ZiG, Zimbabwe’s latest attempt at currency stability, was backed by gold reserves with the theory that inflation would be controlled and the country would be able to have a stabilized currency. Seeing that gold is a finite resource and only…

This is another Alafarika’s weekly news brief, where we look at some of the top news stories making headlines across the African continent.

This is another Alafarika’s weekly news brief, where we look at some of the top news stories making headlines across the African continent.

Gabon’s new rulers on Friday paid $1.1 million to a conservation fund as part of a $500 million debt swap that was agreed just before they seized power in August. The deal, the first of its kind in Africa, aims to protect Gabon’s marine…

The president of the Tunisian Football Federation, Wadie Jary, was arrested on Thursday on suspicion of corruption involving a contract with a technical director. The Ministry of Youth and Sports filed a judicial complaint against him and…

On Wednesday, military officers in Gabon seized power, placing President Ali Bongo under house arrest and naming a new leader after the Central African state’s election body announced Bongo had won a third term. The officers declared on…

Chinese leader Xi Jinping and South African President Cyril Ramaphosa co-chaired a China-Africa roundtable on Thursday alongside the BRICS Summit in Johannesburg. Xi praised the joint statement between China and Africa, saying it reflects…

Due to rising tensions, the release of Mali’s constitutional referendum results was postponed on Thursday. According to Mali’s Independent Election Management Authority (AIGE), the electoral law mandates that the results be made public by…

On Sunday, Somalia announced its plans to transition from indirect voting to direct voting for the election of its president and other officials starting next year. This move marks the end of a system that relied on lawmakers and clan…

Zimbabwe’s strongman and incumbent president, Emerson Mnangagwa, is perceived by many, especially members of his opposition, to want to remain in power by every means possible. This is not new to the Zimbabweans, who were ruled for 37 years…