- Africa’s fashion scene has moved beyond “up-and-coming” and is now advancing rapidly, carving out a distinctive presence worldwide. Seychelles tops the list as Africa's most fashionable country, ranking 58th globally.
- The Kenyan sugar market has remained unstable with shop prices remaining high amid the increased production and high import of the commodity. This comes amid initial projections indicating a cut in the cost of the product.
- Together with local authorities in Haiti, Kenyan police officers sent to the Caribbean nation to combat gang violence have seen recent progress in curbing gang activity there.
- The International Monetary Fund (IMF)is set to pay Egypt a visit. The visit which is concerning an $8 billion loan will be led by Kristalina Georgieva, the director of the global lender. This is despite the fact that Egypt’s economy is projected to keep growing.
- The informal sector report 2024 recently released by Jobberman highlights the contribution of the country's informal sector as four sectors emerge the highest employers of labour. The report further provides an in-depth analysis of Nigeria's informal sector, showcasing its strengths, weaknesses,…
- Among the top 10 countries projected to drive future global population growth, five are in Africa and four are in Asia. Interestingly, while Africa’s population continues to grow, many high-income countries are either shrinking or starting to see a decline.
- Currently, South Africa is the only African member of BRICS. However, the BRICS alliance officially announced the addition of 13 new nations, including three African countries, as partner countries during the BRICS summit.
- Even the most experienced drivers may find driving in some nations including some African countries to be a daunting experience. The stress of driving these roads can easily transform a straightforward trip into a nerve-racking struggle. Reasons for this sometimes include unfamiliar road layouts,…
- Several African countries are battling a rising malware crisis. Business Insider Africa chats with Prasanna Kumar Burri, the Group Chief Information Officer of Dangote Group, at GITEX Global about the pressing cybersecurity challenges facing Africa's manufacturing and industrial sectors and…
- Several African countries are battling a rising malware crisis. Business Insider Africa chats with Prasanna Kumar Burri, the Group Chief Information Officer of Dangote Group, at GITEX Global about the pressing cybersecurity challenges facing Africa's manufacturing and industrial sectors and…
- The 2024 Ibrahim Index of African Governance (IIAG) report, the biennial dataset which assesses governance performance and trends in the 54 African countries has been released. The report covers the progress made by African countries over the past decade from 2014, to 2023.
- South African Airways (SSA) appears to be in a pickle due to its stuck R1 billion in Zimbabwe. The airline stated that it is still attempting to recover the funds from its neighboring Southern African country.
- Dangote refinery has begun selling Premium Motor Spirit, popularly called petrol directly to marketers. Sources claim that the transactions between the refinery and marketers have been favorable hence the reason why the dealings have commenced.
- The U.S. Department of State has partnered with the Nigerian government to launch a joint task force to combat illicit finance and cryptocurrency transaction. This collaboration aims to improve Nigeria's capabilities in investigating and prosecuting cybercrime by sharing expertise and resources.
- Nigeria's cabinet has approved a borrowing plan of $618 million to purchase six Italian-made M-346 attack jets along with ammunition for the country's air force.
- The Ethiopian prime minister Abiy Ahmed Ali recently aired his opinion on the influence the BRICS group of nations can exert to augment a fairer world order. He made his sentiments known at the ongoing BRICS summit. Ethiopia officially joined the BRICS group of nations on January, 1st, 2024.
- African countries with low fuel prices offer a lower cost of living, relieving economic hardships. Despite challenges, some African countries maintain affordable fuel prices, helping to reduce the cost of essentials like food and power for their inhabitants.
- Having a proper knowledge of workplace safety and the specific hazards in the high-risk industry is crucial for employees hoping to make the best out of their career. Workplace safety evaluation is however, complex due to industry-specific oversight and varying national laws.
- Idrissa Akuna Elba’s affiliation and constant fondness for Africa should come as no surprise, given the actor’s direct ancestry. Simply referred to as Idris Elba, the British actor’s father hails from Sierra Leone while his mother is of Ghanaian descent. As a result, this A list actor has been very…
- The tale of life is defined by its uncertain nature. No one truly knows for how long they will live, and while the destination is inevitable, the timing remains a profound mystery.
- The Nigerian government has dropped all charges against Tigran Gambaryan, an executive at Binance Holdings, who had been on trial for money laundering since his detention in April, 2024.
- Forbes has announced the winners of the first Verified Air Travel Awards 2024, to celebrate the best airline and airport experiences. The awards highlight a range of categories from fine airport dining and lavish lounges, to top-of-the-line first-class suites and in-flight cocktail bars.
- Diesel cost typically imprints a significant impact on several African countries. This is particularly difficult for African countries who have yet to diversify their energy sources and consider alternate possibilities.
- Even though South Africa and Russia don't share cultural or linguistic ties, their relationship remains surprisingly strong, a bond that has left many observers and Western governments puzzled for years.
- Real GDP growth is often associated with higher income levels, job creation, and improved access to basic services. Fortunately, many African countries are experiencing growth in this regard, despite the recent World Bank revision that downgraded growth projections in the index of several sub-…
- Budget deficits are expected to be a significant annoyance for a number of sub-Saharan African (SSA) countries in 2025. This is according to a recent report which revealed that the aforementioned problem would be very prevalent in Ghana, Nigeria and Uganda.
- Oil-producing countries should be shielded from inflation, given their steady oil income that could ease the need for borrowing and prop up their economies. Yet, many still struggle with high inflation rates, a paradox that highlights the disconnect between their oil wealth and economic stability.
- Despite recent improvements, female labor force participation in Egypt remains persistently low. Also, the benefits of higher education for women in Egypt seem to be more significant in marriage prospects than in career opportunities.
- The Nigerian government lost the sum of N13.2 trillion as revenue between 2021 and 2023 due to the implementation of the foreign exchange subsidy policy. According to the World Bank, the losses incurred during the period stood at N2 trillion in 2021, N6.2 trillion in 2022, and N5 trillion in 2023.
- Dangote Petroleum Refinery and Petrochemicals FZE has requested that the Federal High Court in Abuja cancel the import licenses given to the Nigeria National Petroleum Corporation (NNPC), Matrix Petroleum Services, A. A. Rano, and four other oil companies.
- In recent years, urbanization in Africa has increased at an unprecedented rate, resulting in tremendous expansion in major African cities. As populations grow and economic possibilities rise, the need for affordable housing becomes crucial.
- In order to ease financial transactions, Zimbabwe has mandated all businesses to make a Point-of-Sale (POS) device available for transactions. While ease of transaction seems like the key rationale behind this move, authorities in the country have explained that the idea is primarily focused on…
- Within a space of 16 months, the retail price of Liquefied Petroleum Gas (cooking gas) has jumped from N700/kg in June 2023, to N1,500/kg in October 2024 according to the latest LPG price watch report by the NBS.
- Nigeria is a major player in Africa's AI industry. Next year, Dubai is set to channel global investors into Nigeria’s growing startup ecosystem through its renowned GITEX tech expo, the world’s largest tech show.
- Nigeria’s persistent power outages may be a thing of the past following the entrance of a global consortium into the country's power market. The consortium is piloting a solar mini-grid program that would end the incessant power disruptions in the country.
- Africa's journey with AI may have started slowly, but the pace is picking up, and the future looks promising. The Dubai World Trade Centre, through GITEX, is bringing global investors to Nigeria in 2025, to explore opportunities in the booming Nigerian startup scene, the largest in Africa.
- Despite the fully operational largest single train refinery in Nigeria, marketers are still heavily reliant on imported premium Motor Spirit, popularly referred to as petrol. The Dangote refinery since its launch has iterated that it would be able to satisfy the Nigerian market. However, Nigerian…
- Being net importers of petroleum goods, there are a number of African countries that are extremely susceptible to changes in the price of oil globally. However, local factors such as inflation and fuel scarcity can also affect fuel costs.
- The government of Nigeria has revealed plans to bolster its tax base with the inclusion of a new tax bill directed at telecommunications companies. Telecoms in the West African country would be subjected to a 5% tax should the bill be passed.
- Tax officials in Kenya plan to step up their efforts in taxing digital transactions, as the use of cryptocurrencies soars. Cryptocurrencies are becoming more and more popular in the country due to the appeal of decentralized, international transactions.
- Nigeria's national grid has collapsed for the third time this week. However, the country's power authorities have noted that they are in the process of looking for a lasting solution to the reoccurring inconvenience.
- The Saudi Pro League has produced four out of the top 10 footballers on the Forbes' ranking, demonstrating its rising prominence in the global soccer industry.
- The Saudi Pro League has produced four out of the top 10 footballers on the Forbes' ranking, demonstrating its rising prominence in the global soccer industry.
- Côte d'Ivoire’s economy has been upgraded to BB by S&P global following its consistent reforms targeted at stabilizing the economy. This upgrade comes amid Côte d'Ivoire’s commitment to its major export - the cocoa plant which has maintained high prices amid its huge demand.
- Maintaining a low government debt is critical for African countries seeking to stimulate economic growth, raise living standards, and attract international investment. Countries with low debt loads gain from currency stability, better investor confidence, amongst other fiscal benefits.
- A family's monthly mortgage payment as a proportion of their take-home pay is measured by the mortgage as a percentage of income; a smaller percentage is preferable. While some African cities boast a fairly low ratio, some have mortgage values that go through the roof. Some of Africa’s major cities…
