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Moody's downgrades Afrexim on weak asset performance, shrinking funding sources

By: Reuters     2nd July 2025 Ratings agency Moody's has slashed its rating on Afreximbank, the embattled African lender's second downgrade in four weeks, citing... 

Kenyan flag

State capture, graft holding back Kenya’s economy, AfDB says

By: Bloomberg     2nd July 2025 Kenya needs to tackle graft that’s draining the nation’s finances and undermining economic growth, according to the African Development Bank.... 

Mali military reports coordinated attacks on its positions

By: Reuters     1st July 2025 Al Qaeda affiliate Jama’at Nusrat al-Islam wal-Muslimin (JNIM) has claimed responsibility for a series of coordinated attacks against military... 

More African News

Food supplies to some Sudan refugees could dry up within two months, WFP says

By: Reuters     1st July 2025 Food aid to help Sudanese refugees in four neighbouring countries could end within the next couple of months without an urgent injection of new... 

USAID cancelled rape survivor kits for Congo as conflict erupted

By: Reuters     1st July 2025 US President Donald Trump's administration cancelled a major contract to supply emergency kits for rape survivors in Congo as violence surged in... 

Guinea proposes extension of presidential term to seven years

By: Bloomberg     30th June 2025 Guinea’s interim parliament proposed that presidential term limits be extended, months before the country is scheduled to hold elections after four... 

Egypt flag

Egypt's economy grows by 4.77% in Q3 2024/25, planning ministry says

By: Reuters     30th June 2025 Egypt's economy grew by 4.77% in the third quarter of its 2024/25 fiscal year, up from 2.2% in the same quarter a year earlier, as manufacturing... 

Togolese President Faure Gnassingbé

Togo’s dynasty faces mounting protests over decades-long rule

By: Reuters     27th June 2025 Togolese President Faure Gnassingbé, whose family has run the West African nation for 58 years, faces mounting protests fanned by a manoeuvrer that... 

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