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…
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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…
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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…
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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…
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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,…
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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,…
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