"The country is in intensive care. Inflation, officially, was near 40% in September. Most analysts believe it crossed that line long ago," writes Bright Simons.

Niger, Senegal, and Rwanda will be among the world’s highest growth economies in 2024, the World Bank said in its report on global economic prospects released this week.

Ethiopia hopes to turn Addis Ababa into an African medical tourism hub with a $400 million hospital complex but critics say the plan doesn’t address the needs of most people in a country with a...

President Joe Biden hosted the U.S.-Africa Summit last year and his team suggested he would visit the continent by the end of 2023 — but he didn't.

The rise of young designers makes the case African fashion is in a boom era, as a new report by Unesco argues.

A new book examines the role of the CIA in the overthrow of Congo's first prime minister Patrice Lumumba and how that led to the last 60 years of instability in Africa's second-largest country.

West African cuisine deserves greater recognition for its influence on food around the world, says Chef Pierre Thiam.

Thousands of Ugandans who guarded U.S. government buildings in war zones are preparing to sue their former employers who they claim failed to pay their agreed wages and cover medical bills.

Francophone Africa's startups are beginning to see more funds come into their markets with Senegal leading the cohort.

South African authorities are examining evidence a consignment of arms was illegally loaded on a Russian vessel docked at a South African naval base in December by a private company, three sources...

The European Union has made Namibia a key part of a major infrastructure development plan it is rolling out to rival China's Belt and Road Initiative.

Alerzo, an e-commerce distributor of groceries to mom and pop retailers in Nigeria, has laid off hundreds of employees, three people familiar with the company told Semafor Africa.

Food shortages in Africa will get worse next year due to the Ukraine war and climate change, a UN official says.

Niger, Senegal, and Rwanda will be among the world’s highest growth economies in 2024, the World Bank said in its report on global economic prospects released this week.

Wigwe, was among six people killed in the crash which was carrying his wife and the former head of the Nigeria Exchange.

Niger, Senegal, and Rwanda will be among the world’s highest growth economies in 2024, the World Bank said in its report on global economic prospects released this week.

Equity still made up over three-quarters of funds African startups raised last year. But the year-on-year increase in debt financing, in deal volume and dollar value, was unprecedented.

Analysts say the AFCON’s global viewership, online engagement, and commercial revenue are all expected to grow significantly this year compared to previous editions.

The new restaurant, named Marcus Addis, features delicacies from all over the world but its menu is designed to retain a traditional Ethiopia flavor that brings out Samuelsson’s global culinary...

Gambia becomes the latest West African country to experience a coup attempt and has four soldiers under arrest.

Foreign fighters may have joined an escalating 40-year-old ethnic conflict near Ghana’s northern border with Burkina Faso.

African companies are increasingly using AI-generated images, models and voices for their advertising campaigns, lowering their ad spending but prompting fears of job losses.

Universal Music Group has acquired Nigeria’s Mavin Global, one of Africa’s largest and most successful independent record labels.

Seven west African countries have agreed to create a military force to fight jihadists who have destabilized the region.

Lagos-based Access Bank is close to finalizing a regulatory process to launch its first full banking service in Asia in the first quarter of 2024.

African countries do not want to be forced to pick between the United States and China and made that clear during Semafor Africa Week.

A Turkish company whose floating power ships switched off the electricity to two of Africa’s poorest cities in recent months says it is in talks with six more countries.

Defying his father and the law, Gen. Muhoozi Kainerugaba is laying the groundwork for a campaign to succeed his father, Ugandan President Yoweri Museveni.

"The African continent was already surfing on a major wave of pride and eagerness to revisit our cultures, return to the continent in the case of the diaspora, and consume African-made productions...

A $100 million U.S.-backed plan for Kenya to lead a multinational security force to help Haiti restore order in the face of mounting gang violence is attracting growing criticism.

Rwanda’s President Paul Kagame, in an exclusive interview with Semafor, suggested there is a way to move forward on the possible release of activist Paul Rusesabagina.

The Supreme Court ruled that the country’s three largest banknotes will remain legal tender until Dec. 31 this year.

The new restaurant, named Marcus Addis, features delicacies from all over the world but its menu is designed to retain a traditional Ethiopia flavor that brings out Samuelsson’s global culinary...

Multinational companies are pulling out of Nigeria as the country's currency problems hamper their operations and hurt consumers.

"Francafrique is a kind of politics used by France to keep controlling its former territories," Alain Mabanckou reflects.

Local and American conservative groups that pushed Uganda to toughen its anti-gay laws now worry new harsh legislation could backfire on their cause.

African countries should tap into the global popularity of their creative industries to reap economic benefits, says movie star Idris Elba.

Nigerian tech entrepreneur Bosun Tijani is in line to be the next digital economy minister after surviving objections by ruling party figures during the confirmation process.

China's Transsion is the fastest growing Top 5 smartphone maker in the world — thanks to Africa.

Hip-hop, which is now 50 years old, has moved far from the Bronx to become a cultural force around the world and particularly in the youthful, fast-growing cities of Africa.

The editor of The Reporter in Addis Ababa said his publisher pulled an interview with an IMF official after the official complained.

Iwaju, a limited animated series, will become Disney’s first feature set in Nigeria when it airs this week on the Disney+ streaming service.

The presence of Wagner, which has supported both of Sudan's feuding generals since the overthrow of former dictator Omar al-Bashir in 2019, adds to the uncertainty.

Zanzibar has spent the last year trying to reinvent itself as a global tech hub for African startups and digital natives.

Ethiopia's plan to allow foreigners to buy real estate in the country for the first time is the latest move aimed at opening up its beleaguered economy and attracting foreign investment.

Gozem, a Togolese startup whose app provides on-demand transportation, food delivery and courier services, is buying Benin-based Moneex.

Two top executives have resigned from South Africa's state-owned ports and rail company amid a deepening crisis that is proving to be a drag on Africa's most industrialized economy

Policymakers and donors should aim to significantly increase investment in agricultural research and development in Africa, the authors of a new report argue.

If you want to see more economic opportunities across the world, you need to encourage the growth of a stable middle class, developing skills locally.

A $150 million investment in a Zambian copper mine by a U.S. company backed by Bill Gates and Jeff Bezos reflects rising demand for metals used in electric vehicle batteries, but how much will locals...

Uganda’s parliament passed a tax on the incomes of foreign digital services providers.

Well known U.S.-based peace activist Peter Biar Ajak was arrested by federal agents in Arizona for a $4 million gun smuggling plot

The collapse of FTX has had big ramifications for Africa's crypto community especially after layoffs seen at Nestcoin. But it also has investments in a number of startups across the continent.

Bassirou Diomaye Faye, a former tax official held in prison on government charges a little over two weeks ago, has been sworn in as Senegal’s fifth and youngest ever president.

Nigerian VC funding slows down after a record 2021

The African football stars and their business advisors are tapping into a broader investment trend in the sport they know and love.

Kenyan alcohol startup African Originals accuses Diageo subsidiary East African Breweries Limited (EABL) of waging a dirty tricks campaign that now threatens its future.

U.S. deputy treasury secretary Wally Adeyemo sought to assure Nigerians that President Joe Biden’s primary interest in their country was to be a partner in strengthening its economy.

Ghana's diplomats are scrambling to reframe a claim made by their president that Burkina Faso had hired Russian private army operatives from Wagner Group just above its northern border.

Niger, Senegal, and Rwanda will be among the world’s highest growth economies in 2024, the World Bank said in its report on global economic prospects released this week.

Ethiopia wants to build an open digital economy, but it’s also indefinitely blocking major social media platforms for unspecified security reasons.

The three frontrunners are Bola Tinubu, Atiku Abubakar, and Peter Obi. Provisional results show Obi has won Lagos state.

Russia is recruiting hundreds of young Africans to Russian language programs across the continent in a wider push to deepen ties through education.

The African Development Bank's president doubles down on criticism of resource-backed loans for African countries, calling them “asymmetrical” and “non-transparent.”

Zimbabwean businesses are yet to fully adopt the country's new gold-back currency which was unveiled last week to curb inflation.

Ghana's diplomats are scrambling to reframe a claim made by their president that Burkina Faso had hired Russian private army operatives from Wagner Group just above its northern border.

The fugitive saga of South African criminal Thabo Bester is eye-catching for its Bonnie and Clyde-style drama, but is really about the dismal state of the country's prisons.

Fatih Birol noted that overall solar-power deployment in the region was outstripped by that of the Netherlands, a country with a fraction of the landmass and far less sunlight.