Gold reserves play a vital role in African central banks’ foreign exchange reserves, providing a safety net during economic uncertainty. Gold reserves are crucial for African central banks’ foreign exchange reserves, providing a safety net during economic uncertainty Managing and securing gold reserves poses significant challenges, including the cost of storage and security Algeria, Libya,…
While it is common for many Nigerians to pursue higher education abroad, particularly in countries like the United States, the United Kingdom, and Canada, Nigerian universities also attract international students from across Africa and beyond. Business Insider Africa presents the list of universities in Nigeria with the highest percentage of international students. The list is…
Russia recently reiterated its intention to back the Central African Republic (CAR) in strengthening its national security. Russia reaffirms support for Central African Republic’s national security. Russian military experts have trained over 900 CAR military officers and troops in a year. President Touadera of CAR visited Moscow for talks with Russian President Putin to strengthen…
Ghana’s administrators have identified an unusual but potentially profitable addition to its economic sector: the selling of cannabis. Ghana is considering the sale of cannabis to boost its economy The Chamber of Cannabis Industry CEO, Mark Darko, believes that Ghana could potentially generate up to $1 billion in revenue from cannabis The country has adopted…
A combined force of 5,000 troops from Niger, Burkina Faso, and Mali will soon be deployed to address security challenges in the central Sahel region. 5,000 troops from Niger, Burkina Faso, and Mali will be deployed to address security challenges in central Sahel region. Violence in the region driven by conflict with Islamist groups, leading…
In contrast to having a large and well-organized active military force, which inadvertently improves a country’s security and regional influence, keeping a small active military force can expose serious weaknesses, particularly for some African countries. Business Insider Africa presents the top 10 African countries with the fewest number of battle-ready soldiers in 2025. This list…
Armoured Fighting Vehicles (AFVs), encompassing tanks, infantry fighting vehicles, and armoured personnel carriers, play critical roles in military strategies. Egypt leads Africa with the largest stock of combat tanks, securing the 12th position globally. Business Insider Africa presents the top 10 African countries with the most armoured fighting vehicles in 2025. The list is courtesy…
The $910 million appeal marks the most expensive humanitarian crisis in West and Central Africa, surpassing those in Chad, Mali, Burkina Faso, and Niger, according to UN documents. United Nations to launch a $910 million appeal for humanitarian crisis in northeastern Nigeria. Nigeria’s crisis is the most expensive in West and Central Africa, surpassing other…
The cost of diesel last year fluctuated greatly throughout Africa, with certain African countries seeing costs as low as $0.031 per liter and others experiencing highs of $2 per liter. A similar pattern seems to be developing when 2025 gets underway. Business Insider Africa presents the top 10 African countries with the lowest diesel prices…
