Russia will hold its latest Russia-Africa summit in October, according to officials involved in preparations for the event, as Moscow seeks to expand political, military and economic influence across Africa.
A major transformation is underway in sub-Saharan Africa: Governments are increasingly shifting borrowing away from external debt and toward domestic debt. This trend brings fresh opportunities to build resilience and support development.
Most people in the world would think very little before flicking on the lights, charging a mobile phone or turning on a laptop to read this.
The sharp rise in refined oil product prices is intensifying the economic fallout from the latest energy shock, compounding the effects of disrupted crude flows and tightening supply chains.
An escalation of the conflict between the US and Iran could trigger a sharp divergence across African currencies, with oil exporters benefiting from higher crude prices while energy-importing economies face mounting pressure on their exchange rates.