Nigeria’s daily oil and gas output plunged during a brief nationwide strike by the oil workers’ union PENGASSAN, which ended Wednesday after government-brokered talks with the Dangote Refinery, according to an impact report. Nigeria’s oil and gas output significantly decreased during a brief strike by the PENGASSAN union. The strike followed the dismissal of over…
Strive Masiyiwa, Zimbabwe’s wealthiest individual, has bolstered his family’s control of his telecommunications conglomerate through the appointment of his daughters, Sarah Masiyiwa and Elizabeth Tanya, to senior executive roles within Econet Wireless. Strive Masiyiwa has enhanced his family’s influence in Econet Wireless by appointing his daughters, Sarah and Elizabeth, to senior roles. Sarah Masiyiwa, with…
Ford Motors has confirmed it will cut nearly 500 jobs at its South African plants, citing weakening European demand for its Ranger pickup and the impact of international tax changes that have unsettled its export markets. Ford is retrenching 474 workers across its Silverton (Pretoria) and Struandale (Gqeberha) plants due to weak demand in Europe.…
A protest in Morocco led by a group simply referred to as GenZ 212 has resulted in a few casualties, barely a week after demonstrations began. A protest in Morocco led by GenZ 212 has caused casualties following demands for enhanced education and healthcare. Two protesters died during clashes near Agadir, reportedly due to attempts…
Natie Kirsh, Eswatini’s richest individual and one of Africa’s most prominent billionaires, has seen his net worth fall by $730 million over the past four months due to market revaluations, even as he pursues new international acquisitions. Natie Kirsh has seen a $730 million decline in his fortune over four months, dropping from $10.4 billion…
For Africans who love to travel, the chance to enjoy luxury without breaking the bank has just docked. Imagine two nights of fine dining, five-star service, live entertainment, and sea views, all for just £99 (about ₦180,000, KSh18,000, or R2,200). Cunard’s new Queen Anne cruise ship is offering two-night luxury voyages for just £99. Passengers…
The United States has pledged support for the construction of a $10 billion international airport in Ethiopia, marking President Donald Trump’s first major business initiative in the Horn of Africa. The United States supports a $10 billion international airport project in Ethiopia, demonstrating interest in regional infrastructure. The U.S. Development Finance Corporation and Boeing collaborate…
Global markets witnessed a historic moment on Tuesday, October 1, as the price of gold surged to an all-time high of $3,870 per ounce, igniting a powerful rally across the sector and driving Zijin Gold International’s spectacular market debut in Hong Kong. Gold surged to a record $3,870 per ounce, marking a historic high in…
When most people think of African independence, they envision jubilant crowds celebrating, flags waving, colonial banners being lowered, and the birth of new nations; but as seen in nine countries, these celebrations are far from uniform and often differ in significant ways. Ethiopia, one of the few uncolonized nations, commemorates its sovereignty through events like…
