Business and Finance

New Afreximbank chief vows to turn raw exports into homegrown industry — but the path is steep In a stately ceremony in Cairo on Oct. 25, Dr. George Elombi took the oath as president and chairman of the African Export-Import Bank (Afreximbank), laying out a mission that is at once technical and deeply political: to break a continent’s dependence on exporting raw materials and instead build the factories, ports and skills that keep wealth in Africa. "To change the structure, we must process. We must produce. Unless we…

In Durban, Africa's public health debate turns from aid to agency Durban — Delegates in brightly patterned shirts and surgical scrubs threaded their way through the humid corridors of the conference centre here, trading phone numbers, business cards and the kind of blunt, practical advice that follows crises. This was not a glossy health summit but a working room: ministers, nurses, start‑up founders, community health workers and WHO officials convened for the 4th International Conference on Public Health in Africa (CPHIA)…

Violence erupts as social-media-fuelled gold rush swamps northwestern Zambia Hundreds of police clashed with thousands of informal miners this week in northwestern Zambia after viral posts claimed gold lay just beneath the surface across a wide rural swathe. The sudden influx — tens of thousands of people by local estimates — overwhelmed local authorities, sparked allegations of bribery and violence, and prompted a delegation of senior ministers to the scene in a bid to restore order. Officials said security forces had…

Unlocking Potential: U.S.-Liberia Relations and the Minerals Frontier In the muted halls of Washington, a significant dialogue unfolded last week that highlights the intricate dance of geopolitics and resource diplomacy. U.S. Secretary of State Marco Rubio met with Liberian Foreign Minister Sara Beysolow Nyanti, discussing the expansion of American interests in Liberia's critical minerals sector. This meeting is more than just a diplomatic handshake; it symbolizes a burgeoning relationship that could redefine not just…

In Johannesburg, women leaders bridge generations and push for jobs — and a celebration crowns three days of purpose Johannesburg — For three days in mid‑October, a gathering of activists, funders, policymakers and entrepreneurs threaded personal histories into public strategy at the Women Create Wealth Summit. Hosted by the Graça Machel Trust from Oct. 13–15, the conference stitched together urgent conversations about jobs and intergenerational leadership with a softer, human purpose: to lift and celebrate the women who…

African Cinema: A Resurgence of Culture and Identity African cinema has always been a rich tapestry, woven together with the threads of diverse stories and vibrant cultural expressions. Recently, however, this medium has witnessed an extraordinary renaissance, one that not only highlights the unique narratives of the continent but also asserts its place on the global stage. Central to this movement is the Film Africa festival, an event that serves as a crucial bridge connecting African filmmakers to international audiences.…

A generation protests in Morocco: from delivery-room tragedies to demands for dignity What began as local outrage over the deaths of pregnant women during Caesarean sections has rippled into a broader youth-led movement in Morocco, forcing the kingdom to confront persistent gaps between its gleaming skylines and the battered public services most citizens rely on. Under the banner of GenZ 212 — a name that nods to Morocco’s international dialing code and a generation connected online — young people are calling for better…

Dozens killed as overloaded bus plunges off Limpopo highway near busy Beitbridge border At least 43 people died and dozens more were injured after an overloaded long-distance bus veered off South Africa’s N1 highway and ran into an embankment early Friday near Makhado in Limpopo, roughly 100 kilometres from the Beitbridge border post with Zimbabwe, officials said. The bus was travelling to Harare after departing from Port Elizabeth, picking up passengers at stops along the route. Authorities initially recorded 91 people…

Zimbabwe’s crocodile industry inches forward, raises questions about jobs, conservation and value What sounds at first like an exotic sideline to traditional agriculture is quietly becoming a fixture of Zimbabwe’s export economy. Over the past two years crocodile skin exports have inched up from US$32 million to US$34 million, Deputy Minister of Lands, Agriculture and Fisheries Davis Marapira told reporters — a modest rise that nonetheless signals a sector pushing for a larger role in foreign exchange earnings and rural…

Negotiations on the Brink: Nigeria's Academic Crisis Deepens In the heart of Nigeria, a looming confrontation between the government and its academic staff is stirring discontent. As tensions rise over the impending strike action by the Academic Staff Union of Universities (ASUU), the government has escalated its rhetoric, asserting a stringent 'No Work, No Pay' policy. This warning, directed at faculty members set to initiate protests on October 13, highlights a complicated saga of negotiation, trust, and the future of…