While some African countries have chipped away at their debts others have piled onto them, as they’ve reached out to financiers like the International Monetary Fund (IMF) for financial aid. Business Insider Africa presents the top 10 African countries with the highest debt to the IMF in February 2025. This list is courtesy of data…
In an era where smartphones have become an integral part of daily life, mobile internet usage continues to surge globally with the increase in web traffic. Business Insider Africa presents countries with the highest percentage of web traffic from mobile phones The ranking is courtesy of StatiSense The Philippines leads with 87.64% of web traffic…
German automaker, Volkswagen has announced plans to set up an e-tractor manufacturing plant in Nigeria. Volkswagen plans to set up an e-tractor manufacturing plant in Nigeria The introduction of e-tractors in Nigeria aims to enhance agricultural mechanization Volkswagen’s return to Nigeria signals growing confidence in the country’s economy Volkswagen’s introduction of e-tractors in Nigeria is…
Speed regulations vary across African nations but generally fall within common ranges based on road types: urban areas (40–60 km/h), rural roads (60–100 km/h), and highways (80–120 km/h). Business Insider Africa presents the top 5 African countries with the highest speed limits. The list is courtesy of World of Statistics. Despite having speed regulations in…
Reports indicate that several members of the police force in Congo have switched sides, joining the M23 rebel group that invaded parts of the country weeks ago. Police officers in Congo have joined the M23 rebel group. M23 rebels captured the city of Bukavu in eastern Congo. The international community and the United Nations have…
The Rwandan government has responded to summons by the EU following its stance on the escalating violence in the DRC. Rwandan government responds to EU summons over alleged involvement in DRC crisis The international community, including the EU, United States, and African Union, has called for Rwanda to de-escalate military operations in the DRC Rwanda…
Africa has long been a focal point of global military interest, with various foreign powers establishing military bases across the continent. Business Insider Africa presents the top 5 African countries with the most U.S. military bases. The list is courtesy of World of Statistics. Beyond security, military bases often serve as a gateway for foreign…
Purchasing power is an important economic indicator that affects the affordability of products and services in a community, including within African cities, compared to income levels. Business Insider Africa presents the top 5 African cities with the highest purchasing power in 2025. This list is courtesy of Numbeo. Pretoria, South Africa, ranks number 1 on…
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…
