Friday, October 30, 2026

Africa

October 13, 2026

Rwanda beats South Africa, Nigeria to secure F1 African Grand Prix hosting rights

Mr Domenicali said, “Africa has always been part of Formula 1’s future.”

Formula 1
October 13, 2026

Africa’s $2.1 trillion ‘sovereignty deficit’ leaves continent exporting capital, UN Assembly told

Mr Rahman said Africa’s challenge was “not a lack of resources” but a sovereignty deficit preventing African leaders from negotiating fair trade deals with international entities.

African finance ministers
October 13, 2026

IMF warns collateral-backed financing can deepen liquidity risks for African borrowers

IMF warned African borrowers that securing private credit from direct lenders with high-value collateral could increase default and liquidation risk.

IMF building
October 13, 2026

UN chief urges overhaul of global debt architecture as developing countries meet

United Nations chief António Guterres stressed the need to correct power imbalances in the global debt architecture.

African leaders
October 13, 2026

87-year-old man jailed 20 years for defiling nine-year-old girl in Ghana

An 87-year-old man, Yaw Gahornu, has been sentenced to 20 years’ imprisonment with hard labour for defiling a nine-year-old girl at Ofankor, a suburb of Accra, Ghana.

Yaw Gahornu
October 13, 2026

AfDB, Family Bank sign $10 million deal to support trade in Kenya

AfDB and Family Bank have signed a $10 million Trade Finance Line of Creditto expand Kenyan businesses’ access to foreign-currency financing.

Kenyan businesses
October 12, 2026

FBI seizes about $17 billion, arrests hundreds in raid on Ghana Yahoo Boys enclave

The operation was described by Mr Patel on social media as part of the agency’s efforts to combat fraud.

Federal Bureau of Investigation (FBI)
October 12, 2026

Africa’s digital payments economy to hit $1.5 trillion by 2030, Mastercard says

The report identified Nigeria, South Africa, Morocco and Kenya as countries facing distinct cybersecurity challenges.

Mastercard
October 12, 2026

Cameroon advocates lifting EITI suspension

Cameroon was officially suspended from the EITI in 2024 following a low-compliance score in its validation review.

Extractive Industries Transparency Initiative
October 12, 2026

U.S. condemns WFP attack, looting of humanitarian assistance in South Sudan

The United States condemned an armed attack on World Food Programme workers and the looting of humanitarian assistance in Chuilbong, Jonglei State, South Sudan.

South Sudan crisis