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Semafor africa

Africa’s e-sports industry hits record highs

The e-sports industry is expanding at six times the global rate across the continent, with Africa home to 350 million players as of 2024.
Gamers at the Abidjan International Audio-Visual Content Fair.Sia Kambou/AFP via Getty Images

Ghana’s bank plans to license crypto trading

The bank is finalizing a regulatory framework to send to parliament by September.
Representations of cryptocurrencies are seen in this illustration.Dado Ruvic/Illustration/File Photo/Reuters

Warnings over Kenya’s rising foreign debt burden

Last week Moody’s said the country’s debt servicing costs would remain stubbornly high.
Customers queue at the Equity bank on Mama Ngina street in Nairobi.Simon Maina/AFP via Getty Images

The Afro-European century: Betting on a shared future

The continent with the most to gain from Africa’s rise is Europe — but only if it acts accordingly.
The Arcadia Lithium mining site in Goromonzi, Zimbabwe. A lithium mining site in Zimbabwe. Tafadzwa Ufumeli/Getty Images.

African universities risk being left behind in AI era

Academics and researchers are calling for written policies on use of the tech.
Students attend Felix Houphouet-Boigny University in Abidjan on June 10, 2025.Issouf Sanogo/AFP via Getty Images

Malaria surges in parts of southern Africa

Botswana, Eswatini, Namibia, and Zimbabwe have all reported new outbreaks in the last year.
Medical interns register details of a child at Apac General Hospital in April, 2025 in Uganda.Hajarah Nalwadda/Getty Images

Ethio Telecom marks 80% profits surge

The state-owned company attributed the rise to an increase in customers.

US advances sanctions plans for South Africa

Lawmakers voted to send a bill that proposes imposing sanctions on some African National Congress officials to the House of Representatives.

Mozambique opposition leader hit with five charges

Venâncio Mondlane faces charges including inciting terrorism following a deadly crackdown on post-election protests.

Senegal’s power struggle deepens debt crisis

A rift within Senegal’s government could plunge the West African nation’s already beleaguered economy into further disarray.

Africa lags behind in access to clean cooking fuels

Cooking with such equipment has been found to contribute to 800,000 premature deaths per year, mostly due to household air pollution.

Africa tops China’s Belt and Road investments

Oil and gas spending surged to a record high of about $44 billion — higher than in all of 2024.

South African education minister fired ahead of vote

The move appeared to be a bid to defuse tensions ahead of a critical budget vote, after the Democratic Alliance Party accused the minister of misconduct.

Nigeria’s GDP grows after recalculation

Nigeria’s economy is 30% larger than previously estimated after the statistics agency factored in new sectors to recalculate the country’s GDP.

Côte d’Ivoire’s election power scramble gains momentum

A meeting between ruling party leaders and a prominent opposition candidate is being closely watched in the Francophone economy.

Nigeria’s crisis-hit economy expands 3% in Q2

Inflation peaked at 34% after the government cut a costly fuel subsidy in 2023, a move economists say was needed despite the short-term pain.

Africa’s four wealthiest men richer than half the continent: Report

Oxfam’s report on rising African inequality shows how the billionaires are richer than 750 million of the continent’s population combined.

KoBold Metals inks minerals exploration deal with DR Congo

The mining company is backed by US billionaires Bill Gates and Jeff Bezos.