Washington, DC — Uganda’s Minister of Energy & Mineral Development, Ruth Ssentamu, stressed that energy access remains central to economic transformation. The Powering Africa Summit opened with a clear shift toward execution, as Summit Sponsor Sun Africa and senior government leaders called for bankable projects, scalable infrastructure and deeper US-Africa investment ties. Adam Cortese, CEO…
The attacks by the US and Israel on Iran, which started on 28 February 2026, upended key supply chains, driving oil prices above US$100 a barrel. The spike followed Iran’s closure of the Strait of Hormuz in response to the US and Israeli action. About 20% of the world’s oil supplies are transported through the…
The lesson from every Middle East crisis is clear: global energy shocks will continue to occur, and their effects will continue to reverberate across the world. For Africa’s oil-rich but refining-poor economies, the real challenge is not merely surviving these shocks but using them as catalysts for structural transformation…Until that transformation occurs, events thousands of…
The number of high-risk vessels flying African flags has surged, increasing risks to legitimate shipping interests and foreign investment. Sweden recently intercepted two cargo ships believed to be part of the Russian shadow fleet. One was flying a Comorian flag; the other a Guinean flag. Swedish authorities believe the flags were used fraudulently – a…
Core technologies like cloud, business AI, and ERP built on clean data strategies will be evaluated not just on adoption, but on how efficiently they are applied across an SME’s operations. Dumisani Moyo | image supplied Foundational technologies such as cloud computing, business AI, and ERP running on clean-core data strategies will be measured not…
As oil prices soared to more than $100 a barrel this week, what will the economic consequences of the war in the Middle East be for African countries? Which sectors are most at risk? RFI spoke to Guinea-Bissau economist Carlos Lopes, former executive secretary of the United Nations Economic Commission for Africa and now a…
Africa’s sovereign credit outlook is improving as economic growth stabilizes and fiscal reforms take hold across several countries, according to recent sovereign rating assessments. S&P Global Ratings shows African sovereign ratings at their highest level since 2020. The improvement comes as some governments reduce fiscal deficits and strengthen foreign reserves. The outlook improves after several…
Fintech remained the largest recipient of startup investment in Africa in early 2026, but funding data shows investors expanding into logistics, transport and energy. African startups raised $575 million across 58 deals between January and February 2026, according to TechCabal. In January, fintech companies led funding activity with $131.6 million raised. Major funding rounds from…
An international team led by University of Cape Town (UCT) astronomers has revealed the true, massive scale of the Vela Supercluster, a gargantuan cosmic structure previously hidden in a blind spot behind the Milky Way. Utilizing South Africa’s world-class MeerKAT radio telescope and the Southern African Large Telescope (Salt), researchers have finally pierced through the…
In season two of the HBO Max medical drama The Pitt, the fictional Pittsburgh Trauma Medical Centre descends into chaos after a ransomware cyber attack on neighbouring hospitals prompts it to shut down its digital systems. This may be the plotline of an award-winning US TV drama, but it reflects the reality of the already-strained…
