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CONFIDENTIALLY SPEAKING

The Africa Confidential Blog

Displaying 61-70 out of 495 results.

  • 9th June 2022

Belgian king fears reparations call for Congo atrocities

Blue Lines

When Belgium's King Phillipe, visiting Congo-Kinshasa from 6-11 June, returned the Kakungu mask, one of more than 84,000 artefacts looted during colonial rule, he reinforced a trend among Europe's former imperial powers. Belgium is the latest state to tak...

  • 26th May 2022

Cascading pressures on AfDB as it meets in Accra

Blue Lines

The African Development Bank opened its annual meeting in Accra on 23 May with dire projections of accelerating inflation, faltering growth and mounting debt service costs. Most of this interruption in what had been the continent's pandemic recovery was t...

  • 12th May 2022

Debt, prices and airlines point to economic freefall

Blue Lines

A badly timed Eurobond issuance, interest rates chasing roaring fuel and food inflation and a treasured national carrier split in two then sold for three US dollars. Those are the alarming developments in three of Africa's most important economies. Kenya'...

  • 28th April 2022

Africa's private wealth to hit $3 trillion by 2031 despite current crisis

Blue Lines

With bizarre timing, a report forecasting that private wealth in Africa will balloon by 38% to over US$3 trillion by 2031 has emerged as the spring meetings of the IMF and World Bank warned that tens of millions would be thrown into poverty by roaring foo...

  • 14th April 2022

Declines and diversions likely after 'Peak Aid' in 2021

Blue Lines

Foreign aid from rose to an all-time high of US$179 billion in 2021, up 4.4% in real terms from 2020, according to preliminary data collected by the Paris-based Organisation for Economic Cooperation and Development. OECD Secretary-General Mathias Cormann ...

  • 31st March 2022

Axis of authoritarians

Blue Lines

The axis of authoritarians, fuelled by geopolitical tensions, was on parade in Cairo on 30 March when Egypt's President Abdel Fattah el Sisi received Sudan's military leader General Abdel Fattah al Burhan. Aside from a mutual distrust of democracy, these ...

  • 17th March 2022

Ukrainian refugees expose European double standards

Blue Lines

European states are competing to offer the most generosity to the more than 3 million refugees who have fled Ukraine since Russia's invasion. But it has prompted some activists and officials to look more closely at the plight of the thousands of Africans ...

  • 3rd March 2022

Ukraine crisis fastracks anti-corruption reforms

Blue Lines

The biggest war in Europe for seven decades is destroying lives and weakening economies with its effects rippling well beyond the continent. An unexpected effect is the consensus among European states to back consequential sanctions against Russia, just a...

  • 17th February 2022

Kenya takes on Rabat on Western Sahara

Blue Lines

Kenya's President Uhuru Kenyatta has waded into the African Union's dispute over the status of Western Sahara, incurring Moroccan displeasure by putting the conflict on the agenda of the Peace and Security Council (PSC), which Kenya chairs, on 16 February...

  • 3rd February 2022

Wave of coups upend Sahel security plan

Blue Lines

In the early afternoon of 1 February in Bissau, President Umaro Sissoco Embaló and his cabinet came under armed attack at a government compound. After four hours of shooting, forces loyal to Embaló regained control. Who and what was behind the attack is y...

Displaying 61-70 out of 495 results.