Abujanigeria — Nigeria has taken important steps toward stabilizing its economy through recent policy reforms, but more needs to be done to ensure these gains translate into better living standards for its citizens, according to the latest Nigeria Development Update (NDU) released by the World Bank today. Titled “From Policy to People: Bringing the Reform…
The city of Istanbul will play host to the 5th Turkey-Africa Economic Forum (TABEF), which is scheduled for October 16th -17th, 2025 at Istanbul Congress Centre (ICC) in Turkey. Hosted by Turkey’s Ministry of Trade and organised by the Foreign Economic Relations Board (DEİK) in cooperation with the African Union, the event aims to foster…
KAMPALA, September 30, 2025–Uganda’s economic growth continues to be strong, with real gross domestic product (GDP) accelerating from 6.1% to 6.8% in the nine months from July 2024 to March 2025. A new World Bank report shows that this good performance was driven by agriculture, manufacturing, construction, plus household and government consumption. In contrast, the…
When Rwanda hosts Africa’s first-ever Festival of Cooling, it is not just staging a landmark event–it is signalling a continental shift. Behind the science of cold-chains lies a powerful story about food security, health resilience, job creation, and climate action. ALSO READ: Inaugural cooling festival to spotlight innovation in Kigali Keep up with the latest…
Tehran, Iran – After about a decade, Iran is once more subject to United Nations sanctions as the West piles pressure on Tehran, despite opposition from Russia and China. The sanctions were automatically reinstated at midnight GMT on Sunday after the European signatories of Iran’s 2015 nuclear deal invoked the “snapback” mechanism of the landmark…
New York — Africa has unique conditions to achieve its economic development goals, based on its abundant natural resources, young and dynamic population, and rapidly growing consumer markets, Angolan President and Chairperson of the African Union (AU), João Lourenço, stated Sunday in New York. Speaking at the United Nations-African Union High-Level Dialogue Roundtable, João Lourenço…
Herat, Afghanistan – At the Islam Qala border, the relentless wind carries stinging dust that clings to skin as temperatures soar to 40 degrees Celsius (104 degrees Fahrenheit), transforming the ground into a scorching furnace. Families huddle in narrow strips of shade, children protecting their faces with scarves as they await assistance. For many, this…
POLICYMAKERS, academics, and civil society leaders have issued an urgent call for African governments to pursue deep democratic reforms to ensure economic justice and restore public trust. They argued that while democracy remains popular across the continent, its failure to deliver tangible economic opportunities has fuelled widespread frustration, particularly among a youth population that feels…
Cairo, Egypt — Children benefiting from national school meal programmes across the Middle East and North Africa (MENA) increased by 22 percent in the past two years alone, despite conflict, economic downturn and the region’s complex humanitarian landscape. Now reaching 23.5 million children, these programmes are emerging as a strategic investment in education, nutrition, and…
Prof. Benedict Oramah, President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank), received high praise and formal recognition on Thursday, September 4, 2025, at the opening of the fourth Intra-African Trade Fair (IATF 2025) in Algiers, Algeria, for his transformative leadership in advancing Africa’s economic growth and integration. The accolade…
