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Semafor africa
🟡 Semafor Africa: The Africa you don’t see
In this edition: The EU says it cannot plug the USAID gap, Aliko Dangote announces new investments in Ethiopia, and the AU’s new chairperson.
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South Africa plans emergency delegation to save ties with Trump
Tensions are high since the US president cut off aid to the nation.
Michael Sheehan/Picture Alliance via Getty
Dangote injects $400M to expand Ethiopia cement operations
Africa’s richest man says the country is one of his company’s most promising investments.
Nigerian entrepreneur Aliko Dangote. Ludovic Marin/File Photo/Reuters.
EU says it ‘cannot fill’ USAID funding gap as Africa seeks solutions
A health care crisis looms as the sector hardest hit by the Trump administration’s sudden foreign aid freeze.
Ihsaan Haffejee/Reuters
Analysis: How to shift the media narrative on Africa
Mainstream media is failing in its portrayal of Africa, Moky Makura argues, with a routine bias towards the negative.
Korean Culture and Information Service/Creative Commons
Nigeria-born banking startups target emerging market gig workers
The companies offer international money transfers with paperless accounts.
Francis Kokoroko/Reuters
Seven African countries to be hit hardest by Trump’s USAID cuts
The Trump administration’s cuts to USAID could trigger “a potentially massive economic shock,” researchers said.
Tiksa Negeri/File Photo/Reuters
African Union needs ‘urgent reform’ after leadership elections as US steps back
The Trump administration’s decision to end vital aid projects on the continent leaves a vacuum that the AU could fill.
South Africa might bypass Black ownership rules for Musk
Government officials have discussed enabling Elon Musk’s companies to sidestep a policy aimed at redressing apartheid-era inequalities.
Analysis: Why Africa must — and can — build its own AI giants
This is Africa’s AI moment and we must think bigger, with more ambition.
USAID’s dismantling threatens African development
Washington’s main foreign aid body is reportedly set to cut its staff of 10,000 to about 300, with only about a dozen workers left to focus on Africa.
African investors are plowing more funds into climate tech
They’re looking for business-driven solutions in sectors including agriculture, clean energy, and transportation.
African gaming revenues hit $1.8B in new record
The number of gamers in Africa also rose to nearly 350 million, found a new report, a 10% increase from 2023.
Why the world’s biggest mining project is looking to invest in education
Guinea says it will invest 5% of eventual revenues from its Simandou mines into improving the country’s education system.
South Africa pushes back at Trump funding threat
The mining minister said South Africa should stop the US from accessing its minerals if Washington withdraws funding over its land policies.
Analysis: How to make US foreign aid work for Africa
A small share of American aid being converted into equity investments or concessionary loans could enable a more resilient system less vulnerable to abrupt policy reversals.
Surge in deepfakes heightens fraud risk for African businesses
Generative AI accounted for more than a third of new biometric fraud cases on the continent last year, a report found.
Analysis: Fixing African schools in the kitchen
To change Africa through education, we must feed more than just children’s minds.
Remittance startups ride Africa’s migration wave
Sub-Saharan Africa received an estimated $56 billion in remittances last year, a fourth successive year of increases.