An aerial photograph shows the Greek-flagged crude oil tanker “Asahi Princess” off the coast of the Syrian Baniyas port refinery, along the Mediterranean Sea on on April 15, 2026. Bakr Alkasem | Afp | Getty Images Ahead of a meeting of finance ministers from the Group of Seven developed economies in Paris on Monday, a…
Nairobi — The effects of the conflict in the Persian Gulf are beginning to be felt worldwide. In addition to the impact on energy markets caused by the closure of the Strait of Hormuz, one of the less well-known but no less serious consequences affects African economies. This applies not only to macroeconomic effects such…
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…
The problem with the Rubio memo is not what it says about American attitude towards Africa, it is what it says about the country’s conception of itself and its historical mission as the world’s leading democracy. It is quite possible that, in time, U.S. Secretary of State Marco Rubio’s directive limiting U.S. State Department commentary…
Tens of thousands have gathered for the Budapest Pride march, defying Hungarian Prime Minister Viktor Orban’s legal threats against LGBTQ rights activists. Organisers of the march hope for a record attendance, despite mounting pressure from nationalist conservative politicians and police to stop any display of pro-LGBTQ material. The police issued a ban in line with…
