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22 hours ago | 
finance.yahoo.com | Yinka Adegoke
French food giant Danone is doubling down on its plans to invest in Nigeria, even as other multinationals have pulled out of the continent’s largest consumer market in the last two years. “We are convinced about the potential of Nigeria,” Christian Stammkoetter, Danone’s head of Asia, Middle East, and Africa, told Semafor on the sidelines of the Africa CEO Forum in Abidjan.
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1 day ago | 
semafor.com | Alexis Akwagyiram |Yinka Adegoke
African policymakers and bankers are exploring ways to unlock trillions of dollars tied up in the continent’s institutional funds to build infrastructure amid growing uncertainty around international investment caused by erratic US trade policies.
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6 days ago | 
semafor.com | Yinka Adegoke
Bill Gates says he has been “horrified” at the cuts to global humanitarian aid programs by the US Trump administration and will be lobbying the White House and Congress to help restore some of the axed programs. In an interview with Semafor to mark the Gates Foundation’s 25th anniversary, Gates warned that the cuts will likely cost lives in some of the most vulnerable regions of the world.
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1 week ago | 
semafor.com | Yinka Adegoke
Several African countries are considering proposals from the Trump administration to accept deported migrants from the US, according to multiple reports. The plans would see these nations receive citizens of other countries. Rwanda is the only country that has publicly acknowledged it is in discussions with the White House to consider this plan: Kigali had previously agreed a similar arrangement with the UK in 2022, but that plan fell through after a change of government in London last year.
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1 week ago | 
yahoo.com | Yinka Adegoke
The NewsSeveral African countries are considering proposals from the Trump administration to accept deported migrants from the US, according to multiple reports. The plans would see these nations receive citizens of other countries.
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1 week ago | 
flipboard.com | Yinka Adegoke
4 hours agoJD Vance issues warning to tourists thinking of attending US World CupJD Vance issued a warning to tourists considering attending the 2026 US World Cup during a meeting at the White House on Tuesday, 6 May. After being appointed by Donald Trump as the vice chair of the tournament, the vice president addressed anyone intending to travel to the US to watch the football competition. Mr Vance stated: "We want them to come. We want them to celebrate. We want them to watch the game.
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1 week ago | 
semafor.com | Yinka Adegoke
The Trump administration plans to slash $555 million in funding for the African Development Bank’s main development fund as part of sweeping cuts to foreign aid. Under a proposal submitted to the US Congress on Friday, Washington would end all contributions to the African Development Fund for the continent’s low-income countries next year as the White House said it was “not currently aligned” to its priorities.
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4 weeks ago | 
semafor.com | Yinka Adegoke
Ghana’s new gold industry regulator ordered all foreign players to exit the local market by the end of the month as the West African country looks to curb smuggling and streamline gold trading by small-scale miners. Africa’s largest gold producer is also hoping to increase earnings further on the back of rising gold prices, up more than 23% this year as investors turn to the precious metal amid economic uncertainty driven by a global trade war.
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1 month ago | 
semafor.com | Yinka Adegoke
US President Donald Trump’s top Africa envoy laid the groundwork this week for a minerals deal in DR Congo.But any deal between Washington and Kinshasa is dependent on the US helping to negotiate peace in the African nation’s troubled eastern region, according to two people who were present for some of the meetings. After the visit by Massad Boulos, the White House senior adviser for Africa, DR Congo repatriated three US citizens who it said were involved in a failed coup attempt.
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1 month ago | 
yahoo.com | Yinka Adegoke
US President Donald Trump’s top Africa envoy laid the groundwork this week for a minerals deal in DR Congo. But any deal between Washington and Kinshasa is dependent on the US helping to negotiate peace in the African nation’s troubled eastern region, according to two people who were present for some of the meetings. After the visit by Massad Boulos, the White House senior adviser for Africa, DR Congo repatriated three US citizens who it said were involved in a failed coup attempt.
