- 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.
- China sits at the top of the list of the most disliked countries globally. Nigeria, the most populous country in Africa, ranks first on the continent as the most disliked and 15th globally.
- Economic expansion, social change, and sustainable development all depend on education. However, several African countries struggle to attain high levels of education, which hinders their advancement on a number of developmental fronts.
- In this exclusive interview with Business Insider Africa, Soyombo shares his unique perspective on what makes a tech startup successful, the importance of founder-market fit, and the evolving opportunities in Africa's tech landscape.
- The African Development Bank (AfDB) has finalized a €350 million ($370 million) loan agreement with Morocco, with plans under consideration to provide an additional €650 million to support infrastructure projects for the 2030 FIFA World Cup.
- The World Bank has secured a record $100 billion in pledges to support its International Development Association (IDA), the branch dedicated to providing low-interest loans and grants to the world’s poorest nations.
- The Agriculture Food Systems and Rural Transformation Strategy in Zimbabwe has piqued Nigeria's interest. As a result, Nigeria dispatched a delegation to the Southern African country led by Abubakar Shaib Kyari, the Nigerian Minister of Agriculture and Food Security.
- A monument honoring Yevgeny Prigozhin, the late leader of Russia's Wagner Group, has been unveiled in Bangui, the capital of the Central African Republic (CAR).
- The wealthiest markets in Africa, South Africa, Egypt, Nigeria, Kenya, and Morocco, account for 56% of the continent’s millionaires and over 90% of its billionaires.
- The abundance of minerals and hydrocarbons can be a blessing or a burden for developing economies, as many overly depend on commodity exports for economic survival.
- As the festive season draws near, Africa offers a wealth of attractive cities that can provide memorable holiday experiences as individuals seek exciting travel destinations.
- Speaking at the VTB RUSSIA CALLING! Investment Forum in Moscow, the president of Russia, Vladimir Putin, noted that he believes there is a spiritual connection between Russia and Africa.
- According to a recently released salary report, Nigerians in the finance sector are very dissatisfied with the remunerations they are currently receiving.
- Since entering key countries in sub-Saharan Africa (SSA), Netflix has been contributing across economic sector value chains within and adjacent to the cultural and creative industries and stakeholder ecosystems
- Global streaming powerhouse Netflix has reportedly pulled out of the Nigerian market, marking the end of an eight-year run in Africa’s most populous country.
- The global effort to cut carbon emissions and achieve net-zero targets by 2050 has driven up demand for transition minerals, particularly lithium, as nations shift to cleaner energy sources.
- When restaurants keep their pricing low, dining out becomes more accessible to a larger portion of the community, promoting inclusion and social engagement. This has the potential to bolster an economy, particularly for African countries.
- AirHelp’s process combined objective flight data, extensive passenger surveys, and unique insights into how airlines handle compensation claims, creating a comprehensive assessment of airline performance.
- The latest data from the International Air Transport Association (IATA) reveals that African airlines recorded the slowest growth in the global air cargo market in October 2024.
- Niger, responsible for approximately 4% of global uranium output, has long been a key supplier for Orano, a significant player in the nuclear energy sector.
- While global poverty rates have shown some improvement in recent years, the fight against multidimensional poverty remains a massive challenge. Sub-Saharan Africa alone accounts for 553 million people trapped in poverty, while South Asia is home to another 402 million.
- The South African president has cancelled passport submissions during tourist visa applications for Nigerian visitors. The new measures include granting five-year multiple-entry visas to Nigerian visitors.
- In Africa, Seychelles stands out as the only country in the "very high" human development category. On the other end of the spectrum, Somalia has the lowest HDI, not just in Africa but globally.
- Challenges like visa issues, high tuition, and cultural differences in the U.S are prompting international students to turn to Asia and other regions for international education.
- Beyond religious factors, public health considerations play a huge role in alcohol bans and restrictions. Excessive alcohol consumption is linked to numerous health and societal issues, including liver diseases, addiction, domestic violence, and road accidents.
- Four prominent artists from Africa, Tems, Rema, Arya Star, and Tyla, made Rolling Stone's 2024 Top 100 Albums of the Year, demonstrating the continent's music scene's unabated explosive growth.
- In Africa, the story of homicide is a tale of contrasts. Countries like South Africa, Nigeria, and the Central African Republic report some of the highest rates of violent deaths, driven by factors like gang warfare, political instability, and unresolved conflicts.
- 753 houses in an estate within Nigeria’s capital city, Abuja, have been seized following a legal case filed by the Economic Financial Crimes Commission (EFCC).
- The government of the United Kingdom (UK) spent £50 million on flights as part of a deportation plan that involved relocating asylum seekers to Rwanda, as per a recent report.
- The government of the United Kingdom (UK) spent £50 million on flights as part of a deportation plan that involved relocating asylum seekers to Rwanda, as per a recent report.
- The Nigerian government has intensified its efforts to secure membership in BRICS, the BRICS New Development Bank (NDB), and the G20, as part of a strategic plan to strengthen its influence on the African continent.
