Economic crisis Archives

Madagascar’s Ousted President Andry Rajoelina Stripped of Citizenship

Madagascar’s new military-led government has officially revoked the citizenship of ousted President Andry Rajoelina, deepening his political downfall just a week after his removal from power. The decree, signed by…

Africa News Now October 27, 2025

ANN West Africa

IMF Suspends $1.8 Billion Credit Facility to Senegal Over Misreported Debt Figures

The International Monetary Fund (IMF) has suspended its $1.8 billion Extended Credit Facility (ECF) to Senegal, citing concerns over misreported economic data under the administration of former President Macky Sall.…

Africa News Now March 25, 2025

ANN Northern Africa

Tunisian President Kais Saied Dismisses Prime Minister Kamel Madouri, Appoints Sarra Zaafrani Zenzri

In the early hours of Friday, Tunisian President Kais Saied dismissed Prime Minister Kamel Madouri, according to an official statement from the presidency. Madouri, who was appointed in August 2024…

Africa News Now March 21, 2025

ANN Northern Africa

Algeria to Import 1 Million Sheep Ahead of Eid al-Adha to Stabilize Prices

Algerian President Abdelmadjid Tebboune has announced plans to import 1 million sheep in preparation for this year’s Eid al-Adha, a major religious observance for Muslims. The move is designed to…

Africa News Now March 11, 2025

ANN Eastern Africa

Burundi Faces Economic Strain as Conflict in Eastern DRC Disrupts Trade and Transportation

Income-generating projects in Burundi have seen a sharp decline following the escalation of conflict in eastern Democratic Republic of Congo (DRC) in February 2025. The ongoing violence has severely disrupted…

Africa News Now March 11, 2025

ANN Eastern Africa

US Orders Departure of Non-Emergency Staff in South Sudan Amid Escalating Violence and Fragile Peace Deal

The United States has ordered the departure of all non-emergency government employees from South Sudan amid rising tensions and ongoing violence that threaten the country’s already fragile peace deal. The…

Africa News Now March 10, 2025

ANN Southern Africa

South Africa’s Budget Delay Sparks Market Turmoil Amid Coalition Disputes Over VAT Hike

South Africa's much-anticipated national budget presentation was unexpectedly postponed on Wednesday, marking an unprecedented delay in the post-apartheid era. National Assembly Speaker Thoko Didiza confirmed that such a postponement had…

Africa News Now February 19, 2025