Reports Highlight Economic Opportunities and Risks Across Africa - September 2025
The African Development Bank (AfDB) has cautioned that weak public financial management systems are threatening the continent's development goals, emphasizing a need for stronger budgeting and reporting. In a specific trade issue, Kenya is facing intense pressure to secure the renewal of the African Growth and Opportunity Act (AGOA) before its September 30, 2025 expiration to avoid significant economic repercussions. At the same time, the global competition for critical minerals and rare earth elements is intensifying, with Africa becoming a key focal point in this geopolitical scramble. Amid these challenges, a new report by Velex Advisory has identified the top five African countries that offer the highest Return on Investment for tech startups, highlighting their unique strengths and growth opportunities.
