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Semafor World Economy

Yinka Adegoke

Yinka Adegoke

Editor, Semafor Africa

Email Yinka
@YinkaWrites

Yinka Adegoke is the Africa editor of Semafor. He was previously the Editor for Strategic Initiatives at Rest of World, and before that was the founding editor of Quartz Africa.

Africa’s private credit market triples to $5.6B

Despite recent growth, African private credit represents just 0.3% of the $1.8 trillion global private credit market, according to a new Moody’s report.
The cityscape on the Nairobi Expressway undertaken by the China Road and Bridge Corporation on a public-private partnership basis in Nairobi, Kenya.
Thomas Mukoya/Reuters

How to share West Africa’s history

Benin, Ghana, Guinea-Bissau, and Sierra Leone have all created pathways for members of their diaspora to gain citizenship.
Cape Coast Castle in Ghana.
Siphiwe Sibeko/Reuters

Washington’s Africa chief starts second trip to continent

The US Assistant Secretary of State for African Affairs will visit Zambia, Ethiopia, and Kenya from Aug. 30 to Sept. 10.
Frank Garcia.
Frank Garcia. US Bureau of African Affairs/X.

Tecno, PalmPay seek Hong Kong listings

The two Chinese tech firms with major African businesses are turning to Hong Kong to raise hundreds of millions of dollars in fresh capital.
People walk past screens displaying the Hang Seng stock index and stock prices outside the Exchange Square in Hong Kong.
Joyce Zhou/Reuters

Africa gets new sovereign bond ETF

The new sovereign bond exchange-traded fund launched with up to $250 million in commitments.
A general view of the skyline of Addis Ababa.
Tiksa Negeri/Reuters

Africa’s dealmakers bet on IPO wave

Dangote’s $5B refinery IPO could anchor a flurry of listings and M&A — and test whether Africa can turn renewed dealmaking into deeper, more liquid markets.
A Dangote crude oil tank is seen inside the Dangote Industries oil refinery and fertilizer plant site in the Ibeju Lekki district of Lagos, Nigeria March 2, 2026.
Sodiq Adelakun/Reuters

Africa’s space race is becoming Washington’s next China challenge

Space spending across the continent is approaching $1 billion a year. Whoever supplies the hardware now may be setting the terms for the next twenty years.

US government’s Africa mapping mishap signals wider problem

An AI-generated map that mislabeled every country was presented by the US State Department at a conference in Brazil, generating widespread concern.

Trump’s $500M private investment push into Africa

The new US-Africa Strategic Investment Program invites businesses to compete for grants that “de-risk and catalyze” private investment on the continent.

Chinese investments in Africa soar to $34 billion so far this year

The results were the highest half-year total on record and by far the strongest performance of any region under Beijing’s Belt and Road Initiative.

US steps up Eritrea, Somalia talks over Red Sea access

A widening campaign of attacks on shipping in the Red Sea is forcing Washington to pay renewed attention to the African side of the Bab el-Mandeb Strait.

Africa’s mineral export bans are only the opening bid

As the world races to reduce its dependence on China, African governments have rare leverage. The challenge is turning that bargaining power into lasting industry.

Trump’s new Africa envoy makes debut trip

Frank Garcia is due to arrive in Nigeria before planned stops in Côte d’Ivoire and Mali.

Africa braces for more Iran war fallout as Dangote steps up

The IMF said the biggest casualties from another disruption to the Strait of Hormuz will likely be smaller, oil-importing economies in sub-Saharan Africa.

African teams celebrate World Cup successes

Nine of the 10 participating African teams have progressed to the knockout stage.

Trump is dismantling the tools that gave the US leverage in Africa

The White House wants African deals but keeps cutting its diplomatic tools.

Dubai is Central African Republic’s ‘conflict gold hub’

The UAE has become the main destination for conflict minerals from the Central African Republic, placing Dubai at the center of a lucrative trade in gold and diamonds, suggests a new report.

The complicated economics of Africa’s football success

African talent has never been more prominent on the global stage, but migration continues to reshape who benefits from that success.
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