Economy

Tensions Rise as Nigerian Minister Confronts Army Officer: A Deep Dive into Power Dynamics A viral video capturing a heated exchange between Nyesom Wike, Nigeria's Federal Capital Territory (FCT) Minister, and Lieutenant Ahmad Yerima, a junior army officer, has ignited discussions about authority, accountability, and public conduct among leaders. The incident, which revolves around a disputed plot of land, raises questions not only about the individuals involved but also about the broader implications for governance in…

South Africa tightens its inflation anchor — a test of credibility for monetary and fiscal policy South Africa’s National Treasury and the South African Reserve Bank have agreed on a new inflation objective: a 3% target with a one percentage point tolerance band. That shifts the nominal anchor to 3% (effectively a 2–4% acceptable range), and — according to reporting — is part of a fragile compromise between the Government of National Unity and the Medium Term Budget Policy Statement after three failed attempts to pass the…

Super Eagles Aim for Glory in World Cup Playoff Final As the sun sets over Morocco, a palpable excitement fills the air, accompanying the bustling streets leading up to the grand showdown. The Super Eagles of Nigeria stand on the brink of history as they prepare to battle the Democratic Republic of Congo (DRC) in the 2026 World Cup Africa Playoff Final this Sunday. The stakes couldn’t be higher; the victor will secure a place in the FIFA Intercontinental Play-off Tournament, a gateway to the prestigious 2026 World Cup. A…

Simandou Iron Ore Project: A New Era for Guinea In a significant development for West Africa's economic landscape, Rwandan President Paul Kagame and Guinea's military leader, Mamadou Doumbouya, have officially inaugurated the Simandou Iron Ore Project in Conakry. This historic project, often heralded as one of the largest mineral development initiatives globally, promises not only to reshape Guinea's economy but also to significantly influence the international iron ore market. A Long-Awaited Vision Decades in the making,…

G20 in Johannesburg: A test of multilateralism as the Global South takes the stage The 2025 G20 summit in Johannesburg will be historic: the first time the grouping meets on African soil. Under South Africa’s presidency and the banner "Solidarity, Equality, Sustainability," Pretoria aims to pivot the world’s premier economic forum toward issues that disproportionately affect the Global South — debt distress, climate resilience, and stark global wealth gaps. But the summit opens under an unusual cloud. President Donald…

Rising Diabetes Epidemic in Africa: An Urgent Call for Action As World Diabetes Day approaches on November 14, alarming new statistics from the World Health Organization (WHO) highlight an ongoing health crisis across Africa. The WHO has raised the alarm about the escalating rates of diabetes on the continent, which it attributes primarily to rapidly changing lifestyles, significant increases in overweight and obesity, and limited access to essential health services. The need for immediate attention and action cannot be…

South Africa allows 153 Palestinians to disembark after 12 hours held on plane South African authorities have permitted a group of 153 Palestinians who had been kept on board an aircraft for about 12 hours to leave the plane after it landed in Johannesburg, officials said. What happened The group arrived on a chartered Global Airways flight and was initially kept on the aircraft for roughly 12 hours, the Border Management Authority (BMA) said. After that period, BMA officials allowed the passengers to disembark and enter…

A Rising Tide of Terror: The West African Coast in Crisis As the sun rises over the sprawling landscapes of West Africa, a dark undercurrent looms. The once-thriving coastal regions are now grappling with an alarming surge in violence, driven by terror groups operating from the heart of the Sahel. In an effort to stem this tide of chaos, many African nations have fortified their borders, standing as a bulwark against the growing menace. The Sahel: A Hotbed for Terrorism The Sahel region, nestled between the Sahara Desert…

In Search of Justice: The Trial of Roger Lumbala Tshitenga As a tangible symbol of hope for accountability, the trial of former Congolese rebel leader Roger Lumbala Tshitenga opened its doors in Paris recently. It signifies a pivotal moment not only for the Democratic Republic of Congo (DRC) but also for the global fight against impunity for war crimes. Amidst the shadow of past atrocities from the Second Congo War (1998-2003), this courtroom drama unfolds with reverberations that could transcend borders and resonate deeply…

TotalEnergies’ $4.5 billion demand tests Mozambique’s post-conflict recovery When the French energy giant TotalEnergies pressed Mozambican authorities this month to cover U.S.$4.5 billion in “costs of closure” as a precondition for returning to its troubled northern operations, it handed a politically combustible problem to a country still wrestling with violence, displacement and fragile state finances. The demand — disclosed in a letter to the presidency and reported by Mozambican sources — bundles several company…