Trump’s remittance tax targets migrants — and hits Africa’s poorest hardest
A new 3.5% tax on remittances passed by the U.S. House of Representatives is sparking global concern, as critics warn it will disproportionately burden poor […]
Month: May 2025
Burkina Faso bets on gold revival to boost economy, fund security
Burkina Faso is set to increase industrial gold production by 4% in 2025, driven by the revival of two major mining projects amid tightening state […]
China shifts EV strategy to Africa amid Western tariffs
Facing rising tariffs in the United States and European Union, China is accelerating its pivot to Africa as the next frontier for electric vehicle (EV) […]
DRC ex-leader’s return to Goma sparks tensions amid deepening divisions
Former President Joseph Kabila resurfaced in the rebel-controlled city of Goma on Thursday (29 May), drawing both hope and controversy as violence continues to escalate […]
Nigeria’s President Affirms Economic Progress Amidst Challenges, Calls for National Patience
In a reflective address marking his second year in office, President Bola Tinubu conveyed on May 29 a message of cautious optimism to Nigerians, asserting […]
Morocco Hosts Africa’s First UN Tourism Innovation Bureau
Morocco solidified its position as Africa’s tourism innovation hub Friday with the signing of a financial agreement establishing the continent’s first UN Tourism thematic bureau […]
Mauritanian Sidi Ould Tah Wins African Development Bank Presidency
Mauritanian candidate Sidi Ould Tah secured the African Development Bank presidency Thursday, defeating Zambian rival Samuel Munzele Maimbo in the third round of voting to […]
Life Sentence for Mother and Accomplices in Harrowing Child Trafficking Case in South Africa
In a deeply unsettling case that has gripped South Africa, Racquel “Kelly” Smith and two accomplices have been sentenced on May 29 to life imprisonment […]
Mozambique Targets Economic Reboot with Bold Deregulation Drive
Mozambique has taken a significant step toward economic revitalization by scrapping prior licensing and inspection requirements for more than 80 business activities. The reform, unveiled […]
Morocco’s Nadia Fettah named Africa’s finance minister of the year at African banker awards
Morocco’s Finance Minister, Nadia Fettah, was awarded “Finance Minister of the Year” at the 2025 African Banker Awards held Wednesday in Abidjan, on the sidelines […]