Nigeria has officially secured full membership in the Asian Infrastructure Investment Bank (AIIB), following approval by the Federal Executive Council (FEC) in Abuja. Nigeria has secured full membership in the Asian Infrastructure Investment Bank (AIIB) The membership allows Nigeria to access global infrastructure financing and diversify its development funding sources. The AIIB, headquartered in Asia,…
Canadian miner Fortuna Mining is shifting its focus to Guinea, marking a strategic realignment in West Africa following its exit from Burkina Faso. Fortuna Mining is shifting its focus to Guinea after exiting Burkina Faso due to security risks and regulatory changes. The company is exploring opportunities in Guinea’s gold sector through site visits and…
The UK government is set to tighten visa rules for nationals from countries deemed high-risk for overstaying or making asylum claims. The UK government plans to tighten visa rules for nationals from high-risk countries to curb asylum claims. The move aims to prevent abuse of work and study visas, which are viewed as potential entry…
Africa’s richest man, Aliko Dangote, is expanding his agro-industrial empire into Ghana with the launch of a massive sugar refinery project in Kwame-Danso, Bono East Region. This will enable the country to drastically reduce its sugar import costs and promote local industrial growth. Aliko Dangote is launching a massive sugar refinery project in Ghana’s Bono…
What began as a cause for celebration in Nigeria has turned into one of the most shocking scandals in the country’s oil sector. The rehabilitation of the country’s refineries, intended to make Nigeria’s oil market competitive, has failed to fully materialize. Rehabilitation of Nigerian refineries has turned into a shocking scandal. Passports of officials accused…
The Togolese leader, Faure Gnassingbé, has been appointed to the newly created role of President of the Council of Ministers, a powerful post with no term limits. Faure Gnassingbé has been appointed as President of the Council of Ministers with no term limits. Opposition denounces the move as a ‘constitutional coup’ to allow indefinite stay…
South African gold miner Gold Fields, via its subsidiary Gruyere Holdings, has announced plans to acquire Gold Road Resources in an enhanced deal that values the Australian gold miner’s equity at A$3.7 billion (US$2.39 billion). Gold Fields plans to acquire Gold Road Resources in a deal worth A$3.7 billion. Acquisition will give Gold Fields full…
Infrastructure is frequently regarded as the foundation of sustainable development, regional integration, and economic progress in the twenty-first century, and rail networks have become a part of this essential infrastructure. Business Insider Africa presents the top 10 African countries with the most train tracks. This list is courtesy of Global Firepower. South Africa ranks number…
The latest global health data has revealed the countries with the highest infant mortality rates, shedding light on critical gaps in healthcare access, sanitation, nutrition, and maternal support. Infant mortality rates reveal critical gaps in healthcare access, sanitation, and nutrition Afghanistan has the highest infant mortality rate of 103.1 per 1,000 live births Most countries…
