Africa Business

Nigerian president woos French investment on state visit

President Bola Tinubu said on Thursday Nigeria is “open for business” as he embarked on a state visit to France, with Paris looking to boost ties in English-speaking Africa following a series of setbacks with former allies on the continent.The 72-year-old president met with his French counterpart, Emmanuel Macron, during the first official state visit …

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Contentious COP29 deal casts doubt over climate plans

A bitterly-fought climate finance deal reached at COP29 risks weakening emissions-cutting plans from developing countries, observers say, further raising the stakes for new national commitments due early next year.The UN climate talks in Azerbaijan, which concluded last Sunday, were considered crucial to boosting climate action across huge swathes of the world after what will almost …

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France’s Macron hosts Nigerian leader in new Africa strategy

Thursday marks the beginning of a two-day state visit to France by Nigerian President Bola Tinubu, with both sides scenting economic rewards as Paris looks to build new ties in Africa after a series of setbacks.The first such formal visit by a Nigerian leader since 2000 comes after military coups and changing attitudes have lessened …

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Truckers strike accusing Wagner of driver death in Central African Republic

Soaring prices have left a bitter taste in shoppers’ mouths at a market in Bangui, as a strike by Cameroonian truckers accusing Russia’s infamous Wagner mercenaries of a recent murder cuts off the Central African Republic (CAR).Among the poorest countries in the world, landlocked CAR is heavily dependent on imports, more than 40 percent of …

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Malawi president vows to tackle fuel crisis, hunger and violence

Malawi’s President Lazarus Chakwera on Wednesday announced measures to tackle a fuel crisis and hunger, while condemning political violence in the country.Earlier this year, the east African nation declared a state of disaster in 23 of its 28 districts after a drought destroyed crops, threatening 5.7 million people with hunger.In a televised address, Chakwera recognised …

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Thousands still queuing to vote after Namibia polls close

Logistical issues meant that thousands of Namibians were still waiting to vote in pivotal presidential and legislative elections late on Wednesday as the polling stations were scheduled to close.The vote could usher in the desert nation’s first woman leader even as her party, the ruling South West Africa People’s Organisation (SWAPO) faces the strongest challenge …

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