Fuel price in Africa may increase in the coming days owing to a spike in the cost of Brent, the global benchmark for crude. Fuel prices in Africa may increase due to a spike in the cost of Brent, the global benchmark for crude. New sanctions on Russian oil producers by the American president, Joe…
In a remarkable move, billionaires Bill Gates and Jeff Bezos have joined forces to invest in mining ventures targeting rare metals across Africa. Bill Gates and Jeff Bezos are investing in mining ventures targeting rare metals in Africa KoBold, a US mining startup supported by Gates and Bezos, secured $537 million in funding African countries…
The strength of a military, particularly in Africa, is influenced by a variety of factors, including personnel, equipment, strategic alliances, and geopolitical positioning. Business Insider Africa presents African countries with the strongest military power in 2025 The ranking is courtesy of Global Firepower Index Top-ranked African nations in the ranking at the start of 2025…
Tensions between Ethiopia and Somalia had been mounting following reports of an agreement earlier in 2024 between Ethiopia and Somaliland. Ethiopia and Somalia has pledged to restore and strengthen bilateral relations. Tensions between Ethiopia and Somalia had been mounting following reports of an agreement earlier in 2024 between Ethiopia and Somaliland. The agreement was formalized…
The East African nation of Kenya and the Arab state of Iran attempt to deepen their ties through religious exchange programs and peace efforts. Kenya and Iran aim to deepen ties through religious exchange programs and peace efforts. 22 agreements have been signed to strengthen diplomatic ties across sectors like education, health, infrastructure, and agriculture.…
A high cost of living index can affect a country’s global perception. African countries such as South Africa and Kenya, which draw considerable tourist and expatriate communities, may risk losing their appeal if living expenses grow without a corresponding increase in quality. Business Insider Africa presents the top 10 African countries with the highest cost…
In a bid to save costs, the new president of Ghana, John Mahama, has trimmed down his government’s ministries. President John Mahama has reduced the number of government ministries in Ghana to save costs. The new administration will work with 23 ministries instead of the previous 30. This cost-cutting strategy is part of an austerity…
The African Union Commission (AUC) chairperson elections are heating up, with candidates ramping up their efforts to secure support. The AU Commission chairperson elections are scheduled for February 2025 at the 38th AU Summit Candidates from the East African bloc are contending for the AUC chairperson position The role of AUC chairperson is critical for…
Considering the overhaul of its mining industry, Mali is expected to collect 750 billion CFA francs ($1.2 billion) in the first quarter of 2025. Mali is expected to collect 750 billion CFA francs ($1.2 billion) in the first quarter of 2025 from its mining industry overhaul. The military government in Mali decided to restructure the…
