Monthly Archives: April 2025

The Trump administration has reaffirmed its support for the ambitious Angola-Zambia-DRC rail corridor project in Africa. The Trump administration has reaffirmed its support for the ambitious Angola-Zambia-DRC rail corridor project The project has garnered significant support from international entities, with funding commitments exceeding $1 billion The project is seen as a crucial component of Africa’s…

MTN Group has formed a strategic partnership with UK-based video software company Synamedia to create a new streaming platform. MTN Group forms strategic partnership with Synamedia to create new streaming platform for mobile and fibre users in Africa. MTN evolving into tech-driven media player, expanding into fintech, digital services, and entertainment. MTN enters the streaming…

The combined net worth of African billionaires for the first time has crossed the $100 billion threshold, as per Forbes. The combined net worth of African billionaires has crossed $100 billion for the first time, as per Forbes. Aliko Dangote, Africa’s richest man, secured the top spot on Forbes’ list of African billionaires. The combined…

As the Alliance of the Sahel States (AES), a very young regional group consisting of Burkina Faso, Mali, and Niger, continue to seek full administrative autonomy, they are looking to Russia for key defense partnerships. The Alliance of the Sahel States (AES) comprising Burkina Faso, Mali, and Niger is seeking full administrative autonomy The AES…

Zimbabwe’s President Emmerson Mnangagwa has announced a suspension of tariffs on US imports, aiming to strengthen bilateral trade ties with the United States. Zimbabwe’s President has suspended tariffs on US imports to strengthen trade ties The move is in response to the 18% tariffs imposed on Zimbabwean exports by the US Introduction of ‘Liberation Day’…

There seems to be a contradiction in the Nigerian oil market given the considerable shift in crude prices, spurred by Donald Trump’s tariff policy. Crude prices fell to $65 per barrel due to Trump’s import tariffs and OPEC+ supply increase. Landing cost of petrol dropped to N865, but ex-depot petrol price increased to N900 per…

France and Algeria have agreed to renew cooperation across all sectors, marking a significant step toward normalizing bilateral ties after a prolonged period of diplomatic tension. France and Algeria have agreed to renew cooperation across all sectors The renewed engagement is part of a broader effort by Paris to reset its relationship with its former…

Libya’s central bank announced a 13.3% devaluation of the dinar setting, a new official exchange rate of 5.5677 to the U.S. dollar. Libya’s central bank devalued the dinar by 13.3% to 5.5677 to the U.S. dollar. The parallel market rate for the dinar is much lower at 7.20 to the dollar. A power struggle over…

The United States has announced plans to revoke all visas held by South Sudanese passport holders, citing South Sudan’s refusal to accept the return of its repatriated citizens. The U.S. plans to revoke all visas held by South Sudanese passport holders due to South Sudan’s refusal to accept repatriated citizens. South Sudan is at risk…