Nigeria has begun formal discussions with JPMorgan to re-enter the Government Bond Index for Emerging Markets, nearly a decade after being removed due to concerns over foreign exchange (FX) transparency and market liquidity. Nigeria is in formal discussions with JPMorgan to re-enter the Government Bond Index for Emerging Markets. Recent FX reforms have made Nigeria…
Congo has experienced a surge in violence following a major offensive by Rwandan-backed M23 rebels in January, which resulted in the capture of the two largest cities in the eastern region. Congo and Rwanda set to sign agreement in Washington for peace and economic development. Agreement is part of diplomatic effort to end violence after…
The UAE is strengthening its influence in Africa through the delivery of Chinese-manufactured air defense systems to Chad UAE strengthens influence in Africa by delivering Chinese-made air defense systems to Chad FK-2000 air defense systems purchased from China by UAE and transferred to Chad Suspicion surrounding UAE’s involvement in fueling instability through hidden arms transfers…
When we talk about the strength of a country’s economy, one of the first things that comes up is Gross Domestic Product, or GDP. According to the IMF, South Africa is projected to remain Africa’s largest economy in 2025 with a GDP of $410.34 billion. Business Insider Africa presents the top 10 African countries with…
The U.S. Department of State has recently updated its travel warning for several countries in April including four in Africa. The U.S. Department of State issued travel advisories for four African countries in April The affected countries include Ghana, Burkina Faso, Morocco, and Uganda The advisories urge U.S. citizens to exercise caution or avoid travel…
According to the MTN Group, a recent cybersecurity breach has resulted in some of its customers’ personal information being accessed without authorization. MTN Group experienced a cybersecurity breach resulting in unauthorized access to some customers’ personal information. Core network infrastructure, billing systems, and financial services platforms remain secure and fully operational. The extent of the…
The richest man in Africa, Aliko Dangote, has accepted the recent invitation to join the group established by the World Bank to create jobs. Aliko Dangote has accepted an invitation to join the World Bank’s Private Sector Investment Lab. Dangote expressed honor and excitement to be part of the group, committed to sustainable development and…
As the world’s population ages unevenly, there is a striking demographic divide: affluent economies are getting older, while many low-income nations are teeming with youthful energy. Affluent economies are getting older, while many low-income nations are young and energetic. IMF suggests encouraging young people to migrate from low-income countries to aging advanced economies. Advanced economies…
Chevron announced on Thursday that it is considering drilling an exploration well in the Walvis Basin off the coast of Namibia, with plans to begin as early as 2026 or 2027. Chevron plans to drill an exploration well in the Walvis Basin off the coast of Namibia in 2026 or 2027. Namibia has recently become…
