Nairobi — Israel has said that Iran possesses missile capabilities that could reach parts of East Africa, including the cities of Mogadishu, Addis Ababa, Nairobi and Juba, according to a statement by Israel’s embassy in Kenya. The embassy said that a 4,000-kilometre radius stretching from Tehran extends across much of the Horn of Africa and…
Hargeisa — The African Union has appointed former Tanzanian President Jakaya Mrisho Kikwete as its High Representative for the Horn of Africa and the Red Sea, in a move aimed at strengthening diplomatic efforts in one of the continent’s most strategically sensitive regions. The appointment was announced on Tuesday by the Chairperson of the African…
Before February 28, 2026, (that is about three weeks ago) the main topic of discussion among analysts of geo-politics was on the declining status of the United States of America as global hegemon. On parameters of judgement including economic performance, global trade and commerce, innovation, research, military power, political and diplomatic influence, analysts across the…
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…
Bitcoin is now worth $68 705, still off its high of $126 220. (Graphic: Nicola Mawson | Freepik, Pexels & US Govt.) As the war in the Middle East rages on and oil continues its surge, having hit $119 a barrel last week, Bitcoin is up 6.5% month-on-month, and some analysts and researchers say it…
The war has triggered a surge in crude oil prices above $100 per barrel, driven by heightened risks to global supply routes, including the Strait of Hormuz. The Centre for the Promotion of Private Enterprise (CPPE) has warned that the rising global oil prices, driven by the US/Israel and Iran conflict, could undermine Nigeria’s disinflation…
Sri Lanka refused permission to the United States to station two of its warplanes at a civilian airport in the island’s south in early March, President Anura Kumara Dissanayake said Friday. Washington wanted to relocate two of its missile-armed aircraft from a base in Djibouti to Sri Lanka’s civilian Mattala International Airport, Dissanayake told parliament. …
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…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, US, on Monday, Aug. 25, 2025. Photographer: Michael Nagle/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Treasury yields edged lower Tuesday as investors weighed escalating tensions in the Middle East and rising oil prices ahead of the Federal…
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…
