NATO is one of the most important security partnerships in modern history. NATO is more than just a military alliance; it is a collective security guarantee in an increasingly unstable global context. Business Insider Africa presents the youngest NATO countries. This list is courtesy of Global Firepower. Sweden is the latest country to join the…
Executives from the China National Aero-Technology Import & Export Corporation (CATIC), a major Chinese state-owned defense company, have signaled a growing interest in strengthening military cooperation with Ghana. Executives of China’s CATIC visited Ghana Navy to discuss military collaborations. CATIC specializes in defense exports including aircraft, naval vessels, and technology. Ghana prioritizes strengthening naval readiness…
The International Monetary Fund (IMF) has expressed support for Zimbabwe’s ZiG currency, stating it would like to see it “fully become a national currency” as part of considerations for placing the country under a staff-monitored program. The International Monetary Fund (IMF) supports Zimbabwe’s ZiG currency initiative for potential full adoption as a national currency. ZiG,…
The cost of living has progressively risen in many African countries, with some seeing alarming increases in food, transportation, utilities, healthcare, and education. Business Insider Africa presents the top 10 African countries with the highest cost of living in mid-2025. This list is courtesy of Numbeo. Ethiopia ranks number 1 on the list. While inflation…
Due to a surge in impersonation schemes in which people falsely pretend to be representatives of the corporation, the Nigerian National Petroleum Corporation Limited (NNPC Ltd) has warned foreign investors. The Nigerian National Petroleum Corporation Limited (NNPC Ltd) has warned international investors about impersonation schemes. The corporation affirmed that such fraudulent activities are unauthorized and…
Aliko Dangote, President of the Dangote Group and founder of the multi-billion-dollar Dangote Petroleum Refinery, has revealed that a significant transformation is imminent in Nigeria’s oil and gas landscape. Aliko Dangote announced imminent changes in Nigeria’s oil and gas sector during President Bola Tinubu’s refinery visit. The $20 billion Dangote Petroleum Refinery in Lagos aims…
Zambia has engaged in discussions with automakers to attract electric vehicle (EV) component manufacturers to set up plants close to its copper mining sites. Zambia aims to attract EV component manufacturers near its copper mines. Copper is crucial for EV engines, boosting Zambia’s role in the supply chain. Finance Minister Musokotwane encourages investments during international…
