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Intelligence for the New World Economy

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Intelligence for the New World Economy
Semafor World Economy

Semafor Africa

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

Aspen Pharmacare sees weight-loss drugs driving earnings

Aspen sells Mounjaro, the weight-loss drug made by US manufacturer Eli Lilly, in South Africa.
Mounjaro.
Almaas Masood/Reuters

Kenya’s Ruto tells Tata Chemicals to leave

The president accused the company of failing to create jobs and process minerals locally.
Kenyan President William Ruto.
Denis Balibouse/Reuters

Uber’s Nigeria exit furthers retreat from Africa

The company, which also left Uganda, will continue operating in other African countries, including South Africa.
People walk past an Uber car in Lagos.
Sodiq Adelakun/Reuters

Sasol pollution linked to premature deaths, study suggests

Emissions from Sasol’s flagship Secunda plant are linked to about 1,000 premature deaths annually, a study by a Finland-based nonprofit suggests.
A man walks past Sasol’s synthetic fuel plant in Secunda.
Siphiwe Sibeko/Reuters

El Niño threatens West Africa’s cocoa producers

The weather phenomenon has been known to intensify the yearly Harmattan winds, which dry out topsoil and cause pods to fall.
A farmer examines a cocoa pod at his farm near the village of Digrikro in Daloa, Ivory Coast.
Luc Gnago/Reuters

IMF agrees $2.2B Senegal loan package

The move is a key step in tackling an economic crisis in the west African country sparked by the discovery of previously unreported debt.

Nigerian opposition vows to restore fuel subsidy

Nigeria’s opposition African Democratic Congress said it will anchor its presidential election campaign on a promise to reinstate a multibillion-dollar fuel subsidy program.

Nigeria’s economy grows at fastest pace in five years

President Bola Tinubu has overseen a turnaround of Africa’s third-largest economy.

US-Africa trade pact extended

The development represents an interim win for African governments worried about trade relations with the US under the Trump administration.

How kidnapping became an industry in Nigeria

Insecurity has been a pivotal issue in Nigerian elections for decades — underscoring governments’ inability to tackle the issue.

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.

Valterra bets on China platinum demand surge

China’s push into hydrogen-powered freight trucks could deliver a fresh wave of demand for the metals.

Zambia charges opposition leader with treason

The case that threatens to taint Lusaka’s image as a relatively stable southern African democracy.

Nigeria restored to FTSE Russell Index

The country was dropped from the index, which measures equities in frontier markets, following concerns about the ability to repatriate earnings.

Nigeria’s worsening insecurity tests president’s second-term bid

Security challenges in Africa’s most populous country are becoming a defining issue in its election campaign.

Environmental journalists in Africa facing violence, says report

The International Press Institute, a nonprofit that aims to protect media freedom, recorded 26 incidents of attacks and threats in the five months to March.

Africa set for solar installations record in 2026

The continent is on track to install 17 gigawatts of solar in 2026, up 45% year-on-year.