Sub-Saharan Africa is particularly vulnerable to waves of displacement from extreme weather events, the United Nation warns.
A British court found the former senator, his wife, and a doctor guilty of a conspiracy to exploit a street trader for his kidney on Thursday.
Obi, a businessman and former governor of southeastern Anambra state, came third in last month’s election, which was won by Bola Tinubu.
Nigeria’s financial stability is on the line in a legal battle where its opponent is claiming payments allegedly made to secure a contract are — simultaneously — both legal and illegal.
Ethiopia has been exporting wheat to boost its dwindling foreign currency reserves, raising concerns that it could deepen a looming food crisis.
Days after disclosing the extent of its exposure as a customer and portfolio company of Silicon Valley Bank, pan-African fintech startup Chipper Cash is said to be considering a sale.
Anxiety among African tech investors and founders over the collapse of Silicon Valley Bank last week drew attention to African startups’ reliance on banking relations abroad and increased consideration for home-grown solutions.
Rwanda’s President Paul Kagame, in an exclusive interview with Semafor, suggested there is a way to move forward on the possible release of activist Paul Rusesabagina.
Some of Nigeria’s largest fintech startups are quietly working on a joint strategy to tackle fraudulent transactions within their networks, starting with plans for a shared list of suspected criminals.
While the trend of democratic decline continued across the world, "missteps by autocrats" offered hope that democracy may be reaching a turning point, according to report on international freedom.
Africa-watchers have mixed feelings about the White House’s nomination of Ajay Banga to lead the World Bank. The former CEO of Mastercard is an atypical choice, coming from the private sector rather than the development finance world.
Alerzo, an e-commerce distributor of groceries to mom and pop retailers in Nigeria, has laid off hundreds of employees, three people familiar with the company told Semafor Africa.
The Supreme Court ruled that the country’s three largest banknotes will remain legal tender until Dec. 31 this year.
Bola Tinubu’s victory in Nigeria’s presidential election with just 37% of the vote has received a mixed response in the country, while analysts say the president-elect’s track record of raising taxes and delegating responsibility could foreshadow his approach to leading the country.
Bola Tinubu, a former governor of Lagos state and political kingpin, has won the most votes in Nigeria’s presidential election, according to the national electoral commission.