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Washington is preparing deep cuts to the United States Agency for International Development, the body that has long sent the bulk of U.S. government aid to Africa. Draft budgets and a recent rescission request call for cancelling or winding down hundreds of projects, from malaria control to food-security grants. Health researchers warn that the loss […]

When companies want to “cancel out” some of their greenhouse-gas emissions, they buy carbon credits—certificates showing that one tonne of CO₂ has been avoided or removed somewhere else. Most of these trade in the voluntary carbon market, where participation is by choice rather than by law. That market has plunged in value from about US

Africa’s sovereign-debt arithmetic is sobering. The World Bank now puts the continent’s external public debt at roughly US $1.15 trillion, with scheduled payments ballooning to about US $170 billion in 2025—triple the level a decade ago. In that context, the Ghanaian parliament’s decision on 25 June 2025 to endorse a US $2.8 billion restructuring under

Can a carbon price set in Brussels change the cost of steel shipped from Jakarta? With EU carbon permits hovering around €74–76 per tonne in mid-June 2025, the answer is fast becoming yes. The EU’s Carbon Border Adjustment Mechanism (CBAM) already requires importers of steel, aluminium, cement, fertilisers, hydrogen and electricity to file quarterly emissions

In April 2025, Donald Trump made headlines again—this time with a fresh wave of tariffs. The new measures hit a wide range of imports: Chinese electronics, Latin American produce, African raw materials. At face value, it’s another chapter in the U.S.-China economic standoff. But step back, and the real story is this: developing nations are