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…
