When Khimbini Hlongwane spent most of his small safari tour company's savings on the deposit for a new minibus in February, it seemed like a safe bet.
His revenues had doubled in the previous year. And bookings by American, British, and Brazilian tourists hoping to catch a glimpse of elephants,...
Senegal has rejected licensing requests for 52 new industrial fishing vessels, after Senegalese small-scale fishers and industrial shipowners raised the alarm. On World Ocean’s Day, June 8, the Minister of Fisheries rejected the requests, in a victory for sustainable fisheries. Attention is now on a similar case in Ghana,...
Ivory Coast farmers say leaving crop to rot
Cashew prices at unprofitable lows, some farmers say
Africa raw cashew exports to fall 30% - industry body
Buying picks up in Ghana, output on track to reach target
Olivier Gore-Bi took out loans to ready his 12-acre cashew farm in...
Kenya’s currency is expected to trade on the back foot against the U.S. dollar as Uganda’s firms and those of Nigeria, Tanzania and Zambia hold steady.
KENYA
The Kenyan shilling is seen under pressure this week from oil importers and some multinational companies buying dollars to meet their monthly obligations,...
Africa’s economic, business and public policy analysts are forecasting that the speed and scope of the continent’s post-COVID-19 recovery will largely depend on the effective implementation of the African Continental Free Trade Area (AfCFTA). These views were contained in the recent UN publication, “Africa Renewal.”
The AfCFTA is an African...
As the COVID-19 crisis has escalated, stay-at-home orders have led to a surge in online purchases – of everything from groceries to medicines to household essentials – by consumers in the advanced economies. Africans facing similar movement restrictions will not enjoy the same convenience – or the safety it...
Food security in sub-Saharan Africa is under threat. The ability of many Africans to access sufficient, safe and nutritious food to meet their dietary needs has been disrupted by successive natural disasters and epidemics. Cyclones Idai and Kenneth, locust outbreaks in eastern Africa, and droughts in southern and eastern...
Invasion of desert locusts, civil conflicts in parts of the West African region, and the global outbreak of COVID-19 pause a huge threat to Africa’s 2020 food security despite highly favorable climatic conditions in most parts of the continent.
According to the latest Food Security Monitor report by the Alliance...
If one issue should unite African leaders for immediate action today, it is the attempt by America’s Donald Trump to block the re-election of Dr. Akinwumi Adesina for a second term as president of the African Development Bank (AfDB).
Having served five years with distinction and emerged as sole candidate...