Southern Africa
Addressing Africa’s $66 Billion Resource Debt Challenge
Recently, AfDB President Akinwumi Adesina criticized resource-backed loans for burdening African nations with unclear, risky debts.
Adesina criticizes these loans for their lack of transparency...
BHP’s Bold $39 Billion Bid to Transform the Mining Landscape
In a strategic play set to reshape the global mining industry, BHP, the world's largest mining firm, has launched a $39 billion acquisition bid for its competitor, Anglo American.
This move positions BHP to potentially...
Namibia’s New Oil Frontier: Galp Energia’s Groundbreaking Discovery
Amidst the vast, unyielding expanse of the Atlantic off the coast of Namibia, a narrative of opportunity and economic transformation unfolds.
Galp Energia, a Portuguese...
Brazil and South Africa Forge Stronger Ties
Brazil is ramping up its diplomatic efforts in Africa, a key region in President...
Wealth Flight and Future Prospects in Africa
Over the past decade, Africa has seen about 18,700 high-net-worth individuals leave the continent.
They left due to falling local...
Africa’s Robust Economic Outlook for 2024
In 2024, Africa's economy is set for a significant rebound, demonstrating resilience amid past global challenges and the pandemic.
Expectations point to the continent eclipsing...
Zimbabwe Launches Gold-Backed ZiG Currency in Economic Revamp
On April 8, 2024, Zimbabwe transitions to the gold-backed ZiG currency, moving away from the depreciating ZWL.
This initiative, led...
Mozambique Eyes Central Role in Southern African Power Network
To boost regional power stability, Mozambique's Electricidade de Moçambique (EDM) plans to increase its electricity supply to Zambia.
The decision...
Africa’s Richest Nations: A Decade in Review
The prestigious Inanda Country Club in Johannesburg, served as a vivid snapshot of wealth...
South Africa Faces a $5.7 Trillion Infrastructure Challenge by 2050
South Africa needs to invest $5.7 trillion by 2050 in transportation, energy, water, sanitation, and...
Election Highlights Energy Woes in South Africa
Gearing up for their most significant election since the end of apartheid on May 29, South Africans focus on...
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