- Forbes has unveiled its inaugural list of the 50 wealthiest Black Americans for 2024, highlighting three industry leaders of African origin among the honorees.
- In Africa, business aviation is an evolving sector that has gained prominence over recent decades. South Africa leads the continent in terms of business aircraft fleets, with 418 business jets recorded in 2019.
- When it comes to festive spending, decorations hold a special place in the hearts of many. In 2022, Cameroonians spent just over half of their holiday budget—an impressive 50%—on decorations, far surpassing other African nations.
- Despite recent challenges, Sub-Saharan Africa witnessed a surge in investment deals in 2023, driven by strong interest in the region's valuable commodities.
- A good quality of life is a global objective as it includes the social, economic, and environmental variables that enable a country to thrive and be resilient.
- Low fuel prices offer significant relief to citizens in certain African countries. Affordable fuel often translates to lower living costs, easing the financial burden on households.
- In a groundbreaking appointment, Major-General Anita Asmah of Ghana has been appointed as the Head of Mission and Force Commander of the United Nations Disengagement Observer Force (UNDOF).
- In 2020, African countries saw a notable increase in chocolate product exports. Côte d'Ivoire led the continent, exporting over 51,000 metric tons of chocolate products.
- According to a recent report by Euromonitor International, the Kenyan government is losing billions due to the illegal alcohol trade in the East African nation.
- Dangote refinery has announced a reduction in the ex-depot price of premium motor spirit (PMS), commonly known as petrol, to N899.50 per litre. The refinery had previously adjusted the price to N970 per litre on November 24.
- Despite the United States economic sanctions against Cuba that has lasted for decades, Namibian President Nangolo Mbumba emphasized his commitment to supporting the small Caribbean nation.
- The value of having superb vacation destinations in Africa goes much beyond just offering beautiful getaways. These locations are essential for promoting economic expansion, amongst other advantages.
- Unmanned aerial vehicles (UAVs) or Drones have undergone a significant transformation, from being a novelty to becoming an integral part of modern military arsenals.
- After spending 10 years in prison, Segun Olowookere, a Nigerian man who was sentenced to death for stealing some poultry in Osun state, has been pardoned.
- Even though Africa represents a small portion of the global air market, it’s a vital link connecting regions like Europe, the Middle East, and Asia. The Cairo–Jeddah route claims the top spot with over 5.4 million scheduled seats.
- While the Nigerian government has reportedly put in more effort to combat crime, some felonies are still perpetrated at an alarming rate, including robbery, kidnapping and homicide.
- While the Nigerian government has reportedly put in more effort to combat crime, some felonies are still perpetrated at an alarming rate, one of which is murder.
- Iranian President Masoud Pezeshkian is set to attend a summit of major Muslim nations in Egypt on Thursday, marking the first visit by an Iranian leader since 2013.
- Busy flight routes are a defining feature of the global aviation industry, connecting major cities, economic hubs, and tourist destinations worldwide.
- In Africa, the demand for beauty products has surged, but not just for makeup or skincare, there’s been a growing market for false beards, eyelashes, and brows. South Africa led the way in 2023, importing the highest value of these beauty products, totalling $5.91 million.
- The World Bank is looking at the prospect of approving a $1.65 billion loan for Nigeria, to aid the country in addressing some of its most pressing economic challenges.
- High fuel prices remain a significant challenge for citizens in many African countries, often contributing to increased living expenses and financial strain on households.
- The Democratic Republic of Congo has lodged criminal complaints against Apple subsidiaries in France and Belgium, accusing the tech giant of utilizing conflict minerals in its supply chain.
- More than just an outdoor pastime, camping promotes community, increases tourism, and allows people to connect with nature, particularly in African countries.
- According to data sourced from Statisense, in 2023, Nigeria imported armoured vehicles worth $8.54 billion from Singapore and $3.68 million from the United States.
- The Dangote refinery has in the past few weeks been making progress in expanding its market base across Africa. While this expansion has always been the intended goal, the refinery has been met with a lot of pushback in Nigeria that may have accelerated its push to other markets.
- Nigeria’s annual inflation rate climbed to 34.60% in November, up from 33.88% in October, according to data released by the National Bureau of Statistics (NBS) on Monday.
- The number of displaced individuals in Africa is steadily increasing, driven by ongoing crises and conflicts, affecting millions across the continent.
- Mali, Niger, and Burkina Faso reaffirmed their decision to withdraw from ECOWAS, declaring it irreversible. The trio have announced visa-free travel and residency rights for citizens of the 15-member ECOWAS bloc.
- Migration is an integral part of human history, and in Africa, it plays a significant role in shaping the social, economic, and cultural landscapes of the continent. The largest intra-African migration corridor is from Burkina Faso to Côte d'Ivoire, with over 1.37 million migrants.
- An effective military is critical to a country's security, sovereignty, and diplomatic power, as exemplified by the immense strength of certain armed forces.
- Efforts to end the years-long M23 crisis, driven by deadly conflicts have hit a setback following the cancellation of the meeting between the Presidents of Congo and Rwanda.
