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Events Email Briefings

Intelligence for the New World Economy

D.C.
BXL
Lagos

Riyadh
Beijing
SG

Intelligence for the New World Economy

Semafor World Economy

Africa

AI’s uncertain opportunity for Africa

The absence of African languages from large language models has become a major concern for the continent’s policymakers and tech leaders.

Monicah Mwangi/Reuters

Rwanda on track to host F1 Grand Prix

It would mark the first Grand Prix to be held in Africa in more than 30 years and boost government efforts to raise the country’s profile.

Mercedes’ George Russell makes a pit stop during F1 practice.

Edgar Su/Reuters

Nigeria’s fuel discount reignites subsidy debate

High energy prices are among the key campaign issues ahead of January’s presidential election.

A board displays the price of fuel at a filling station as fuel prices rise in Abuja, Nigeria.

Marvellous Durowaiye/Reuters

Zambia agrees health deal with US after resolving dispute

Africa’s second largest copper producer got better terms than its neighbors, and still has a minerals deal to settle with Washington.

People receive treatment at an emergency cholera facility in Lusaka.

Namukolo Siyumbwa/Reuters

The fight to uncover the Nigerian president’s FBI files

President Tinubu has enlisted US lawyers to keep records from a 1990s Chicago drug probe sealed, but a lone California activist has been a thorn in his side.

Bola Tinubu graphic

Illustration: Kevin Zweerink/Semafor, Photos: Adriano Machado/Tom Brenner/Reuters

Ethiopia renews push for Red sea access

After being sworn in for a second full term, Prime Minister Abiy Ahmed said his government would work diligently to ensure Ethiopia had “an outlet to the sea.”

Ethiopia’s Prime Minister Abiy Ahmed takes the oath of office to lead Ethiopia for the next five years at the Parliament building in Addis Ababa.

Ethiopia’s Prime Minister Abiy Ahmed being sworn in. Prime Minister’s Office/Handout via Reuters.

South Africa under pressure to provide $600M fuel relief

The Iran war drove petrol prices to record highs in the continent’s biggest economy.

DR Congo uncovers $20B in payments to ineligible mining suppliers

The country is courting new mining investment and seeks to ensure that Congolese partners have a genuine stake in the businesses supplying its mines.

Nigeria’s $8B oil security costs spark controversy

State oil company NNPC said it incurred the cost to protect oil facilities.

Africa launches credit rating agency

African Union’s new rating agency promises to add a fresh voice in a market dominated by the Big Three credit rating agencies.

Bridging Africa’s data gap

For decades, a lack of data has held back economic development in countries across Africa.

Solar market set for Africa boom, says report

Sub-Saharan Africa’s off-grid solar market is due to expand by 450% by 2035, say a.

Sahel states launch Russia-backed TV station

Tafouk TV signed a cooperation agreement with the parent company of Moscow’s broadcaster RT to jointly cover events, reports RFI.

Dangote Cement eyes London listing

The firm is hoping to raise up to $1 billion, a person familiar with the plans told Semafor.

South Africa and US envoys trade barbs

The deterioration in ties has simmered for nearly two years, raising fears that Washington may take more economically damaging steps.

Ethiopia recaptures Tigray capital amid conflict escalation

Experts fear a renewed conflict between Ethiopia and the Tigray People’s Liberation Front could lead to a severe humanitarian crisis.

Washington has picked a side in Ethiopia’s new war

‘Commercial diplomacy’ won’t protect Red Sea security or counterterrorism goals if the Horn of Africa collapses into a regional conflict.

South Africa is a crime scene

A recent spate of murders and mass shootings shone a light on the realities of violence in South Africa.