- The Nigerian government says it will investigate the high mortality rate in its aviation industry, where about 100 airlines have shut down in 40 years.
- The importation of beauty products is big business, especially in places like Nigeria, where demand for wigs and eyelashes is through the roof. China is the leading supplier of these beauty products to Nigeria, with imports worth $6.78 million.
- The Deputy Assistant Secretary of Defense for African Affairs Maureen Farrell, recently relayed that extreme weather conditions exacerbate the insecurity felt across Africa.
- Somalia and Ethiopia announced plans to initiate technical negotiations by the end of February next year, with a commitment to conclude them within four months.
- According to the National Bureau of Statistics, the United Kingdom has consistently emerged as Nigeria’s top investment partner, contributing a substantial $3.43 billion between January to September 2024.
- With 1.9 million out-of-school children, pastoralist groups in Kenya have highlighted how a nomadic lifestyle substantially influences educational prospects.
- In many African countries, the cost of food and by extension groceries has steadily increased, triggering a ripple effect across households, companies, and the economy at large.
- Leading the list of countries in the "low human development" category is Somalia, with an HDI score of 0.380, ranked 193rd, the lowest globally. Notably, Nigeria and Rwanda shared HDI score of 0.548, both ranking 161st globally, placing them in the "low human development" category.
- In the third quarter of 2024, Nigeria imported goods worth ₦512.56 billion from other African countries while exporting a far greater value of ₦2,486.00 billion.
- France has initiated the process of withdrawing its military presence from Chad, starting with the departure of two warplanes stationed in N'Djamena, the capital.
- Artificial intelligence (AI) has become a cornerstone of modern development. For African countries, AI has enormous promise in terms of solving problems across numerous sectors.
- In this exclusive interview with Business Insider Africa, Satoshi Shinada talks about Africa’s venture capital landscape, how it compares to other regions, and his philosophy on investing in African startups.
- The UK and US have sanctioned British-Kenyan businessman, Kamlesh Pattni over his alleged involvement in illicit gold trade and the Goldenberg scandal in Kenya.
- The lack of trust in the police as noticed across some African nations is a significant issue which is deeply rooted in a combination of historical, social, and political factors.
- The International Air Transport Association (IATA) has expressed concern over several countries blocking aviation funds, preventing airlines from repatriating their earnings.
- In Africa, where many countries are working to achieve sustainable development and enhance residents' quality of life, grocery prices significantly impact economic and social consequences.
- Despite the withdrawal of Burkina Faso, Niger, and Mali from its previous regional bloc, the Economic Community of West African States (ECOWAS), Senegal's president, Bassirou Diomaye Faye, has stated that he is making progress with each of these nations.
- Africa’s natural gas reserves are estimated to last another 55.7 years at the current production rate. In 2023, the continent pumped out 253 billion cubic meters of natural gas, a whopping 87% increase since 2000.
- Equinor has finalized the sale of its assets in Nigeria and Azerbaijan for up to $2 billion, marking the end of its operations in both countries after roughly 30 years, the Norwegian oil and gas company announced on Monday.
- According to a new survey, more individuals in Kenya are opting for traditional banking services, despite Africa's rising trend toward mobile banking.
- The rumors about the working relationship between the Multinational Security Support Mission (MSS), mostly composed of Kenyan police personnel, and the Haitian National Police have been touched on.
- Algeria boasts the lowest inequality index in Africa at 27.6%, ranking 152nd globally. Following closely is Egypt, with an index of 31.5%, placing it 133rd worldwide, while Seychelles ranks third in the region at 32.1%, holding the 129th spot globally.
- John Dramani Mahama, Ghana’s former president, has achieved a remarkable political comeback after his opponent, Vice President Mahamudu Bawumia, conceded defeat on Sunday.
- John Dramani Mahama, Ghana’s former president, has achieved a remarkable political comeback after his opponent, Vice President Mahamudu Bawumia, conceded defeat on Sunday.
- From limiting access to leisure and social interaction to constraining economic progress, the repercussions of a high restaurant index can be profound, particulalrly in African countries.
- Several African nations have recently taken steps to end France’s military and political influence within their borders, largely driven by rising anti-colonial sentiments and dissatisfaction with France's involvement in regional affairs.
- An Egyptian military agency has assumed control of the country's strategic commodity imports. In recent weeks, this move has disrupted the global wheat market.
- In Q3 2024, Nigeria's economy grew at a real GDP growth rate of 3.46% year over year, which was somewhat higher than the 3.19% growth rate in the previous quarter.
