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Semafor World Economy

Jenny Vaughan

Jenny Vaughan

Editor

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Africa renewables projects stalled over credit rating rules

A financial rule known as the “sovereign ceiling” is curbing efforts to fund much-needed renewable energy projects on the continent.
 Juba Solar PV Park in South Sudan.Thomas Mukoya/Reuters

Senegal’s Ousmane Sonko open to IMF debt talks

The comments appear suggest the former premier has eased his hardline stance as the country faces a debt crisis.
Ousmane Sonko.Ousmane Sonko. Abdou Karim Ndoye/Reuters

Rwanda wins Basketball Africa League Championship

Basketball, which for years has languished in football’s shadow, has gained a foothold on the continent since the NBA-backed BAL was founded in 2019.
2026 Basketball Africa League (BAL) Champion RSSB Tigers (Rwanda) The 2026 Basketball Africa League champions RSSB Tigers. BAL/Getty Images.

Barrick Mining weighs London share listing for Africa assets

The move comes as the gold mining giant seeks to move its operations from what it sees as risky regions.
A Barrick gold mine.Ricardo Rojas/Reuters

Senegal forms new government after PM sacked

The West African nation has been engulfed in political turmoil for weeks, but the new government is an attempt to plot a path out of a daunting debt crisis.
Senegal’s fomer Prime Minister Ousmane Sonko sits with Senegal’s President Bassirou Diomaye Faye.Ousmane Sonko, when he was prime minister, sits with Senegal’s President Bassirou Diomaye Faye. Ngouda Dione/Reuters.

10-day ceasefire between Israel and Lebanon takes hold

The announcement follows weeks of war, though it was unclear if Hezbollah would agree to the truce terms.
Smoke rises in Lebanon following an explosion.Florion Goga/Reuters
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