In a global climate characterized by financial distress and fiscal imbalances, some African countries that have managed to restrict general government debt growth to manageable levels are increasingly standing out. Business Insider Africa presents the top 10 African countries with the lowest leap in government debt from 2024 to 2025. This list is courtesy of…
The African Development Bank has approved a $500,000 grant to support a feasibility study for the Kigali Urban Cable Car Project, a first-of-its-kind aerial urban transit system in sub-Saharan Africa. The African Development Bank approved a $500,000 grant to support a feasibility study for the Kigali Urban Cable Car Project. The project, featuring a 5.5…
The Egyptian Natural Gas Holding Company (EGAS) has awarded six new exploration blocks to a group of international companies. The Egyptian Natural Gas Holding Company (EGAS) allocated six new exploration blocks to international firms. These include four offshore blocks in the Mediterranean and two onshore blocks in the Nile Delta and North Sinai. The awarded…
Ukraine is stepping up its engagement in West Africa with a new offer to provide military training to Mauritanian forces, in a move widely seen as a response to Russia’s expanding influence across the Sahel region. Ukraine proposes military training for Mauritanian forces to counter Russian influence in the Sahel region. This initiative highlights Kyiv’s…
On August 15, Dangote Refinery will send out a fleet of 4,000 Compressed Natural Gas tanker trucks. With over 100 new CNG refuelling hubs, the idea is to deliver petrol and diesel straight from the refinery to retailers, manufacturers, telecoms, and airports. But this isn’t just a publicity stunt. It’s a smart move designed to…
Businesses in Nairobi have shut down, fearing vandalism. This decision is coming in the wake of plans to commemorate the Kenyan anti-bill protest of 2024, which recorded dozens of casualties. The 25th of June marks the first day of the protest’s anniversary. Businesses in Nairobi have temporarily closed due to potential vandalism during the protest…
As the second half of 2025 gets rolling, an increasing number of African countries find themselves in a precarious position, grappling with the profound challenges posed by their extensive debt burdens to the International Monetary Fund (IMF). Business Insider Africa presents the top 10 African countries with the highest debt to the IMF in June…
Nigeria and Brazil have signed a $1 billion agreement aimed at boosting agriculture, food security, energy, and defence in Nigeria, according to Vice President Kashim Shettima. Nigeria and Brazil have signed a $1 billion agreement to enhance agriculture, energy, and defense in Nigeria. The partnership includes deploying mechanized farming equipment and establishing service centers across…
The top four universities on the continent are all based in South Africa, with six of the top ten coming from the country. Egypt also had a strong showing, with three universities making it into the top tier. Business Insider Africa presents the10 best universities in Africa, according to latest ranking. The list is courtesy…
