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Semafor africa
🟡 Semafor Africa: Envoys, energy, and education
US President Donald Trump’s pro-Israel pick for the next US ambassador to South Africa, metals firms eye Tanzania’s main port, and conveying archaeological findings by song.
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Cassava Technologies to deploy Nvidia software in South Africa
The UK-headquartered Cassava said the move was part of its plan to build an ‘AI factory’ in Africa to offer AI-driven computing services to digital businesses on the continent.
Mike Blake/File Photo/Reuters
Metals giants eye Dar es Salaam port
Delegates from China Metal Storage and Transport Company, Mercuria, and their jointly owned subsidiary Henry Bath & Son visited Tanzania’s main port.
Flickr Creative Commons Photo/Rob Beechey/World Bank
Nigeria plans $650M home loans fund
The country’s finance minister said that low-interest mortgages are intended to spark a “construction boom.”
Leigh Vogel/World Bank/Flickr Creative Commons Photo.
Analysis: How the US can mobilize Africa’s miners for critical minerals
US President Donald Trump’s move to boost critical mineral production could be a transformative opportunity for Africa’s mining sector.
Jonny Hogg/File Photo/Reuters
Uganda to send troops to South Sudan
Uganda’s defense minister said the deployment was needed to ‘avert a potential security catastrophe.’
Samir Bol/Reuters
Foreign flower firms flee Ethiopia as Amhara conflict intensifies
Their exodus is a drain on Addis Ababa’s lucrative cut-flower industry.
Michael Tsegaye/File Photo/Reuters
Namibia inaugurates first female president
Netumbo Nandi-Ndaitwah joins Tanzania’s Samia Suluhu Hassan to become the continent’s second currently serving female president.
Nigeria says it remains open to crypto despite $80B Binance lawsuit
The country’s information minister told Semafor crypto companies that respect local rules are welcome but concerns remain over illegality.
Pipeline damage in crisis state highlights Nigeria’s oil sector challenge
President Bola Tinubu declared a state of emergency in Rivers state, in the country’s Niger Delta region.
UK seeks ‘leadership role’ in climate finance as US withdraws from commitments
The new head of British International Investment, the UK’s development finance body, wants to ramp up funding for sustainable energy projects in Africa.
ANC veteran is frontrunner for South Africa’s US ambassador role
Andries Carl Nel, a deputy minister for 15 years, is the leading contender after the expulsion of Pretoria’s top Washington diplomat.
Private equity investment in African infrastructure fell in 2023
The continent faces critical gaps in infrastructure, with an annual $100 billion financing hole for such projects, according to data from the Global Private Capital Association.
Analysis: It’s time for a brand-led ‘Made in Africa’ agenda
There’s an important link between Africa’s ability to produce homegrown brands and how its brands are perceived, argues a branding expert.
South Africa scrambles for new top diplomat to US
US Secretary of State Marco Rubio said Ebrahim Rasool was no longer welcome in the country, accusing him of being a “race-baiting politician” who hates America.
US expels South Africa’s ambassador to Washington
South Africa’s ambassador has been given 72 hours to leave after comments about Trump’s agenda at a panel earlier this week.
Chad tops global list of most polluted countries
The Central African country recorded an annual average PM2.5 concentration more than 18 times above the World Health Organization’s guideline.
Nigeria readies $40M startup seed fund backed by Japan
The government is stepping in to boost support for early-stage ventures.
Chinese firms are stakeholders in more than a quarter of Africa’s ports
Chinese companies are builders, financiers, or operators in an estimated 78 of 231 African commercial ports, according to a new tally.