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…
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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…
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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…
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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,…
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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,…
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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…
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