Africas

Understanding the Complex Landscape of South Sudan's Debt Crisis In a significant legal development, a petition has been filed in a U.S. court in Washington, D.C., stemming from South Sudan's failure to repay a staggering $700 million loan obtained from Qatar during one of its most tumultuous periods, the civil war. With accrued interest and penalties, this debt has now surged beyond the billion-dollar mark, raising pressing questions about fiscal responsibility and the implications of sovereign debt crises.…

As we navigate through an increasingly digital world, Africa finds itself at the forefront of a remarkable transformation within the iGaming sector. Currently recognized as one of the fastest-growing frontiers in this industry, projections suggest an annual growth rate of approximately 5–6% through the remainder of the decade. The surge in connectivity, coupled with the widespread adoption of fintech solutions, has enabled online gambling platforms to engage a continually expanding audience. A fascinating trend…

The Current Landscape of Fuel Prices in Ghana: A Closer Look The landscape of fuel prices in Ghana seems complex, yet at the heart of it lies a noteworthy paradox. Even amidst a remarkable appreciation of the Ghanaian cedi by 24% since January 2025, fuel prices have remained high. It's almost as if the very currency gains have created an illusion of affordability, while consumers at the pumps still feel the sting of rising costs. As reported by GlobalPetrolPrices.com, the current fuel price in Ghana stands at an…

The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) has recently issued a revised humanitarian appeal, requesting a staggering $29 billion. This figure underscores a significant and troubling adjustment, emphasizing drastic budget cuts from earlier projections that reflect an increasingly daunting reality. In a statement posted on its official X page, OCHA expressed the urgency of this situation, stating: "We have been forced to re-prioritize our work. Brutal 2025 funding cuts mean…

In an era marked by global uncertainty, Exposé was not merely established; it was forged. As the world hit the pause button, this African-born agency sprung into action. It began to construct a fresh dialogue of engagement, one that resonated when the existing narratives fell short. In just five short years, Exposé has done more than create campaigns; it has sparked cultural movements. Its influence stretches from Lagos to various corners of the globe, echoing through every brand that aspires to do more than just…

In the fluctuating realm of currency exchange, the recent developments concerning the Ghanaian cedi have certainly caught the attention of many. The Bank of Ghana's official exchange rates have taken a troubling turn, effectively wiping out the modest gains that were achieved earlier this month. As the cedi continues its struggle against the dollar, one has to wonder: what are the underlying factors feeding this disheartening trend? This reversal comes after several weeks of cautious optimism buoyed by central bank…

The Ripple Effects of Conflict: Egypt's Economic Struggles Amidst Regional Turmoil The current geopolitical climate between Iran and Israel has escalated tensions, with repercussions that extend far beyond their borders. At the center of this turmoil, Egypt finds itself in a precarious position, facing immediate economic challenges that are impossible to ignore. The instability in the region has reverberated through various markets, hitting Egypt's banking industry hard. Sadly, this was no surprise given the country's…

The Next Chapter for Dangote Sugar Refinery: Leadership Transition Announced On a momentous Wednesday, a statement signed by the company’s secretary, Temitope Hassan, set the stage for a significant transition within Dangote Sugar Refinery Plc. It marked the end of an era as the company announced the retirement of its esteemed Chairman, Alhaji Aliko Dangote (GCON), effective June 16, 2025. "In line with the principles of good corporate governance and succession planning, Dangote Sugar Refinery Plc hereby announces the…

Zimbabwe's Strategic Shift in Lithium Exports: A Bold Move Toward Local Processing Zambia is set to implement a significant change in its mineral export policy by banning the export of lithium concentrates starting January 2027. This decision, announced by Mines Minister Winston Chitando, is part of a broader initiative aimed at enhancing local value addition within the mining sector. “With effect from January 2027, the export of lithium concentrates will no longer be allowed,” he stated during a press briefing in Harare.…

Engineering with Purpose: Lawal's Approach to System Design “My engineering philosophy is driven by three key principles,” Lawal begins, his voice steady yet passionate. “First and foremost, there should always be clarity regarding the system being built. It's essential that the system remains understandable not just to me, but also to other engineers and future maintainers.” This unwavering belief in clarity lies at the very core of Lawal's coding practices and architectural choices. “I consciously steer clear…