- Africa faces a significant infrastructure challenge that has long impeded its economic and social development. South Sudan ranks lowest in infrastructure development across the continent.
- Cities can be a marvel to behold from the sky, with their sprawling landscapes, towering skyscrapers, and intricate networks of streets and highways. This attractive ambience has been captured in a new report ranking cities across the word according to their unique urban landscape.
- As Nigeria’s economy continues to tank, more Nigerians are earning less while the rate of unemployment continues to spike. Additionally, the purchasing power of the average Nigerian has seen a sharp decline.
- The surge in smartphone purchase has led to an increase in the volume of data used globally. However, the cost of mobile data varies greatly across regions, with substantial disparities in the price of 1 Gigabyte (GB) of data.
- The ongoing presidential election in Botswana could give rise to a new head of state, and by extension, bring to an end, the 6 decade long dominance of the Botswana Democratic Party (BDP). The final results of the election is expected later today.
- Sale of Premium Motor Spirits (PMS), popularly known as petrol, from the Dangote refinery continues to be a bone of contention as marketers demand transparency on pricing from the refinery.
- Mauritius’s communications regulator has directed all internet service providers to block access to social media platforms until November 11, a day after the upcoming general election.
- The East African country of Ethiopia has committed to building the largest airport in Africa before the year 2030. According to the nation's prime minister, Abiy Ahmed, construction has already begun.
- Road quality can be an indicator of a country's economic development and quality of infrastructure. However, it's not a definitive measure of the overall economy.
- Road quality can be an indicator of a country's economic development and quality of infrastructure. However, it's not a definitive measure of the overall economy.
- While some African countries have boosted defense spending in response to perceived threats, others have deprioritized security financing due to regional peace, revealing a stark contrast in security approaches across the continent.
- A low Consumer Price Index (CPI) provides several benefits to African countries, including economic stability and improved general quality of life. When the CPI is low, the purchasing power of money is largely stable, encouraging individuals to save rather than hurry to spend on things whose costs…
- Google has announced plans to support and accelerate AI talent development across Nigeria with over $1.5 million (N2.8billion) in funding, the American tech giant announced today.
- The United Arab Emirates has maintained its top form as a significant partner in Uganda’s export market. The Middle East nation has relegated East African countries as it becomes Uganda's main source of export earnings.
- Ethiopia has raised its revenue goals as part of its agreement with the International Monetary Fund, which includes specific conditions to reform the region's largest economy.
- Academic development in African countries is simply more than a means to economic success; it is a vehicle for empowering individuals, improving health, stimulating creativity, and ensuring political stability.
- Governance across Africa's 54 states varies greatly, with some governments demonstrating excellent leadership while others struggle with administrative responsibilities.
- 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
- Rusagro Holding, a Russian agricultural firm, is in talks with East African countries to supply grain, potentially starting a new trade partnership and boosting regional food security.
- The17 Sustainable Development Goals (SDGs) of the United Nations are intended to solve a wide variety of socio-economic and environmental issues by 2030, including within Africa. However, the level of progress varies, depending on which African country you find yourself.
- Helicopters have become key players in modern militaries, offering flexibility for combat, surveillance, transport, and humanitarian missions. In Africa, Egypt has the biggest military helicopter fleet with 338 choppers, ranking it 11th in the world.
- Pollution is frequently addressed in terms of health and environmental concerns, but its economic toll in several African countries poses a significant conversation. As Africa urbanizes rapidly, pollution-related costs also rise, straining public health systems, reducing productivity, and limiting…
- Africa's labour market has lagged behind in terms of productivity compared to other regions, and this disparity can be attributed to various factors. These include the continent's economic structure, limited technological advancement among others.
- Africa's labour market has lagged behind in terms of productivity compared to other regions, and this disparity can be attributed to various factors. These include the continent's economic structure, limited technological advancement among others.
- Malawi's Energy Regulatory Authority has blamed black market operators for escalating the country's ongoing fuel shortage, accusing them of exacerbating the crisis through illegal activities.
- The Schengen visa has become a popular travel option, perceived as a pathway to greener pastures and a brighter future as many citizens, especially in Africa seek to leave the continent.
- In many African countries rising Consumer price Index (CPI) has had a direct influence on living costs, raising the cost of basic needs such as food, transportation, and housing. As a result, residents, already financially vulnerable, find it increasingly difficult to afford the basic necessities.
- Internet usage in Africa’s most populous nation, Nigeria, has declined for the first time in months. This is also following the recent drop in mobile subscription during the year.
- The new oil refinery in Cabinda, Angola will now be commencing production by April, as it completes its first phase. According the project owners, the refinery will be commissioned in January-February, with its first supplies of fuels reaching the local market in March-April 2025.
- South Africa’s antitrust tribunal has blocked Vodacom Group Ltd.’s 13.2 billion-rand ($745 million) acquisition of a stake in Remgro Ltd.’s fiber businesses.
- African countries have seen a rise in coup plots and political instability, leading to unrest, human rights violations, and uncertain transitions. Motivations vary, including security concerns, counter-terrorism, and claims of protecting democracy.
- The United Nations' 17 Sustainable Development Goals (SDGs) aim to address a wide range of environmental and socioeconomic problems by 2030. Developed in 2015, the Sustainable Development Goals (SDGs) are a framework for building a more sustainable and equitable society.
- Tanzania, according to Russia, seems to have a geographic advantage it can tap into. Russia mentioned Tanzania’s location on the East African coast, which is vital for accessing the neighboring land locked markets.
- Urbanization in Africa has accelerated in recent years, resulting in considerable expansion in many African cities. As populations grows, there is a greater need for affordable housing. However, the affordability of housing loans could deter this development.
- The United states has said it will be imposing visa restrictions on individuals that pose a threat to Ghana's democracy. The statement comes amid Ghana's preparations for the coming presidential elections in December 2024.
- To ensure the continuous economic growth of African countries, there is a need to boost trade, finance, and positive migration within the continent. To achieve this, attracting investments by world powers such as China has been crucial to Africa's infrastructural development.
- Despite the challenges posed by the ongoing funding winter, Kenya has maintained a strong position relative to its peers in the African startup ecosystem.
- Moniepoint Inc has successfully raised US$110 million in equity financing, to power the dreams of millions of businesses and their customers across Africa and the diaspora.
