As of 2025, the global billionaire landscape is dominated by a select group of countries, with the United States leading the pack by a significant margin. The United States is the leader in billionaire population with over 900 billionaires and a combined net worth of $6.8 trillion. China, India, and several European nations also have…
Ghana’s total petroleum revenue rose to US$1.35 billion in 2024, reflecting a 27.8% increase from the US$1.06 billion recorded in 2023. This is according to the 2024 Annual Report released by the Public Interest and Accountability Committee (PIAC). Ghana’s petroleum revenue reaches US$1.35 billion in 2024, a 27.8% increase from 2023 Annual report highlights drop…
Taiwan has strongly condemned Somalia’s decision to ban holders of Taiwanese passports from entering or transiting through the country, describing it as a politically motivated move driven by China. Somalia banned holders of Taiwanese passports from entering or transiting through the country, under pressure from China Taiwan accused China of instigating the ban, calling it…
In 2025, as global economies work to recover from past shocks and adapt to shifting geopolitical and technological dynamics, African countries’ economic trajectory will be closely monitored. Business Insider Africa presents the top 10 African countries with the lowest GDP growth rate in 2025. This list is courtesy of the Africa Pulse report by the…
Kenya’s inflation continues to climb again, with the latest data indicating the annual rate reached 4.1% in April 2025, the highest level in eight months. Kenya’s inflation reached 4.1% in April 2025, the highest in eight months. The surge in inflation is fueled by scarcity of critical food staples like maize, potatoes, and green vegetables.…
A national conference of political stakeholders in Mali has proposed appointing junta leader Assimi Goita as president for a five-year term. A national conference in Mali has proposed appointing junta leader Assimi Goita as president for a five-year term Participants also called for dissolution of existing political parties and stricter requirements for forming new ones…
The recent aid cuts under President Donald Trump’s administration are beginning to take a toll in Nigeria, where thousands of internally displaced persons (IDPs) are grappling with worsening hunger due to the inability of key United Nations agencies to sustain their support. Trump-era aid cuts are impacting thousands of internally displaced persons (IDPs) in Nigeria…
Gold prices fell on Wednesday, weighed down by a stronger US dollar and signs of easing trade tensions, as investors await key US economic data that could shape the Federal Reserve’s next move on interest rates. Spot gold fell 0.4% to $3,302.58/oz by 4:30am GMT, while US gold futures declined 0.7% to $3,310.70/oz. Gold prices…
Somalia has announced a ban on Taiwan-issued passports from entering, exiting or transiting its territory, citing its commitment to the “one China” policy and UN Resolution 2758. The decision, made by the Civil Aviation Authority of Somalia on April 22, will go into effect on April 30. The directive effectively blocks Taiwanese passport holders from…
