- While households bear the brunt of expensive housing in many African countries, the ripple effects are typically extensive, having considerable influence on the overall economy.
- Countries like Niger, Burundi, and Chad have maintained low unemployment rates, thanks to policies that prioritize key sectors like agriculture and tourism, foster entrepreneurship, and support the informal economy, which provides livelihoods for millions.
- President Donald Trump's recent executive order has sparked concerns about the potential impact on African countries that heavily rely on U.S. humanitarian aid.
- African sovereign wealth funds (SWFs) continue to play a critical role in shaping the continent's economic landscape, as nations seek ways to diversify their economies.
- As the calendar rolls to 2025, several African countries are confronted with the long-term ramifications of borrowing from the International Monetary Fund (IMF).
- In Nigeria, the combined wealth of just four billionaires ($23.7 billion) is so vast it could easily cover the whole of Lagos city in 500 naira notes,
- Algeria had the highest life expectancy at birth in Africa as of 2023, . A newborn infant was expected to live over 77 years in the country. Cabo Verde, Tunisia, and Mauritius followed, with a life expectancy between 77 and 75 years.
- It goes without saying that African countries that often face various challenges, including territorial disputes and internal security concerns have much need for a strong military.
- Major players in Nigeria’s oil industry, NMDPRA, NNPCL, and other marketers are facing legal action as Dangote refinery resumes its bid to halt refined petroleum imports into the country.
- Startup founders in Africa faced a significant decline in investments during 2024, driven by reduced interest and lower participation from investors compared to previous years.
- Egypt has the highest external debt in Africa, standing at $103.75 billion, according to a recent report by Global Firepower, which tracks external debt as part of its annual defence review.
- The Moroccan government is facing heavy criticism from the international community for trying to cull three million stray dogs ahead of the 2030 FIFA World Cup.
- Climate tech attracted 32% of the total tech funding in Africa last year. However, this represents a decline compared to 2023. Dotun Olowoporoku, Managing Partner at Ventures Platform—a VC firm that has backed over 90 startups across Africa, including climate tech enterprises—stresses the…
- Dangote has clarified that the recent hike in the ex-depot price of Premium Motor Spirit (PMS) is a result of the significant rise in global crude oil prices. Dangote Refinery confirmed that it has absorbed about 50% of the cost increases resulting from fluctuations in the international oil market.
- Despite the challenges posed by the harsh business terrain of 2024, several Nigerian companies have emerged as the most valuable firms in the country.
- According to Global Firepower (GFP), South Africa leads Africa in the number of serviceable airports with 575, ranking 13th globally, followed by Kenya with 370 airports at 18th, and the Democratic Republic of Congo (DRC) with 272 airports at 24th.
- Africa's growing tourism industry is hindered by internal conflicts and terrorism, leading to various travel warnings against visiting the continent.
- Africa’s wealthiest nations have not been immune to inflation's bite. Countries like South Africa, Egypt, Nigeria and Kenya—the continent’s largest economies—continue to wrestle with rising costs of living.
- In 2025, African countries with substantial economies are at a crucial point when maintaining a low cost of living is important for sustained growth.
- Over the years, African nations have sought to strengthen their defense capabilities by investing in military hardware and providing physical training for their armed forces.
- The $20 billion Dangote refinery is set to hit its maximum refining capacity in the coming months, which has been touted at 650,000 barrels per day (bpd).
- The $20 billion Dangote refinery is set to hit its maximum refining capacity in the coming months, which has been touted at 650,000 barrels per day (bpd).
- Fuel prices across Africa are a tale of extremes. In some countries, people pay a premium for every litre, while others enjoy fuel at rock-bottom prices.
- Diesel prices across Africa throughout last year varied significantly, with some African countries having prices as high as $2 while some, as low as $0.031. In a similar vein, 2025 seems to be starting on the same note.
- The U.S. State Department has called on Rwanda to cease using GPS jamming equipment in the eastern Democratic Republic of Congo, where millions of conflict-displaced people are in urgent need of aid.
- The president of the United Arab Emirates (UAE), Sheikh Mohamed bin Zayed Al Nahyan has accepted an invitation from the president of Nigeria Bola Tinubu, to visit the West African country.
- According to the Organisation of the Petroleum Exporting Countries (OPEC), Dangote’s oil push in Nigeria is beginning to disrupt the oil market in Europe.
- The 16th edition of the annual Hotel Chain Development Pipelines in Africa has been released, featuring insights from international and regional hotel chains.
- The way we look at human output is set to change significantly in the coming years, specifically from 2025 to 2030, and in Africa, this is projected to be more prevalent.
- Many African countries are prioritizing advanced training, acquiring sophisticated weaponry, and fostering regional collaborations to enhance their capabilities. Leading the charge is Tanzania, which ranks as the fastest-growing military power in Africa, with a Power Index score of 2.0416, placing…
- For 2024 the world’s busiest airports collectively handled over 411 million passengers. In Africa, Cairo International Airport handled 18,712,227 passengers in 2024—a significant 46% increase from its 2019 figures and an 11% rise compared to 2023.
- The Rwandan government has officially announced its first oil discovery, identifying 13 reservoirs within Lake Kivu, a natural border with the Democratic Republic of Congo.
