African News
Nigeria Army Rescues 33 Kidnapped Victims in Zamfara The Nigerian army has said that it has rescued 33 people who were kidnapped by armed men while travelling through Zamfara state in the northwest. Troops and police responded to the abduction in Tsafe. They intercepted the kidnappers as they moved the hostages, forcing the gunmen…
More than 2,500 years after Homer’s epic was first told, Christopher Nolan’s blockbuster retelling of The Odyssey has brought the journey back to big screens worldwide. But, behind the sweeping plot is another character facing an odyssey of its own: the Mediterranean Sea. Since Homer’s day, the Mediterranean has been much more than a beautiful…
“I’ve gone through almost the same thing they are going through. And I just decided that I’m not…” Veteran Nigerian galala singer John “Daddy Showkey” Asiemo has expressed disappointment over the long-running feud between P-Square singers Peter and Paul Okoye and their elder brother and former manager, Jude Okoye. Daddy Showkey made the remarks during…
The Horn of Africa is once again facing the danger of military and political escalation as renewed manoeuvring involving Eritrea, illegal TPLF-led political and military actors, and other regional and external forces threatens to undermine the fragile peace achieved after years of devastating conflict. At the centre of these concerns is Tigray, a region still…
Executive Summary Africa’s industrialisation challenge is not primarily a shortage of ideas, policy intent, or entrepreneurial energy, but a constraint in financial architecture and capital deployment. The continent’s ability to build factories, infrastructure, and value-added industries is limited by the cost, structure, and accessibility of long-term finance. Until capital markets are deepened and better aligned…
Why good African businesses and projects can struggle to cross the funding redline Africa has never suffered from a shortage of ideas. It suffers from a shortage of capital willing to believe in those ideas. Across the continent, entrepreneurs are building businesses, engineers are designing infrastructure, farmers are developing agricultural value chains, innovators are creating…
Zimbabwe ended last month as Africa’s best-performing equity market, overtaking Nigeria, the continent’s most populous nation, after months of sustained gains driven by easing inflation, a more stable domestic currency, and renewed investor appetite for local equities. Data from African Markets, a real-time market intelligence platform, shows the Zimbabwe Stock Exchange (ZSE) returned 68.5 percent…
James Woods, the Malawian diplomat and sports-business figure who was part of a sports group who backed Yan Diomande in the early years of his career, reflects on the making of a €140m footballer Four years ago, Yan Diomande was an unknown teenager, his name familiar only to the small network of scouts and agents…
Luanda — Participants at the 21st Meeting of Senior Officials of the Coordination Committee of the Africa-Arab Partnership reaffirmed, on Thursday (6), in Cairo, Egypt, the relevance of organizing the Economic Forum between the two regions. According to the final communiqué of the event, it should take place on the sidelines of the 5th Africa-Arab…
For years, African finance ministers have made the same case at investor conferences and multilateral summits: the continent is not short of bankable projects, it is short of affordable capital. This week, that case took a tangible step forward. Legal & General Asset Management, one of Britain’s largest institutional investors, launched the L&G LSF African…
