- From North Africa to the western part of the continent, African countries face various security challenges, ranging from internal conflicts and terrorism to regional geopolitical dynamics.
- Uganda’s Ministry of Gender Data recently revealed that Uganda made approximately Shs25 billion ($6.49 million) from exporting labor. The East African country was able to realize this revenue in the space of 2 years. During this time 120,459 workers left Uganda to find work outside its borders, and…
- The drawbacks of a weak currency, particularly in Africa are numerous and pervasive, impacting every aspect of society. Addressing the fundamental causes of currency weakness needs a collaborative effort by governments, industry, and international partners. So far between 2023 and 2024, African…
- South Africa is poised to become the latest country to open its doors to remote workers with the anticipated launch of its digital nomad visa. According to the Department of Home Affairs, the digital nomad visa will allow nationals of other countries to stay and work in South Africa.
- University of Dodoma’s students, primarily in the Information and Communication Technology (ICT) department have made a notable contribution to the country’s digital ecosystem. These students collaborated on a project to create an Artificial Intelligence (AI) tool intended to ease operations for…
- The International Monetary Fund (IMF) has stated that the ongoing cost-of-living crisis in Nigeria has spiked due to stalled per-capita growth, high poverty rates, and increased food insecurity.
- In a revealing interview with Business Insider Africa, Jeremy Awori, the visionary leader of Ecobank, unveiled the bank's strategic direction less than a year into his tenure. Seizing the vibrant platform of the TotalEnergies CAF African Cup of Nations Côte d’Ivoire 2023, Ecobank launched an…
- Tanzania, via the effort of its business-inclined head of state, Samia Suluhu Hassan, has doubled down on a partnership with a French multinational. A recent report indicates that an agreement to double Tanzania's stake in the Mnazi Bay natural gas project was reached. This move stems from the…
- Authorities investigating the helicopter incident that led to the tragic loss of Nigerian banker Herbert Wigwe mentioned that the conditions during the accident on Friday night "indicated the presence of rain and wintry mix."
- Uganda has taken extra precautionary steps to ensure the legitimacy of products entering its borders. Recently, the country issued a notice, to inform clearing officers of a new rule. Uganda Revenue Authority (URA) wrote to airlines operating in Uganda only to allow gold shipments with proof of…
- The coup-born government of Niger Republic has restated its prohibition of flights from Nigeria, insisting that flights from Nigeria would not be allowed to land in Niger.
- CEO of Access Holdings Plc, Hebert Wigwe has died in a helicopter crash in California, sparking an outpouring of grief from the African business community.
- Reports from numerous sources claim that Hebert Wigwe, the managing director of Access Bank, one of Nigeria’s premier banks has passed away. He is said to have been involved in a helicopter crash with a few others. However, there has been no official confirmation yet on the status of Hebert Wigwe,…
- The Nigerian Exchange Limited (NGX) has delisted the shares of GlaxoSmithKline Consumer Nigeria (GSK) Plc from its Daily Official List, as disclosed in the Exchange's Weekly Report.
- In an earlier article about countries with the most expensive housing estate in Africa, Business Insider Africa noted that many African countries are experiencing economic booms and rapid urbanization. Consequently, the high demand for housing influences property prices.
- It is impossible to overestimate the benefits of tobacco-free populations in African nations. The advantages of tobacco control go well beyond personal health, including enhanced productivity, lower healthcare costs, better public health outcomes, and environmental benefits. In Africa and around…
- Nearly half of Kenyans have admitted to being stressed about their personal finances these days, and a majority — 48% — of workers said their financial stress has increased since before the Covid-19 pandemic began in March 2020, according to a new report by financial services monitor, Old Mutual…
- Yesterday, Google announced the rebranding of its artificial intelligence chatbot from “Bard” to “Gemini” and is rolling out an advanced version of the software to the public. According to the global tech giant, the new Gemini Pro artificial intelligence model will be available in South Africa…
- Tanzania's energy sector gets a reprieve as the price of petroleum products reduces. An update on the prices of petroleum products in the country shows a 1.07% decrease. This fall follows the recent decline in global energy prices and comes with several guidelines issued to local fuel marketers…
- Kenya and Japan have entered an agreement that promises to be huge for Kenya’s automobile industry. Both countries have inked deals that could generate approximately Sh99 billion in green energy and vehicle manufacturing investments. The deal involves Kenya and the Japanese automobile giant Toyota…
- Exxon Mobil Corp. intends to exit Equatorial Guinea in the coming months, concluding nearly three decades of oil drilling that led the small West African nation to become an OPEC member.
- French energy giant TotalEnergies is exploring the sale of its minority stake in a major Nigerian onshore oil joint venture, following Shell's divestment last month, according to CEO Patrick Pouyanne.
- While the effects of overpopulation commonly drive demographic conversations in Africa, the benefits of a region having a low population are sometimes disregarded. Low population density provides distinct benefits that can support sustainable development, improve quality of life, and encourage…
- Following a dramatic year for Ghana’s economy in 2023, 2024 promises a recovery that will lead to its currency’s resurgence. A recent analysis detailed that the Gold Coast’s currency, the Cedi, at the end of 2024 would have an exchange rate of GH¢13.4 ± 0.10 to one US dollar. This is pivotal given…
- As part of the effort to tackle the forex crisis in Nigeria, the Economic and Financial Crimes Commission (EFCC) has raised a 7,000-man special task force across its 14 zonal commands to go after dollar racketeers.
- Business tycoon Gautam Adani of India is getting ready to expand his operations into Tanzania. His company, Adani International Port Holdings (AIPH) is looking to bring business to the Dar es Salaam port. More specifically, the company aims to acquire Tanzania International Container Terminal…
- Egypt has increased the monthly minimum wage by 50%, raising it to 6,000 pounds ($194). The adjustment, effective from March, is part of a 180 billion pound "urgent social protection package."
- The effect of pirate attacks on the Red Sea from Yemen-based militants, Houthi, has found its way into the Kenyan economy. On Wednesday, the Kenya Ships Agents Association (KSAA), warned of more increments in shipping costs. They relayed to importers in the country that the attacks from Yemen…
- Mali has announced that it will not adhere to the one-year waiting period mandated by the Economic Community of West African States (ECOWAS) for withdrawal.
- The number of Ugandans looking to visit China has increased in recent years. After the Covid-19 pandemic hit, there has been a slight increase in the number of Ugandans applying for Chinese visas, despite an initial scare. This information was put out by the Chinese ambassador to Uganda, Zhang…
- Two companies within the Dangote Industries Group are set to be listed on the exchange shortly, according to Umaru Kwairanga, Chairman of the Nigerian Exchange Group.
- In an effort to bolster Tanzania’s digital data pool and e-related services, the government is looking to integrate artificial intelligence into its e-government platforms. The country has been making a push to adopt digital solutions across sectors. This new initiative would aid in curbing…
- Zimbabwe's cabinet has decided to eliminate the death penalty for murder offences, marking the end of a practice that had not been implemented for almost two decades.
- Exports from China to Kenya saw a decline in 2023. This rare occurrence given the fact that China is Kenya’s leading source of goods, came amidst the Kenya’s rising cost of living, and a growing cap in the value of commodities. This level of decline has not been experienced in recent years, not…
- The World Bank is currently pushing against a legal case brought against it which involves Kenya. The Bank’s president, Ajay Banga disclosed on Monday, that the allegations brought against the bank's International Finance Corp (IFC) arm are untrue. The bank faces an accusation of sexual assault at…
- Last year proved economically turbulent for many African countries. According to the World Bank's Global Economic Prospect Report, growth in Sub-Saharan Africa (SSA) decelerated to an estimated 2.9 percent in 2023.
- A recent report from the Boston University Global Development Policy Center has urged for an urgent global initiative in 2024 to assist vulnerable nations in preventing financial collapse and addressing climate change.
- The dangers of corruption in Africa are manifold, affecting every facet of society. Tackling corruption requires a comprehensive and concerted effort from the government and civil society. Implementing robust anti-corruption measures, strengthening institutions, and promoting transparency are…
- Tanzanian officials are in the process of maximizing its carbon trade market. The country is set to register carbon trade projects worth $1 billion. (Sh2.4 trillion). This would come into effect once the country is done with the registration of its planned schemes, as investment into this market…
- Senegal's lawmakers have approved a 10-month delay for the presidential elections to conduct a parliamentary investigation into the candidate selection process.
- The relationship between Kenya and South Africa seems to be blossoming as trade between both countries, particularly on the side of South Africa, strengthens. A recent report showed that Kenya’s imports from South Africa increased significantly, while South Africa’s imports from Kenya declined.…
- Now, especially with the whole COVID-19 pandemic the world dealt with a few years back, it's become clear how having a solid healthcare system is crucial for a country and how it can impact the economy. The adage "health is wealth" has never rung more true.
- Sunday was a sombre day for Namibia as President Hage Geingob passed away at the age of 82 while undergoing medical treatment in Windhoek. The death of a country's leader is an event that transcends political boundaries and sparks collective grief.
- A start-up that Bill Gates and Jeff Bezos have investments in just discovered massive copper deposits in Zambia. Production from this reserve is projected to decrease the West’s dependence on China for the precious material. It is also expected to aid in the fight for decarbonization, as the world…