Africas

As the vibrant pulse of Senegal quickens in anticipation, the countdown to the Youth Olympic Games has truly begun. Slated to unfold over the course of two exhilarating weeks from October 31 to November 15, 2026, this monumental event aims to unite approximately 2,700 young athletes from across the globe. Can you imagine the excitement coursing through the veins of these budding champions, all eager to display their talents on an international stage? This year is particularly significant, as it marks the first time an…

Over the years, the digital world has witnessed an exhilarating rise in content creation, particularly on platforms like YouTube. In Africa, a diverse group of creators has carved out their spaces, captivating millions with their fresh perspectives and talents. Whether it's through music, entertainment, gaming, or culinary arts, these creators offer a unique lens into the vibrant cultures and creativity of the continent. The question is, what makes these creators stand out amidst the vast ocean of digital…

Imagine living in a world where you’re shielded from the capricious nature of global oil markets. Economies cushioned by stable and affordable fuel prices are like well-oiled machines running smoothly amidst the chaos of currency fluctuations and subsidy scrambles. They provide a predictable, steady climate where businesses and individuals can plan with confidence. But is it truly just about predictability? "The greatest wealth is to live…

Understanding Purchasing Power in African Nations It's a familiar story across many African countries: the struggle with low purchasing power arises from a web of complex issues. High levels of poverty overshadow progress, industrialization limps along, political landscapes ebb and flow, and access to the global market remains a great hope yet seen on the horizon. Let's consider Numbeo’s Purchasing Power Index, a useful compass in assessing where nations stand. This index breaks down…

Africa, a continent often painted with broad strokes of opportunity and challenge, is crafting a narrative of rapid economic ascendancy. Recent projections from the African Development Bank (AfDB) suggest that by 2025, several African nations will be climbing the ranks of global economic performance. This development promises to reshape not only the face of Africa but potentially shift some global economic dynamics as well. The momentum stems from targeted policies…

Aliko Dangote: The Rise of Africa's Wealthiest Titan Reflect for a moment on what it takes to nearly double one's wealth in a single year. Not just a modest increase, mind you, but an upsurge that pushes your financial power to an awe-inspiring $23.9 billion. This is the narrative of Aliko Dangote, a name that resonates profoundly not only across Africa but around the world. Today, standing proudly as the richest person on the continent, he commands a global ranking of 86th. How did he get…

Imagine waking up to find your bank account has nearly doubled overnight. For Nigerian billionaire Aliko Dangote, this scenario isn’t a dream—it’s reality. As of now, Dangote's fortune stands at a staggering $23.9 billion, earning him the title of the wealthiest person in Africa and placing him 86th on the global stage. Just a year ago, in 2024, Forbes had listed him in the 144th position worldwide with a net worth of $13.4 billion. Quite the leap, wouldn’t you say? So, what triggered this massive…

On the horizon looms a pivotal moment for South Africa’s fiscal landscape as Finance Minister Enoch Godongwana prepares to present the much-anticipated 2025 Budget Speech. This speech is more than just a financial outline; it serves as a reflection of the government's priorities, intricately aligned with President Cyril Ramaphosa's recent State of the Nation Address. The task ahead is daunting: how to strike a balance between fostering economic growth and providing essential social support, all while navigating the…

The small-scale fishers of Africa are a lifeline for many communities, providing not only food security but also vital income sources for countless families. Yet, a recent study published in Nature reveals a troubling reality: their voices and contributions are often overlooked in the halls of policymaking. How does this oversight impact both these fishers and the broader societal goals we aspire to achieve? Inland and marine fisheries are more than just economic activities; they are interwoven with the cultural fabric of…

In just a few days, President Cyril Ramaphosa will take center stage to deliver his eagerly awaited State of the Nation Address (SONA). This occasion holds added significance, as it will be the inaugural SONA since the establishment of the Government of National Unity (GNU) in South Africa. Anticipation runs high as the nation looks to Ramaphosa to illuminate his administration's roadmap for the coming year. The tone of his address is expected to revolve around pivotal themes such as economic rejuvenation, job generation,…