Nigeria’s government has moved to stabilise aviation operations by capping jet fuel prices and allowing airlines to purchase fuel on credit, according to a government document seen by Reuters, as authorities seek to prevent flight disruptions driven by rising costs. The Nigerian government is capping jet fuel prices and allowing airlines to buy on credit…
The Democratic Republic of the Congo (DRC) is taking a dramatic move to protect its massive mineral wealth by announcing plans to build a new paramilitary force to police its mining sector. The Democratic Republic of the Congo plans to create a paramilitary force to police its mining sector, supported by US and UAE funding.…
The government of the Democratic Republic of Congo (DRC) has signed a gold supply agreement with UAE-based Paradigm Holdings, marking a fresh step in efforts to expand the Central African nation’s access to global bullion markets through Dubai. The Democratic Republic of Congo has signed a gold supply agreement with UAE-based Paradigm Holdings to strengthen…
The United States is increasingly turning to Africa to secure the critical minerals needed to power its economy, with countries like Gabon and South Africa emerging as key suppliers. The United States increasingly sources critical minerals from Africa, especially from Gabon and South Africa. Gabon supplies all of the U.S.’s manganese, while South Africa provides…
High inflation, as evidenced by fast-rising Consumer Price Index (CPI) levels, continues to be one of the most serious economic difficulties confronting various African countries. High inflation, shown by rapidly rising CPI, remains a serious economic challenge for several African nations. Persistent inflation leads to widespread price instability, reducing consumer purchasing power and straining government…
The Democratic Republic of the Congo and Zambia are strengthening Africa’s position on the global copper map, as rising demand for the metal reshapes the minerals economy. The DRC and Zambia are strengthening Africa’s role in global copper production amid growing demand. The DRC is now among the top four countries for copper reserves, expanding…
The United States has renewed and expanded a key export financing scheme to strengthen agricultural trade with Nigeria, as bilateral commerce between the two countries continues to grow. The United States has reinstated a key export credit programme to boost agricultural trade with Nigeria. Bilateral trade between the two countries reached $15 billion in 2025,…
The HelloSafe Prosperity Index 2026 ranks Africa’s most prosperous nations, with Seychelles taking a clear lead at 98.09, followed by Mauritius (77.09) and Algeria (54.24). Business Insider Africa presents the richest African countries in 2026. The list is courtesy of HelloSafe Prosperity Index 2026. Seychelles tops the ranking by a wide margin, reflecting its high-income…
South Africa and Nigeria have emerged among the world’s top 10 outsourcing destinations, highlighting Africa’s growing role in the global business services industry as companies increasingly look beyond traditional hubs in Asia and Eastern Europe. South Africa and Nigeria are ranked among the world’s top 10 outsourcing destinations, reflecting Africa’s growing role in global business…
