Doris Adu Gyamfi, the mother of a 15-year-old Ghanaian boy fatally shot in New York, has arrived in the city to attend his funeral and seek justice, six days after he was killed on his way to school. Doris Adu Gyamfi has arrived in New York, six days after her 15-year-old son, Javits Frimpong, was…
OPay’s planned $304 million US listing has stalled after a regulatory inquiry that was later linked to China, disrupting the Nigeria-focused fintech’s attempt to enter the New York market at a valuation of about $4 billion. OPay withdrew its planned US IPO after an inquiry by an unnamed foreign jurisdiction. Bloomberg later reported that a…
The Democratic Republic of Congo is confronting multiple health crises as an anthrax outbreak strikes wildlife in the east while the country continues to battle a devastating Ebola epidemic. In response to the Ebola outbreak, the U.S. has introduced strict new travel rules requiring air travellers arriving in the country to disclose whether they have…
After building a major industrial base in Nigeria and committing billions of dollars to energy and fertiliser projects in East Africa, Nigerian billionaire Aliko Dangote is exploring Egypt as the next frontier for his continental expansion. Nigerian billionaire Aliko Dangote is considering expanding into Egypt to extend his group’s industrial operations across Africa. Dangote Group…
A directive by the Central Bank of The Gambia requiring banks to replace non-Gambian employees with qualified local workers by the end of 2026 has sparked concerns in Nigeria, with 57 Nigerian professionals potentially affected. The Central Bank of The Gambia has ordered banks to replace non-Gambian employees with qualified locals by the end of…
Trade relations between the US and Africa face fresh uncertainty as Washington reassesses its economic ties with the continent. Business Insider Africa examines 19 African countries and their trade figures with the US in 2025, highlighting the value of bilateral trade, major shifts in exports and imports, and the countries running trade surpluses or deficits.…
The UK Financial Conduct Authority has suspended Petra Diamonds’ shares from London trading after the South Africa-focused diamond producer failed to publish its annual financial report by the regulatory deadline. The UK Financial Conduct Authority suspended Petra Diamonds’ listing from 7:30 a.m. on November 2. Trading in the company’s shares on the London Stock Exchange…
The UK government has backed away from a proposal that could have forced thousands of migrant care workers already living in the country to wait up to 15 years before qualifying for permanent settlement, offering relief to overseas employees from Africa and other regions. The UK government has dropped a plan that would have forced…
British International Investment (BII), the UK’s development finance institution, plans to invest approximately £2.25 billion ($3 billion) in some of Africa’s riskiest markets over the next five years, targeting economies largely overlooked by major institutional investors. British International Investment (BII) will inject around £2.25 billion into Africa’s riskiest and most overlooked markets over the next…
