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Semafor Africa
🟡 Semafor Africa: Tariff management
In this edition: S. Africa responds to tariffs, Rwanda takes US migrants, and camel milk booms in Somalia.
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Airtel targets network expansion, mobile money in Safaricom battle
Airtel Africa’s Kenyan arm is accelerating a push to break Safaricom’s dominance in East Africa’s biggest economy.
Simon Maina/AFP via Getty Images
State Department pauses most visa processing in Zimbabwe
The decision comes as the Trump administration reportedly presses African nations to accept deported non-national migrants.
Umit Bektas/Reuters
Rwanda, US agree deportation deal
Rwanda will receive up to 250 deportees from the US.
Mandel Ngan/AFP via Getty Images
South Africa unveils US tariff response
The 30% rate is due to take effect on Friday.
A worker at a company in South Africa that exports valves to the US. Siphiwe Sibeko/Reuters.
US announces new visa bonds for travelers from Zambia, Malawi
Applicants will need to pay up to $15,000 for some tourist and business visas under a new pilot program.
Marco Longari/AFP via Getty Images
Shoprite to exit Ghana, Malawi
The move is part of the chain’s efforts to focus on its home market.
Siphiwe Sibeko/File Photo/Reuters
Orange taps OpenAI LLMs for translating African languages
Orange is one of Africa’s major mobile network and internet service providers with a presence in 18 countries.
Nigeria announces new fossil fuel tax
The surcharge to encourage clean energy use could raise more than half a billion dollars annually.
Côte d’Ivoire’s Ouattara anchors fourth presidential bid to economic growth
President Alassane Ouattara, 83, argues that only experience can push the country to upper middle-income status.
Uganda’s yearly coffee earnings almost double
The results were bolstered by global coffee prices hitting record highs this year.
Sahel’s junta leaders plan new investment bank
The bank is intended to reduce the states’ reliance on foreign donors for financing development projects.
Why Africa must localize health production
Local pharmaceutical production will help reduce the continent’s reliance on external supply chains, boosting its health security.
VC investment rises in southern Africa
Around $180 million was invested in startups in southern Africa last year across a record 224 deals.
Ghana cuts interest rates by historic margin
Bank Governor Johnson Asiama lowered the rate to 25%.
South Africa targets 3% inflation
South Africa’s Reserve Bank unveiled the policy shift after announcing it would cut the benchmark rate to 7%.
US hits Africa with new tariff rates
US President Donald Trump slapped a 30% duty on imports from South Africa after the continent’s largest economy failed to secure a trade deal.
mRNA vaccine trials raise hopes for tackling HIV
The results suggest the possibility of a vaccine for HIV/AIDS, which killed more than half a million people last year.
Côte d’Ivoire’s Ouattara seeks fourth term
The 83-year-old Ivorian president previously said he would step down from the helm of Francophone West Africa’s biggest economy.