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…
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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…
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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…
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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…
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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…
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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…
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