Nigeria has awarded its first-ever floating solar power project to China Civil Engineering Construction Corporation (CCECC), marking a major step in the country’s renewable energy transition. Nigeria has launched its first floating solar power project, a 7-megawatt facility, through an award given to the China Civil Engineering Construction Corporation (CCECC). The solar installation will provide…
As the new year begins, African countries with limited exposure to International Monetary Fund (IMF) debt have a subtle but significant advantage. African countries with limited exposure to IMF debt hold a strategic advantage due to enhanced financial flexibility. Minimal IMF debt provides policy autonomy, enabling governments to address local economic challenges effectively. Low reliance…
A new artificial intelligence-driven health initiative backed by the Gates Foundation and OpenAI has triggered intense debate across Africa, underscoring long-standing trust issues that continue to shape public reactions to foreign-funded health interventions. The Gates Foundation and OpenAI have launched a $50 million AI-driven health partnership targeting African healthcare systems. Rwanda will serve as the…
White farmers in Zimbabwe have pinned their hopes on the United States’ president, Donald Trump, to help fast-track the compensation they were promised after a violent revolt in the 2000s led to the confiscation of their lands. White farmers in Zimbabwe, impacted by the violent land seizures in the 2000s, are seeking U.S. intervention to…
African airlines, particularly those based in South Africa, have emerged as one of the strongest performers for punctuality in the Middle East and Africa, according to Cirium’s 2025 On-Time Performance Report. Business Insider Africa presents the most punctual African airlines. Safair, a South African airline, achieved the highest on-time arrival rate in the Middle East…
U.S. President Donald Trump said he hopes to bring together the leaders of Egypt and Ethiopia to negotiate a resolution to the dispute over Ethiopia’s Grand Renaissance Dam, a project that Egypt and Sudan view as a serious threat to their vital water supplies. U.S. President Donald Trump suggested mediating the Nile Water Sharing dispute…
The Uganda National Oil Company (UNOC) and Alpha MBM Investments LLC, a firm based in Dubai, recently signed a significant $4 billion agreement for the construction of an oil refinery. The Uganda National Oil Company (UNOC) has partnered with Dubai-based Alpha MBM Investments LLC for a $4 billion refinery project. UNOC will own a 40%…
South Africa’s Nedbank Group has made an offer to acquire a 66% stake in Kenya’s NCBA Group in a cash-and-share transaction valued at 13.9 billion rand ($855.5 million). Nedbank Group, a South African banking entity, has proposed acquiring a 66% stake in Kenya’s NCBA Group for 13.9 billion rand. This transaction includes a blend of…
A Zambian energy trader is planning to invest $100 million in a power transmission line linking Zambia to its neighbouring country, Tanzania. A power transmission line connecting Zambia to Tanzania is proposed by Zambian energy trader Kanona Power Co., with an investment of $100 million. This project aims to support Zambia’s copper mine industry by…
