Billionaire Elon Musk has acknowledged that the cancellation of USAID’s Ebola prevention program was a mistake, calling it “accidental” and claiming efforts were underway to restore it. Elon Musk admitted that cancelling USAID’s Ebola prevention program was a mistake and claimed efforts are underway to restore it There is debate over Musk’s cost-cutting measures, with…
The latest edition of The Banker’s Top 100 African Banks for 2024 provides insights into the performance of financial institutions across the continent. Ghana’s top banks maintain strong Tier 1 capital positions despite economic challenges and currency depreciation Profitability among ranked African banks remains buoyant, with an aggregate pre-tax profit of 18.2% Absa Bank Ghana…
While importers and marketers debate the price changes, many Nigerians are taking advantage of the lower prices. Consumers have been patronizing Dangote partner stations, which offer cheaper petrol. Dangote refinery reduced the ex-depot price of petrol from N890 to N825 per litre. The price reduction is intended to ease the financial burden on Nigerians. Petrol…
The Chargé d’Affaires of the United States consulate in South Africa, Dana M. Brown, has resigned from the U.S. State Department. Dana M. Brown has resigned as the acting Chief of Mission at the U.S. consulate in South Africa The resignation comes amid escalating diplomatic tensions between the U.S. and South Africa South African President…
National carrier Kenya Airways (KQ) has suspended all flights to Mauritius due to worsening weather conditions caused by an approaching tropical cyclone. Kenya Airways has suspended all flights to Mauritius due to the approaching tropical cyclone Flights to Mauritius will remain suspended indefinitely until conditions stabilize due to safety concerns Cyclone Garance is expected to…
Nigeria’s 650,000 b/d Dangote refinery has acquired its first cargo of Algeria’s Saharan Blend crude, a premium light sweet crude, from trading firm Glencore. Dangote refinery in Nigeria acquires first cargo of Algeria’s premium Saharan Blend crude from Glencore The deal signals a shift toward emerging markets and diversification of crude supply for Dangote refinery…
Oando PLC, a Nigerian oil giant, has been announced as the preferred bidder for the ownership of the 165,000 barrel-per-day refinery in Trinidad and Tobago. Oando PLC announced as the preferred bidder for Trinidad and Tobago’s 165,000 barrel-per-day refinery Decision based on Oando’s financial track record and $1.5 billion acquisition of ConocoPhillips’ assets in Nigeria…
If you love nature, crave adventure, or simply need an escape from the hustle of daily life, Africa is the perfect getaway. This vast and diverse continent boasts some of the most stunning natural landscapes on earth, offering an unforgettable experience for every traveller. Below are the top 5 nature destinations in Africa you can…
Food inflation continues to be a significant issue for some African countries, compounding economic hardship and increasing food insecurity for millions. Business Insider Africa presents the top 10 African countries with the highest food inflation at the start of 2025. This list is courtesy of the World Bank’s Food Security Report. Sudan ranks number 1…
