Cocoa prices have surged to unprecedented levels as climate change wreaks havoc on West African crops.
Ghana’s gold sector has long been plagued by illegal mining and illicit exports. Now the government seeks to curb capital flight and meet revenue targets under its economic recovery programme with the IMF.
A deepening global drought crisis is pushing more than 90mn people to the brink of starvation, with mounting impacts on food, water and energy systems, according to a report released on July 1 by the UN.
Nana Akufo-Addo accused global financial institutions of unfairly penalising African nations and undermining their development efforts.
Hilton executive describes Africa as "brimming with potential" as its hospitality sector undergoes a major revival.
Climate change and urban crisis collide in Ghana’s capital.
Fast and chaotic urban population growth combined with climate challenges on multiple fronts are putting cities at risk around the world.
Famines are still a major global problem. From 2020 to 2023 alone, they caused over a million deaths, Our World in Data (OWID) reports.
Russia, under sanctions from the West over the war in Ukraine, is using nuclear partnerships to grow its influence in Africa.
Africa benefits from an incredibly young, tech savvy population; over 60% of the population is under 25 years old and in just Senegal the average age of the population is a mere 19 years old. That makes it a hotbed for tech development.
The EBRD decided in 2023 to amend the bank’s charter and allow expansion into Sub-Saharan Africa and Iraq.
Every twelfth person in the world still lives in extreme poverty. That means surviving on less than $2.15 per day (adjusted for differences in living costs between countries).
Moscow’s expanding presence in Africa has largely unfolded in silence, but the shift it represents is profound. Like in the game of Risk, Africa’s sheer size and its treasure trove of untapped raw materials is becoming increasingly important.