African News
Daba Finance Weekly Market Digest: June 29 – July 05 African financial markets concluded the week of June 29 to July 05 with a notably constructive tone, highlighted by continued rallies and significant growth across several exchanges. The BRVM Composite Index specifically recorded an impressive gain of +2.2%, nearing the 460-point mark and demonstrating sustained…
Minister of international relations and trade Selma Ashipala-Musavyi says Namibia is a safe investment environment that provides access to the entire southern African market. Speaking on Monday at the Namibia-China business forum as part of the president’s state visit to China, Ashipala-Musavyi said Chinese companies should consider Namibia for investments in clean energy technology, battery…
Burkina Faso Military Accused of Trapping Civilians in Besieged Areas In Burkina Faso, civilians and aid workers said that the military is preventing people from leaving towns under siege by jihadist groups, forcing residents to stay in perilous conditions of hunger, insecurity and lack of access to basic services. Soldiers have turned people away from military…
Libreville — The World Bank Group (WBG) has appointed Mr. Sylvain Kakou as Country Manager for the Republic of Gabon. This appointment reflects the WBG’s commitment to strengthening country-level leadership and enhancing the development impact of its programs. In his new role, Mr. Kakou will work to strengthen partnerships with the government, private sector, civil…
Washington — The World Bank Group has approved US$225 million in financing for the Integrated Urban Development and Resilience Project for Jobs (PRODUIRE2) to strengthen climate resilience, improve infrastructure, and create more and better jobs in Greater Antananarivo and Greater Toamasina. Madagascar’s rapidly growing cities face mounting challenges. In early 2026, cyclones Fytia and Gezani…
Addis Ababa — Ethiopian Deputy Prime Minister Temesgen Tiruneh said Africa’s health challenges require African led solutions rooted in the continent’s own realities and urged for stronger research, innovation and collaboration to build resilient health systems and improve healthcare outcomes across Africa. Speaking at the MedEdAfrica 2026 Conference in Addis Ababa under the theme “Advancing…
Disembarking at an airport in Cameroon a few weeks ago, two Cameroonian women shook with fear. They had fled their country over a year before to seek asylum in the United States, but were summarily deported from the US to Equatorial Guinea, whose authorities sent them back to Cameroon. Both women had been previously granted…
Described as “sometimes modest, sometimes historic,” UN special political missions have quietly been preventing the escalation of conflicts during the organization’s 80-year history, becoming a key instrument for maintaining peace. Many of the United Nations’ biggest successes are the crises that never make the headlines. Around the world, special political missions work quietly to ease…
If you want to understand how protest cycles evolve, look not at the crowds but at the empty streets. On June 25, 2026, Nairobi’s Central Business District was not filled with demonstrators; it was sealed off. Police established roadblocksalong Thika Road, Mombasa Road, Waiyaki Way, and Ngong Road, effectively practising what we call pre-emptive territorial…
African stock exchanges have crossed $2 trillion in combined market value, up from $1.6 trillion in 2024, according to the African Securities Exchanges Association. The gain comes after a decade of steady expansion across the continent’s capital markets, from Lagos to Abidjan to Cairo. Nigeria leads the pack. The NGX All-Share Index rose 283% since…
