- A recent survey suggests that the approval ratings of China and Russia have surpassed the approval ratings of America in Africa. While the US had a 56% approval rating in 2023, China had 58%, and Russia; 64%. Across the globe, however, the US’s approval rating remained below the 50% mark, while it…
- South Africa is famous for many reasons, but its economic status stands out. The country holds the title of being the most industrialized, technologically advanced, and diversified economy in Africa.
- According to the International Monetary Fund, several African countries, during the year, would displace each other in the list of largest economies on the continent. Of these countries Kenya is set to go up, taking the place of Angola as the 4th largest economy in Sub-Saharan Africa. The East…
- Moroccan authorities are looking to transform the country into an aviation hub, attracting investors seeking to diversify their supply chains across countries.
- A new report has found that hackers usually experiment with their latest ransomware in less protected regions like Africa, Asia and South America before targeting countries in Europe and Northern America.
- On Meta and Twitter, Instagram and WeChat, YouTube and TikTok, and in countless WhatsApp groups, farmers around the world use everyday social media platforms to support their agricultural livelihoods.
- Africa's prominence globally continues to rise tremendously. With an economy of youthful minds and precious resources with enormous promise, the continent continues to make a case for why it should be regarded with greater importance than it is now. One aspect of Africa’s growth is in its military…
- Russia is considering opening diplomatic missions in a few African nations. For the past few years, Russia has been looking to grow its influence in Africa. To which it has launched several initiatives and programs. In the country’s latest move to win over the “Mother Continent,” Russia has…
- Throughout history, humans have been a migratory species. Today, more people reside in countries different from their place of birth than ever before.
- Illegal migrants deported from Britain to Rwanda will be accommodated at the Hope Hostel, which hosted student survivors of the 1994 genocide for nearly three decades.
- Africa’s growth for years has been marred by several socioeconomic and political complications. One such issue has been the prevalence of sub-par leadership. While the continent seems to be on an upward trend on almost every metric, there is no denying the fact that some of the continent’s most…
- The Nigerian government has shut down a Chinese business over allegations of discrimination. The Chinese establishment had been accused of refusing Nigerians entry into the supermarket, tagging it Chinese only. The Chinese supermarket has however denied any allegations of discrimination, noting…
- When we look at countries around the world and their leadership through the lens of power, we use different terms to describe their influence and strategies: Hard Power, Soft Power, sticky power, old power, and new power.
- The 2024 Smart City Index has been released. This year’s index ranks 142 smart cities worldwide based on data analyzed by researchers and survey responses of 120 residents in each city.
- Just a few days after the United States announced its decision to withdraw its 1,100 troops from the West African nation, some U.S. officials in Washington are starting to admit that the Biden administration’s strategy to maintain diplomatic relationships with war-battered African countries and…
- According to the Egyptian Ministry of Tourism and Antiquities, a 3400 old Egyptian relic taken away from the North African country, a few decades ago has been returned. The 3,400-year-old statue of Ramesses II, an ancient Egyptian pharaoh, was recently recovered from Switzerland after it had been…
- Africa is a continent full of unrealized potential and emerging prospects, yet it is sometimes seen through a prism of difficulties and hardships. With its abundance of natural resources, youthful population, and quickly urbanizing cities, Africa is positioned to dominate the world economy in the…
- For close to a year, Nigeria's economy has endured some of its most severe setbacks in history. This is the outcome of a couple of economic policies implemented by the country's new administration, including the elimination of gasoline subsidies and the floating of the currency (Naira). Since the…
- The Stockholm International Peace Research Institute (SIPRI) recently published its Military Expenditure Database for 2023. Data from the report showed that military spending is up in Africa, the Middle East, Europe, Asia, Oceania, and North and South America. This is the first time since 2009 that…
- Africa currently holds a total investable wealth of USD 2.5 trillion, with its millionaire population expected to rise by 65% over the next 10 years.
- According to a recent research, money laundering has become a very prevalent problem in Kenya's construction sector. The data from the research shows that this industry accounts for more than half of all recorded occurrences of money laundering. Other criminal activities in the industry include tax…
- Kenya and Uganda have agreed to integrate cultures to boost tourism revenue. The two East African countries have set their sights on cross-cultural tourism to help increase the number of visitors they receive. The decision was made after the Ugandan consulate to Mombasa attended the Uganda Festival.
- Nigeria’s Minister of Finance Wale Edun, recently relayed that Nigeria is in the perfect position to attain a loan from the World Bank. During a press conference, he noted that Nigeria qualifies for a $2 billion loan from the global lender. He also noted that the African Development Bank has been…
- The United States has decided to withdraw its troops from Niger. This decision follows an agreement between U.S. Deputy Secretary of State Kurt Campbell and Niger's leadership, a source familiar with the matter told Reuters..
- A new report reveals that money laundering in Kenya is most prevalent in the construction industry. The reports showed that over 50% of the cases of money laundering reported were linked to the country’s construction sector. Other crimes such as tax evasion, sanctions evasion, corruption, asset…
- Zimbabwe has requested the assistance of the United States in reminding banks that Washington has recently eased some of its sanctions on the southern African country.
- The latest Nigerian sensation, Tunde Onakoya has surpassed the record for the longest chess marathon. He achieved this feat by playing for 58 consecutive hours in New York's famed Times Square. He has also promised that proceeds from his efforts and donations would be put to philanthropic use.
- Growing rates of inflation have presented serious issues for African countries over the years. Despite being considered developing nations, several of the countries on the continent still have to contend with this issue, constituting a double-layered problem. This leads to complications that may be…
- The International Monetary Fund forecasts predict that Nigeria, once dubbed Africa's largest economy, is set to relinquish its crown and slide to fourth place this year.
- The Russian capital, Moscow just inaugurated the House of Africa. This is not the first center of its kind in the Eurasian country. Back in July 2023, Russia opened its first House of Africa in the city of St. Petersburg, a region considered the cultural capital of Russia.
- The governor of the Central Bank of Nigeria Olayemi Cardoso has given a reason for the depletion of the country's foreign exchange reserves. The apex bank disclosed that contrary to what was initially reported, the sharp decline in Nigeria’s forex is not a result of defending the country’s currency…
- When it comes to air travel, having a seamless experience at the airport can make a difference in your trip. In Africa, some airports stand out for their exceptional facilities, services, and overall passenger experience.
- Illegal money changers in Zimbabwe have proceeded with their regular activities after an abrupt recess. Reports show that they have been spotted on the streets again, following their break after the country's move to revamp its currency. In April 2024, the Southern African country became the first…
- Zimbabwe's Central Bank governor has said that the country will refrain from printing additional ZiG notes unless it has the reserves to support the new currency.
- A nation's working-age population begins to decline when it experiences a demographic shift brought on by aging populations and falling birth rates. Some countries such as South Korea already have an alarmingly low fertility rate, with a population decline expected in the coming years, while some…
- According to a recent report, 2023 saw to the decline in the population of dollar millionaires in Kenya. This was a result of the poor performance of the country’s local currency. The report noted that the weak Shilling shed off the investable wealth in dollars these millionaires would have…
- The prevalence of dollar millionaires in African countries helps to drive economic growth, stimulate innovation, and improve social mobility. As growth catalysts and change agents, rich individuals play an important role in influencing their countries' destinies and unlocking prosperity for future…
- Several Africans have just been named to Time magazine's distinguished list of the 100 most influential people of 2024, indicating the continent's growing influence. The increasing prominence of Africans on the international scene is demonstrated by their placement in Time magazine's list of the…
- In recent years, Africa has seen a rise in its number of billionaires, but at the same time, many millionaires have left the continent. Over the past decade, almost 20,000 ultra-rich individuals have moved away or seen dramatic currency depreciations eat away their wealth.
- Russia is in the process of strengthening its relationship with Africa by actively investing in the continent’s healthcare sector. This intention was made known by the president of Russia, Vladimir Putin on Wednesday. He noted that for its part, Russia is prepared for close ties with Africa in the…
- Nigerian chess master, and founder of Chess in Slums Africa, Tunde Onakoya, will begin the journey to break the Guinness World Record for the longest chess marathon today.
- The internet and its accessibility are important in this present age. Whether it's for school, staying connected with friends, or watching movies, the internet has become something we can't do without around the world, including in Africa.
- Inflationary pressures, particularly in Africa are frequently exacerbated by high consumer prices, which reduce the value of savings and fixed incomes. High consumer prices disproportionately affect low-income earners and retirees who rely on fixed pensions, leading to a decline in real income and…