Ghana’s economy is projected to maintain its growth momentum into 2025, with Gross Domestic Product (GDP) forecast to expand by 5.4% year-on-year, according to Jibran Qureishi, Head of Africa Research at Standard Bank Group. Ghana’s GDP projected to grow by 5.4% in 2025 Mining sector, especially gold production, driving economic resurgence Challenges persist in non-mining…
Dangote Refinery may withhold petrol supply to the Nigerian market due to unresolved issues surrounding the naira-for-crude oil exchange deal. Dangote Refinery may withhold petrol supply to the Nigerian market due to unresolved issues The unresolved naira-for-crude arrangement has created uncertainties regarding crude supply Negotiations are ongoing for a new deal with Dangote Refinery after…
According to the latest data from the Global Anti-Scam Alliance (2023–2024), the United States tops the global list of countries losing the most money per victim to scams, with an average loss of $3,500 per person. Denmark follows with $3,100, while Switzerland, Sweden, and South Korea each report average losses between $2,700–$3,000. Here’s a breakdown…
The president of the oil-producing nation of Nigeria, Bola Tinubu, recently declared a state of emergency in the country’s primary oil-producing region, Rivers State, led by Governor Sim Fubara. President of Nigeria, Bola Tinubu, declared state of emergency in Rivers State due to political crises and oil pipeline explosion. The state governor, Sim Fubara, and…
Tanzania’s economy might be booming, but its currency is taking a hit, and it may take some time before the local currency benefits. Tanzania’s economy is growing, but its currency has dropped 8.9% this year, making it the worst-performing currency in the world. The decline is driven by rising imports and increasing public debt linked…
Thousands of African locals have shared their insights on the best cities for food, ranking them based on quality, affordability, and a range of attributes, from family-friendliness to innovation. Business Insider Africa presents the African cities ranked among the 20 best food cities globally in 2025. The list is courtesy of Time Out. Cape Town…
Nigeria’s Trans Niger Pipeline (TNP), a key crude oil transportation route to the Bonny export terminal, has been shut down following an explosion that triggered a fire. Trans Niger Pipeline (TNP) shut down after explosion and fire. Pipeline sabotage and crude oil theft continue to be major issues in Nigeria’s oil industry, causing major international…
The Economic Community of West African States (ECOWAS) has sounded the alarm over the growing food crisis across West Africa and the Sahel, warning that without immediate intervention, millions could face acute hunger. ECOWAS warns of a growing food crisis in West Africa and the Sahel Nearly 34.7 million people are in immediate need of…
The Federal High Court in Abuja has dismissed NNPCL’s attempt to block Dangote Petroleum Refinery’s N100 billion import license lawsuit, ruling that the case can proceed. NNPCL’s attempt to block Dangote Refinery’s import license lawsuit was dismissed by the Federal High Court in Abuja. The court ruled that the case can proceed and criticized NNPCL…
