SpaceX CEO Elon Musk announced on Sunday via X that the company’s satellite internet service, Starlink, is now operational in the Democratic Republic of Congo. Starlink, SpaceX’s satellite internet service, is now operational in the Democratic Republic of Congo. The Congolese government reversed an earlier ban and granted Starlink a license, making DRC the latest…
At an investment event in Nigeria’s commercial hub, Lagos, Africa’s richest man, Aliko Dangote, did not mince words, as he noted that the Dangote refinery’s fight against the cabal is still ongoing. Aliko Dangote is still in a fight with the cabal in Nigeria’s oil importation system. Dangote accuses the group of funding resistance to…
In a dramatic scene resembling a famous episode from the past, Kenya’s President William Ruto recently had a shoe tossed at him while addressing the dissatisfaction over rising living costs. Kenya’s President William Ruto had a shoe thrown at him during a speech about rising living costs. The incident was reminiscent of a similar shoe-throwing…
South Sudan has resumed crude oil exports through Sudan’s port after repairing a pipeline damaged during Sudan’s conflict, providing a crucial boost to Juba’s finances South Sudan has resumed crude oil exports through Sudan’s port after repairing a damaged pipeline The resumption of oil exports is crucial for South Sudan’s finances, as it generates 90%…
Egypt’s Suez Canal Economic Zone has signed a 50-year concession agreement with the UAE’s Abu Dhabi Ports Group (AD Ports) to establish a 20-square-kilometre logistics and industrial hub east of Port Said. Egypt’s Suez Canal Economic Zone signs a 50-year concession agreement with UAE’s AD Ports. AD Ports to invest $120 million in initial development…
Tidjane Thiam, a former international banker and leader of Ivory Coast’s main opposition party, has told the BBC he is determined to challenge a court ruling that disqualifies him as a presidential candidate in his home country. Tidjane Thiam is determined to challenge court ruling disqualifying him from running for president in Ivory Coast Thiam…
The President of France made a two-day visit to Madagascar, an island nation off East Africa’s coast, aiming to strengthen bilateral ties and consolidate France’s presence in the Indian Ocean region amid ongoing colonial-era legacy disputes. French President Emmanuel Macron visited Madagascar to strengthen bilateral ties and consolidate France’s presence in the Indian Ocean region…
The Economic and Financial Crimes Commission (EFCC), Nigeria’s corruption watchdog, has initiated a full-scale investigation into a $2.9 billion refinery rehabilitation fund scandal, uncovering over ₦80 billion in accounts linked with the recently sacked Managing Director of a major refinery. EFCC initiates full-scale investigation into a $2.9 billion refinery fund scandal in Nigeria Uncovered over…
Middle Eastern countries have either shown interest in or secured deals worth at least $6 billion in African energy assets in recent weeks, showing the region’s growing investment appetite on the continent. Middle Eastern countries are investing $6 billion in African energy assets. Gulf states diversifying oil and gas portfolios in Africa to buffer against…
