African Current Affairs
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African Current Affairs
Articles, videos and sounds related to African news and current affairs, gathered by the Reuters Senior Nigeria Correspondent.
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Cash gifts and 'crocodile holes': Gambia's outgoing ruler

Cash gifts and 'crocodile holes': Gambia's outgoing ruler | African Current Affairs | Scoop.it
Gambia's President Yahya Jammeh was celebrating his 48th birthday in Banjul in May 2013 when he saw a poor street hawker selling peanuts with a child strapped to her back.
Alexis Akwagyiram's insight:
"He could be very jovial and kind and then lose his temper like a mad dog". A great profile of Gambia's outgoing president, who has ruled the west African country for 22 years, following his surprise election defeat. Written by my Reuters colleague Edward McAllister.  
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Violence and political pressure anger Nigeria's Shi'ites

Violence and political pressure anger Nigeria's Shi'ites | African Current Affairs | Scoop.it
Blackened walls and piles of rubble are all that is left of the house of a leader of Nigeria's Shi'ite minority after it was burned down by machete-wielding youths in the tense northern city of Kaduna.
Alexis Akwagyiram's insight:
My Reuters article from Kaduna, northern Nigeria, about violence and a political crackdown that threaten to radicalise the country's largest Shi'ite Muslim sect, pitting them against the Sunni majority in that part of Africa's most populous nation. Some fear they could be the next Boko Haram. 
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Nigerian property crash attracts funds looking beyond recession - REUTERS

Nigerian property crash attracts funds looking beyond recession - REUTERS | African Current Affairs | Scoop.it
* Property prices drop sharply in Nigeria due to recession* Nigeria attractive only for high-risk investors withpatience* Nigeria will need
Alexis Akwagyiram's insight:
Nigeria's property crash offers opportunities for brave investors looking beyond the recession. My Reuters feature on how investors, mainly from South Africa, believe Nigeria's size and under-development make the country's property market attractive in the long term - despite the country's first recession in 25 years. 
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Is this Africa's most influential woman?

Is this Africa's most influential woman? | African Current Affairs | Scoop.it
Chimamanda Ngozi Adichie was named as the new face of Boots No7 Tuesday, further securing her position as one of the most influential African women.
Alexis Akwagyiram's insight:
An interesting article on the global cultural and political influence wielded by Nigeria's most celebrated contemporary author, Chimamanda Ngozi Adichie. 
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Chimamanda Ngozi Adichie: Nigeria’s Failed Promises

Chimamanda Ngozi Adichie: Nigeria’s Failed Promises | African Current Affairs | Scoop.it
In a country enamored of dark humor, a common greeting among the middle class now is “Happy recession!”
Alexis Akwagyiram's insight:
A beautifully written look at disillusionment with Nigeria's political and economic malaise, by celebrated author Chimamanda Ngozi Adichie in the New York Times.
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Nigeria mining ministry in talks over $500 million fund and corporate bonds

Nigeria mining ministry in talks over $500 million fund and corporate bonds | African Current Affairs | Scoop.it
Nigeria's government is in advanced talks with its sovereign wealth fund and stock exchange to create a $500 million exploration fund and corporate mining bonds to attract investment, its mining minister said.
Alexis Akwagyiram's insight:
Nigeria is keen to diversify its economy away from its reliance on crude oil sales. One way, in a country that has an estimated 44 varieties of untapped minerals, is to invest in mining. That's what the mining minister explained during an interview. 
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African Development Bank to support too big to fail Nigeria but FX reforms needed | Reuters

African Development Bank to support too big to fail Nigeria but FX reforms needed | Reuters | African Current Affairs | Scoop.it
LONDON (Reuters) - The African Development Bank will help Nigeria to overcome its recession but the oil producer should increase taxes and lift hard currency curbs to ease the dollar shortages choking
Alexis Akwagyiram's insight:
The African Development Bank will rally strongly around Nigeria to overcome its recession. The lender's president told Reuters the country, which has Africa's biggest economy, is "too big to fail" but said it should increase taxes and lift its hard currency restrictions. 
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The policing of the roots of blackness

The policing of the roots of blackness | African Current Affairs | Scoop.it
The thickness and texture of my black hair was under constant scrutiny when I was a child. My aunt used to call me bossiekop (from the Afrikaans, meaning bushy head). The kids at school would use t…
Alexis Akwagyiram's insight:
"Policing of black hair often begins at a very young age, in the most subtle and intimate spaces." A very personal Africa is a Country piece about the politics of black hair, largely inspired by protests at schools in South Africa. 
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Nigeria must consider oil asset sales as foreign loans delayed: Senate leader

Nigeria must consider oil asset sales as foreign loans delayed: Senate leader | African Current Affairs | Scoop.it
Nigeria must consider selling stakes in joint ventures with oil majors and other assets as talks to borrow abroad have not succeeded yet and would in any case not generate enough funds to stimulate economic recovery, the leader of the Senate said.
Alexis Akwagyiram's insight:
Insightful Reuters interview with Bukola Saraki, the head of Nigeria's upper house of parliament and the country's third most senior politician, where he says the OPEC member should consider selling its oil assets to stimulate economic growth and get out of its first recession in more than 20 years. 
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Nigeria launches offensive against militants in Delta oil hub | Reuters

Nigeria launches offensive against militants in Delta oil hub | Reuters | African Current Affairs | Scoop.it
YENAGOA, Nigeria (Reuters) - Nigeria's military said on Saturday it had launched a new offensive against militants in the oil-producing Niger Delta, killing five and arresting 23.
Armed groups have claimed
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Africa's strained social networks open doors for life insurers

Africa's strained social networks open doors for life insurers | African Current Affairs | Scoop.it
* In Africa, communities act like insurance policies* As social ties fray, life insurance gains customers* Kenya, Ghana attract insurers, mar
Alexis Akwagyiram's insight:
Why changing attitudes and rising disposable incomes in many parts of Africa, from Kenya in the east to Ghana in the west, are creating new opportunities for life insurance firms.
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Africa in Transition » Africans in China: The Pivot Back

Africa in Transition » Africans in China: The Pivot Back | African Current Affairs | Scoop.it
Campbell tracks political and security developments across sub-Saharan Africa.
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Everything you need to know about São Tomé and Príncipe’s presidential elections | African Arguments

Everything you need to know about São Tomé and Príncipe’s presidential elections | African Arguments | African Current Affairs | Scoop.it

Voters go to the ballots this Sunday. Can the incumbent hold on to the presidency?

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Boko Haram attacks destroy farm communities, bring famine risk

Boko Haram attacks destroy farm communities, bring famine risk | African Current Affairs | Scoop.it
Fati Adamu has not seen three of her six children nor her husband since Boko Haram militants attacked her hometown in northeast Nigeria in an hail of bullets.
Alexis Akwagyiram's insight:
My Reuters story from Maiduguri, in northeast Nigeria, about the looming humanitarian crisis in the region that the UN says threatens to kill 75,000 children in the next few months. The depth of the crisis has emerged in the last few months after troops pushed Boko Haram out of territory they previously held. 
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Nigerian power problems old and new frustrate Buhari's economy push

Nigerian power problems old and new frustrate Buhari's economy push | African Current Affairs | Scoop.it
* Three out of six turbines idle at biggest power plant* Rise in Niger Delta attacks curbs gas supplies* Power producers owed huge sums by st
Alexis Akwagyiram's insight:
An assessment, by me and Reuters colleague Libby George, of the litany of problems in Nigeria's power sector that are holding back the roll out of reliable electricity across Africa's most populous nation. Until these issues - from attacks on gas pipelines in the Niger Delta to an ageing national grid - are addressed, the continent's biggest economy will struggle to develop.
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U.S. says concerned by deaths of Nigerian Shi'ites in clash with police 

LAGOS, Nov 18 (Reuters) - The United States on Friday said
it was concerned by the deaths of Nigerians in clashes between
Shi'ite Muslims and police earlier this week and what it called
the apparently
Alexis Akwagyiram's insight:
An interesting story coming amid a backdrop of fears expressed by security analysts and diplomats that a Shi'ite minority sect in mostly Sunni Muslim northern Nigeria could be radicalised by a crackdown that has parallels with a push against Boko Haram in 2009, after which the group adopted a jihadist agenda. 
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Buhari's row with wife signals frustration over Nigerian inertia

Buhari's row with wife signals frustration over Nigerian inertia | African Current Affairs | Scoop.it
A row between the Nigerian President Muhammadu Buhari and his wife has brought cracks in the ruling party right into the open, as frustration grows over government inertia in trying to drag the country out of its first recession in 25 years.
Alexis Akwagyiram's insight:
A very public disagreement between Nigeria's president and his wife has raised questions about who is in charge of the government. Some answers can be found in this Reuters feature. 
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The Hunt For The World's Youngest Dictator

The Hunt For The World's Youngest Dictator | African Current Affairs | Scoop.it
Valentine Strasser was once the world’s youngest dictator, ruling Sierra Leone for four turbulent years. But his fall from power lef
Alexis Akwagyiram's insight:
A great long read about what became of the man who was once the world's youngest dictator, ruling Sierra Leone for four years. Fascinating to find out what he is up to now. 
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African economic growth dips to two-decade low: World Bank 

African economic growth dips to two-decade low: World Bank  | African Current Affairs | Scoop.it
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Alexis Akwagyiram's insight:
Economic growth in sub-Saharan Africa is likely to slip to a two-decade low of 1.6 percent this year, says the World Bank. It says this has largely been driven by downturns in the continent's two biggest economies - Nigeria and South Africa. 
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Exclusive - Nigeria hunts down 700,000 firms in tax crackdown to offset oil slump

Exclusive - Nigeria hunts down 700,000 firms in tax crackdown to offset oil slump | African Current Affairs | Scoop.it
Nigeria has hunted down 700,000 firms that have never paid taxes as the country seeks new revenue sources to offset low oil prices that have pushed Africa's biggest economy into its first recession in more than 20 years, its tax chief said.
Alexis Akwagyiram's insight:
Pushed into its first recession in more than 20 years, due to low oil prices and militant attacks on its energy facilities, Nigeria is in desperate need of other revenue sources. In an interview for Reuters, Nigeria's tax chief told me how he expects the inland revenue service to play a major role in helping the country to fund its budget. 
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Africa in Transition » ‘Bling’ and the Nigerian Political Class

Africa in Transition » ‘Bling’ and the Nigerian Political Class | African Current Affairs | Scoop.it
Campbell tracks political and security developments across sub-Saharan Africa.
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Nigeria’s Central Bank wants to keep remittances expensive

Nigeria’s Central Bank wants to keep remittances expensive | African Current Affairs | Scoop.it
At a time when most of the world is focused on driving down the cost of remittances, Nigeria's Central Bank appears intent on keeping them high.
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Why Africa should be at the heart of the UK’s Brexit strategy | African Arguments

Why Africa should be at the heart of the UK’s Brexit strategy | African Arguments | African Current Affairs | Scoop.it

"The UK will miss out on a huge opportunity if it neglects Africa in its Brexit plans."

Alexis Akwagyiram's insight:
An interesting case for why Africa should be at the centre of the UK's Brexit plans which hinges on the opportunities for trade and investment across the continent. 
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With the launch of the AU passport, Africa is now borderless - Ventures Africa

With the launch of the AU passport, Africa is now borderless - Ventures Africa | African Current Affairs | Scoop.it
On July 17, 2016, the AU passport was launched. In the new borderless Africa, Africans can now travel to 54 countries without visa
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