According to sources, Kenya could be at the receiving end of a $1.5 billion United Arab Emirates’ (UAE) loan by next week. Kenya may receive a $1.5 billion loan from the United Arab Emirates (UAE) next week. The loan aims to stabilize Kenya’s economic situation and raise its foreign reserves. UAE is expanding its influence…
The African Development Bank (AfDB) has released the names of five candidates cleared to contest its upcoming presidential election. The African Development Bank (AfDB) has announced five candidates cleared for the upcoming presidential election The election will determine the next leader of the AfDB and takes place on May 29, 2025 The list includes candidates…
Peace is one of humanity’s deepest desires, yet in a world of war, economic hardship, and political divides, it often feels just out of reach. While people everywhere yearn for safety, stability, and the chance to build better futures, the reality is that conflict continues to shape the lives of millions. Business Insider Africa presents…
The Government of Ghana has announced a 10% increase in the National Daily Minimum Wage (NDMW), raising it to GH¢19.97, effective 1st March 2025. Ghana’s National Daily Minimum Wage (NDMW) has been increased by 10% to GH¢19.97 The increase was announced by the National Tripartite Committee (NTC) in accordance with Section 113 (1) (a) of…
France has said it would retain 80 military personnel in Côte d’Ivoire as it hands over control of a military base in the commercial capital France is revising its military strategy in Africa, focusing on enhanced partnership with local armed forces France to retain 80 military personnel in Côte d’Ivoire for training purposes France faces…
The United States has imposed fresh sanctions on a top Rwandan government official due to the country’s alleged role in the escalating crisis in the Democratic Republic of Congo (DRC). US imposes sanctions on Rwandan official James Kabarebe for alleged role in DRC crisis Rwanda accused of supporting the M23 rebel group linked to conflict…
The prosperity gap in some African countries refers to the stark differences in economic well-being among African countries, regions, and social groups. These disparities are seen in GDP per capita, access to essential services, infrastructure development, and overall quality of life. Business Insider Africa presents the top 10 African countries with the most excess prosperity…
For countries looking to expand their industries, achieve sustained economic growth, and remain globally competitive, foreign direct investment (FDI) is essential. Business Insider Africa presents the countries with the largest FDI funding in 2023. This list is courtesy of the International Monetary Fund. The United States ranks number 1 on this list. In addition to…
