Africa News
LAST UPDATE: May 22, 2025
Uganda signs $800 million financing deal with Islamic Development Bank
Uganda signed a deal worth $800 million with the Islamic Development Bank to fund infrastructure, agriculture, and health projects.
Insight
This financing agreement reinforces Uganda’s diversification of development funding sources, highlighting stronger ties with the Islamic finance ecosystem and potential improvements in socio-economic infrastructure.
Trump’s Ambush of Ramaphosa Leaves South Africa Reeling
Trump unexpectedly criticized South African President Ramaphosa during a diplomatic exchange, shocking officials and disrupting planned agendas.
Insight
The ambush showcases Trump’s confrontational style and may destabilize US-South Africa relations ahead of key summits. It also raises concerns about diplomatic unpredictability under Trump’s influence on global affairs.
