As African nations strive for economic stability and development, national budgets play a crucial role in shaping policies and priorities. South Africa leads Africa’s 2025 national budgets with $141.4 billion focused on infrastructure, social services, and economic development Algeria follows closely with a budget of $126 billion, largely invested in energy and defence The 2025…
Nigeria’s president, Bola Tinubu, has made significant changes to the Nigerian National Petroleum Company Limited (NNPC) board with the appointment of Bayo Ojulari as its new CEO. Bayo Ojulari has been appointed as the new CEO of NNPC, while Ahmadu Musa-Kida is the non-executive chairman Ojulari has a distinguished career in Nigeria’s oil and gas…
President Bola Tinubu has dismissed the board of the Nigerian National Petroleum Company (NNPC), including its Group Chief Executive Officer, Mele Kyari, and Board Chairman, Pius Akinyelure. President Bola Tinubu has dismissed the board of the Nigerian National Petroleum Company (NNPC). The decision is based on the need for enhanced operational efficiency, restored investor confidence,…
The foreign ministers of Mali, Burkina Faso, and Niger are set to visit Moscow this week as the Sahel nations work to deepen their ties with Russia. Foreign ministers of Mali, Burkina Faso, and Niger to visit Moscow to deepen ties with Russia. The upcoming visit to Moscow is the first session of ‘AES-Russia consultations’…
An apparent yet elusive measure of a country’s naval might and international military might is its destroyer fleet. Business Insider Africa presents the top 10 countries among the elusive club of destroyer-fleet owners. This list is courtesy of data from Global FirePower. The United States ranks number 1 on the list. Only 13 nations have…
Uganda has implemented its steepest power price cut in two decades, driven partly by a strengthening currency that has lowered the cost of imported fuel and power plant components. Uganda implements steepest power price cut in two decades. Electricity tariffs reduced by an average of 14% for the quarter ending June 30. Ugandan shilling appreciated…
Recent data from the Bank of Ghana reveals that the total value of mobile money transactions in Ghana surged to GH₵649.2 billion within the first two months of 2025, marking a substantial 64.7% year-on-year increase. Total value of mobile money transactions in Ghana surged to GH₵649.2 billion in the first two months of 2025, a…
