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Intelligence for the New World Economy

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Intelligence for the New World Economy
Semafor World Economy
Semafor Staff

Semafor Staff

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How car spinning went mainstream in South Africa

A once-popular township pastime has been celebrated by the country’s sports minister.
A member of “Team Dullie” hangs out of their car as they drift during a round of spinning at Wheelz n Smoke Arena.
Phill Magakoe/AFP via Getty Images

Iran war could narrow Saudi Arabia’s deficit

Higher oil prices and output could offset the current hit to production and help narrow Saudi Arabia’s budget deficit.
Aramco’s oil field in the Empty Quarter, Shaybah, Saudi Arabia.
Hamad I Mohammed/Reuters

Mining giant Rio Tinto to restart major South Africa minerals project

The project was halted for six years because of violent unrest including protests and extortion attempts.
A private security armoured vehicle is seen near the entrance of the Bakubung Platinum Mine.
An armored vehicle at the Bakubung Platinum Mine. Phill Magakoe/AFP via Getty Images.

South Africa plans $3 billion LNG plant

Around 40% of South Africa’s population lack reliable access to electricity.
Durban port.
Durban port. Shiraaz Mohamed/File Photo/Reuters.

Africa’s creative economy offers new investment opportunities

The sector could be worth $200 billion across the continent by 2030, according to the Brookings Institution.
The Abidjan International Audiovisual Content Fair.
Luc Gnago/Reuters

Semafor’s predictions for US-Africa relations in 2026

We canvased experts for their predictions on Washington’s relationship with African countries on a range of topics, from critical minerals to security.
US President Donald Trump and South African President Cyril Ramaphosa.
US President Donald Trump and South African President Cyril Ramaphosa. Alex Wong/Getty Images.

Semafor has removed this story

Semafor has removed this story. The information it was based on — a story by another outlet based on an interview with Space42’s CEO — was incorrect.

US announces new visa bonds for travelers from Zambia, Malawi

Applicants will need to pay up to $15,000 for some tourist and business visas under a new pilot program.

Angola’s fuel price hike sparks deadly protests

Four people were killed and 500 arrested as part of the protests.

Semafor World Economy Summit: Views from policymakers and CEOs on health and the global economy

Pfizer CEO Dr. Albert Bourla and Manas AI co-founder Reid Hoffman were among those discussing how health shapes the global economy.

Semafor World Economy Summit: Views from policymakers and CEOs on the global workforce

US Energy Sec. Chris Wright and USAFacts founder Steve Ballmer are among those discussing the challenges and opportunities facing the global workforce.

Semafor World Economy Summit: Views from policymakers and CEOs on consumer confidence

US Secretary of the Interior Doug Burgum and Mississippi Gov. Tate Reeves were among those discussing consumer confidence and spending.

Semafor World Economy Summit: Views from policymakers and CEOs on AI

Nasdaq CEO Adena Friedman and Uber boss Dara Khosrowshahi are among those discussing the power of artificial intelligence to transform businesses at the Semafor World Economy Summit.

Semafor World Economy Summit: Views from policymakers and CEOs on the future of mobility

United Airlines CEO Scott Kirby and US Transportation Secretary Sean Duffy were among those gathered to discuss the future of global mobility at the World Economy Summit.

Semafor World Economy Summit: Views from CEOs and lawmakers on geopolitical uncertainty impacting small businesses

Semafor’s journalists are in conversation with newsmakers including Eurasia Group’s Ian Bremmer and co-chair of DOGE Caucus, Rep. Blake Moore.

Highlights from the World Economy Summit

Highlights from Semafor’s World Economy Summit

Semafor World Economy Summit: Views from policymakers and CEOs on global growth

PayPal CEO Alex Chriss and Australian Ambassador to the US Kevin Rudd were among those discussing the next era of global growth.

Semafor World Economy Summit 2025: Views from policymakers and CEOs on global innovation

Northrop Grumman CEO Kathy Warden and FedEx CEO Raj Subramaniam are among the newsmakers discussing how to create a culture of innovation at Semafor’s World Economy Summit.