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Semafor africa

Netflix cuts original Nigeria productions

Netflix is cutting back on original Nigeria productions but has denied reports it is leaving the country.
Two seated menBlack Book/Anakle Films

Rwanda bets on Formula 1, sports deals to boost tourism

Rwanda is pushing ahead with its bid to be added to the lucrative Formula 1 race calendar and double down on sports events to boost economic growth.
Formula one racing carsHamad I Mohammed/Reuters

Venice Biennale appoints first African woman to curate show

Cameroon-born Koyo Kouoh will oversee the 61st edition of the world’s longest-running contemporary art exhibition.
A photo of Koyo KouohInstagram/La Biennale

Kenyan banks fear collapse over proposed law

Up to 24 banks in Kenya could be forced out of business if plans to raise capital requirements become law, says the country’s banking industry body.
Kenyan lawmakers sitting in Parliament Sir Kevin/Wikimedia Commons

Chinese company snaps up Nigerian cement manufacturer

Lafarge Africa is one of Nigeria’s largest cement companies with four plants that have a combined output of 10.5 million tonnes per year.
Lafarge Africa/ Instagram

South Africa’s contracting economy blamed on agriculture sector

South Africa’s economy unexpectedly shrank in the third quarter of this year, driven by a weak performance in the agricultural sector.
Solidarity Center/Flickr

Nigeria begins malaria vaccine rollout

The West African nation accounted for nearly a third of global malaria deaths in 2022, according to the World Health Organization.

Tech startups drive investment into Francophone Africa

Venture capital investment in French-speaking Africa is surging, driven by pandemic-era tech innovation and regulatory changes.

South Africa leads ranking of sub-Saharan African universities

The University of Johannesburg has been ranked as sub-Saharan Africa’s best university, beating two South African rivals to the top spot.

Angola bets US lobbying will pay off beyond Biden

Most Angolans and US-Africa watchers believe a Trump White House will keep the Lobito Corridor project in place.

Standard Chartered weighs Africa exits

The lender said it is considering divesting from its wealth management and retail banking units in Botswana, Zambia and Uganda.

Uganda downplays hacking of its central bank

The government confirmed that hackers stole money but refuted local news reports that said nearly $17 million was stolen.

Nigeria’s president seeks stronger France ties with state visit

Nigerian President Bola Tinubu and French President Emmanuel Macron are expected to discuss finance, solid minerals, trade, and investments.

Orange partners with Meta and OpenAI for African languages AI models

The French telecoms company plans to train large language models on African languages.

Global HIV infection rates are falling fast, but risks to progress remain

New infections dropped by more than a fifth between 2010 and 2021, according to a new study, while the number of deaths fell by 40%.

Nigerian economy surpasses expectations

Nigeria’s economy grew by almost 3.5% in the last quarter, with the services industry expanding at its fastest pace in nearly two years.

African countries ease visa restrictions for African visitors

Benin, Seychelles, Rwanda and the Gambia are the only countries that do not require visas from any African travellers.

Zimbabwe plots return to international capital markets

Zimbabwe’s government has laid out policies it hopes will pave the way for a return to international capital markets.