The military-led governments of Mali, Niger, and Burkina Faso plan to allocate a portion of their national revenues to a newly established investment bank. Mali, Niger, and Burkina Faso plan to establish an investment bank funded by a portion of national revenues. They aim to reduce reliance on foreign donors and focus on self-directed development…
A weak currency can significantly deter economic stability and growth prospects in African countries as the world becomes more of a global village. Business Insider Africa presents the top 10 African countries with the weakest currencies in July 2025. This list is courtesy of the Forbes currency calculator. São Tomé & Príncipe ranks number 1…
FC Barcelona has announced a four-year strategic sponsorship agreement with the government of the Democratic Republic of the Congo (DR Congo), becoming the third elite European football club, after AC Milan and AS Monaco, to formalize a partnership with the Central African nation. FC Barcelona signed a four-year partnership deal with the Democratic Republic of…
Following accusations of the Aliko Dangote preference for foreign partnerships, Africa’s richest man recently announced that Nigerians would soon be able to own shares in the Dangote Refinery. Aliko Dangote announced plans to list the Dangote Refinery on the stock exchange to enable Nigerians to become shareholders. Speaking at a conference in Abuja, he emphasized…
