- The UK and US have sanctioned British-Kenyan businessman, Kamlesh Pattni over his alleged involvement in illicit gold trade and the Goldenberg scandal in Kenya.
- The lack of trust in the police as noticed across some African nations is a significant issue which is deeply rooted in a combination of historical, social, and political factors.
- The International Air Transport Association (IATA) has expressed concern over several countries blocking aviation funds, preventing airlines from repatriating their earnings.
- In Africa, where many countries are working to achieve sustainable development and enhance residents' quality of life, grocery prices significantly impact economic and social consequences.
- Despite the withdrawal of Burkina Faso, Niger, and Mali from its previous regional bloc, the Economic Community of West African States (ECOWAS), Senegal's president, Bassirou Diomaye Faye, has stated that he is making progress with each of these nations.
- Africa’s natural gas reserves are estimated to last another 55.7 years at the current production rate. In 2023, the continent pumped out 253 billion cubic meters of natural gas, a whopping 87% increase since 2000.
- Equinor has finalized the sale of its assets in Nigeria and Azerbaijan for up to $2 billion, marking the end of its operations in both countries after roughly 30 years, the Norwegian oil and gas company announced on Monday.
- According to a new survey, more individuals in Kenya are opting for traditional banking services, despite Africa's rising trend toward mobile banking.
- The rumors about the working relationship between the Multinational Security Support Mission (MSS), mostly composed of Kenyan police personnel, and the Haitian National Police have been touched on.
- Algeria boasts the lowest inequality index in Africa at 27.6%, ranking 152nd globally. Following closely is Egypt, with an index of 31.5%, placing it 133rd worldwide, while Seychelles ranks third in the region at 32.1%, holding the 129th spot globally.
- John Dramani Mahama, Ghana’s former president, has achieved a remarkable political comeback after his opponent, Vice President Mahamudu Bawumia, conceded defeat on Sunday.
- John Dramani Mahama, Ghana’s former president, has achieved a remarkable political comeback after his opponent, Vice President Mahamudu Bawumia, conceded defeat on Sunday.
- From limiting access to leisure and social interaction to constraining economic progress, the repercussions of a high restaurant index can be profound, particulalrly in African countries.
- Several African nations have recently taken steps to end France’s military and political influence within their borders, largely driven by rising anti-colonial sentiments and dissatisfaction with France's involvement in regional affairs.
- An Egyptian military agency has assumed control of the country's strategic commodity imports. In recent weeks, this move has disrupted the global wheat market.
- In Q3 2024, Nigeria's economy grew at a real GDP growth rate of 3.46% year over year, which was somewhat higher than the 3.19% growth rate in the previous quarter.
- China sits at the top of the list of the most disliked countries globally. Nigeria, the most populous country in Africa, ranks first on the continent as the most disliked and 15th globally.
- Economic expansion, social change, and sustainable development all depend on education. However, several African countries struggle to attain high levels of education, which hinders their advancement on a number of developmental fronts.
- In this exclusive interview with Business Insider Africa, Soyombo shares his unique perspective on what makes a tech startup successful, the importance of founder-market fit, and the evolving opportunities in Africa's tech landscape.
- The African Development Bank (AfDB) has finalized a €350 million ($370 million) loan agreement with Morocco, with plans under consideration to provide an additional €650 million to support infrastructure projects for the 2030 FIFA World Cup.
- The World Bank has secured a record $100 billion in pledges to support its International Development Association (IDA), the branch dedicated to providing low-interest loans and grants to the world’s poorest nations.
- The Agriculture Food Systems and Rural Transformation Strategy in Zimbabwe has piqued Nigeria's interest. As a result, Nigeria dispatched a delegation to the Southern African country led by Abubakar Shaib Kyari, the Nigerian Minister of Agriculture and Food Security.
- A monument honoring Yevgeny Prigozhin, the late leader of Russia's Wagner Group, has been unveiled in Bangui, the capital of the Central African Republic (CAR).
- The wealthiest markets in Africa, South Africa, Egypt, Nigeria, Kenya, and Morocco, account for 56% of the continent’s millionaires and over 90% of its billionaires.
- The abundance of minerals and hydrocarbons can be a blessing or a burden for developing economies, as many overly depend on commodity exports for economic survival.
- As the festive season draws near, Africa offers a wealth of attractive cities that can provide memorable holiday experiences as individuals seek exciting travel destinations.
- Speaking at the VTB RUSSIA CALLING! Investment Forum in Moscow, the president of Russia, Vladimir Putin, noted that he believes there is a spiritual connection between Russia and Africa.
- According to a recently released salary report, Nigerians in the finance sector are very dissatisfied with the remunerations they are currently receiving.
- Since entering key countries in sub-Saharan Africa (SSA), Netflix has been contributing across economic sector value chains within and adjacent to the cultural and creative industries and stakeholder ecosystems
- Global streaming powerhouse Netflix has reportedly pulled out of the Nigerian market, marking the end of an eight-year run in Africa’s most populous country.
- The global effort to cut carbon emissions and achieve net-zero targets by 2050 has driven up demand for transition minerals, particularly lithium, as nations shift to cleaner energy sources.
- When restaurants keep their pricing low, dining out becomes more accessible to a larger portion of the community, promoting inclusion and social engagement. This has the potential to bolster an economy, particularly for African countries.
- AirHelp’s process combined objective flight data, extensive passenger surveys, and unique insights into how airlines handle compensation claims, creating a comprehensive assessment of airline performance.
- The latest data from the International Air Transport Association (IATA) reveals that African airlines recorded the slowest growth in the global air cargo market in October 2024.
- Niger, responsible for approximately 4% of global uranium output, has long been a key supplier for Orano, a significant player in the nuclear energy sector.
- While global poverty rates have shown some improvement in recent years, the fight against multidimensional poverty remains a massive challenge. Sub-Saharan Africa alone accounts for 553 million people trapped in poverty, while South Asia is home to another 402 million.
