Nigeria
Ghana’s former president Akufo-Addo renews push for African credit rating agency
Nana Akufo-Addo accused global financial institutions of unfairly penalising African nations and undermining their development efforts.
CITIES IN PERIL: Cities confront the rising tide of climate change
Fast and chaotic urban population growth combined with climate challenges on multiple fronts are putting cities at risk around the world.
China launches international mediation organisation in Hong Kong
China has launched a new international mediation organisation in Hong Kong on May 30, signed by 31 countries
Famines kill far fewer people than they used to – OWID
Famines are still a major global problem. From 2020 to 2023 alone, they caused over a million deaths, Our World in Data (OWID) reports.
EBRD2025: African tech is flourishing, but it still has a long way to go
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.
EBRD2025: EBRD to launch operations in Nigeria, Côte d’Ivoire and Benin as expansion into Africa continues
The EBRD decided in 2023 to amend the bank’s charter and allow expansion into Sub-Saharan Africa and Iraq.
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HALLIGAN: Power struggle in OPEC+ is pulling oil prices down
The oil market has entered choppy waters once again. Crude prices fell by a dramatic 18% in April y/y – the sharpest monthly drop since November 2021 – partly due to a global slowdown, but more due to a power struggle within OPEC+.
COMMENT: Trump’s tariff drive hits emerging markets as growth and inflation forecasts slide – Oxford Economics
President Donald Trump’s aggressive trade policies are already casting a long shadow over emerging market economies, with analysts cutting growth forecasts and warning of prolonged investment uncertainty and policy disruption.
Sub-Saharan Africa is home to 16% of the global population but 67% of extreme poverty - OWID
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).
Russia's expanding pull in Africa is pushing Western influence out
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.
CONFERENCE CALL: Aurora Women in Tech Global Awards
“Why is it women only get less than 3% of Venture Capital funds? There is not a pipeline problem. There is a perception problem,” says Isabella Ghassemi-Smith, head of the Aurora Tech Award, which promotes women-led start-ups.