West Africa

In a striking development for the global uranium market, French uranium miner Orano has raised alarms regarding its majority-owned joint venture, SOMAIR, in Niger. The company foresees an impending bankruptcy, a situation exacerbated by a year-long series of export restrictions enforced by Niger's military-led government. Niger, a nation that contributes around 4% to global uranium production, has historically been a vital supplier for Orano—a notable force in the nuclear energy sector. This relationship,…

Upcoming US-Africa Summit: A New Chapter in Relations The anticipation surrounding the upcoming summit in Washington is palpable, as media outlets such as Semafor and Africa Intelligence confirm that heads of state from several Western and Central African nations will convene for an important dialogue. This summit promises to tackle pressing issues like trade, regional security, and investment opportunities that could dramatically reshape U.S.-Africa relations. Among the notable attendees is former President…

The Executive Board of the International Monetary Fund (IMF) is set to examine Ghana's fourth review of its $3 billion Extended Credit Facility (ECF) programme on July 7, 2025, in Washington, D.C. This meeting represents a critical moment for Ghana, as the outcome could have significant implications for the nation's economic trajectory. Ghana Meets All Conditions Ahead of Review Sources close to the proceedings indicate that Ghana has successfully met all conditions crucial for this upcoming review. This positions the…

Ghana's Inflation Trends: A Positive Shift Recent data from the Ghana Statistical Service indicates a significant decrease in annual inflation, which saw a sharp drop to 13.7% in June, a notable change from the preceding figure of 18.4% in May. This development marks the sixth consecutive month of decline and represents the lowest inflation rate recorded since late 2020. On the bustling streets of Accra, the cedi has held steady at 10.35 to the dollar as of 10:19 a.m. this morning. Observing the currency's…

The waves of change in international relations often ebb and flow unpredictably. Just recently, Kenya and the United Kingdom took a significant leap forward in their partnership by introducing six additional flights each week between Nairobi and London. This initiative, championed by President William Ruto, aims to address ongoing challenges in both cargo transportation and passenger travel—challenges that have at times felt like insurmountable hurdles in the rapidly evolving landscape of global commerce. This agreement…

The Bank of Ghana (BoG) has recently taken a significant step forward by disbursing $20 million to ten Bulk Oil Distribution Companies (BDCs). This initiative, part of a strategic foreign exchange (FX) forward auction, underscores the central bank’s continuous commitment to stabilizing the Ghanaian cedi and securing reliable fuel supplies in the country. As we reflect on these collective efforts, one has to wonder: how do such financial maneuvers influence our daily lives and the economy at large? Fixed Rate Auction: A…

Tragedy Strikes: African Union Helicopter Crash in Mogadishu On a seemingly ordinary Wednesday morning, July 2, 2025, a tragic event unfolded at Aden Adde International Airport in Somalia’s capital, Mogadishu. An African Union military helicopter, under the auspices of the African Union Support and Stabilisation Mission in Somalia (AUSSOM), faced a catastrophic accident while attempting to land, resulting in the loss of at least three lives. This incident not only underscores the perilous nature of military operations in…

**Arab Parliament Speaker Congratulates Somalia on National Day** Mogadishu (AX) — In a heartfelt gesture, Mohammed bin Ahmed Al Yamahi, the Speaker of the Arab Parliament, has extended his warmest congratulations to the leadership, government, parliament, and citizens of the Federal Republic of Somalia. This acknowledgment comes in celebration of Somalia's 65th Independence Anniversary, a momentous occasion commemorated this past Tuesday. In his message, Speaker Al Yamahi aptly characterized this anniversary as a pivotal…

The recent helicopter crash at Aden Adde International Airport in Mogadishu, Somalia, has cast a somber light on aviation safety amidst ongoing conflicts and political challenges. It serves as a striking reminder of the unpredictable nature of both human endeavors and natural circumstances. Ahmed Maalim, the head of the Somali Civil Aviation Authority, shared critical updates with the BBC. He confirmed that at least eight individuals were on board the ill-fated aircraft at the time of the crash. While the…

Celebrating 65 Years of Independence: A Testament to Resilience and Unity Mogadishu (AX) — This year's celebration resonates with a unique vibrancy as the Federal Republic of Somalia marks its 65th Independence Anniversary. Recently, James Swan, the United Nations Secretary-General’s Special Representative for Somalia, alongside Mahmoud Ali Youssouf, the Chairperson of the African Union Commission, extended their warm congratulations to the Government and people of Somalia. It is a moment rich with historical…