Faith Nyasuguta A week after an attempted coup shook Burkina Faso, tensions are still running high in the capital, Ouagadougou, especially among the armed forces. According to local media, a meeting that was set for April 22 at the army’s general staff headquarters was first delayed and then completely cancelled after the invited officers did […]
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Faith Nyasuguta South Africa’s richest man, Johann Rupert, has quietly expanded his fortune by more than $1 billion in 2025, solidifying his position as one of Africa’s most powerful industrialists. His financial surge reflects both the strength of his luxury empire and the broader resurgence of Africa’s billionaire class. According to Bloomberg’s Billionaire Index, Rupert’s […]
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Faith Nyasuguta The European Union (EU) generated approximately €56 million from visa application fees paid by Africans whose requests were ultimately rejected in 2023, a new report has revealed. The amount, which represents 43% of all revenues from rejected visa applications globally, has sparked criticism over what analysts describe as a growing intercontinental economic imbalance. […]
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Faith Nyasuguta Malawi’s $350 million Transport and Land Compact has officially collapsed following the shutdown of the Millennium Challenge Corporation (MCC), the U.S. foreign aid agency that was financing critical road projects across the country. The MCC is currently winding down its operations globally after a federal directive from the Trump administration, aimed at reducing […]
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Faith Nyasuguta A U.S. mining company backed by billionaires Bill Gates and Jeff Bezos is expanding its footprint in the Democratic Republic of Congo (DRC), seeking to tap into the country’s rich reserves of rare minerals critical for the global energy transition. Berkeley-based KoBold Metals, supported by Gates’s Breakthrough Energy Ventures and investors like Bezos […]
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Faith Nyasuguta South African President Cyril Ramaphosa has confirmed a phone conversation with U.S. President Donald Trump, in which the two leaders discussed strained bilateral relations and the urgent need to end the war in Ukraine. The call comes amid growing tensions between the two countries since Trump’s return to the White House in January. […]
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Faith Nyasuguta On Thursday, King Mohammed VI of Morocco officially launched the construction of the Kenitra-Marrakech high-speed rail (HSR) line, marking a significant milestone in the nation’s infrastructure development. This 430-kilometer corridor aims to connect key cities, Rabat, Casablanca, and Marrakech, enhancing mobility and economic integration across the region. The Kenitra-Marrakech HSR line is a […]
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Faith Nyasuguta Africa’s richest man, Aliko Dangote, has accepted an invitation to join the World Bank’s Private Sector Investment Lab, an initiative aimed at scaling private investment and job creation in developing countries. The announcement was made on Wednesday as part of the Lab’s expanded second phase, which now includes top global industry leaders with […]
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Faith Nyasuguta Rwanda has officially confirmed that it is in early-stage discussions with the United States over a potential minerals access agreement, marking a notable shift in Washington’s engagement with African resource-rich nations. This initiative is part of the U.S. strategy to secure critical minerals needed for high-tech manufacturing and the global energy transition, particularly […]
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Faith Nyasuguta The Democratic Republic of the Congo (DRC) and the M23 rebel group, part of the broader Alliance Fleuve Congo (AFC), have agreed to stop fighting and work toward a truce aimed at halting the conflict that has ravaged eastern Congo since the start of 2024. This marks the most tangible breakthrough in years […]
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