- One important economic metric that emphasizes how affordable products and services are in a community, in this example, African cities, in relation to income levels is purchasing power.
- Morocco’s state-owned rail operator, ONCF, announced on Wednesday a $2.9 billion investment to purchase 168 trains from France, Spain, and South Korea.
- The Governor of the Bank of Ghana, Dr Johnson Pandit Asiama, has announced plans to introduce a new foreign exchange law as part of efforts to enhance the country’s banking sector.
- Amid uncertainties surrounding Nigeria’s decision to revamp the visa-on-arrival (VoA) policy, the Nigeria’s Minister of Interior, has clarified that the policy has not been scrapped.
- Like everywhere else in the world, Africa benefits from a strong currency in numerous areas including investment, trade, regional integration, and geopolitical influence.
- Sub-Saharan Africa is still the most expensive region in the world to transfer money to, with an average remittance cost of 8.37% in the second quarter of 2024, according to the World Bank's most recent remittance report.
- Rwanda is facing mounting pressure over its role in the DRC conflict, with the UK announcing fresh aid restrictions and limitations on bilateral relations.
- Forty nations from Europe, Asia, and parts of the Middle East secured visa-free entry into the U.S. However, none of Africa’s 54 countries were included.
- YouTube has become one of Africa’s most influential platforms, giving content creators, musicians, and media personalities a space to reach millions of viewers across the continent and beyond.
- The Alliance of the Sahel states (AES), consisting of Mali, Burkina Faso, and Niger have presented its new flag, weeks after exiting the Economic Community of West African States (ECOWAS).
- The fastest-growing economies in Africa are set to dominate global rankings in 2025, according to a recent report by the African Development Bank (AfDB). With policies aimed at improving the productivity and competitiveness of domestic productive sectors—agriculture and manufacturing—and with…
- The Democratic Republic of Congo, the world’s leading producer of cobalt, announced on Monday that it has temporarily halted exports of the metal due to an oversupply in the global market.
- The Trump administration is considering an executive action to dismantle U.S. Africa Command (AFRICOM), transferring it under European Command (EUCOM), according to multiple sources familiar with the plans. Downsizing the U.S. Africa Command is believed to be part of Mr. Trump's goal of downsizing…
- Major African regional blocs, the SADC and EAC, have jointly appointed former leaders to mediate the ongoing conflict in eastern Democratic Republic of Congo (DRC).
- Billionaire Aliko Dangote has seen his wealth nearly double to $23.9 billion, which ranks the Nigerian business tycoon as the wealthiest person in Africa and 86th in the world.
- There is a growing number of African women making strides in global football ownership, breaking barriers in a traditionally male-dominated industry.
- With the geopolitical landscape shifting and the world rapidly evolving in 2025, some of the longest serving African leaders managed to retain power for more than three decades. These leaders have come under pressure for failing to enact political and constitutional reforms that can guarantee…
- Global trade is a crucial indicator of a country's economic strength, and the world's largest exporters shape the international market with their diverse range of goods.
- The latest news surrounding the health of Pope Francis is that he is in critical condition, with blood tests showing mild signs of kidney failure, according to the Vatican. Francis was hospitalized over a week ago following a case of respiratory crises and “an initial, mild, renal failure.” Due to…
- A recent study has revealed the countries with the highest percentage of internet users aged 16 and above who accessed an online gambling app or website in the past month.
- U.S. President Donald Trump has called for the elimination of the “non-statutory components and functions” of the U.S. African Development Foundation and various other government agencies.
- A little over a year ago, all the supply of Nigeria’s premium motor spirits (PMS), otherwise known as petrol, came from foreign markets. That all changed after the launch of the Dangote Refinery.
- Years of corruption scandals, inadequate public services, and unfulfilled promises have severely eroded confidence in African governments. Nigeria, for instance, faces deep-seated distrust in its government, with only 44% of people expressing trust.
- While some African countries have chipped away at their debts others have piled onto them, as they’ve reached out to financiers like the International Monetary Fund (IMF) for financial aid.
- Years of corruption scandals, inadequate public services, and unfulfilled promises have severely eroded confidence in African governments. Nigeria, for instance, faces deep-seated distrust in its government, with only 44% of people expressing trust.
- In an era where smartphones have become an integral part of daily life, mobile internet usage continues to surge globally with the increase in web traffic.
- Speed regulations vary across African nations but generally fall within common ranges based on road types: urban areas (40–60 km/h), rural roads (60–100 km/h), and highways (80–120 km/h).
- Speed regulations vary across African nations but generally fall within common ranges based on road types: urban areas (40–60 km/h), rural roads (60–100 km/h), and highways (80–120 km/h).
- Reports indicate that several members of the police force in Congo have switched sides, joining the M23 rebel group that invaded parts of the country weeks ago.
- Purchasing power is an important economic indicator that affects the affordability of products and services in a community, including within African cities, compared to income levels.
- Peace is one of humanity’s deepest desires, yet in a world of war, economic hardship, and political divides, it often feels just out of reach. While people everywhere yearn for safety, stability, and the chance to build better futures, the reality is that conflict continues to shape the lives of…
- The United States has imposed fresh sanctions on a top Rwandan government official due to the country's alleged role in the escalating crisis in the Democratic Republic of Congo (DRC).
