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Economy

Guinea’s Military Government Announces Date for Anticipated Referendum

In the wake of numerous unmet deadlines for reinstating civilian governance, the military junta, led by General Mamadi Doumbouya, has announced a new timeline: a referendum on a proposed constitution is now slated for September 2025. This announcement follows the junta’s seizure of power in 2021—a time filled with hope for some, yet frustration for others. For many, these developments raise a pertinent question: what does the future hold for a nation striving for democratic restoration? As the junta continues to consolidate…

Nigerian ‘Take-It-Back’ Movement Sets Stage for Resounding Demonstration

Despite a strong appeal from authorities urging them to reconsider, the organizers of the Take-It-Back Movement are resolute in their plans for a nationwide protest. Scheduled for April 7, this action is not merely a display of dissent; it is a reaction against what they perceive as an overreach by the Bola Tinubu administration. The Nigeria Police Force has denounced the timing of the protest, describing it as “ill-conceived and mischievous,” highlighting its coinciding date with the inaugural National Police Day…

How New U.S. Tariffs Were Determined and Their Implications for AGOA

President Donald Trump has characterized the tariffs imposed by the United States on various nations, including numerous countries in Africa, as "reciprocal." He presents these measures as not only fair but also as a form of magnanimity towards the targeted nations. Trump claims that the tariffs levied on American imports from these countries are significantly lower than the duties those same nations impose on U.S. exports. This assertion begs the question: Are we truly engaging in balanced trade, or are we merely shifting…

Rwanda Commemorates 31 Years Since Tragic Genocide That Claimed 800,000 Lives

On April 7, Rwanda solemnly observed the 31st anniversary of the 1994 genocide—a cataclysmic event that claimed the lives of approximately 800,000 people, predominantly from the Tutsi ethnic group, at the hands of Hutu militias. This year, the United Nations has formally recognized April 7 as the International Day of Reflection on the 1994 Genocide against the Tutsi. This designation marks the beginning of a hundred days steeped in remembrance, culminating in Liberation Day on July 4. It is a time for collective grief,…

Africa Cannot Afford to Miss the AI Revolution, Summit Participants Warn

In a fervent appeal to his fellow leaders across the African continent, President Paul Kagame of Rwanda has spotlighted the imperative of incorporating artificial intelligence (AI) into Africa’s roadmap for the future. He emphasized that the stakes for Africa are monumental, warning that if strategic measures are not implemented, the continent risks falling further behind in an era defined by technological advancement. Kagame articulated a compelling vision during a recent summit, asserting that Africa "urgently" requires…

Rwanda Uncovers Remains of 258 Genocide Victims on Land Linked to Perpetrators

The recent recovery of 258 victims from the 1994 Genocide against the Tutsi, as reported by Ibuka, the genocide survivors' association, has cast a somber shadow over Ngoma Sector in Huye District. This initiative to unearth long-buried truths began a fortnight ago, specifically in Matyazo Cell, Kamucuzi Village, where the harrowing discovery of four bodies was made within an abandoned pit latrine. Such sites, once commonplace due to the heinous acts that took place there, bear witness to unspeakable tragedies. The unearthed…

Ghana Launches the Region’s Most Extensive Floating Solar Initiative in West Africa

In recent developments, Ghana is embarking on an ambitious journey toward an energy transformation. In a nation where renewable energy currently comprises a mere 1% of the overall energy mix, authorities have set a target to elevate this figure to 10% by 2030. A striking step in this direction is the installation of a pioneering floating solar project on the expansive Volta River, a symbolic endeavor that showcases the ingenuity of Ghanaian engineers. Minister of Energy and Green Transition John Jinapor proudly declared…

EU Leader Calls New US Tariffs a Significant Setback for Global Economy

Ursula von der Leyen, the President of the European Commission, has expressed her concerns regarding the recent universal tariffs imposed by U.S. President Donald Trump. According to von der Leyen, these tariffs represent a significant setback for the global economy, predicting substantial hardships ahead: "This is a major blow to the world economy, which will suffer tremendously." President Trump has announced a new minimum tariff of 10% on most goods imported into the United States, with an even steeper 20% tariff on…

Ghana Bauxite Company Plans Refinery to Energize Economy

Ghana Bauxite Company Set to Transform Local Industry with New Refinery Embarking on a significant journey towards industrialization, Ghana Bauxite Company is taking bold strides to maximize the potential of its raw materials. In the heart of this transformation lies a towering ambition: the establishment of a cutting-edge bauxite refinery right here in Ghana. Such a move isn't merely business as usual—it's a testament to the country’s drive to ascend on the industrial ladder, enhancing…

Liberia Seeks Rematch with Tunisia in FIFA 2026 Qualification Showdown

In the world of football, where passion and national pride intertwine, the football governing body, FIFA, has recently received a formal complaint from Liberia. The issue at hand involves what Liberia perceives as questionable officiating during their qualifying match against Tunisia on March 19. The match, which had everyone on the edge of their seats, ultimately ended in disappointment for Liberia. Referee Clement Franklin Kpan hails from Ivory Coast, and now, his decisions during the match are under scrutiny. FIFA has…

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