Zambia has a plan to transform the economy, but its one that rests on precarious foundations. As the global landscape shifts towards renewable energy, demand for copper is expected to fly.
While Zambia has the outlines of a new debt beginning, Zimbabwe has yet to begin to dig out from political and financial choices that have isolated it from global capital markets and its own people.
Russia and Africa can work together to protect national sovereignty and put an end to colonialism, Russian President Vladimir Putin told African delegates at the 2023 Africa-Russia summit in St. Petersburg.
Risk premia in Africa have experienced a decline over the past month as the worst of the polycrisis begins to recede, said Capital Economics in a note on June 30.
The African delegation’s visit to Ukraine on June 16 to promote peace was embroiled in controversy, while Kyiv met their proposal with a lukewarm response.