A $1 billion impact development platform, the Lobito Corridor Impact Development Platform (LCID) focused on the Lobito Corridor in Africa has officially launched, with a $100 million joint commitment from businessman, Haim Taib and Angola’s Sovereign Wealth Fund (FSDEA). The Lobito Corridor Impact Development Platform (LCID) was launched with a $100 million commitment to enhance…
NATO is more than just a military alliance; it provides an important framework for international cooperation, strategic coordination, and collective defense. While unity is its guiding concept, the balance of power within NATO is unequal. Business Insider Africa presents the top 10 strongest NATO countries. This list is courtesy of Global Firepower. The United States…
In 2025, Nigerian banks are not just leading in finance, they’re dominating the branding space too. For the fourth year in a row, Access Bank holds on tight to the crown as Nigeria’s most valuable brand, Business Insider Africa presents the top 10 most valuable Nigerian brands in 2025. The list is courtesy of Brand…
Business Insider Africa spoke with Hartnell Ndungi, Chief Data Officer at Absa, one of Africa’s largest banking groups, about how the bank is leveraging data analytics to enhance customer experience. These days, data is more than just numbers, it drives transformation in virtually every industry, especially in banking. From improving customer experiences to creating innovative…
Nigeria is set to launch two major lithium processing factories this year marking a shift from raw mineral exports towards adding value domestically. Nigeria is planning to inaugurate two large lithium processing plants this year, advancing its mineral processing capabilities. The plants include a $600 million facility near Kaduna-Niger border and a $200 million refinery…
Uganda has immediately terminated all military and defense cooperation with Germany, sparking concerns about potential diplomatic repercussions between the East African country and one of Europe’s key powers. Uganda has announced the immediate termination of military and defense cooperation with Germany. The decision was attributed to alleged subversive activities linked to Germany’s Ambassador to Uganda,…
Many of the world’s fastest-growing cities in 2024 were right here in Africa. Though their share of the global economy remains relatively modest for now, the momentum is rising. Business Insider Africa presents the top 10 best African cities in 2025 The list is courtesy of Oxford Economics’ Global Cities Index. Many of the world’s…
