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AfricaEconomy

Zimbabwe and Namibia to feed the hungry with elephant meat

Using elephant meat to feed the hungry in Zimbabwe and Namibia is a complex issue that intersects with conservation, ethics, and food security. Here’s an overview of the situation: Background Zimbabwe and Namibia both host significant populations of elephants, which are often seen as both a vital part of the ecosystem and a challenge for local communities. As human populations grow, so do…
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AfricaEconomy

Russia Increases Wheat Exports To Africa

In recent years, Russia has significantly increased its wheat exports to Africa, a move that reflects both strategic economic interests and broader geopolitical considerations. This expansion is part of a larger effort by Russia to strengthen its influence on the continent and secure new markets for its agricultural products. Economic and Geopolitical Context Russia’s push to boost…
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AfricaBusinessEconomy

Algeria Joins BRICS Bank

In a strategic move that underscores its growing economic influence, Algeria has officially joined the BRICS Bank, now known as the New Development Bank (NDB). This milestone marks a significant expansion of the NDB’s reach and represents a new chapter in Algeria’s economic and geopolitical positioning. The announcement was made at the BRICS summit in Johannesburg, where Algerian President…
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AfricaBusinessEconomy

Will Africa Take Its Gold From A Greedy West?

The idea of Africa reclaiming its gold from the West taps into a complex web of historical, economic, and geopolitical issues. Historically, Africa has been a treasure trove of resources, including gold, which has often been exploited by colonial and post-colonial powers. The legacy of this exploitation has had long-lasting impacts on the continent’s development and its relationship with the…
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AfricaEconomy

Why is Namibia culling elephants and hippos for meat?

Namibia’s decision to cull elephants and hippos for meat is driven by a combination of ecological, economic, and social factors. This controversial practice has sparked considerable debate, reflecting the complex balance between wildlife management, conservation, and community needs. Reasons for Culling Overpopulation and Ecological Impact: Namibia has experienced significant…
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AfricaBusinessEconomy

Libya oil production halted over central bank power struggle

Libya’s oil production has recently come to a halt amid a deepening power struggle involving the country’s central bank, highlighting the severe impact of political instability on one of Africa’s largest oil producers. Background: Libya has long been a significant player in the global oil market, with its vast reserves and production capacity playing a crucial role in the…
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AfricaEconomy

Senegal to review oil and gas contracts

Senegal is set to review its oil and gas contracts as part of a broader effort to ensure that the country maximizes the benefits from its natural resources. This move comes in response to growing concerns about the terms of existing agreements and their implications for Senegal’s economic development. The review aims to address several key issues. Firstly, there is a need to ensure that the…
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