- Some countries are expected to welcome more individuals into the millionaire club as the world’s population makes substantial progress in terms of wealth per adult.
- For several African countries, oil production still stands as a key revenue source and a significant buttress to their Gross Domestic Product, making it a sturdy resource. However, the production of this resource typically fluctuates month-on-month, and for May, this trend has been no different.
- Africa continues to grapple with some of the world’s most severe electricity access challenges, with Nigeria and the Democratic Republic of Congo topping the global rankings for the largest populations without power.
- South Africa, in particular, maintained its lead as Africa’s top intra-African trading nation, with $42.1 billion in trade, nearly one-fifth of all intra-African trade in 2024, according to Afreximbank report.
- A recent survey by Maverick Research has revealed a growing divide among Ghanaian consumers regarding price expectations, despite the notable appreciation of the Ghana cedi in 2025.
- In 2025 alone, two African nations, Sierra Leone and Rwanda, seemed to have positioned themselves as potential entrants into the continent’s oil-producing club, signaling a shift in their long-term economic strategies. The former recently found viabilty in this objective, following a 3D seismic…
- Ethiopia has formally opened its banking sector to international investors for the first time, marking the most significant change to its financial system in decades.
- A new chapter is unfolding in Africa’s energy landscape as the continent welcomes Ethiopia into its community of oil-exporting nations as it makes its debut in the global oil market this September.
- Sudan ranks as the least peaceful country in Africa and the third least peaceful globally. In Sub-Saharan Africa, the average peacefulness also declined by 0.17% over the past year.
- One major metric used to evaluate the strength of a country’s economy is the size of the gross domestic product (GDP), which is defined as the combined value of all goods and services produced within a country in a year.
- Ghana’s Parliament has unanimously approved a $2.8 billion debt restructuring agreement with 25 creditor countries, including China, France, the United States, Germany, and the United Kingdom.
- Economic sanctions are used by governments and multinationals to influence state and non-state actors, deterring decisions that threaten global interests or violate international norms
- In a global climate characterized by financial distress and fiscal imbalances, some African countries that have managed to restrict general government debt growth to manageable levels are increasingly standing out.
- The African Development Bank has approved a $500,000 grant to support a feasibility study for the Kigali Urban Cable Car Project, a first-of-its-kind aerial urban transit system in sub-Saharan Africa.
- In recent years, several African countries have signed nuclear cooperation agreements with Russia, intending to employ nuclear technology for initiatives such as energy generation, medicinal applications, and agricultural developments.
- A low population reaching military age has a direct influence on a country's capacity to sustain a strong and well-staffed military, including within Africa.
- Five African countries have been selected to join the ambitious Russian-Chinese International Lunar Research Station (ILRS) project, solidifying Africa's participation in the next frontier of space research.
- According to 2025 estimates from the International Monetary Fund, South Sudan ranks as the poorest country in the world, with a GDP per capita of just $251.
- Ukraine is stepping up its engagement in West Africa with a new offer to provide military training to Mauritanian forces, in a move widely seen as a response to Russia’s expanding influence across the Sahel region.
- The Minister of Environment, Science, Technology and Innovation (MESTI), Dr Ibrahim Murtala Muhammed, has announced the government’s plan to restrict the importation of single-use plastic items, including plastic straws, as part of a broader strategy to transition Ghana toward a circular and more…
- On August 15, Dangote Refinery will send out a fleet of 4,000 Compressed Natural Gas tanker trucks. With over 100 new CNG refuelling hubs, the idea is to deliver petrol and diesel straight from the refinery to retailers, manufacturers, telecoms, and airports. But this isn’t just a publicity stunt.…
- In 2025 alone, Africa has made significant strides in the space technology arena. With a blend of innovative local initiatives and robust international partnerships, the continent is charting its course into the final frontier. This is highlighted by the Transient Array Radio Telescope (TART) in…
- Russia has continued its diplomatic expansion across Africa with its recent plan to establish an embassy in Africa's youngest nation, the Republic of South Sudan, its first in the country.
- Businesses in Nairobi have shut down, fearing vandalism. This decision is coming in the wake of plans to commemorate the Kenyan anti-bill protest of 2024, which recorded dozens of casualties. The 25th of June marks the first day of the protest’s anniversary.
- As the second half of 2025 gets rolling, an increasing number of African countries find themselves in a precarious position, grappling with the profound challenges posed by their extensive debt burdens to the International Monetary Fund (IMF).
- Following intensified U.S. strikes on key military sites in Iran, the Iranian Parliament has voted to block the Strait of Hormuz—one of the world’s most critical maritime trade routes, through which roughly 20% of global oil supply flows.
- Nigeria and Brazil have signed a $1 billion agreement aimed at boosting agriculture, food security, energy, and defence in Nigeria, according to Vice President Kashim Shettima.
- The top four universities on the continent are all based in South Africa, with six of the top ten coming from the country. Egypt also had a strong showing, with three universities making it into the top tier.
- Having a sizable helicopter fleet is especially important for African countries because of the continent's enormous geographic expanse, varied topography, and frequently difficult infrastructure.
- In many African countries, diesel plays as significant a role as petrol does. It powers vehicles that convey food and products, fuels public transportation, operates agricultural gear, and keeps small businesses functioning in places without reliable electricity.
- 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.
- Following the pivotal agreements signed between Russia and Mali, Corps General Sadio Kamará, Mali's Minister of Defense and Veterans Affairs, met with Russian Defense Minister Andrey Belousov in Moscow. There, they discussed the corporation in defense, where Mali referenced Russia struggles against…
- According to Datapanda, 39 countries are at war, based on significant conflict-related deaths, from Ukraine with the highest to Tunisia with the lowest. A recent exchange between Iran and America, has broken out, raising that number to 41. This war has many speculating about a potential third World…
- The United States Supreme Court has endorsed President Donald Trump’s controversial plan to deport certain categories of undocumented migrants to select African countries.
- As the second half of 2025 gets rolling, certain African countries' which boast the continent's strongest currencies continue to see an appreciation of their legal tender.
- Russia has signed new agreements to strengthen trade and economic relations with Mali, as President Vladimir Putin hosted the West African country's military leader, Colonel Assimi Goita, in Moscow.
- The United States Embassy in Ghana has issued a strong caution to all U.S. visa holders, urging them to adhere strictly to American laws or risk facing serious consequences including visa revocation, deportation, or permanent travel ineligibility.
- As presently constituted, some African countries are standing out for maintaining relatively low domestic fuel prices, as they have done all year round. This might change dramatically given the current conflict between Iran and America. However, till the Strait of Hormuz is cut off, some African…
- South Africa has signed a $1.5 billion loan agreement from the World Bank to upgrade its struggling transport and energy infrastructure in a bid to boost economic growth.
