Nigeria’s Dangote Oil Refinery has reportedly cancelled planned maintenance on its 204,000 barrels-per-day gasoline-producing unit for June. Dangote Oil Refinery canceled planned June maintenance after conducting necessary work during an unplanned shutdown. The refinery commenced production of diesel, naphtha, jet fuel, and gasoline in phases since January last year. Economists forecast the refinery’s operations may…
South African President Cyril Ramaphosa has strongly rejected the refugee claims of a group of white Afrikaners recently being welcomed into the United States. President Cyril Ramaphosa criticized the refugee claims of white Afrikaners accepted into the US under the Trump administration. He reiterated South Africa’s commitment to inclusion and transformation while expressing concerns over…
Egypt is set to reclaim 25 stolen rare antiques following a three-year recovery campaign involving the Manhattan District Attorney’s Office, Egypt’s consulate in New York, and US law enforcement authorities. Egypt recovered 25 rare antiques as part of a three-year campaign involving international law enforcement. These artifacts, spanning millennia, include items such as a gilt…
A number of African nations have been identified as having the highest risk for business-related bribery, according to the latest TRACE Bribery Risk Matrix. The TRACE Bribery Risk Matrix 2025 ranks countries on bribery risk in business contexts. Several African nations face the highest bribery risks due to weak institutional frameworks. Business integrity is linked…
Lesego Chombo, Miss Botswana 2022 and the current Miss World Africa 2024 has become the youngest cabinet minister in Botswana’s history at the age of 27 after she was recently appointed Minister of Youth and Gender by President Duma Boko. Lesego Chombo, Miss Botswana 2022 and Miss World Africa 2024, has been appointed Botswana’s youngest…
French ex-soldiers may be returning to Africa as part of a private security team put together by US billionaire, Eric Prince to protect mining operations in the Democratic Republic of Congo (DRC). French ex-soldiers are being considered for recruitment to secure mining operations in the Democratic Republic of Congo. This initiative is connected to the…
South Africa is set to appoint a new ambassador to the US following the expulsion of former envoy Ebrahim Rasool in March 2025. International Relations Minister Ronald Lamola has confirmed that President Cyril Ramaphosa will name a successor once Special Envoy Mcebisi Jonas lays the groundwork for restoring bilateral ties. South Africa will appoint a…
Mozambique in recent years has been making large investments in its oil sector, with the goal of transforming its energy environment and boosting economic growth. Mozambique is strategically investing in its oil and gas sector to drive economic growth and enhance energy independence. Petromoc has partnered with Nigeria’s Aiteo to establish Mozambique’s first oil refinery,…
In African countries, where economies are frequently susceptible to both internal inefficiencies and external shocks, preserving a healthy general government balance may support long-term development objectives and unlock a multitude of economic advantages. Business Insider Africa presents the top 10 African countries with the highest amount of spare money in 2025. This list is courtesy…
