Africa's Growth Story Runs Ahead of Its Financing
Strong quarters in Nigeria and a turnaround at Eskom point one way; borrowing costs and thin capital markets point another. The gap between them is the continent's central economic question.
Strong quarters in Nigeria and a turnaround at Eskom point one way; borrowing costs and thin capital markets point another. The gap between them is the continent's central economic question.
The case was confirmed on 3 September, more than two months after authorities in the area had declared the outbreak over — and in territory outside government control.
Second-quarter GDP came in at 4.43% year on year, and the securities regulator cleared what would be one of the largest listings in Nigerian market history.
South Africa's state power utility doubled profit and posted consecutive years in the black, a reversal for a company that was the country's central economic problem.
The killings add to a civilian toll in a conflict that has produced one of the world's largest displacement crises with comparatively little international attention.
Reigning champion Argentina escapes with remarkable World Cup victory over Egypt Audio will be available later today. Lionel Messi #10 of Argentina celebrates scoring his team's second goal during their World Cup match against Egypt in Atlanta on Tuesday. Elsa/Getty Images hide caption toggle caption Elsa/Getty Images They looked beaten. And out.
Somali referee Omar Abdulkadir Artan greets fans who show support for him, after he was denied entry into the United States where he had traveled to take part in the World Cup and was forced to return to his country, in Mogadishu, Somalia on June 10, 2026.
As attacks on migrants resurface in parts of South Africa, critics are questioning whether the government's response to xenophobia is working. South Africa has faced repeated outbreaks of violence targeting migrants from Zimbabwe, Nigeria, Somalia, Ethiopia, Malawi, Mozambique, Ghana and Zambia.
As anti-foreigner tensions resurface in parts of South Africa, critics are questioning whether the government's response to xenophobia is working. South Africa has faced repeated outbreaks of violence targeting migrants from Zimbabwe, Nigeria, Somalia, Ethiopia, Malawi, Mozambique, Ghana and Zambia. Easlier this month, Nigeria summoned South Africa's acting high commissioner, citing growing anti-African migrant protests.
Joint airstrikes by the US and Nigeria have killed at least 175 fighters of the so-called Islamic State (IS) terror group in Nigeria's northeast. The jihadist group's global second-in-command was among those killed, according to the US Africa Command (AFRICOM).
Saleh Mamman, a former Nigerian minister of power was arrested on Tuesday, days after he was sentenced in absentia to 75 years in prison for laundering 33.8 billion naira ($24.6 million), in what was widely described as a rare high-profile conviction.
The United States and Nigeria conducted fresh strikes on Sunday against so-called Islamic State jihadists in northeast Nigeria's Borno State, the US military said Monday. At least 20 jihadists were killed in the weekend strikes, according to the Nigerian military.