Given Africa’s enormous geopolitical size and varied geography, a small helicopter fleet can provide serious difficulties for some African countries. Business Insider Africa presents the top 10 African countries with the fewest helicopters in 2025. This list is courtesy of Global Fire Power. Somalia ranks number 1 on the list. A nation’s defense, humanitarian endeavors,…
The Nigerian government has announced the deportation of 828 illegal immigrants from the country in 2024. The Nigerian government deported 828 illegal immigrants in 2024 for various immigration infractions Terrorists from neighboring Niger Republic have exacerbated humanitarian crises around the northern Nigerian states Previous deportations included illegal migrants from Niger, India, and the Democratic People’s…
The price of groceries in several African countries has emerged as a key indicator of household stability. Business Insider Africa presents the top 10 African countries with the most affordable groceries at the start of 2025. This list is courtesy of Numbeo. Egypt ranks number 1 on the list. Cheap groceries are more than just…
African countries with minimal IMF debt demonstrate the benefits of careful financial management and diverse economic strategies. Business Insider Africa presents the top 10 African countries with the lowest debt to the IMF at the start of 2025. This list is courtesy of data from the International Monetary Fund. () ranks number 1 on the…
The Global Talent Competitiveness Index (GTCI) ranks Mauritius as the top African nation in vocational and technical skills, achieving a 54.09% rating. Egypt follows in second place with 52.35%, while Mauritania takes third with 40.2%. Business Insider Africa presents the top 10 African countries with the best vocational and technical skills. The list is courtesy…
The effort to rid Africa of terrorist groups is gaining momentum as INTERPOL continues to dismantle cells across the continent. INTERPOL is making progress in dismantling terrorist cells in Africa 37 members linked to major terrorist organizations were arrested in a large-scale raid across eight East African countries The operation aimed to reinforce border security…
Libya, despite enduring political instability, holds the largest oil reserves in Africa, with 48.36 billion barrels, ranking 9th globally according to Global Firepower. Known for its high-quality, low-sulfur crude, Libya’s oil is in high demand on international markets. Business Insider presents the top 10 African countries with the largest proven oil reserves in 2025 The…
Kenyan President William Ruto, a strong advocate for African Union (AU) institutional reforms, stated yesterday that ongoing conflicts are causing Africa to lose $18 billion annually. The ongoing conflicts in Africa are causing the continent to lose $18 billion annually. There were 1,000 terrorism incidents between April and June 2024, resulting in 4,818 deaths across…
Troops from the Democratic Republic of Congo (DRC) and Rwanda have reportedly exchanged fire along their shared border in the eastern city of Goma. This escalation has deepened an already dire humanitarian crisis in a region scarred by two devastating wars between 1996 and 2003. Troops from DRC and Rwanda have reportedly exchanged fire along…
For the second month in a row, Ghana has decided to retain its interest rate, as it attempts to mitigate inflationary pressures. Ghana maintains interest rate at 27% for second consecutive month. Inflation profile remains high due to elevated food prices caused by adverse weather and supply-chain weaknesses. New administration’s tightening of fiscal policy expected…
Liquefied Petroleum Gas (LPG), sometimes known as cooking gas, is essential to the lives of millions of people across the globe. Business Insider Africa presents the top 10 countries with the lowest cooking gas prices at the start of 2025. This list is courtesy of GlobalPetrolPrices. Algeria ranks number 1 on the list. This fuel’s…
Trump’s directive to deport millions of illegal immigrants, including those with removal orders, is expected to affect many African immigrants without legal status. ICE raids under Trump’s leadership has resulted in a significant number of arrests Over 41,000 African citizens have been placed on ICE’s Final Orders of Removal list Somalia, Mauritania, and Nigeria had…
President Donald Trump’s return to the political stage has reignited fears of mass deportations among immigrants in the United States. Business Insider Africa presents African countries that topped US immigration deportation list in 2024 The list is courtesy of The US ICE Annual Report 2024 African countries like Senegal, Mauritania, and Nigeria topped the list…
Oil marketers have announced that the landing cost of Premium Motor Spirit (petrol) stood at ₦922.65 per litre as of Friday. Landing cost of petrol in Nigeria has decreased to ₦922.65 per litre. Dangote Refinery faces challenges in matching the affordability of imported alternatives. Global crude oil prices are driving the recent increase in the…
Niger has leveled new charges against France, accusing the European country of deploying the trojan horse technique to destabilize the country. Niger accuses France of using Trojan horse technique to destabilize the country. France’s relationship with Niger worsened after a coup and attacks on the French embassy. France in the last 2 years has closed…
Ghana in 2024, hit a record-high trade surplus amounting to $5 billion, as a result of its gold trade. Ghana achieved a record-high trade surplus of $5 billion in 2024 due to its gold trade. Gold shipments from Ghana rose by more than 50% to $11.6 billion in 2024. The positive trade balance could help…
The African Development Bank (AfDB) has launched initiatives to alleviate the challenges faced by certain African countries grappling with the persistent crisis of hazardous chemicals. The AfDB has launched initiatives to address hazardous waste challenges in African countries The AfDB approved a $21.3 million initiative targeting hazardous chemicals in 11 Least Developed Countries (LDCs) in…
Cuba’s long-time African friend Namibia, has expressed concern over one of Donald Trump’s America-first-driven policies. Trump reverses decision to take Cuba off the list of states that promote terrorism and reintroduces Cuba Restricted List. SWAPO party of Namibia calls the action illegal and unjustifiable. Namibia reaffirms its unwavering support for Cuba and opposes the economic…
Nigerian universities continue to make important contributions to education, but there is still a lot of potential for growth and improvement on the international stage. Business Insider Africa presents top 10 best universities in Nigeria in 2025. The list is courtesy of Times Higher Education 2025. Nigerian universities continue to make important contributions to education, but…
Choosing a car brand involves making informed decisions amidst a multitude of technologies and design options presented by manufacturers. Business Insider Africa presents the 10 most valuable car brands in 2025 The ranking is courtesy Brand Finance Global 500 Report Toyota Motor Corporation leads with a valuation of $64.7 billion, followed by Mercedes-Benz and Hyundai…
Each year, the U.S. sends billions of dollars in foreign aid to promote global stability, national security, and economic interests. A big chunk of that money goes to Africa, funding programs that tackle health issues, food shortages, energy access, and economic growth. The U.S. State Department issued a ‘stop-work’ order on foreign assistance, halting existing…
Kenya’s escalating political tension has had a detrimental impact on its economy, prompting investors to withdraw their funds to mitigate potential losses. Escalating political tension in Kenya has caused foreign investors to withdraw a substantial amount of funds The stability of the Kenyan shilling failed to reassure investors, leading to a dramatic increase in capital…
Lakurawa is a new militant group which carries out attacks, targeting local communities in north-western Nigeria and across the border with Niger. A federal court in Nigeria has designated Lakurawa group as a terrorist organization. The military has been granted authority to deploy maximum force against the group in the northwest. Lakurawa carries out attacks…
In November 2024, Uganda disclosed that it was trying to ink a nuclear deal with Russia, given Russia’s nuclear expansion in Africa, in the last few years. Uganda is in talks with Russia to build a nuclear power plant. A memorandum of understanding for nuclear energy was signed between Uganda and Russian state enterprise Rosatom…
The Federal Government’s plans to restructure Value Added Tax (VAT) revenue-sharing in Nigeria have sparked both support and criticism. Plans to restructure VAT revenue-sharing in Nigeria has sparked both support and criticism The reform seeks to equitably distribute revenues and offer tax exemptions for small businesses and individuals Analysis shows significant disparities in the redistribution…
Gabon’s Council of Ministers announced on Wednesday that the country will hold presidential elections on April 12, 2025. There are concerns about the fairness of the election process, as an exception has been made for interim President General Brice Oligui Nguema to run for president. Gabon will hold presidential elections on April 12, 2025, ending…
Africa’s locally-made vehicle manufacturing industry is progressing, fueled by urbanization, a growing middle class, supportive policies, and expanded trade. Nigeria ventured into manufacturing military-grade vehicles through its Defense Industries Corporation (DICON) Nigeria has showcased military-grade vehicles to support the federal government’s efforts against insecurity Some indigenous companies – Imperium Industries, Proforce, Epail, and Innoson are…
In Africa, Egypt leads with 100 attack helicopters, ranking 7th globally. Following Egypt, Algeria comes in with 74 helicopters, placing it 9th globally. Business Insider Africa presents the top 5 African countries with the largest attack helicopters fleet in 2025. In Africa, Egypt leads the pack with 100 attack helicopters, ranking 7th globally. The list…
Nigerian-American billionaire Adebayo Ogunlesi recently experienced a significant spike in his net worth a few days after becoming a part of the Open AI team. Adebayo Ogunlesi’s net worth spiked from $1.7 billion to $2.3 billion after joining Open AI. His significant increase in wealth is attributed to his investment portfolio worth over $1.8 billion.…
Sensitive content that made its way online has resulted in a social media ban, in South Sudan, following a series of violent incidents. Social media ban imposed in South Sudan following release of sensitive content. Videos showing purported murders led to rioting and violent incidents. Mobile providers instructed to block access to Facebook, TikTok, and…
Skin bleaching has a long history in Africa, dating back to the transatlantic slave trade and European colonization. Skin bleaching has a long history in Africa, tied to transatlantic slave trade and European colonization Despite bans, skin bleaching remains a public health issue in Africa Skin bleaching prevalence in Africa ranges from 25% in Mali…
The Alliance of the Sahel States’ (AES) proposal to adopt biometric passports for member nations including Mali, Burkina Faso, and Niger may go into effect by the end of the month. The Sahel States’ Alliance plans to adopt biometric passports for member nations including Mali, Burkina Faso, and Niger by January 29, 2025. The introduction…
The mobile money industry has transformed financial services in Africa, granting millions access to financial inclusion and bridging the gap for the unbanked population. The mobile money industry has transformed financial services in Africa Sub-Saharan Africa accounted for a significant portion of global mobile money transactions, with USD 912 billion Four African countries emerged at…
Gold reserves play a vital role in African central banks’ foreign exchange reserves, providing a safety net during economic uncertainty. Gold reserves are crucial for African central banks’ foreign exchange reserves, providing a safety net during economic uncertainty Managing and securing gold reserves poses significant challenges, including the cost of storage and security Algeria, Libya,…
While it is common for many Nigerians to pursue higher education abroad, particularly in countries like the United States, the United Kingdom, and Canada, Nigerian universities also attract international students from across Africa and beyond. Business Insider Africa presents the list of universities in Nigeria with the highest percentage of international students. The list is…
Russia recently reiterated its intention to back the Central African Republic (CAR) in strengthening its national security. Russia reaffirms support for Central African Republic’s national security. Russian military experts have trained over 900 CAR military officers and troops in a year. President Touadera of CAR visited Moscow for talks with Russian President Putin to strengthen…
Ghana’s administrators have identified an unusual but potentially profitable addition to its economic sector: the selling of cannabis. Ghana is considering the sale of cannabis to boost its economy The Chamber of Cannabis Industry CEO, Mark Darko, believes that Ghana could potentially generate up to $1 billion in revenue from cannabis The country has adopted…
A combined force of 5,000 troops from Niger, Burkina Faso, and Mali will soon be deployed to address security challenges in the central Sahel region. 5,000 troops from Niger, Burkina Faso, and Mali will be deployed to address security challenges in central Sahel region. Violence in the region driven by conflict with Islamist groups, leading…
In contrast to having a large and well-organized active military force, which inadvertently improves a country’s security and regional influence, keeping a small active military force can expose serious weaknesses, particularly for some African countries. Business Insider Africa presents the top 10 African countries with the fewest number of battle-ready soldiers in 2025. This list…
Armoured Fighting Vehicles (AFVs), encompassing tanks, infantry fighting vehicles, and armoured personnel carriers, play critical roles in military strategies. Egypt leads Africa with the largest stock of combat tanks, securing the 12th position globally. Business Insider Africa presents the top 10 African countries with the most armoured fighting vehicles in 2025. The list is courtesy…
The $910 million appeal marks the most expensive humanitarian crisis in West and Central Africa, surpassing those in Chad, Mali, Burkina Faso, and Niger, according to UN documents. United Nations to launch a $910 million appeal for humanitarian crisis in northeastern Nigeria. Nigeria’s crisis is the most expensive in West and Central Africa, surpassing other…
The cost of diesel last year fluctuated greatly throughout Africa, with certain African countries seeing costs as low as $0.031 per liter and others experiencing highs of $2 per liter. A similar pattern seems to be developing when 2025 gets underway. Business Insider Africa presents the top 10 African countries with the lowest diesel prices…
The Nigerian government is expanding its refinery network with the recent approval for the establishment of a 10,000-barrel refinery in Delta State. Nigerian government approves the establishment of a 10,000-barrel refinery in Delta State Approval given to MRO Energy Limited for the construction of the refinery in Delta State Nigeria aims to increase domestic refining…
The Kenyan government has announced plans to open its borders to African travelers with a visa-free policy as part of its efforts to enhance openness and integration.. Kenya plans to open its borders to African travelers to enhance integration within the continent Currently, only five African nations offer visa-free travel to citizens of other African…
Within Africa, the University of Cape Town (South Africa) emerges as the top-ranked institution, solidifying its reputation as a leader in higher education on the continent. Business Insider presents the top 10 best universities in Africa in 2025. The list is courtesy of Times Higher Education World University Rankings 2025. University of Cape Town (South…
Portugal has listed Nigeria alongside the United States as one of the countries it aims to get its supply of liquified natural gas (LNG) from. Portugal aims to get LNG supply from Nigeria and the United States due to shortage from the Russian market. Nigeria’s LNG trade is on an upward trajectory, producing 2.5 trillion…
President Donald Trump recently announced his intention to end “birthright citizenship,” a policy granting automatic American citizenship to anyone born on U.S. soil. President Trump aims to end birthright citizenship in the U.S Legal challenges have been filed by the American Civil Liberties Union and others against Trump’s decision The U.S. and Canada are among…
While households bear the brunt of expensive housing in many African countries, the ripple effects are typically extensive, having considerable influence on the overall economy. Business Insider Africa presents the top 10 African countries with the most expensive rent at the start of 2025. This list is courtesy of data from Numbeo. Nigeria ranks number…
Countries like Niger, Burundi, and Chad have maintained low unemployment rates, thanks to policies that prioritize key sectors like agriculture and tourism, foster entrepreneurship, and support the informal economy, which provides livelihoods for millions. Business Insider Africa presents the top 10 African countries with the lowest unemployment rate. The list is courtesy of Statista. Countries…
President Donald Trump’s recent executive order has sparked concerns about the potential impact on African countries that heavily rely on U.S. humanitarian aid. Trump’s executive order raises concerns about the impact on African countries Long-term implications could leave African nations struggling to maintain essential services African nations may turn to alternative sources like China for…
Zambia’s economic recovery now hinges on the performance of its mining sector, following severe droughts that hindered economic growth. Zambia is pinning its economic recovery on its mining sector due to drought hindering growth. The finance minister predicts a mining industry revival by 2025 with increasing copper production. The government has lowered its 2024 growth…
African sovereign wealth funds (SWFs) continue to play a critical role in shaping the continent’s economic landscape, as nations seek ways to diversify their economies. Sovereign Wealth Funds (SWFs) are playing a critical role in shaping Africa’s economic landscape Global sovereign wealth fund stood at $13 trillion as of January 2025, with China, UAE, and…
As the calendar rolls to 2025, several African countries are confronted with the long-term ramifications of borrowing from the International Monetary Fund (IMF). Business Insider Africa presents the top 10 African countries with the highest debt to the IMF at the start of 2025. This list is courtesy of data from the International Monetary Fund.…
Nigeria has moved to strengthen its mining sector by seeking financial and technical support from France to improve geological data exploration. Nigeria has signed an agreement with France to improve geological data exploration in its mining sector France has agreed to fund the geological data exploration efforts of the Nigerian Geological Survey Agency (NGSA) The…
Nigeria has emerged as the leading destination for oil and gas investments in Africa in 2024, according to a new report. Nigeria leads as the top destination for oil and gas investments in Africa in 2024 Nigeria accounted for three out of four Final Investment Decisions announced by global oil and gas majors Total Final…
Algeria had the highest life expectancy at birth in Africa as of 2023, . A newborn infant was expected to live over 77 years in the country. Cabo Verde, Tunisia, and Mauritius followed, with a life expectancy between 77 and 75 years. Business Insider Africa presents 10 African countries with the highest life expectancy. The…
As presently constituted, jobs in Uganda, particularly in the informal sector are being taken away from the locals by illegal immigrants. Jobs in Uganda, especially in the informal sector, are being taken by illegal immigrants, according to Auditor General Edward Akol. The number of work permits issued in Uganda increased by 26% from 2020 to…
Climate tech attracted 32% of the total tech funding in Africa last year. However, this represents a decline compared to 2023. Dotun Olowoporoku, Managing Partner at Ventures Platform—a VC firm that has backed over 90 startups across Africa, including climate tech enterprises—stresses the importance of adopting climate-resilient business models. Climate change is no longer a…
The African Continental Free Trade Area (AfCFTA) has begun to be instrumental between Nigeria and Kenya. Kenya received its first shipment from Nigeria under the African Continental Free Trade Area. The shipment included synthetic filaments made by Lucky Fibres Limited, a division of the Tolaram Group. The move is seen as an African triumph and…
Dangote has clarified that the recent hike in the ex-depot price of Premium Motor Spirit (PMS) is a result of the significant rise in global crude oil prices. Dangote Refinery confirmed that it has absorbed about 50% of the cost increases resulting from fluctuations in the international oil market. Dangote clarifies that the increase in…
The African Development Bank (AfDB) warns that if things don’t change soon, about 100 million young Africans could be jobless by 2030. Business Insider Africa presents 10 African countries with the highest unemployment rate. In 2024, the youth unemployment rate in Africa is projected at around 11 per cent, The list is courtesy of Statista.…
Over the weekend, Nigeria officially became the ninth member of the BRICS group of nations as a partner country. Nigeria becomes the ninth member of the BRICS group of nations as a partner country. Nigeria aims to form strategic partnerships with other BRICS countries. Nigeria’s membership will focus on trade, investment, energy security, infrastructure development,…
Despite the challenges posed by the harsh business terrain of 2024, several Nigerian companies have emerged as the most valuable firms in the country. Several Nigerian companies have emerged as the most valuable firms in the country These firms thrived due to innovation, strategic leadership, and a deep understanding of the Nigerian and African markets…
Recent reports have indicated that the West African country of Togo could be joining the Alliance of the Sahel States (AES). Togo is considering joining the Alliance of the Sahel Region (AES). Togolese Minister of Foreign Affairs, Robert Dussey, expressed openness to the idea. Togo’s potential integration into the AES may lead to its withdrawal…
According to Global Firepower (GFP), South Africa leads Africa in the number of serviceable airports with 575, ranking 13th globally, followed by Kenya with 370 airports at 18th, and the Democratic Republic of Congo (DRC) with 272 airports at 24th. Business Insider Africa presents the top 10 African countries with the most serviceable airports in…
Nigeria has officially become the second African nation and the ninth member to join the BRICS group as a partner country. Nigeria becomes the second African nation and ninth member of the BRICS group as a partner country Brazil, as the current BRICS chair, officially announced Nigeria’s admission as a partner country Nigeria joins Belarus,…
Africa’s growing tourism industry is hindered by internal conflicts and terrorism, leading to various travel warnings against visiting the continent. Business Insider Africa presents the most dangerous African countries to visit in 2025 The list is courtesy of CEO World Magazine Ethiopia, DR Congo, CAR are among the countries classified as high-risk destinations The looming…
Africa’s wealthiest nations have not been immune to inflation’s bite. Countries like South Africa, Egypt, Nigeria and Kenya—the continent’s largest economies—continue to wrestle with rising costs of living. Business Insider Africa presents the top 10 largest economies in Africa and their inflation rates. Countries like South Africa, Egypt, Nigeria and Kenya—the continent’s largest economies—continue to…
Helicopters play a vital role in aviation transport, particularly for short-distance travel and transporting individuals and cargo. Business Insider Africa presents the seven most expensive private helicopters in the world The list is courtesy of Robb Report Different helicopters, like the S-92® and Bell 525 ‘Relentless‘, offer advanced safety features, impressive speeds, and luxurious interiors…
The $20 billion Dangote refinery is set to hit its maximum refining capacity in the coming months. Dangote refinery to reach 650,000bpd capacity by June this year. Plans to resolve local crude deficit by importing oil from outside Nigeria. Debacle with NNPC hindered local production of premium motor spirits (petrol). Officials at the Dangote refinery…
Recent data indicates that U.S. companies are increasingly relying on skilled foreign workers, particularly in the tech sector. H-1B visa issuance in the U.S. has been steadily increasing, with a significant rise in 2024 The program aims to address talent shortages and drive business growth, technological advancements, and increased productivity Top tech companies, including Amazon,…
Sudanese leader and army chief, Abdel Fattah al-Burhan is set to face U.S. sanctions following accusations of human rights abuse. Sudanese leader, Abdel Fattah al-Burhan to face U.S. sanctions for human rights abuse The sanctions are linked to ongoing conflict and political instability in Sudan under al-Burhan’s leadership Sudanese Armed Forces accused of targeting civilians,…
This series of setbacks presents a challenge for Namibia’s aspirations of becoming a major crude oil producer. Chevron’s exploration well Kapana 1X in Namibia’s Orange Basin did not yield commercial hydrocarbon reserves. Namibia has potential for oil production, with major companies like TotalEnergies and Shell discovering an estimated 2.6 billion barrels of oil in the…
The way we look at human output is set to change significantly in the coming years, specifically from 2025 to 2030, and in Africa, this is projected to be more prevalent. Business Insider Africa presents the top 5 African countries where skilled professionals are facing the highest risks. This list is courtesy of The Future…
Tanzania’s agriculture, tourism, and industrial sectors have drawn interest from several Japanese companies. Japanese companies showing interest in Tanzania’s agriculture, tourism, and industrial sectors. 20 investment companies from Japan touring Tanzania for potential collaborations. Total Japanese investment in Tanzania is $11.4 million across 24 projects in the past 12 years. Twenty investment companies are currently…
Nigerian petroleum marketers are increasingly aligning with the Dangote Refinery in response to a rise in depot fuel prices. Nigerian petroleum marketers are turning to Dangote Petroleum Refinery due to rising depot fuel prices Depot price of Premium Motor Spirit (PMS) rose by 4.7% due to global crude oil cost surge to $80 per barrel…
For 2024 the world’s busiest airports collectively handled over 411 million passengers. In Africa, Cairo International Airport handled 18,712,227 passengers in 2024—a significant 46% increase from its 2019 figures and an 11% rise compared to 2023. Business Insider Africa presents the busiest airports in Africa in 2024. The list is courtesy of OAG’s Global Airline…
The Rwandan government has officially announced its first oil discovery, identifying 13 reservoirs within Lake Kivu, a natural border with the Democratic Republic of Congo. Rwanda has officially announced its first oil discovery in Lake Kivu Rwanda currently heavily relies on agricultural and mineral exports, plus its thriving tourism industry With this oil discovery, Rwanda…
Chinese companies, many of which are state-backed, have become the largest investors in the Democratic Republic of Congo in recent years. The Democratic Republic of Congo wants to diversify its mining industry and reduce reliance on Chinese investment. It is seeking new mining investors from Saudi Arabia, the European Union, and India. Chinese companies have…
Transportation, particularly air travel, is key to global connectivity, with major international airports driving the movement of people and goods. Business Insider Africa presents the worlds busiest international airports in 2024 The list is courtesy of OAG Dubai International Airport (DXB) maintained its position as the World’s Busiest International Airport in 2024 with 60.2 million…
In an article published on January 6 by Russia in Global Affairs, Russia reaffirmed its commitment to helping African nations achieve genuine independence. Russia has reaffirmed commitment to helping African nations achieve genuine independence The Kremlin supports the idea of Pan-Africanism and the role of the African Union in enhancing Africa’s voice and influence in…
Members of Zimbabwe’s ruling party are motioning to extend the legal term of the president of the country, Emmerson Mnangagwa. Zimbabwe’s ruling party is seeking to extend president Emmerson Mnangagwa’s term beyond 2028. There is a move to modify Zimbabwe’s Constitution to allow Mnangagwa to continue in office after 2028. President Mnangagwa has previously refused…
The Kenyan deal with the United Arab Emirates (UAE) which has been in the works since 2022, was finally inked on Tuesday, 14th of January, 2025. Kenya and United Arab Emirates signed the Comprehensive Economic Partnership Agreement (CEPA) to boost trade and economic cooperation. The agreement aims to strengthen the UAE’s position as a major…
The president of the Central African Republic (CAR), Faustin-Archange Touadera, has embarked on a three-day visit to Moscow for talks that will foster his country’s relationship with Russia, according to the Kremlin. President of CAR visiting Moscow for talks with Russia CAR was the French colony of Ubangi-Shari until it became independent in 1960 Touadera…
The Central African Republic has the highest fuel price in Africa at $1.718 per litre, followed by Senegal at $1.546 per litre, and Zimbabwe at $1.480 per litre. Business Insider Africa presents the top 10 African countries with the highest fuel prices at the start of 2025. This list is courtesy of GlobalPetrolPrices.com. Central African…
Nigeria, Africa’s leading oil producer, is set for growth, driven by ongoing reforms and a strong emphasis on rehabilitating its state-owned refineries. Nigeria’s refineries are projected to consume a substantial share of its crude oil production in H1 2025 The Dangote Refinery will receive the largest share of crude oil at 550,000 barrels per day…
Low-traffic African cities are shining examples of productivity and a better standard of living. Business Insider Africa presents the top 5 major African cities with the best traffic situation. This list is courtesy of Numbeo. Durban ranks number 1 on the list. Efficient traffic flow has a favorable impact on cities. Time saved by avoiding…
TikTok is facing the possibility of being banned from app stores in the United States by January 19 unless the Supreme Court or President-elect Donald Trump intervenes and delays this decision. TikTok faces possible ban from US app stores by January 19 Multiple countries have already banned TikTok due to data privacy, national security, and…
Africa’s complex security landscape, marked by internal conflicts, terrorism, and insurgency, necessitates a strategic rethink of defense budgets. Business Insider Africa presents the top 10 African countries with the highest defense budget in 2025 The list is courtesy of Global Firepower Countries like Egypt, Algeria, and Morocco have high defense budgets to focus on advanced…
Steve Bannon, the former chief strategist for Donald Trump, has publicly criticised Elon Musk over his influence in U.S. politics, suggesting he should “go back to South Africa.” Steve Bannon has criticized Elon Musk over his influence in U.S. politics Bannon accused Musk of promoting ‘techno-feudalism’ and favoring Silicon Valley founders over American workers Bannon…
Major firms in Nigeria have dumped the nation’s power-generating companies over the constant power outages associated with the national grid. Major firms in Nigeria have abandoned their power distribution companies due to constant power outages The recurring grid collapses are attributed to ageing facilities, lack of maintenance, and vandalization of power facilities Dangote Industries, 249…
Some of Nigeria’s top banks recorded a collective market cap of N7.90 trillion ($4.97 billion). Nigeria’s top banks recorded a collective market cap of N7.90 trillion ($4.97 billion). Zenith Bank topped other banks with a market value of N1.47 trillion and shares valued at N46.85. Guaranty Trust Holding Company PLC recorded a market cap of…
While 2025 is still very early, so far there hasn’t been much positive movement in the fortunes of Africa’s richest billionaires. Positive movement in the fortunes of Africa’s richest billionaires remains scarce. Only four of the 10 richest people on Bloomberg’s billionaire index have a positive year-to-date change. African billionaires on the daily index have…
Egypt, Algeria, and Angola have maintained their rankings, each making additions to their military aircraft fleets. Egypt expanded its fleet by 13 aircraft, Algeria by 3, and Angola by 1. Business Insider Africa presents 10 African countries with the largest military aircraft fleet in 2025. Egypt is the most formidable military air fleet on the…
The aviation industry continues to prioritize airline safety, emphasizing its commitment to protecting the lives of passengers, crew, and cargo. Business Insider Africa presents the world’s top 10 safest airlines in 2025 The ranking is courtesy of AirlineRatings Recent tragic incidents, including fatal crashes in December 2024, have raised public concern and intensified scrutiny of…
The U.S., the largest economy globally, showcases unparalleled industrial prowess, diversified sectors, and global reach. In contrast, Africa’s economies, while collectively significant, vary widely in size and development. Business Insider Africa presents how U.S. state GDPs compare to 10 wealthiest African countries. California’s $3.9 trillion economy—the largest of any U.S. state—not only dwarfs every African…
Fuel price in Africa may increase in the coming days owing to a spike in the cost of Brent, the global benchmark for crude. Fuel prices in Africa may increase due to a spike in the cost of Brent, the global benchmark for crude. New sanctions on Russian oil producers by the American president, Joe…
In a remarkable move, billionaires Bill Gates and Jeff Bezos have joined forces to invest in mining ventures targeting rare metals across Africa. Bill Gates and Jeff Bezos are investing in mining ventures targeting rare metals in Africa KoBold, a US mining startup supported by Gates and Bezos, secured $537 million in funding African countries…
The strength of a military, particularly in Africa, is influenced by a variety of factors, including personnel, equipment, strategic alliances, and geopolitical positioning. Business Insider Africa presents African countries with the strongest military power in 2025 The ranking is courtesy of Global Firepower Index Top-ranked African nations in the ranking at the start of 2025…
Tensions between Ethiopia and Somalia had been mounting following reports of an agreement earlier in 2024 between Ethiopia and Somaliland. Ethiopia and Somalia has pledged to restore and strengthen bilateral relations. Tensions between Ethiopia and Somalia had been mounting following reports of an agreement earlier in 2024 between Ethiopia and Somaliland. The agreement was formalized…
The East African nation of Kenya and the Arab state of Iran attempt to deepen their ties through religious exchange programs and peace efforts. Kenya and Iran aim to deepen ties through religious exchange programs and peace efforts. 22 agreements have been signed to strengthen diplomatic ties across sectors like education, health, infrastructure, and agriculture.…
A high cost of living index can affect a country’s global perception. African countries such as South Africa and Kenya, which draw considerable tourist and expatriate communities, may risk losing their appeal if living expenses grow without a corresponding increase in quality. Business Insider Africa presents the top 10 African countries with the highest cost…
In a bid to save costs, the new president of Ghana, John Mahama, has trimmed down his government’s ministries. President John Mahama has reduced the number of government ministries in Ghana to save costs. The new administration will work with 23 ministries instead of the previous 30. This cost-cutting strategy is part of an austerity…
The African Union Commission (AUC) chairperson elections are heating up, with candidates ramping up their efforts to secure support. The AU Commission chairperson elections are scheduled for February 2025 at the 38th AU Summit Candidates from the East African bloc are contending for the AUC chairperson position The role of AUC chairperson is critical for…
Considering the overhaul of its mining industry, Mali is expected to collect 750 billion CFA francs ($1.2 billion) in the first quarter of 2025. Mali is expected to collect 750 billion CFA francs ($1.2 billion) in the first quarter of 2025 from its mining industry overhaul. The military government in Mali decided to restructure the…
This achievement edges out Egypt, the continent’s former tourism leader, which set a new record with 15.7 million arrivals in the same year. Morocco becomes Africa’s most visited destination with 17.4 million visitors in 2024. Morocco’s achievement edges out Egypt, the former tourism leader with 15.7 million arrivals in 2024. Morocco’s tourism sees a 20%…
Chinese Foreign Minister, Wang Yi arrived in Nigeria on January 8, 2025, for a diplomatic visit aimed at furthering China-Nigeria relations. Chinese Foreign Minister, Wang Yi visited Nigeria and other African nations to strengthen partnership and cooperation The visit emphasizes China’s commitment to economic development, trade, and political cooperation in Africa Yi’s visit to Nigeria…
The son of Uganda’s president, Muhoozi Kainerugaba, recently announced his departure from the social media platform X. Muhoozi Kainerugaba, the son of Uganda’s president, has left the social media platform X. He had previously sent out a controversial tweet threatening his father’s political rival, Bobbi Wine. Speculations have arisen about Muhoozi’s intentions to succeed his…
Nigeria’s oil industry is poised for growth as petroleum marketers prepare to launch a new 50,000 barrels per day (bpd) refinery. Nigeria’s oil industry is set for growth with the launch of a new 50,000 bpd refinery Nigeria is making significant progress in rehabilitating government-owned refineries and promoting modular refineries The agreement to establish a…
Africa’s rapidly urbanizing ecosystem is a tale of two cities, one brimming with potential and the other congested with traffic. Business Insider Africa presents the top 10 African cities with the most crippling traffic congestion in 2025. This list is courtesy of data from Numbeo. Lagos ranks number 1 globally. Long traffic bottlenecks continue to…
Across Africa, many countries face the challenge of holding passports that rank low on global mobility indexes. Somalia has the least powerful passport in Africa, allowing access to only 35 countries and ranking 102nd globally. Business Insider Africa presents the top 10 least powerful passports in Africa in 2025. The list is courtesy of Henley…
A low GDP forecast is a critical indicator of potential challenges ahead. This projection for African countries in 2025 signals deterring engagement in industries such as manufacturing, services, technology, and infrastructure. Business Insider Africa presents the top 10 African countries projected to have the lowest GDP growth in 2025. This list is courtesy of a…
An armed attack on Chad’s presidential complex has raised alarm and sparked fears of a potential coup attempt. Armed attack at Chad’s presidential complex sparked fears of a potential coup attempt 19 people were killed in the fighting, with 18 being members of the terrorist gang Chad has been ruled by the Deby family for…
In 2025, low rent is more than a financial comfort; it is a lifeline for millions of people residing in African cities. Business Insider Africa presents the top 5 African cities with the least expensive rent at the start of 2025. This list is courtesy of Numbeo. Alexandria ranks number 1 on the list. As…
A recent survey shows improved customer service in SME banking as financial institutions in Ghana and Nigeria seek long-term relationships with expanding businesses. SME banking customer service in Africa has shown some significant improvements KPMG’s 2024 Banking Survey highlights progress and challenges in SME, corporate, and retail banking. In 2024, Nigeria and Ghana saw modest…
Last year, South Africa dominated the top spots, holding the top five positions for the highest crime rates. In the latest rankings, six cities from South Africa still feature prominently, reflecting the ongoing security challenges faced by the country. Business Insider Africa presents the top 10 African cities with the highest crime index at the…
African Startups made significant strides in 2024, with many ventures successfully securing funding to drive their growth and expansion. African Startup ecosystem made significant progress in 2024 Two African start-ups achieved ‘unicorn’ status with valuations of $1 billion or more 10 Startups accounted for 51% of the total funding in 2024 This progress was achieved…
There have been several oil explorations by major oil conglomerates in the Southern African country of Namibia in recent years. Shell has announced a $400 million write-down related to an offshore oil discovery in Namibia, deeming the project commercially unviable. Shell announces a $400 million write-down for an offshore oil discovery in Namibia. Total Energies…
In 2023, despite submitting half as many Schengen visa applications as those from Asia, African applicants were twice as likely to be rejected, with rates 14 percentage points higher than Asian applicants. Business Insider Africa presents top 10 African countries with the highest Schengen visa rejection rates. This list is courtesy of Henley and Partners. Six…
Citizenship by Investment (CBI) programs provide a pathway for individuals to acquire citizenship in a country by making substantial financial contributions to its economy. CBI programs offer a pathway to acquire citizenship through financial contributions Some countries offer these options to attract foreign investment and boost economic growth Egypt and Mauritius have recently introduced citizenship…
The UK government has launched its new Electronic Travel Authorization (ETA) system, altering how visitors from certain countries enter the UK. UK launches Electronic Travel Authorization (ETA) system on January 8, 2025 Travelers from specific countries including three African countries need ETA for UK visits ETA launched in two phases: first phase on January 8,…
Some of the continent’s busiest airlines, such as Ethiopian Airlines and Kenya Airways, strive to maintain reliability but are not immune to disruptions. Kenya Airways ranked highest for cancellations, with 2,263 flights cancelled out of 46,578 total flights. Business Insider Africa presents the top 5 African airlines with the most flight cancellations in 2024. The…
The human metapneumovirus (HMPV), though not a newly discovered virus, is gaining attention in Africa as nations brace for illnesses reminiscent of the COVID-19 scare. HMPV, a respiratory virus, is gaining attention in Africa amid rising cases in China Unlike COVID-19, there is no vaccine or specific antiviral treatment for HMPV African nations and global…
Seychelles holds the title of the strongest passport in Africa for 2025, granting its holders visa-free or visa-on-arrival access to 156 countries, ranking 25th globally. Business Insider Africa presents the top 10 most powerful passports in Africa in 2025. The list is courtesy of Henley & Partners’ passport index. In Africa, Seychelles holds the title…
John Dramani Mahama was inaugurated for a second term as Ghana’s president on Tuesday in a ceremony held in the capital city, Accra. The 66-year-old opposition leader secured a decisive victory in the December 7 presidential election, marking a political comeback in Ghana, the world’s second-largest cocoa producer. More than 20 presidents and heads of…
Algeria has leveled serious accusations against France, alleging the European country’s covert involvement in its affairs. Tensions between Algeria and France worsen. France’s support of Morocco over Western Sahara leads to withdrawal of Algerian ambassador. Algeria condemns French interference and colonial legacy. For years now, several African countries in West Africa have pushed back on…
Kenya, along with Nigeria, Egypt, and South Africa—collectively known as Africa’s “Big Four”—continued to dominate the venture funding landscape in 2024. However, there was a noticeable decline in the amount of funding raised compared to previous years. Business Insider Africa presents the top 10 African countries with the highest tech funding in 2024. The list…
Senegal and Chad have criticized French President Macron’s remarks suggesting African countries are ungrateful for France’s security role in the continent. Macron claimed African nations owe their sovereignty to the presence of French forces Senegal and Chad criticized French President Macron’s remarks about Africa’s gratitude for France’s security role Several African nations have terminated security…
Global Finance has recognized top-performing banks in the foreign exchange market with the GW Platt Foreign Exchange Bank Awards 2025. Global Finance recognizes top-performing banks in the foreign exchange market Winners in global, regional, and country categories chosen based on objective and subjective criteria Standard Bank emerged the regional winner (Africa) for the best foreign…
South African cities continue to dominate the top five rankings for African cities, much like in the previous year. Business Insider Africa presents the top 5 African cities with the best quality of life index at the start of 2025 The list is courtesy of Numbeo. South African cities continue to dominate the top five…
The disparity in wealth, income, and economic well-being has led to widening prosperity gaps in African countries. Business Insider Africa presents African countries with increasing prosperity gaps The list is courtesy the World Bank’s Poverty, Prosperity, and Planet Report Prosperity Gap varies from 1.7 in Europe and Central Asia, to over 12 in Sub-Saharan Africa…
Maintaining a healthy current account balance has become more important than ever in 2025 as some African countries continue to struggle with the combined weight of local developmental issues and global economic uncertainties. Business Insider Africa presents the top 10 African countries projected to be the highest earners in 2025. This list is courtesy of…
The standoff in Mali, coupled with threats by Burkina Faso’s military junta to revoke mining permits and the seizure of a French-operated uranium site in Niger, has raised concerns among Western mining companies. Barrick Gold may halt operations in Mali due to restrictions on gold shipments. Threats by Burkina Faso’s military junta and the seizure…
For decades, Russia and Africa have shared a strong and mutually beneficial relationship, based on common historical ties, economic partnerships, and military alliances. Business Insider Africa presents the top Russian air defense systems used in Africa. The weapons systems mentioned are from a report by Sputnik. Russia and Africa have enjoyed key military alliances for…
Data from a report by the International Trade Centre revealed that the loss from Nigeria’s unrealized export potential is sitting at a whopping N4.6 trillion ($3 billion). Nigeria’s unrealized export potential is at N4.6 trillion ($3 billion Top unexploited products include urea, cocoa, cashew nuts, and electric energy Challenges affecting export revenue include product quality,…
In recent years, Russia has demonstrated a marked increase in its interest in Africa’s nuclear sector. Rosatom, Russia’s state-owned nuclear corporation, holds about 70% of the global export market for new nuclear power plants Russia is increasingly interested in Africa’s nuclear power sector for strategic, economic, and geopolitical reasons African nations like Burkina Faso, Zimbabwe,…
It is impossible to overestimate the importance of affordable rent as African cities continue to expand. It is fundamental to sustainable development and economic resilience. Business Insider Africa presents the top 5 African cities with the most expensive rent at the start of 2025. This list is courtesy of Numbeo. Lagos ranks number 1 on…
The prevalence and types of crimes vary widely across African countries. According to the Numbeo Crime Index, South Africa is Africa’s most crime-affected country, with a crime index score of 74.7. Business Insider Africa presents the top 10 African countries with the highest crime index at the start of 2025 This list is courtesy of…
One of South Africa’s premier cities Johannesburg, which is tagged the richest city in Africa has enumerated a $12 billion infrastructure objective. Johannesburg aims to fix $12 billion worth of infrastructure issues. The city council examined the deficit and identified long-overdue repairs for water, electricity, and road systems. Frequent power outages and water shortages have…
The son of Uganda’s president, Muhoozi Kainerugaba, recently made a distasteful remark about the leader of the country’s ruling opposition, Bobi Wine. Muhoozi Kainerugaba, son of Uganda’s president, made a distasteful remark about the leader of the ruling opposition, Bobi Wine. He stated in a tweet that he wanted to behead the country’s most prominent…
The aspiration to migrate from Africa to more developed regions is often driven by migrants’ desire to increase income and enhance overall living standards. Business Insider Africa presents African countries with the highest-earning migrant population in the US The list is courtesy of the U.S census bureau African immigrants in the U.S. have high annual…
The departure of wealthy individuals from South Africa has created a significant gap in government revenue for a country heavily reliant on taxes. Loss of R3 billion in collectable taxes due to departure of 38,000 taxpayers in South Africa Significant portion of South Africa’s revenue comes from personal income tax, corporate income tax, and value-added…
The departure of wealthy individuals from South Africa has created a significant gap in government revenue for a country heavily reliant on taxes. Loss of R3 billion in collectable taxes due to departure of 38,000 taxpayers in South Africa Significant portion of South Africa’s revenue comes from personal income tax, corporate income tax, and value-added…
With the start of 2025, the growing cost of living in some African cities remains a major issue for residents and citizens. Business Insider Africa presents the top 10 African cities with the highest cost of living in 2025. This list is courtesy of Numbeo’s updated data. Harare ranks number 1 on the list. Cities…
US President, Joe Biden, through the White House, has named a delegation to attend the inauguration of Ghana’s President-elect, John Dramani Mahama in Accra, Ghana. US President Joe Biden has designated a delegation to attend the inauguration of Ghana’s President-elect, John Dramani Mahama The delegation will be led by Shalanda D. Young, Director of the…
The World Bank notes that Sub-Saharan Africa must invest approximately 7.1% of its GDP annually to achieve sustainable development goals, while current investments hover around just 3.5% of GDP. Business Insider Africa presents the top 10 African countries leading in private sector investments. The list is courtesy of World Bank. In FY24, the IFC mobilized…
The Nigerian National Petroleum Company Limited (NNPCL) has responded to recent remarks made by former President Olusegun Obasanjo regarding the management of the country’s refineries. Ex-President Obasanjo criticized NNPCL’s capacity to efficiently operate Nigeria’s refineries Obasanjo highlighted failed attempts to privatize the refineries, alleging $2 billion in losses under government control NNPCL spokesperson invited Obasanjo…
Several African countries have their satellites, some of which serve critical functions in agriculture, climate monitoring, communications, and disaster response. Business Insider Africa presents African countries with the highest number of satellites in orbit. The list is courtesy of Statista. 125 new satellites have been lined up for development in 23 African countries by 2025.…
Africans from nine countries are now eligible to file applications electronically for Thailand’s visa with effect from January 1, 2025. Africans from nine countries can now apply for Thailand’s e-visa from January 1, 2025 The e-Visa system simplifies the application process and requires online completion Applicants must provide evidence of presence in the approved countries…
A massive, fiery object fell from the sky into a Kenyan village on Monday afternoon, sparking curiosity and concern among locals, according to the country’s national broadcaster. To date, no fatalities have been recorded from space debris falling from the sky. A massive, fiery object fell from the sky into a Kenyan village. The Kenya…
Africa’s population growth is driven by several interconnected factors that shape the continent’s demographic trends. Business Insider Africa presents the 10 most populous African countries at the beginning of 2025 The ranking is courtesy of Worldometer At the beginning of 2025, Nigeria, Ethiopia, Egypt had the highest populations in Africa Some of the factors influencing…
To boost economic growth, solve social issues, and improve Africa’s standing internationally, the investments, ingenuity, and generosity of the continent’s wealthiest people are crucial. Business Insider Africa presents the top 10 richest people in Africa at the start of 2025. This list is courtesy of the Forbes real-time index. Dangote ranks number 1 on the…
Diaspora remittances are a vital lifeline for African economies and communities, driving socio-economic development and serving as a significant source of external financing. Business Insider Africa presents African countries with the most diaspora remittances in 2024 The list is courtesy of the World Bank Top three recipients of remittances in Africa in 2024 were Egypt,…
According to reports, an 8-year-old Zimbabwean child managed to survive in a wildlife park for close to a week. 8-year-old Zimbabwean child survives in Matusadona Game Park for almost a week. Managed to survive amidst lions and passing elephants by sleeping on a rocky perch and eating wild fruits. Utilized knowledge of nature to eat…
Africa’s diversity shines brighter than ever, attracting tourists and investors from around the globe as the continent continues to thrive as a travel destination in 2025 Business Insider Africa presents Africa’s top travel destinations for 2025 The list is courtesy of Travel and Tour World (TTW) Exceptional nations which include South Africa, Mauritius, Egypt among…
Africa’s stock markets are becoming a big part of the continent’s growth story. The Ghana Stock Exchange Composite Index surged by 56% in local currency terms—the highest since 2013. The Ghana Stock Exchange Composite Index surged by 56% in local currency terms—the highest since 2013. In the first nine months of 2024, Ghana’s GDP grew…
A high Real GDP growth prediction for African countries in 2025 has significant benefits for its economy, inhabitants, and the continent as a whole. Business Insider Africa presents the top 10 African countries projected to have the highest GDP growth in 2025. This list is courtesy of a report from the IMF. South Sudan ranks…
Cyberattacks are a growing concern in Africa, with many countries facing significant threats to their digital security. Cyber attacks are a growing concern in Africa The financial sector is the second most targeted after government establishments Various organizations in Africa, such as Eneo, Airtel, MTN, Bank of Uganda, and Telecom Namibia, were subject to cyber…
As 2025 begins, it is important to note that some of the economic challenges several African countries faced last year are set to spill over to the new year, particularly with regards to inflation. Business Insider Africa presents the Top 10 African countries projected to have the highest inflation hikes in 2025. This list is…
Ivory Coast’s president has announced that French troops will withdraw from the country, ending a decades-long military presence. Ivory Coast’s president announced the withdrawal of French troops from the country. This aligns with similar decisions by other West African leaders regarding French troops. France has been expelled from at least four West African nations since…
Zimbabwe has officially abolished the death penalty, nearly 20 years after its last execution. With this move, Zimbabwe has become the 127th country in the world to abolish the death penalty. Zimbabwe has officially abolished the death penalty after nearly 20 years since its last execution. President Emmerson Mnangagwa signed the law to eliminate capital…
The most industrious people in Africa, begin the new year with fresh financial goals, hoping to outperform the previous year’s achievements. Business Insider Africa presents the top 5 richest Africans at the start of 2025. This list is courtesy of Bloomberg’s real-time billionaires index. Dangote ranks number 1 on the list. As the new year…
Kenyan President William Ruto and Nigerian President Bola Ahmed Tinubu have been named among the five 2024 finalists for the Organized Crime and Corruption Reporting Project (OCCRP) “Person of the Year” award. Kenyan President William Ruto and Nigerian President Bola Ahmed Tinubu are finalists for OCCRP’s ‘Person of the Year’ award Ruto received over 40,000…
Over the past year, some African nations have improved the performance of their currencies against the US dollar while others continue to face challenges. The report rated the performance of various African currencies against the US dollar. Some African nations strengthened their currencies, while others faced worsening exchange rates in 2024 Nigeria’s Naira and Malawi’s…
A low SDG 9 rating indicates poor infrastructure, limited industrialization, and low innovation, all of which impede economic success, especially in African countries. Business Insider Africa presents the top 10 African countries with the worst infrastructure and least innovation. This list is courtesy of a report by the Mo Ibrahim Foundation. South Sudan ranks number…
With a rapidly growing population and rising demand for power, the energy transition is a lifeline, offering the promise of sustainable development and resilience against the mounting impacts of climate change. Business Insider Africa presents the top 10 African countries in the global energy transition index (ETI). The list is courtesy of the Statista. In…
For governments dealing with economic difficulties, the International Monetary Fund (IMF) is often a go-to source for stabilizing economies and spurring growth. Nonetheless, keeping their IMF debt low benefits African countries strategically. Business Insider Africa presents the top 10 African countries with the lowest debt to the IMF at the end of 2024. This list…
When laws are applied consistently, they build trust, ensure fairness, and provide a solid foundation for peace, innovation, and growth. The Democratic Republic of Congo ranks the lowest in Africa on the World Justice Project’s Rule of Law Index, with an overall score of 0.34. Business Insider Africa presents the top 10 least lawful countries…
The U.S. travel advisory system serves as a vital tool for informing and protecting American citizens traveling abroad. The U.S. travel advisory system warns American citizens traveling abroad based on safety concerns and risk factors Terrorism, crime, civil conflicts, and weak law enforcement contribute to the heightened risks for travelers in these countries As of…
The methods of electricity generation across Africa are heavily skewed toward fossil fuels, with natural gas making up 42% of production and coal contributing another 26%. Business Insider Africa presents the top 10 African countries with the highest electricity generation. The list is courtesy of the International Energy Agency: IEA. South Africa emerged as the…
In 2024, African business leaders made significant contributions to the continent’s economy, driving job creation and leaving lasting legacies. African business leaders made significant contributions to the continent’s economy in 2024 Key businesses that shaped Africa in 2024 include Nigerian-based Flutterwave and Access Bank 23 individuals were recognized for their outstanding contributions to business in…
The idea of “quality of life” refers to the factors that cities liveable, pleasant, and profitable. Business Insider Africa presents the top 10 cities with the best quality of life at the end of 2024. This list is courtesy of Numbeo. The Hague (Den Haag) ranks number 1 on the list. Fostering a good quality…
A high SDG 9 ranking for African countries indicates significant progress in infrastructure, industrialization, and innovation, all critical to long-term development and global competitiveness. Business Insider Africa presents the top 10 African countries with the best infrastructure and most innovation. This list is courtesy of a report by the Mo Ibrahim Foundation. South Africa ranks…
An essential component of every flourishing city is safety. The safest cities in the world typically boasts cohesiveness, economic expansion, and a high standard of living for its citizens. Business Insider Africa presents the top 10 safest cities in the world at the end of 2024. This list is courtesy of Numbeo. Abu Dhabi ranks…
Nigeria has solidified its position as a premier oil producer, supplying its crude to several countries globally. Nigeria is one of Africa’s major crude oil exporters, supplying high-quality crude globally Nigeria’s crude oil production averaged 1.5 million barrels per day in 2024 despite challenges US, France, Spain emerged top buyers of Nigeria’s crude in 2024…
Poor quality of life in cities may have far-reaching implications, hurting not just inhabitants’ well-being but also the city’s economic prospects, social stability, and environmental sustainability. Business Insider Africa presents the top 10 cities with the lowest quality of life at the end of 2024. This list is courtesy of Numbeo. Lagos ranks number 1…
China and Nigeria first established the currency-swap agreement in April 2018 for an initial three-year term, addressing dollar shortages in the country. China and Nigeria extended their 15 billion yuan currency-swap agreement. The agreement aims to boost trade and investment ties between the two countries. It is valid for three years and may be renewed…
Passengers from Nigerian airports experienced some of the highest rates of flight delays and cancellations in the first half of 2024. Flight delays in Nigerian airports were mostly experienced by travelers in H1, 2024 The NCAA reported significant delays and cancellations for both domestic and international flights Delta Airlines, Cronos, and Turkish Airlines had the…
The diplomatic row between Nigeria and the military junta in Niger has attracted the attention of the regional bloc, ECOWAS. ECOWAS supports Nigeria in diplomatic row with Niger over accusations of destabilization Niger’s military leader accused Nigeria of colluding with France to destabilize Niger Republic Nigeria has dismissed the accusations of sabotage emphasizing its support…
Concerns about international students are rising within the US university community as Trump’s inauguration nears US universities are warning international students to return to campus before Trump’s administration Concerns arise from the possibility of Trump reviving travel bans More than a dozen schools have issued advisories amid uncertainty surrounding Trump’s plans US universities are warning…
In Africa, the principles of strong institutions, effective policing, and robust judicial systems are essential for fostering progress and prosperity. Rwanda leads the continent with an impressive score of 0.85, setting the benchmark for order and security. Business Insider Africa presents the top 10 African countries with the best order and security in 2024. The…
Airpower is one of the most important variables in deciding how battles turn out in contemporary warfare, and a robust attack helicopter fleet significantly bolsters the airforce of any given region. Business Insider Africa presents the top 10 countries with the highest number of attack helicopters in 2024. This list is courtesy of Global FirePower.…
Fireworks have become an integral part of festive celebrations across the world, including Christmas, New Year’s Eve, and national holidays. Fireworks displays are a key determinant of the festive period China is the leading exporter of fireworks globally, dominating the global market The United States is the largest importer of fireworks, with over 120,000 metric…
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…
Countries with advanced digital ecosystems benefit from smoother transitions to automation and other high-tech solutions, while less developed regions face mounting challenges in catching up. Business Insider Africa presents Africa’s most digitally competitive countries in 2024. The list is courtesy of IMD World Digital Competitiveness Ranking. The report evaluated 67 economies, with Ghana, Nigeria, and…
Some African economies are projected to be among the world’s largest economies in 2075. These countries can leverage their youthful populations and natural resources to drive economic growth. Business Insider Africa presents a list of African countries among the world’s largest economies in 2075. The list is courtesy of Goldman Sachs. Emerging economies are striving…
The Alliance of the Sahel States (AES), comprising Mali, Burkina Faso, and Niger, the three breakaway ECOWAS countries are now on high alert. The Alliance of the Sahel States (AES) consisting of Mali, Burkina Faso, and Niger, is on high alert due to tension with ECOWAS. Recent developments, including accusations of collaboration with foreign powers…
A strong defense budget is essential to national security and sovereignty. Beyond the primary objective of guaranteeing a nation’s security and readiness, a sizable military budget may have important positive effects on the economy, society, and geopolitics. Business Insider Africa presents the top 10 countries with the most expensive militaries. This list is courtesy of…
The U.S Department of State has announced plans to impose visa restrictions on multiple individuals responsible for the ongoing conflict in South Sudan. The U.S. plans to impose visa restrictions on individuals involved in the conflict in South Sudan The country’s election delay to December 2026 raises concerns about its democratic transition. The U.S. sanctions…
Billionaires worldwide had a phenomenal year in 2024, collectively adding over $700 billion to their wealth. Billionaires collectively added over $700 billion to their wealth in 2024 Tech industry leaders and US citizens dominated the top 10 billionaires list for biggest gainers Notable names on the list include Elon Musk, Mark Zuckerberg, Larry Page, and…
Nigeria, Niger’s neighbor, is being suspected and accused of sabotaging a pipeline in Niger. Niger accuses Nigeria of sabotaging a pipeline in Niger. Niger alleges that Nigeria is providing support to destabilize Niger. Nigeria denies the allegations and refutes any connection to the terrorist organization responsible for the attack. The government of Niger recently levied…
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has dismissed rumours that the Old Port Harcourt Refinery, re-streamed two months ago, has ceased operations. NNPC dismisses rumors of Old Port Harcourt Refinery ceasing operations. Refinery remains fully operational with ongoing loading operations. NNPC’s CEO invites sceptics to tour refineries to verify operational status and clarifies…
Diesel remains a critical energy source for many African countries, especially in regions where alternative energy solutions are still underutilized. Business Insider Africa presents the top 10 African countries with the lowest cost of diesel at the end of 2024. This list is courtesy of GlobalPetrolPrices. CAR is number 1 on the list. Diesel costs…
A high cost of living presents significant challenges for both people and society, even while economic expansion can open up new opportunities. Business Insider Africa presents the top 10 countries with the highest cost of living in 2024. This list is courtesy of Numbeo. Switzerland ranks number 1 on this list. This problem has wide-ranging…
Forbes has unveiled its inaugural list of the 50 wealthiest Black Americans for 2024, highlighting three industry leaders of African origin among the honorees. Forbes released its inaugural ForbesBLK50 list of the 50 wealthiest Black Americans for 2024 Three Nigerians, Wemimo Abbey, Tope Awotona, and Adebayo Ogunlesi, are highlighted for their remarkable contributions The list…
Globally, workplace routines vary significantly, with some countries offering conducive environments and shorter working hours. Business Insider Africa presents the African countries with the longest and shortest hours worked per week The list is courtesy of the Visual Capitalist and the ILO Wholesale and retail trade sector leads in long work hours In other climes,…
When it comes to festive spending, decorations hold a special place in the hearts of many. In 2022, Cameroonians spent just over half of their holiday budget—an impressive 50%—on decorations, far surpassing other African nations. Business Insider Africa presents the 5 African countries that spent the most on Christmas decorations. The list is courtesy of…
Despite recent challenges, Sub-Saharan Africa witnessed a surge in investment deals in 2023, driven by strong interest in the region’s valuable commodities. Sub-Saharan Africa witnessed a surge in investment deals in 2023, driven by interest in valuable commodities Energy and mining sectors, particularly oil and gas and solid minerals, were hotspots for deal-making activity KPMG…
Strategy consulting can be a huge investment for small-to-medium enterprises (SMEs). When investing in consulting SME business leaders — often boards, senior executives, or management — bring in an external company like ours to offer an outside, expert perspective on their business growth gaps and opportunities. Strategy consultants usually have considerable industry knowledge and are…
The bad news is that leadership and conflict go hand-in-hand. The great news is that as a leader you can address conflict in a way that does not destroy team morale, employee engagement, healthy partnerships or your organization. “Everything rises and falls on leadership.” (John Maxwell) # [bctt tweet=”The bad news is that leadership &…
Whether you are a solo-preneur, or a growing small-to-medium business, you may need support at one time or another and consider working with freelancers. Hiring full-time staff can be costly, and you likely do not need support all the time. Freelancers can provide cost-effective expertise that can help you increase the performance and productivity of…
Service-based businesses often struggle to find the right pricing strategy that gives them a competitive edge in their market. Pricing for products is a little more straight forward. To make a profit you need to work out the cost of buying or making the product, and charge more than it cost to make it. Services…
Despite rapid advancement in smart gadgets and apps that should help us get more done in less time, entrepreneurs are still seeking ways to increase efficiency and productivity for themselves and their teams. Gone are the days of fewer choices and quicker decisions. Simplicity has become complicated and we may have gotten ourselves into a …
ScaleUp Africa is a dynamic women-led B2B Enterprise Education and Development Organisation offering advisory and growth support services to SMEs through Corporate Partnerships and Professional Networks of Venture Investors,Foundations, DFIs, Corporations and post-incubation, youth/women-led Small Businesses in Africa and the Diaspora. Late last year, The Radical Leap Company founder, Noreen Makosewe, talked to Amma Gyampo,…
Most small-business owners do not consider themselves investors. However, the sweat-equity and financial investment that goes into launching and growing a business should qualify all parties involved as investors. Taking an idea from concept to launch, then driving it further to growth is no walk in the park even for the most seasoned business leader.…
In my early leadership years I worried that vulnerability would hurt business. The perception I had back then was that effective leaders were stoic – enduring pain or hardship without showing feelings or complaining. What made the idea all the more ingrained was the harshness with which women in leadership positions, particularly black women or women…
As the world comes to terms with the aftermath of the full impact of COVID-19, it’s safe to say that the way we interact, work and do business has changed permanently for the foreseeable future. In addition to adhering to new standards of interaction when doing business, compulsory lockdowns across the globe have forced majority…
In today’s globalized world, characterized by the ever-increasing trans-boundary flow of people and goods, the further spread of epidemics and pandemics is even greater. Infectious diseases spread more quickly than they ever have before, as evidenced by SARS, Ebola, Zika and bird flu outbreaks with the largest in the 21st century being COVID-19 which has…
Business is diverse with multiple moving parts. Therefore, different aspects of business require different types of coaching. As the global market shifts rapidly catalysed by COVID-19 and lockdowns, business leaders are seeking coaches who are specialists as opposed to generalists. For example, where one coach might be highly experienced in business growth or public speaking,…
Executive coaching has evolved immensely over the years. A once sceptically-viewed practice, it is fast becoming the go-to tool used by leaders globally to boost personal excellence, elevate performance, prepare for change and take leaps to success. As the fourth industrial revolution redefines the global economic landscape, it is clear to us at The Radical Leap…
“Mobilising Ghana Beyond Aid” We had the opportunity of attending the Ghana Investment & Opportunities Summit in London, organised by the Ghana High Commission UK in partnership with the Ghana Investments Promotion Centre (GIPC). The event took place at London Hilton on Park Lane and was aptly themed: “Mobilising for Ghana Beyond Aid”. Keynote speakers included His…
As partners of iSpace Foundation in delivering the Unlocking Women and Technology (UWAT), we are pleased to share that the programme received the Google Diversity and Inclusion Award 2018. The award was handed to Josiah K. Eyison, co-founder of iSpace Foundation and lead partner of the programme. UWAT focuses on empowering women to innovate through technology. Now…
At TRLC, we help brands and business leaders start-up, scale-up or streamline for growth and profitability. Occasionally, we use our industry knowledge and expertise to support non-profits and social impact organisations that work with startups. On May 26th we supported Foundervine on day 2 of their 3-day startup hackathon, StartUp54. Foundervine is a UK-based social enterprise that has created a…
On May 16th we were at the Africa Tech Summit in London hosted by Andrew Fassnidge of AppsAfrica.com. #ATSLDN was a convention of professionals, tech experts and investors from across the world with keynotes, breakout sessions and roundtables focused on growth opportunities in the tech ecosystem across Africa. Two keynotes that stood out were How Blockchain Can Transform…
