: A Strategic Imperative The necessity of enhancing defense budgets in African nations is becoming increasingly evident. Such investments will empower countries to bolster their military capabilities, safeguard national sovereignty, protect vital infrastructure, and uphold internal stability. In a continent grappling with numerous threats, both external and internal, the conversation around defense spending is not merely a fiscal one; it’s fundamentally tied to survival and resilience.…

As we cast an eye over the academic landscape of Africa, it's clear that remarkable strides are being made. Notably, the top four institutions on the continent are all located in South Africa, with an impressive six of the top ten universities calling the country home. Egypt, too, has made a significant mark, featuring three of its own in the elite ranks. The latest QS World University Rankings for 2026 are more than just a set of numbers; they reflect an evolving narrative of educational advancement across the continent.…