Athletes of African descent continue to make huge strides internationally, earning enormous paychecks and solidifying their places among sport’s most influential people. Business Insider Africa presents the highest-paid athletes of African descent in 2024. This list is courtesy of Forbes. Giannis ranks number 1 on this list. The influence of these players extends beyond their…
Across Africa, pursuing lawful governance is a testament to resilience, with some countries holding the rule of law in high esteem, even in the face of unique challenges. Rwanda, ranked first in Africa with an overall score of 0.63, sets a strong example in governance and justice. Business Insider Africa presents the top 10 most…
The year 2025 could pose greater financial challenges for Nigerians as the NCC approves a tariff increase for mobile network operators. The NCC has approved a 40% tariff increase for mobile network operators in Nigeria starting January 2025 Over the years, Telecom operators have pushed for tariff hikes The tariff hike aims to address rising…
Africa has long been a significant contributor to global football, consistently producing a wealth of exceptional footballers. African football players have been making significant contributions to global football Mohamed Salah and Sadio Mané are among the top 10 highest-paid footballers globally, representing Africa Notable African stars like Riyad Mahrez and Kalidou Koulibaly are also earning…
Nigeria tops the list of African countries with the highest Christmas spending, with households averaging $309 on celebrations, including meals, gifts, and decorations. Business Insider Africa presents the 5 African countries with the highest Christmas spending in 2024. The list is courtesy of WorldRemit. Nigeria tops the list of African countries with the highest Christmas…
Tanzania has scrapped all charges on card payments to encourage a shift towards digital transactions. Tanzania has removed charges on card payments to promote digital transactions The initiative aims to drive the country towards a cash-lite economy Digital payments are increasingly popular in Tanzania, with 48.4% of the population utilizing digital platforms The country’s central…
By May 2025, the tenure of African Development Bank (AfDB) President Prof. Akinwumi Adesina will come to an end, and a new President will be elected. The tenure of AfDB President, Prof. Akinwumi Adesina will end in May 2025 Several candidates have expressed interest in succeeding Adesina Candidates from South Africa, Algeria, Senegal, Zambia, and…
The West African nation aims to raise as much as 121.3 billion CFA francs ($192.3 million) by offering up to 23.1 million shares. Benin plans to sell up to 40% of its stake in Banque Internationale pour l’Industrie et le Commerce (BIIC) through an IPO. The IPO aims to raise as much as 121.3 billion…
The high cost of petrol in oil producing countries result from a mix of market forces, policies, and economic factors. High cost of PMS in oil-producing countries is influenced by market forces, policies, and economic factors Richer countries generally have higher petrol prices, while poorer and oil-producing countries have lower prices Libya had the lowest…
