Archives: Africa

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Trump and Africa: Imagining a Positive Legacy

The contours of Trump’s Africa policy are emerging, although key appointments, such as the assistant secretary of state for African affairs, have yet to be made. On February 13, President Trump had telephone conversations with President Muhammadu Buhari of Nigeria and President Jacob Zuma of South Africa—his first with leaders from sub-Saharan Africa. The calls, … Continue Reading

ECOWAS forces Gambian president’s hand

The end of the 22-year reign of former Gambian President Yahya Jammeh, ushered in by the December election of opposition candidate Adama Barrow, is widely seen as a win for democracy in Africa. More so than anything else, this is a win for the Economic Community of West African States (“ECOWAS”) and regional self-policing in … Continue Reading

Ghana’s New President: Jobs, Jobs, Jobs

Nana Akufo-Addo, the 72-year-old leader of the New Patriotic Party (NPP), was elected Ghana’s president on December 9 by a margin of 1 million votes, affirming the country’s status as a leading democracy on the continent. The peaceful election  supports former assistant secretary of state for African affairs and election observer Ambassador Johnnie Carson’s recent … Continue Reading

Donald Trump and Africa

For Africa, at stake in this election of Donald Trump is the strong bipartisan consensus in Congress that has been the cornerstone of U.S. policy toward the continent for the last three administrations. This consensus, supported by Presidents Clinton, Bush, and Obama, was predicated on the notion that Africa has opportunities worth U.S. attention and … Continue Reading

UK rules prompt businesses to report on slavery in their supply chains

According to the 2016 Global Slavery Index, an estimated 45.8 million men, women and children around the world are ensnared in some form of modern slavery, which includes slavery, servitude, forced labor and human trafficking. Sub-Saharan Africa is particularly vulnerable to this scourge: Estimates of modern slavery in Sub-Saharan Africa accounted for approximately 14 percent … Continue Reading

Nigeria floats the naira

On May 25th, the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, made the long-awaited announcement that the country would no longer peg the naira at N197 to the dollar. This change went into effect on Monday, which was the first time in recent history that the naira’s value was determined by market … Continue Reading

Investing in solar energy

Solar energy is a very good and important investment in sub-Saharan Africa. The energy is cheap, clean and relatively easy to install. It is also very beneficial to consumers.  As Andy Herscowitz, the coordinator for Power Africa notes, individuals do not have to rely on an electricity grid that can be unreliable, and once they … Continue Reading

Japan and Africa: Turning a New Page

Is Africa becoming a strategic priority for Japan? The Sixth Tokyo International Conference on African Development (TICAD VI), held in Nairobi, Kenya August 27-28, suggests that Japan is looking at Africa differently than in the past. For one, the five previous TICADs have been held in Japan; this is the first to be convened on … Continue Reading

A summary of Congressional hearings on U.S. sanctions in Sub-Saharan Africa

This past June, the Senate Foreign Relations Subcommittee on Africa and Global Health Policy held a hearing to discuss U.S. sanctions in Sub-Saharan Africa. The United States, the European Union, and the United Nations impose far more sanctions on Sub-Saharan African targets than on any other region, and these sanction regimes have been changing over … Continue Reading

As Europe divides, Africa unites with common African Union e-passport

In 2015, African Union (AU) Commissioner for Political Affairs, Dr. Aisha Abdullahi, indicated that a plan was underway to implement a single African passport. After recent announcements that the AU passport would be unveiled at the AU Summit in Kigali this month, the long-awaited continental e-passport has finally been revealed. The first recipients of the … Continue Reading

Nigeria floats the naira

On May 25th, the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, made the long-awaited announcement that the country would no longer peg the naira at N197 to the dollar. This change went into effect on Monday, which was the first time in recent history that the naira’s value was determined by market … Continue Reading

Zimbabwe’s Economic Reform Challenges

Ten months ago, on August 26, 2015, Zimbabwe’s 92-year old leader, Robert Mugabe announced a 10-point plan to revitalize economic growth. Since then, the government has taken steps that signal the intention to transform a moribund economy. But the question is whether a Mugabe-led government can be successful in restoring growth and confidence in a … Continue Reading

Commercializing Africa’s Rapid Urbanization

In a recent interview, Executive Director of the Nairobi-based United Nations Human Settlements Programme (UN-Habitat) Dr. Joan Clos stated that “urbanization will be a big opportunity for Africa in the coming years.”  It comes as no surprise that harnessing the potential of Africa’s  urbanization will be a top agenda item at Habitat III, the major … Continue Reading

Intra-African travel is about to become easier, safer and more open

Intra-African travel — which is critical to unlocking the region’s tourism potential — is set to become easier, safer and more open. Easier — Open Skies Agreement between Ethiopia and Rwanda. Ethiopia and Rwanda signed an aviation agreement that will allow their respective national carriers — Ethiopia Airlines and RwandAir — to operate in the … Continue Reading

No Holidays for African Currencies

As the currency crisis plaguing Sub-Saharan Africa in 2015 continued through the recent holidays, Nigerians have learned that they can have their naira, but they can’t spend it too. Nigerians saw several restrictions on foreign exchange (“forex”) put in place, limiting what they could do with their naira. Triggered by the dive in oil prices … Continue Reading

How Mozambique Can Realize IMF’s Recent Predictions of Exponential Economic Growth

Early last month, the International Monetary Fund (IMF) caught the attention of investors when it issued a report predicting that Mozambique’s average economic growth rate between 2021-2025 could reach as high as 24 percent per annum and liquefied natural gas projects (LNG) could reach more than 50 percent of the country’s nominal output by the … Continue Reading

AfDB President Launches “New Deal on Energy in Africa”

New African Development Bank President Akinwumi Adesina chose last week’s World Economic Forum at Davos for the official launch of the Bank’s New Deal on Energy for Africa, along with a Transformative Partnership for Energy in Africa (TPEA).  While a candidate for the AfDB president position a year ago, Adesina placed energy at the top … Continue Reading

An end to the never-ending South African poultry dispute?

President Obama, on January 11, suspended the application of duty-free treatment to South Africa’s agricultural exports that come into the U.S under the African Growth and Opportunity Act (AGOA). The suspension will take effect on March 15 if South Africa does not lower tariffs on American poultry products before then. The development represents another twist … Continue Reading

Zimbabwe (re-)opens to the West

Zimbabwe, in an economic quagmire for nearly two decades, has begun to implement economic reforms that, if continued, could help the nation improve the quality of life for the majority of its citizens. This nascent reform movement also suggests that government leaders have realized that its current singular reliance on China will not solve the … Continue Reading

Four Ways To Improve Existing U.S. Resources for Doing Business in Africa

During the recent meeting of the President’s Advisory Council on Doing Business in Africa (PAC-DBIA), Commerce Secretary Pritzker candidly admitted that the Obama Administration has been “grappling” with how to move forward on the proposed U.S.-Africa Infrastructure Center because the U.S. Commercial Service does not have the necessary resources and training to effect a proposal … Continue Reading
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