- Africa’s smartphone market continued its upward trajectory in the first quarter of 2025, registering 6% year-on-year growth with 19.4 million units shipped, according to the latest Canalys data. But while the continent as a whole saw its eighth straight quarter of growth, the results varied sharply…
- NATO is more than just a military alliance; it provides an important framework for international cooperation, strategic coordination, and collective defense. While unity is its guiding concept, the balance of power within NATO is unequal.
- In 2025, Nigerian banks are not just leading in finance, they’re dominating the branding space too. For the fourth year in a row, Access Bank holds on tight to the crown as Nigeria’s most valuable brand,
- Kenya's job market offers a complicated mix of developments and persistent challenges. As the country’s economy goes through a recovery phase, structural problems affect workforce stability and employment opportunities.
- Nigeria is set to launch two major lithium processing factories this year marking a shift from raw mineral exports towards adding value domestically.
- Uganda has immediately terminated all military and defense cooperation with Germany, sparking concerns about potential diplomatic repercussions between the East African country and one of Europe's key powers.
- Many of the world’s fastest-growing cities in 2024 were right here in Africa. Though their share of the global economy remains relatively modest for now, the momentum is rising.
- Forty-seven Nigerian medical students who were evacuated from Sudan amid the country's civil conflict in 2023 are reportedly uncertain about their professional futures, as they struggle to meet the documentation requirements for licensing exams in Nigeria.
- Africa's technological landscape is undergoing a remarkable transformation, with several cities emerging as dynamic hubs of innovation, entrepreneurship, and digital advancement.
- The Democratic Republic of Congo (DRC) is aiming to finalize a major minerals agreement with the United States by the end of June, according to senior Congolese officials.
- The European Union (EU) announced an investigation into the prevalence of counterfeit goods entering West Africa and beyond, with findings identifying Nigerian seaports as a major conduit for this illicit trade that infiltrates international markets.
- Chad has reached a staff-level agreement with the International Monetary Fund (IMF) as it seeks to secure a four-year Extended Credit Facility (ECF) program valued at approximately $630 million.
- As of early 2025, inflation across Africa is finally slowing down after a turbulent economic period marked by currency depreciation, food price shocks, and monetary tightening.
- In 2025, some African countries are showing major strides in improving their fiscal balance. After years of debt build-up and wide deficits, these improvements suggest tighter government spending, better revenue collection, and in some cases, support from rising commodity prices.
- Three African cities have emerged as some of the fastest-growing tech hubs in the world, according to the 2025 Global Tech Ecosystem Index by Dealroom.co, indicating Africa’s expanding footprint in the global tech scene.
- White South African residents of Noordhoek, Western Cape, including Afrikaners, have strongly rejected U.S. President Donald Trump's recent claims of a "white genocide" in South Africa.
- Niger's government has initiated steps to reduce the number of Chinese nationals working in its oil sector, signalling a shift towards greater local control over its natural resources.
- Aliko Dangote, Africa's richest man, has announced a major agricultural investment in northern Nigeria, in partnership with the state government, to boost rice production and enhance food security.
- In the first quarter of 2025, several African countries are still recording some of the highest bank interest rates in the world. These rates are often set by central banks to fight inflation, support their national currencies, and manage rising government debts.
- The Nigerian National Petroleum Company Limited (NNPC Ltd), in its caretaker capacity, has announced the immediate shutdown of operations at the Port Harcourt Refining Company (PHRC) due to a scheduled maintenance exercise commencing today, May 24, 2025.
- A recent move by the U.S. government to block international students from enrolling in Harvard University’s new online program has drawn strong backlash from African alumni, especially Kenyans, who call the decision “xenophobic,” “myopic,” and a threat to global academic collaboration.
- The European Union is reinforcing its commitment to Africa’s economic development with a €40 million investment aimed at modernizing the Douala N’Djamena trade corridor.
- African applicants lost nearly €60 million ($67.5 million) in non-refundable Schengen visa fees in 2024, according to data from LAGO Collective, a London-based research group tracking global mobility.
- African applicants lost nearly €60 million ($67.5 million) in non-refundable Schengen visa fees in 2024, according to data from the LAGO Collective, a London-based research group tracking global mobility.
- The world’s second biggest airport retail operator, Lagardère Travel Retail (LTR), is expanding its footprint in Africa by entering its seventh country on the continent.
- Ghana could generate up to $12 billion annually from small-scale gold production if output doubles as planned, according to Sammy Gyamfi, CEO of the Ghana Gold Board.
- South Africa is preparing to ease local ownership requirements for Starlink and other foreign satellite service providers, following high-level diplomatic engagements with the United States.
- In 2024, African countries faced significant hurdles in obtaining Schengen visas, with several nations recording some of the highest rejection rates globally.
- As Moscow deepens its economic footprint across Africa, Russian Railways is setting its sights on four key countries poised to become hubs in a new era of transcontinental connectivity.
- The United States has announced sanctions against Sudan following the determination that the Sudanese military used chemical weapons during the country's ongoing civil war.
- Aliko Dangote, Africa's richest man, has revealed that the Federal Government of Nigeria earns as much as 52 kobo from every N1 generated by his cement company.
- The United Kingdom has finally decided to relinquish its hold on its last standing African colony, the Chagos Islands, situated in the island nation of Mauritius.
- Brazil’s central bank has expressed doubt about the likelihood of BRICS nations displacing the U.S. dollar as the dominant global currency within the next decade.
- The Dangote Petroleum Refinery and Petrochemicals announced a partnership with Vinmar Group, a global petrochemicals distributor, to introduce Dangote polypropylene to international markets.
- Russia has intensified its engagement in the Sahel by delivering humanitarian aid to Burkina Faso and preparing a significant wheat shipment to Niger.
- The Nigerian government has praised billionaire industrialist Aliko Dangote for prioritising national development over potential windfalls from global tech investments, in a tribute that stresses the importance of the $19 billion Dangote Refinery.
- Significant progress has been made in recent weeks between the International Monetary Fund and West African nations, specifically Nigeria and Ghana. These African countries have moved the needle concerning their debts to the International Monetary Fund (IMF).
- During the recent Joint Ministerial Committee meetings between Sudan and Russia, at the Kazan Economic Forum, two comprehensive geological atlases and technical papers were officially handed over to Sudan's Minerals Ministry.
- The presidents of South Africa and the United States, Cyril Ramaphosa and Donald Trump, on Wednesday, held a meeting at the Oval Office to lay down a path to reconciliation.
- South African President Cyril Ramaphosa has extended a fresh diplomatic overture to U.S. President Donald Trump amid renewed tensions, following a confrontational media exchange at the White House that caught Ramaphosa off guard.
- A few African countries, currently, are benefiting from relatively low diesel prices, an increasingly unusual occurrence on a continent where fuel costs have skyrocketed owing to several external and internal economic factors.
- Africa’s startup ecosystem has experienced a profound transformation in recent years, propelled by innovation, increased investment, and the rapid expansion of the digital economy.
- Several African countries have resorted to borrowing in order to satisfy their financial obligations as they work toward ambitious development objectives. This could lead to an unsustainable general government debt if handled poorly, however some African countries have handled their debt load…
- Social media users in Tanzania may have faced restricted access to the X platform (formerly known as Twitter) following the administration’s decision to shut down the service.
- Philanthropy is becoming an increasingly powerful force in Africa, with African billionaires taking the lead in addressing critical developmental challenges.
- Recent reports indicate that a U.S court has ruled in favor of the deportation of 12 South Asian migrants to South Sudan. As a result, US immigration officers have begun enforcing the order.
- Nigerian fuel traders say they are having trouble getting gasoline from the state-owned Port Harcourt and Warri refineries, although these plants were declared ready six months ago.
- The Dangote Petroleum Refinery has announced that its naira-for-crude oil agreement with the Nigerian government has enabled it to lower petrol prices, ultimately reducing costs at fuel stations for Nigerian consumers.
