Africa
South Africa: Access Bank drives intra-Africa trade at inaugural conference
Access Bank PLC, today, convened leading policymakers, business executives, and industry stakeholders in Cape Town for the maiden Africa Trade Conference, a platform dedicated to unlocking the continent’s vast trade potential. The conference serves as a strategic response to the shifting global trade landscape, emphasising Africa’s need to build resilient economies through deeper regional collaboration and enhanced financial and trade infrastructure.

Addressing participants, Roosevelt Ogbonna, managing director and CEO of Access Bank PLC, highlighted the need for Africa to take control of its economic destiny by fostering deeper collaboration, investing in financial infrastructure, and creating homegrown solutions that drive sustainable growth.
Ogbonna underscored the shifting dynamics of global trade and increasing need for Africa to look inward. The world, he noted, has become more fragmented, with rising nationalist tendencies and supply chain disruptions that have disproportionately impacted the continent. These challenges, he argued, present an opportunity for Africa to strengthen its trade networks, support local businesses, and build the resilience needed to compete on a global scale. However, for this vision to become a reality, several structural barriers must be addressed.
One of the critical issues Ogbonna identified is the challenges businesses face in securing capital. While many African enterprises have the ambition to scale, the excessive cost of financing often inhibits their ability to expand. He advocated a financial services sector that is designed to empower businesses, making capital more accessible and affordable.
“Many businesses on the continent struggle to find capital or access to capital and the right structure of capital, and when they do find it, the cost of capital is so significant that it makes it unbelievably expensive for them to be able to raise capital and still do business competitively. That has to change. We have to create a financial services sector that empowers businesses, one that makes it easier and seamless for businesses to be able to access capital, to able to invest in growth, invest in innovation, and of course, the muscle they need to expand beyond their local boundaries.
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“It is clear that we need to create a network of Africa financial giants who are willing to create homegrown solutions to support the continent in achieving the objectives that we have set for ourselves.”
Beyond financial constraints, limited access to market intelligence remains a major hurdle. Many African businesses lack the necessary insights to identify trade opportunities beyond their local markets. Leveraging technology to enhance information-sharing can bridge this gap, enabling businesses to make informed decisions and seize growth prospects across the continent.
Apart from capital, Ogbonna highlighted the critical role of access to information. Many businesses struggle to find the data and intelligence necessary to make informed decisions and identify opportunities beyond their national borders. He stressed that leveraging technology to bridge this gap will be instrumental in driving cross-border trade and creating a more connected Africa.
He also addressed the issue of trust between trading partners, noting that historic challenges, inconsistent regulations, and varying standards have contributed to a lack of confidence in intra-Africa trade. Overcoming this scepticism, he affirmed, requires deliberate efforts to harmonise standards, foster cooperation, and shift perceptions about the quality of African goods and services. He urged African businesses to take pride in what they produce, invest in local industries, and reject the notion that products made on the continent are inferior to those from elsewhere.
The chief executive also emphasised the urgent need to modernise Africa’s trade routes and infrastructure. Drawing on historical examples, he pointed out that Africa once had well-established trade corridors that connected it to the Middle East and Asia. Today, however, inefficient transport networks and regulatory bottlenecks make it easier for businesses in Angola to trade with Portugal than with South Africa or Nigeria. He called for a renewed commitment to building the infrastructure and regulatory frameworks necessary to facilitate seamless trade across the continent, ensuring that goods, services, and capital can move freely between African nations.
Closing his address, Ogbonna challenged attendees to take concrete action toward realising Africa’s economic potential. He urged governments, financial institutions, and businesses to leverage platforms like the Africa Trade Conference to drive meaningful change. The goal, he emphasised, should be to create an Africa where businesses thrive, financial inclusion is a reality, and homegrown solutions set global benchmarks.
“Ultimately, let’s collectively agree that we will create value working as governments, financial services sector and businesses, leveraging our collective power to make the Africa we truly are proud of a reality,” he said.
The Access Bank Africa Trade Conference represents a significant step toward fostering dialogue, building partnerships, and driving policy initiatives that support Africa’s economic transformation. As the continent continues to navigate global uncertainties, events like this serve as a reminder that Africa’s future lies in its ability to collaborate, innovate, and build a sustainable trade ecosystem that benefits all.
Streaming link: Africa Trade Conference – 25.
Africa
Guinea-Bissau Military Seizes Power, Arrests President Embaló
Guinea-Bissau plunged into uncertainty on Wednesday after a group calling itself the High Military Command for the Restoration of National Security announced it had seized control of the country and arrested President Umaro Sissoco Embaló, his interior minister, and several senior officials.
The military faction claimed the operation followed what it described as a foiled destabilization plot involving political actors. The takeover comes just days after the tense November 23 general elections, which saw widespread allegations of irregularities and heightened political friction.
Borders Shut, Curfew Imposed
In a televised announcement, the group said it had suspended the electoral process, ordered the closure of all land, air, and sea borders, and imposed a 7 p.m. nationwide curfew. Residents in Bissau reported heavily armed soldiers establishing checkpoints across major routes as confusion and panic spread.
As the military solidified its control, communication disruptions were reported, and government offices remained shuttered.
A Nation With a History of Coups
Guinea-Bissau, a small West African nation of around 2 million people, has experienced nine coups or attempted coups since gaining independence in 1974. Analysts say the latest power struggle underscores the country’s chronic political instability and persistent factional rivalries within the military.
Regional and International Condemnation
The takeover drew swift and strong condemnation from regional bodies.
ECOWAS called the arrests “unacceptable” and demanded the “immediate and unconditional release” of President Embaló.
The African Union echoed the call, describing the situation as a “serious violation of constitutional order.”
Diplomatic missions in Bissau urged restraint and warned that instability threatens humanitarian and economic conditions in one of the region’s poorest states.
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Africa
African Union Rejects Christian Genocide Claims in Nigeria After Trump Threats
The African Union (AU) has firmly dismissed allegations of a “Christian genocide” in Nigeria, countering recent claims and implied threats of U.S. military intervention made by President Donald Trump.
Speaking at a United Nations press conference on Wednesday, African Union Commission Chairperson Mahmoud Ali Youssouf described the allegations as “dangerously misleading” and warned against external narratives that could inflame tensions in Nigeria.
“There is no evidence of a systematic campaign aimed at exterminating Christians in Nigeria,” Youssouf stated. “Extremist groups such as Boko Haram and ISWAP have, in fact, targeted far more Muslims than Christians since their insurgency began in 2009.”
AU: Violence Is Terrorism, Not Religious Cleansing
Youssouf explained that the AU continues to monitor the security situation in Nigeria’s northeast, where Boko Haram’s insurgency remains active. He stressed that the violence does not fit the definition of genocide and should instead be understood as “indiscriminate terrorism driven by extremist ideology, not religious policy.”
Nigeria Agrees with AU Position
The Nigerian government has also rejected Trump’s characterization of events. Officials say that both Christian and Muslim communities have suffered, and that framing the conflict as a religious war undermines counterterrorism cooperation.
AU Warns Against Foreign Military Intervention
Responding to Trump’s threat of possible military action to “protect Christians,” Youssouf urged the U.S. to avoid unilateral decisions.
“Nigeria is a sovereign state. Any intervention must be coordinated with African institutions and grounded in facts, not political sentiment,” he said.
He added that mischaracterizing Nigeria’s complex security challenges could worsen religious tensions and derail stabilization efforts.
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Africa
JCI Nigeria’s Oluwatoyin Atanda Named 2025 Most Outstanding National President
Oluwatoyin Atanda, the 2025 National President of Junior Chamber International (JCI) Nigeria, has been honoured as the Most Outstanding National President among more than 100 leaders of the global youth organisation.

The announcement was made on Saturday, November 8, 2025, during the JCI World Congress Gala Night held in Tunis, Tunisia.
Atanda, who also serves as the Senior Special Assistant to Lagos State Governor Babajide Sanwo-Olu on Establishments and Training, dedicated the award to members of JCI Nigeria, especially her 2025 executive team.

“This is a proud moment for me and JCI Nigeria. Our ELV8 theme – rising together for a sustainable future, redefining leadership, and inspiring others to lead with purpose has truly paid off,” Atanda said in her acceptance speech.
Since assuming leadership in January 2025, Atanda has focused on mobilising Nigerian youth, promoting community development, and positioning JCI Nigeria as a global force for social impact.
At the World Congress, she also received a Certificate of Appreciation on behalf of JCI Nigeria for the organisation’s exceptional global impact and contribution to the 2025 JCI Impact Drive.
She noted that the recognition underscores Nigeria’s commitment to advancing the UN Sustainable Development Goals (UNSDGs) and highlights JCI Nigeria’s role in shaping the 2025 JCI Impact Report.
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Africa
Chad Shuts Border As ‘Terrorists Plan’ To Flee Northern Nigeria Over Planned US Military Attǎck
The government of Chad has reportedly closed its border with Nigeria amid rising tension following U.S. President Donald Trump’s warning of a possible military intervention in Nigeria.
Recall that on Friday, October 31, President Trump said there were reports of a “Christian genocide” in Nigeria and subsequently redesignated the country as a “Country of Particular Concern” (CPC) — a move that has sparked diplomatic unease across West Africa.
According to a post on X (formerly Twitter) by security and counterinsurgency expert Zagazola Makama, the Chadian government has since ordered a complete border lockdown.
“Military sources in N’Djamena confirmed on Monday that President Mahamat Idriss Déby Itno ordered a complete military lockdown along the Nigerian border after intelligence suggested that terrorist elements from northern Nigeria were preparing to flee into Chadian territory,” Makama wrote.
The report further revealed that the Chadian army has been placed on full alert, with troops and armoured vehicles deployed across strategic border corridors linking the two nations.
President Déby Itno was quoted as warning that “no armed group or foreign force will be allowed to enter Chadian soil under any disguise.”
The border closure comes amid heightened regional tensions and growing speculation about potential U.S. military activities in parts of West Africa.
Security analysts believe Chad’s decision is a preventive measure aimed at protecting its sovereignty and curbing potential infiltration by armed groups exploiting the region’s instability.
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Africa
12 Feared Dead in Kenya Plane Crash En Route to Maasai Mara
A small aircraft traveling from Kenya’s coast to the Maasai Mara National Park crashed early Tuesday, with all 12 people on board feared dead, according to the Kenya Civil Aviation Authority (KCAA).
The plane departed from Diani, a popular tourist destination, and was headed to Kichwa Tembo, a private airstrip within the Maasai Mara — one of Kenya’s most visited wildlife reserves. The crash occurred around 5:30 a.m. local time (0230 GMT).
“The aircraft had 12 persons on board,” the KCAA said in a statement. “Government agencies are already on site to establish the cause of the accident.”
Authorities have not yet released details about the aircraft model or the nationalities of the passengers. Rescue and investigation teams have been deployed to the crash site to recover the wreckage and assess the situation.
This latest incident comes just months after a light aircraft operated by medical NGO Amref crashed near Nairobi in August, killing six people and injuring two others raising renewed concerns about air safety in the region.
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