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Africa in 2023: Navigating Coups, Climate Challenges, and the Cost of Living

As the year 2023 comes to an end, Africa finds itself at the crossroads of political upheaval, climate crises, and economic challenges that have collectively shaped the continent’s trajectory. From government coups and their ripple effects to the ongoing battle against climate change and the struggle to manage rising costs of living, Africa faces a …

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South Africa’s state-owned Transnet gets $2.5 billion to meet debt obligations

The South African government has announced a $2.5 billion bailout for the state-owned freight rail and ports operator Transnet. The company has been struggling with operational, financial, and governance challenges, and the bailout is intended to help it meet its debt obligations and improve its performance. Transnet is a crucial part of South Africa’s economy, …

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