Egypt will sell stakes in several military-owned companies through its $12 billion sovereign wealth fund. Egypt plans to sell stakes in military-owned companies through its sovereign wealth fund. The privatization drive is aimed at enhancing private sector involvement and meeting IMF conditions. The sovereign wealth fund was established in 2018 to attract foreign investment and…
With foreign powers competing for military, political, and economic dominance as well as the emergence of new political philosophies in certain African countries, the struggle for influence in Africa has never been more intense. Currently there has been a number of Russian military cooperation in Africa. Business Insider Africa presents the list of African countries…
Professor Isaac Boadi, Executive Director of the Institute for Economic Research and Public Policy (IERPP) and Dean of the Faculty of Accounting and Finance, has raised red flags over the government’s proposed tax reforms for 2025. Proposed tax reforms for 2025 could cost Ghana between GH¢5.5 billion and GH¢7.1 billion in lost revenue Abolishing the…
The United States, on Tuesday, received the 3 Americans tied to the attempted coup that was orchestrated against the current president of the Democratic Republic of Congo (DRC) Felix Tshisekedi, last year. Three Americans involved in the attempted coup against the President of the Democratic Republic of Congo have been released. The decision to release…
Cape Town, the most expensive city in Africa for real estate, is looking to streamline home development as thousands flock to the metropolitan area in search of a better life. Cape Town is the most expensive city in Africa for real estate. Influx of people is putting pressure on the residential property market valued at…
The Democratic Republic of Congo (DRC) has ended its $5 million lobbying contract with a US public relations firm, choosing instead to engage in direct dialogue with the Trump administration. The Democratic Republic of Congo ended its $5 million lobbying contract with a US PR firm It aims to engage in direct dialogue with the…
By October 2023, Starlink was active in seven countries: Nigeria, Kenya, Mozambique, Rwanda, Malawi, and Zambia. Since then, it’s expanded to at least 18 countries across Africa. Business Insider Africa presents the list of African countries where Elon Musk’s Starlink is operational in 2025. Starlink is present in at least 18 countries in Africa. Starlink…
Chinese carmaker, BYD has significantly solidified its market share in Africa with the introduction of three new vehicle models into the South African market. BYD introduces three new vehicle models into South African market Chinese vehicle brands challenging dominance of Western and Japanese companies in Africa Chinese automakers are gaining significant traction with their market…
Africa’s energy future could hinge on the use of natural gas, which provides a route to economic expansion, environmental protection, and sustainable development. Business Insider Africa presents the top 10 African countries that consume the most natural gas in 2025. This list is courtesy of Global Firepower. Egypt ranks number 1 on the list. Africa…
