The real estate market continues to evolve, with rental yields varying significantly across different countries. Rental yields in the real estate market vary across different countries Gross rental yield measures annual rental income as a percentage of a property’s purchase price Only a few African nations are included in the ranked countries by gross rental…
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Despite mounting international pressure, the DR Congo remains resolute in its refusal to engage in direct talks with the M23 rebel group, which has made significant territorial gains in eastern DRC in recent months. DRC refuses direct talks with M23 rebel group due to concerns over sovereignty and past failed agreements Government views M23 as…
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Ghana’s new central bank governor has suspended the country’s program of using gold to pay for oil and expressed confidence that the cedi will stabilize following last year’s volatility. Ghana’s new central bank governor has suspended the gold-for-oil program. Bank of Ghana governor aims to stabilize the cedi and maintain appropriate monetary policy stance. Interest…
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Without a coastline, African landlocked countries rely on their neighbours to move goods in and out, which isn’t cheap or easy. Business Insider Africa presents the top 5 largest landlocked countries in Africa. Africa has the largest number of landlocked countries among other continents. Long transport routes, delays at borders, and high fees make trade…
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The Economic Community of West African States (ECOWAS) recently detailed its discourse with one of its member states, Guinea-Bissau, via a press-release. ECOWAS had a dispute with Guinea-Bissau over the conduct of the upcoming elections. The delegation was threatened with expulsion by Guinea-Bissau’s president, Umaro Sissoco Embalo. The mission departed on 1st March but intends…
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Africa is fast developing as a prevailing player in the global oil market, with 2024 being a watershed moment in the continent’s hydrocarbon exploration. Africa accounts for 35% of all new oil finds in 2024, up from 7% in 2023. 60% of new oil finds in Africa were in frontier and immature basins. The Orange…
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