The Federal Government’s plans to restructure Value Added Tax (VAT) revenue-sharing in Nigeria have sparked both support and criticism. Plans to restructure VAT revenue-sharing in Nigeria has sparked both support and criticism The reform seeks to equitably distribute revenues and offer tax exemptions for small businesses and individuals Analysis shows significant disparities in the redistribution…
Gabon’s Council of Ministers announced on Wednesday that the country will hold presidential elections on April 12, 2025. There are concerns about the fairness of the election process, as an exception has been made for interim President General Brice Oligui Nguema to run for president. Gabon will hold presidential elections on April 12, 2025, ending…
Africa’s locally-made vehicle manufacturing industry is progressing, fueled by urbanization, a growing middle class, supportive policies, and expanded trade. Nigeria ventured into manufacturing military-grade vehicles through its Defense Industries Corporation (DICON) Nigeria has showcased military-grade vehicles to support the federal government’s efforts against insecurity Some indigenous companies – Imperium Industries, Proforce, Epail, and Innoson are…
In Africa, Egypt leads with 100 attack helicopters, ranking 7th globally. Following Egypt, Algeria comes in with 74 helicopters, placing it 9th globally. Business Insider Africa presents the top 5 African countries with the largest attack helicopters fleet in 2025. In Africa, Egypt leads the pack with 100 attack helicopters, ranking 7th globally. The list…
Nigerian-American billionaire Adebayo Ogunlesi recently experienced a significant spike in his net worth a few days after becoming a part of the Open AI team. Adebayo Ogunlesi’s net worth spiked from $1.7 billion to $2.3 billion after joining Open AI. His significant increase in wealth is attributed to his investment portfolio worth over $1.8 billion.…
Sensitive content that made its way online has resulted in a social media ban, in South Sudan, following a series of violent incidents. Social media ban imposed in South Sudan following release of sensitive content. Videos showing purported murders led to rioting and violent incidents. Mobile providers instructed to block access to Facebook, TikTok, and…
Skin bleaching has a long history in Africa, dating back to the transatlantic slave trade and European colonization. Skin bleaching has a long history in Africa, tied to transatlantic slave trade and European colonization Despite bans, skin bleaching remains a public health issue in Africa Skin bleaching prevalence in Africa ranges from 25% in Mali…
The Alliance of the Sahel States’ (AES) proposal to adopt biometric passports for member nations including Mali, Burkina Faso, and Niger may go into effect by the end of the month. The Sahel States’ Alliance plans to adopt biometric passports for member nations including Mali, Burkina Faso, and Niger by January 29, 2025. The introduction…
The mobile money industry has transformed financial services in Africa, granting millions access to financial inclusion and bridging the gap for the unbanked population. The mobile money industry has transformed financial services in Africa Sub-Saharan Africa accounted for a significant portion of global mobile money transactions, with USD 912 billion Four African countries emerged at…
