FOCAC follow-up: African diplomats visit #China to mark anniversary

At the Forum on China-Africa Cooperation (FOCAC) in Johannesburg a year ago, Chinese President Xi Jinping pledged a $60 billion economic package that essentially tripled China’s commitment in Africa. To mark the anniversary of the historic 2015 FOCAC summit, a group of African diplomats spent this week in China’s Fujian province….

Trudeau details African aid programs during summit in Madagascar

Canadian Prime Minister Justin Trudeau highlighted his nation’s continued investment in African development during the XVI Summit of La Francophonie, held this past weekend in Madagascar. President Hery Rajaonarimampianina of Madagascar first welcomed the delegations to Antananarivo, where he stressed the importance of cooperation among member states in meeting the…

Algeria: Budget plans add to political, economic tensions

Algerian teachers and medical workers are threatening strikes as the country’s economic woes linger amid low oil prices, and the government proposes tax hikes and salary freezes to stretch the budget. The three-year economic plan released last month also considers reduced food subsidies, with increases in bread and milk prices. Algerian…

Lagarde: Africa’s tech, soft infrastructure are IMF priorities

Christine Lagarde, managing director of the International Monetary Fund, said soft infrastructure investment across Africa is a development and investment priority as the IMF encourages a more inclusive – and more vigorous – approach to global economic growth. “More can be done to raise growth now and make it more inclusive,”…

Will Egypt push through Africa’s first free trade agreement?

It’s not often that two former generals-turned-presidents meet on the sidelines of an international conference. Yet this is exactly what happened when former major general and incumbent Nigerian president Muhammadu Buhari met in Cairo with former field marshal and Egyptian president Abdel Fattah el-Sisi. The two gathered in Sharm el…

Sam Maloof

Sam is a major in international relations, currently based in Cairo

Nigeria currency crisis: Naira in a free fall for all

It is no longer news that Nigeria is the biggest market in Africa. Over the past few years, the economy grew at a pace that defied many economic indices to walk the ladder as the number one economy in Africa. However, in recent months, the chicken has come to roast….

Erukilede Julius

Erukilede Julius is a legal practitioner, entrepreneur and energy professional.

Zanzibar: CCM call for election rerun

While the situation remains calm in Zanzibar, the archipelago has not had a parliament since November last year due to questions over the validity of the presidential vote. Even though President John Magufuli was the winner in Tanzania, Zanzibar remains in a confused state of affairs. The semi-autonomous archipelago went…

Nigeria: the missing gaps in the new budget

On December 22 2015, the Nigerian President Muhammadu Buhari presented his inaugural N6.08 trillion budget proposal to the joint session of the Nigerian National Assembly. For an administration which ascended to presidency on the change mantra, Nigerians were not surprised at the modestly reflationary budget geared towards the spluttering domestic…

Erukilede Julius

Erukilede Julius is a legal practitioner, entrepreneur and energy professional.