Ghana has announced it will evacuate 300 of its citizens from South Africa, following a spate of xenophobic incidents and protests against immigration across the country in recent weeks. Ghana’s Foreign Minister Samuel Okudzeto Ablakwa said on Tuesday that President John Dramani Mahama had approved the operation. “These distressed Ghanaians had earlier complied with the…
BGFI Holding Corporation listed on the Bourse des Valeurs Mobilières de l’Afrique Centrale on May 7, becoming the first multinational from the CEMAC region to join the exchange’s equities market. The parent company of BGFIBank listed under the ticker BGFI HC on the A-PREMIUM compartment, with a reference price of CFA80,000 a share. A total…
Africa’s rising influence is being constrained by outdated global institutions, unfair borrowing costs and cascading global crises, UN Secretary-General António Guterres warned in Addis Ababa, as the United Nations and African Union reaffirmed their strategic partnership. Meeting with AU Commission Chairperson Mahmoud Ali Youssouf, the two sides focused on deepening cooperation across peace and security,…
The Africa CEO Forum has opened in Kigali, bringing together thousands of delegates from across the continent and beyond. This year’s forum is being held under the theme, “The Scale Imperative: Why Africa Must Embrace Shared Ownership.” The New Times spoke to different people to find out what they know about the forum, the issues…
Can South Africa’s Ramaphosa Avoid Impeachment Push? South African President Cyril Ramaphosa is facing new political and legal pressure over the Phala Phala scandal after the Constitutional Court of South Africa ordered Parliament to restart impeachment proceedings. Ramaphosa rejected calls to resign and announced that he will challenge the impeachment process in court. He…
STORY HIGHLIGHTS Malawi used to have one of the lowest electrification rates in the world, at just 11% in 2019. Thanks to the World Bank-backed Malawi Electricity Access Project (MEAP) and to Mission 300, that rate now stands at 25.9%, and should reach 70% by 2030. Electricity is bringing visible change to local economies, inspiring…
French President Emmanuel Macron says he is proud of how France’s relationships with countries in Africa have evolved under his leadership. Speaking to RFI at the close of the Africa Forward summit in Nairobi, Kenya, he hailed progress towards a “partnership of equals”. The nine years since Macron took office have seen “profound changes” in…
Nairobi — TANZANIA has urged African countries to harness their abundant natural resources to build a strong and resilient continental economy, while advocating for global multilateralism that upholds mutual partnerships and sovereign equality. Speaking yesterday shortly after the Africa Forward Summit: Africa- France Partnership for Innovation and Growth in Nairobi-Kenya, Prime Minister Dr Mwigulu Nchemba…
Nairobi — Insurance technology firm Turaco has been ranked among Africa’s fastest-growing companies in the latest Financial Times ranking, as Kenyan firms continued to strengthen their presence on the continental list. The report ranked 17 Kenyan companies among Africa’s fastest-growing businesses, giving Kenya the second-highest number of firms after South Africa, which had 51 companies….
Nairobi — President Joseph Nyuma Boakai has intensified Liberia’s diplomatic engagement at the ongoing Africa Forward Summit 2026 in Nairobi, holding a series of high-level bilateral meetings centered on regional peace, border security, economic cooperation, and Africa’s development agenda. The summit, hosted by the Government of Kenya in partnership with the Government of France, has…
