Africa’s trade relationship with the U.S. is about to experience a major shift, as President Donald Trump recently unveiled a bold new tariff policy targeting more than 180 countries, including several African nations. Business Insider Africa presents the full list of Trump’s reciprocal tariffs for African countries. Trump has labeled the implementation of these tariffs as…
The Ghanaian Cedi secured the seventh position among Africa’s strongest currencies as of the end of the first quarter of 2025, according to data compiled using the Forbes currency calculator. Ghanaian Cedi ranked seventh among Africa’s strongest currencies in Q1 2025 Cedi depreciated by 5.3% on the interbank market and 3.0% against the US dollar…
The Democratic Republic of Congo (DRC) has dismissed claims that U.S. pressure played a role in the decision to commute the death sentences of three Americans involved in the failed May 2024 coup attempt. The DRC has dismissed claims of U.S. pressure in commuting death sentences of three Americans Decision to commute sentences based on…
The president of Nigeria, Bola Tinubu is set to visit Paris for the next two weeks, in what has been described as a work visit. Nigerian President Bola Tinubu to visit Paris for a two-week work visit The visit will involve reviewing his administration’s achievements and planning for the future The trip includes an appraisal…
The world’s economic power structure is expected to undergo significant transformations by 2075, with emerging markets taking centre stage. China and India projected to lead the global economy by 2075 Shift towards emerging economies from Asia and Africa, challenging the dominance of Western economies Indonesia, Nigeria, and Pakistan set to make substantial economic gains According…
U.S. President Donald Trump has approved the appointment of a new Africa advisor. President Trump has appointed Massad Boulos as Senior Advisor for Africa Boulos will embark on a diplomatic mission to the Democratic Republic of the Congo, Rwanda, Kenya, and Uganda The trip aims to promote peace in the eastern DRC and encourage U.S.…
The government of the Democratic Republic of Congo (DRC) and the Rwanda-backed M23 rebels have agreed to hold direct peace talks, sources from both parties confirmed. ‘ The DRC government and Rwanda-backed M23 rebels have agreed to direct peace talks, facilitated by Qatari mediation The talks, scheduled for April 9, are a potential breakthrough in…
As African nations strive for economic stability and development, national budgets play a crucial role in shaping policies and priorities. South Africa leads Africa’s 2025 national budgets with $141.4 billion focused on infrastructure, social services, and economic development Algeria follows closely with a budget of $126 billion, largely invested in energy and defence The 2025…
Nigeria’s president, Bola Tinubu, has made significant changes to the Nigerian National Petroleum Company Limited (NNPC) board with the appointment of Bayo Ojulari as its new CEO. Bayo Ojulari has been appointed as the new CEO of NNPC, while Ahmadu Musa-Kida is the non-executive chairman Ojulari has a distinguished career in Nigeria’s oil and gas…
