The fuel scarcity scare in Africa’s most populous country, Nigeria, which seemed to have begun this week, has been nipped in the bud, subsequent to high-level deliberations. Fuel scarcity issues in Nigeria have been resolved through negotiations between Dangote Refinery and NUPENG. A two-day strike led by NUPENG highlighted concerns over union rights for drivers…
U.S. President Donald Trump’s decision to skip the upcoming G20 Leaders’ Summit in South Africa is unlikely to diminish the event’s significance or South Africa’s leadership, experts say. President Donald Trump will not attend the G20 Leaders’ Summit in South Africa, sending Vice President JD Vance instead. The summit will address various global issues such…
Wars and coups are slowing down democracy in many African countries, according to a new global report. The Global State of Democracy 2025 report, published by the Stockholm-based International Institute for Democracy and Electoral Assistance (International IDEA), studied how democracy performed in 173 countries in 2024. It found that many African countries are now less…
Egypt’s debt repayment, fueled by a dip in inflation, has been lauded as a significant milestone by the country’s Prime Minister, Mostafa Madbouly. Egypt’s Prime Minister announced the country’s economic recovery and reduced economic challenges. Inflation rates have experienced a consistent decrease since 2023, indicating economic stabilization. External debt policies and financial assistance aided Egypt’s…
The swift global adoption of AI, alongside Africa’s rapid tech growth, increasingly suggests the feasibility of an AI factory on the continent. The Aeonian Project aims to establish an AI factory in Africa, leveraging advanced computing infrastructures to retain data processing locally. The project will use surplus electricity from Uganda’s Karuma power plant to power…
Ghana has become the latest African nation to accept deportees under President Donald Trump’s immigration policy, with 14 West African migrants arriving in Accra following their removal from the United States. Ghana has agreed to accept deportees under President Trump’s immigration policy, serving as a transit hub for returning migrants to their home countries. A…
South Africa’s energy regulator has apologised for a 54 billion-rand ($3.1 billion) blunder in calculating electricity tariffs, a mistake that will be passed on to consumers. South Africa’s energy regulator, Nersa, apologised for a $3.1 billion mistake in calculating electricity tariffs. The error, attributed to a data input issue identified by Eskom, led to adjustments…
Saudi-based Vision Invest has invested $700 million in pan-African industrial developer ARISE Integrated Industrial Platforms (ARISE IIP), the company announced on Wednesday. Saudi-based Vision Invest has invested $700 million in ARISE Integrated Industrial Platforms (ARISE IIP). This transaction represents one of the largest private infrastructure deals in Africa. Vision Invest’s funds will support the development…
