As per the latest Nigerian Gross Domestic Product (GDP) report by the country’s National Bureau of Statistics, Nigeria experienced a 3.84% (year-on-year) growth in real terms in the fourth quarter of 2024. Business Insider Africa presents the top 10 sectors that contributed to Nigeria’s latest GDP growth. This list is courtesy of the National Bureau…
The United Nations Educational, Scientific and Cultural Organization (UNESCO) has launched a $8 million project to improve groundwater management in Tanzania and Kenya. UNESCO launches $8 million project to improve groundwater management in Tanzania and Kenya Focus on preserving 400 acres of Mount Kilimanjaro’s forest, a vital water source for over two million people Initiative…
Nigerians may soon experience another surge in petrol prices as the Nigerian National Petroleum Company (NNPC) Limited has reportedly halted its naira-for-crude deal with local refineries. NNPC has halted its naira-for-crude deal with local refineries. This move could drive up production costs and ultimately lead to an increase in petrol pump prices for Nigerians. NNPC…
Egypt’s monetary policy pays off big time, as its inflation figure for February dips by almost half. Egypt’s inflation rate for February dropped by almost half, from 24% in January to 12.8% in February. The drop in inflation is attributed to a year-long foreign currency shortfall subsiding. The inflation level is the lowest since 2022,…
Acknowledging the rift between the Economic Community of West African States (ECOWAS) and the Alliance of the Sahel States (AES) that has eaten into the fabric of the West African region, Ghana’s president, John Mahama, has voiced that the solution may lie in the hands of Ghana. Ghana’s President John Mahama aims to bridge the…
Ethiopia has begun exploring its capacity to mass produce drones as it invests in manufacturing unmanned aerial vehicles (drones) for both civilian and military applications. Ethiopia is investing in manufacturing drones for civilian and military use, with plans for export The Prime Minister inaugurated Sky Wing Industry, a company producing unmanned aerial vehicles The locally…
U.S. President Donald Trump has announced that his administration is willing to offer a path to American citizenship for displaced farmers in South Africa. Trump offers a pathway to American citizenship for displaced South African farmers Tensions have risen between Trump and South African President, Cyril Ramaphosa over land reform policies South African officials defend…
Matekane Airstrip, located in the highlands of Lesotho, is one of the world’s most breathtaking and nerve-wracking runways. For most people, air travel is a routine experience, fasten your seatbelt, listen to the safety briefing, and trust that the plane will land smoothly on a long, well-paved runway. But what if that runway ended at…
African women are making significant strides in leadership, with an increasing number emerging as heads of governments. African women are making significant strides in national leadership positions The rise of women in leadership aligns with 2025 International Women’s Day celebrations and the theme ‘Accelerate Action’ Notable female presidents include Ellen Johnson Sirleaf, Netumbo Nandi-Ndaitwah, and…
