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Intelligence for the New World Economy

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Intelligence for the New World Economy
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Semafor Africa

Scientists discover Namib Desert beetle cools down when running

The Onymacris plana, a darkling beetle, is the first known land animal that gets cooler as it exercises, scientists said.
A species of darkling beetle found in the US.A species of darkling beetle found in the US. Robert Alexander/Getty Images.

Jobs creation must be top of African leaders’ agenda

Africa will experience the fastest labor-force growth of any region in the decades ahead.
Miners in hard hats.Philimon Bulawayo/Reuters

Ugandan President Yoweri Museveni wins seventh term

The elections were widely criticized by the UN and rights groups for severe repression of the opposition.
Ugandan President Yoweri Museveni.Ugandan President Yoweri Museveni. Abubaker Lubowa/Reuters.

Mali’s gold output fell 23% on Barrick Mining suspension

The result underscores the challenges faced by African governments trying to secure a greater share of mineral wealth.
Several ounces of gold.Joe Penney/Reuters

Absa executive calls for more banking partnerships to meet infrastructure goals

The era of individual banks single-handedly underwriting large projects is effectively over, said Charles Russon.
Shoppers walk past a logo of South African retail bank Absa in Soweto on April 10, 2025. Siphiwe Sibeko/File Photo/Reuters

Kenya launches $824M pipeline IPO amid transparency fears

The country’s first IPO since 2015 is part of a bid to fund infrastructure projects.
Tanker trucks at the Kenya Pipeline Company in the port city of Mombasa, Kenya, on June 7, 2018.Joseph Okanga/File Photo/Reuters

The flaws of ‘trade not aid’

Why the US Africa strategy needs a revamped development architecture — not just deals.

Director Spike Lee helps drive diaspora migration to Benin

The “My Afro Origins” project aims to reconnect descendants of the country with their cultural roots.

Caledonia Mining Corp bets on Zimbabwean gold

The company plans to spend $132 million this year to launch what would become Zimbabwe’s largest gold mine.

Uganda’s President Museveni takes early lead in election results

Reports emerged of deadly violence during the polls after a campaign noted for brutal state-led repression.

US immigrant visa pause hits 26 African countries

The suspension is the latest crackdown on migration under the Trump administration.

Nigeria courts non-Western trade deals to reach infrastructure goals

Trade Minister Jumoke Oduwole said Abuja was in discussions with several Global South nations and Gulf states to secure agreements.

Africa’s jobs and growth conundrum

While growth in sub-Saharan Africa is expected to accelerate this year and next, unemployment rates are rising across several nations.

Ghana settles $1.47 billion in energy debts

The West African nation was last year among 23 sub-Saharan African countries at risk of debt distress.

Uganda shuts internet down ahead of general election

President Yoweri Museveni is widely expected to extend his four-decade rule following Thursday’s vote.

Nigeria boosts UAE ties with major trade pact

The UAE will remove tariffs on more than 7,000 products, while Abuja will eliminate tariffs on 6,000 products over a five-year period.

Nigeria hires Republican-linked lobbyist to improve US ties

The $9 million deal with DCI Group appears to be a record for African lobbying in Washington, wrote The Africa Report.

South Africa’s AGOA uncertainty still looms

Analysts are uncertain if South Africa will remain eligible for the preferential trade pact after the bill makes its way through the Senate.