- Kenyan travelers are being faced with excruciating delays as hundreds are still stranded at the major airport due to a unions' strike. The workers at the the Jomo Kenyatta International Airport (JKIA), Kenya's main airport have been opposed to a deal brokered between the Kenyan government and an…
- The Nigerian government recently disclosed that its financial sector experienced significant growth. This is despite the fact that Nigeria has been faced some of its worse economic hits in form of its currency devaluation and inflationary pressures. The Nigerian government also disclosed that oil…
- Residents around the Sanda Kyarimi Zoo in the northern Nigerian state; Borno, trying to escape flooding are now thrown into confusion as some animals in the zoo have started coming out. An ostrich and a crocodile have also escaped as the flood rages on.
- For Nigeria, Company Income Tax payments for Q2 2024 increased significantly as compared to Q1 of the year. According to a National Bureau of Statistics study from Nigeria, Company Income Tax (CIT) was reported at N2.47 trillion for the second quarter of 2024, a 150.83% quarter-over-quarter…
- One major metric used to evaluate the strength of a country’s economy is the size of the gross domestic product (GDP), which is defined as the combined value of all goods and services produced within a country in a year.
- Turkey has been in discussions with Somalia about establishing a missile and space rocket test site in the Horn of Africa, according to sources familiar with the talks.
- A second citizenship can open the door to better safety, security, education, and health outcomes. As some countries adopt sweeping changes to immigration laws, global citizens may seek to prioritise countries which honour the freedom of movement.
- A Kenyan court has temporarily halted the government's plan to grant India's Adani Airport Holdings Ltd. a 30-year contract to operate the country's main airport, pending a final ruling.
- Namibia’s state-owned utility, NamPower, has inked a deal with two Chinese companies to begin construction of the country's largest solar power plant.
- Nigeria’s Department of State Services (DSS) has reportedly released the president of the Nigeria Labour Congress (NLC) Joe Ajaero, on bail. The NLC president was detained at the Nnamdi Azikiwe International Airport in Nigeria's capital city; Abuja on Monday, while on his way to the United Kingdom…
- The age of an aircraft, measured from its first flight, represents the median number of years the aircraft in an airline's fleet has been in service. Somalia has the oldest average aircraft age in Africa, clocking in at 33.9 years.
- Some countries have more online presence due to factors like cheaper data, more advanced infrastructure, lightning fast internet speed, a better internet adoption rate as well as a strong economic standing.
- Kenya faces a very substantial budget deficit in the fiscal year leading up to June 2025. This deficit partly results from the deadly anti-tax protest that erupted in the country in June.
- Happiness is more than just an emotion; it is an important measure of a society's overall well-being. In several African countries where economic issues, environmental concerns, and social disparities frequently dominate public debate, achieving happiness should be regarded as an objective of…
- Ally Kibao, a senior politician and member of the secretariat of the Chadema party, was found dead on the outskirts of Dar es Salaam after he was abducted by armed men on Friday.
- Understanding Company Income Tax (CIT) responsibilities is crucial for Nigerian firms to maintain compliance, avoid fines, and take advantage of any tax benefits. The Nigerian government relies on company income tax (CIT) to support infrastructure, public services, and national development.…
- South African billionaire and one of the two richest men in Africa, Johann Rupert, has fallen below Nigeria’s Aliko Dangote, making Dangote Africa’s richest man. Both billionaires have been in rat race for the elusive title, and none of them for a few months now have taken a commanding lead.
- Sudanese officials have refused the interference of the United Nations (UN) in its ongoing conflict, despite the aid to civilians it promises. According to the UN’s Independent International Fact-Finding Mission for the Sudan report released on Friday, the war in Sudan has led to war crimes and…
- Somalia has warned that corporations recognizing Somaliland as an independent state would be met with some penalty. Tensions between Somalia and Somaliland escalated further when Ethiopia signed an MoU with Somaliland, recognizing the country as independent. Since then, Somalia has gone on to repel…
- The U.S. is working on an economic and security assistance package for Gabon to counter China’s growing influence and prevent it from establishing a military presence in the strategically located Central African countries.
- For years, China has been Africa's biggest trading partner, striking deals for major infrastructure projects like roads, railways, and power plants as part of their Belt and Road Initiative.
- Poverty, unemployment, and poor healthcare and education systems are among some of the difficulties Africa faces. While governments and international organizations attempt to solve these concerns, ordinary Africans' contributions in offering their time to assist those in need are vital.…
- Bribery in business is not unique to Africa, but the risks can be particularly high in a region with less stringent regulatory frameworks. On the continent, Equatorial Guinea tops the list with the highest bribery risk, scoring 87 and ranking 191st globally.
- Recent discoveries detailed in a report have presented an impediment to Uganda's oil exploration efforts in the Albertine Basin. This report comes at a time when Uganda is attempting to secure further funding for the project. The report notes that force has been used to disperse residents standing…
- Johann Rupert and Aliko Dangote, two of Africa's richest men, spent the month of August going back and forth. In the 31 days that made up August, the title of Africa’s richest man changed hands 3 times, and it would seem the game of cat and mouse is set to continue. Currently both men have the same…
- The foreign exchange reserves that a nation has, measured in terms of the number of months it can continue to pay for imports without needing outside assistance, is referred to as import cover. This is why import cover is an important metric to assess the health of an economy. This is more so…
- Most of Africa's agricultural exports are spread out among various countries, with no single country taking more than 25% of the total, except for China.
- The state of the external reserve for African countries affects the stability and growth of their economies. The drawbacks, should Federal Reserves be low, are numerous, including lower foreign direct investment, greater borrowing costs, slowed economic development prospects, and increased…
- Russia has expressed a desire to become more involved in Nigeria's hydrocarbon market. It hopes to provide its vast experience in offshore seismic surveys and hydrocarbon deposit exploration. This is coming at a time when the West African country is looking to establish mobile LNG filling stations.
- Dangote Petroleum Refinery has debunked recent media reports suggesting that the Nigerian National Petroleum Corporation (NNPC) has begun lifting petrol from its facility for ₦897 per litre.
- While governments and international organizations seek to solve some of the most pressing human challenges in several African countries, the contribution of the average African in volunteering their time to assist those in need is vital. Volunteering promotes community spirit and pushes social and…
- Djibouti intends for Ethiopia to take up an offer on exclusive access to one of its ports, in an attempt to defuse regional tensions sparked by Ethiopia to reclaim direct access to the sea.
- Africa’s agricultural trade is picking up speed, but it's facing opportunities and challenges. The continent recorded the second-fastest growth in agricultural imports, following Asia.
- China has signed a deal with Tanzania and Zambia to rehabilitate a decades-old railway aimed at improving rail-sea transportation in resource-rich East Africa.
- Jacob Zuma’s daughter, Nomcebo Zuma, is officially the 16th wife of the King of Eswatini, formerly Swaziland, following a traditional ceremony on Monday night.
- Since its founding in 2000, the Bill and Melinda Gates Foundation has partnered with institutions across 49 African countries, focusing on health and agricultural advancements to drive progress.
- In conflict regions, United Nations (UN) peacekeeping deployments are frequently the thin line between chaos and order. African countries play an important part in these operations, not only as beneficiaries but also as key sources of peacekeeping soldiers. Africans' involvement in UN peacekeeping…
- Several African leaders have arrived in China’s capital, Beijing, for the 3-day Forum on China-Africa Cooperation (FOCAC) summit. This is the first time African leaders are convening in the capital city since 2018. Several questions have been raised ahead of the summit, some of which could be…
- Nigeria has been ranked as the largest debtor in Africa and the third-largest globally to the World Bank’s International Development Association (IDA), according to the Bank’s financial statement.
- Local donors have an important role in promoting long-term growth and resilience in development and humanitarian relief. However, when the number of local contributors is low, it might harm national and community development. Some African countries are currently faced with this predicament.
- The global tech industry has recently witnessed a wave of layoffs triggered by the COVID-19 pandemic and the harsh economic climate. The African tech sector faced substantial layoffs since 2020, with big e-commerce platforms like Jumia and Alerzo laying off over 1000 employees combined.
