Hopes for a common BRICS currency have been put on hold for now, with the bloc instead pushing ahead with plans to settle more trade and investment in members’ local currencies. BRICS has paused plans for a single common currency and is now focusing on increasing the use of local currencies in trade. The bloc…
Travellers paying as much as $120,000 to visit Antarctica will soon fly from South Africa using jet fuel made partly from used cooking oil and other biological waste. Sasol will supply locally produced sustainable aviation fuel for luxury flights from Cape Town to Antarctica. White Desert offers Antarctic trips costing between $16,500 and $120,000. The…
During a recent viral interview, Dangote has revealed that an investment of ₦100,000 (about $76 USD) in the Dangote Petroleum Refinery could turn Nigerian investors into a millionaire within one to two years. Dangote stated that a ₦100,000 investment in Dangote Petroleum Refinery shares could turn investors into millionaires. The IPO offers 4.1 billion shares…
South African President Cyril Ramaphosa says his government is working to restore direct flights with India more than 11 years after the last non-stop service ended, as Africa’s largest economy seeks deeper trade, tourism and investment ties with the Asian giant. South African President Ramaphosa announced plans to restore direct flights between South Africa and…
Yesterday, Business Insider Africa reported about the crashes of Bamboo app as investors scramble to get a share of Dangote IPO, and now Cowrywise, another one of Nigeria’s most popular investment platforms, has reportedly suffered a breakdown under a massive wave of traffic. Cowrywise crashed due to unprecedented investor traffic during the Dangote IPO retail…
Dangote Refinery’s historic initial public offering (IPO) has put a spotlight on a little-known company sitting at the top of its corporate ownership structure, with a direct stake worth more than $3 billion. Greenview International Corporation is revealed as the ultimate parent company of Dangote Refinery in the IPO prospectus. Greenview owns a direct 6.496%…
A few days ago, Business Insider Africa reported that Saudi Arabia had temporarily shut down a 1,200-kilometer pipeline after drone attacks from Iran. In a recent development, however, Saudi Arabia announced that it has decided to choose diplomatic condemnation over immediate military action. Saudi Arabia temporarily shut down a major oil pipeline after drone attacks…
Libya’s internationally recognised government has denied claims that Ukraine is using its territory to launch drone attacks against Russian vessels, pushing back against reports that the Russia-Ukraine war is spilling deeper into North Africa. Libya’s internationally recognized government has denied reports that Ukraine is using Libyan territory to launch drone attacks against Russian vessels. CNN…
Global leaders from major emerging economies, including Brazil, Russia, India, China, South Africa, Iran, Saudi Arabia, and the United Arab Emirates, have arrived in New Delhi, India for the 18th BRICS Summit held at Bharat Mandapam on September 12 and 13, 2026. Global leaders from the expanded BRICS group, now including 11 member states, convened…
