Economy

UNCTAD World Investment Report 2025 reveals Africa foreign direct investment jumped 75 percent to record 97 billion dollars in 2024 driven by energy infrastructure and critical minerals amid questions about sustainable development versus resource scramble

A Record Tide of Foreign Money Washes Over Africa

In late June, at a conference hall in Cairo, a senior official from the…

Botswana President Duma Boko and Namibia President Netumbo Nandi-Ndaitwah March 2026 Windhoek working visit on Trans-Kalahari Railway infrastructure climate resilience and cross-border economic corridor integration

Two Quiet Neighbors, One Big Bet: How Botswana and Namibia Are Redrawing a Corner of Africa

As climate pressures rise and trade routes shift, two Southern African democracies are gambling…

Sustainable Energy Fund for Africa SEFA at African Development Bank targeting 2.5 billion dollars for renewables by 2028 with European pledges despite approving fewer projects raising energy transition equity questions

Africa’s Flagship Clean Energy Fund Doubles Down, With Fewer Deals

Backed by fresh European pledges, the Sustainable Energy Fund for Africa aims to mobilize…

IMF raises Sub-Saharan Africa growth forecast to 4.6 percent for 2026 and 2027 driven by Nigeria and Egypt reforms amid challenges turning forecasts into jobs and poverty reduction

Sub-Saharan Africa Gets a Growth Upgrade. The Hard Part Starts Now

The IMF now sees the region expanding by 4.6 percent in 2026 and 2027, driven by…

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