South Africa has been named the fourth-best country in the world for travel in the 2025 Telegraph Travel Awards, emerging as the highest-ranked African nation on the list. Business Insider Africa present the African countries ranked among the best on earth. The list is courtesy of Telegraph Travel Awards. South Africa’s enduring popularity was highlighted…
Rwandan President Paul Kagame has replaced Prime Minister Edouard Ngirente in a broader leadership reshuffle, signalling a notable shift in the country’s executive structure. Rwandan President Paul Kagame has replaced Prime Minister Edouard Ngirente with Justin Nsengiyumva, a former banker. Nsengiyumva has expressed his commitment to advancing Rwanda’s national priorities under Kagame’s vision. The reshuffle…
Aliko Dangote, Africa’s richest man and President of the Dangote Group, has raised concerns about the growing logistical and regulatory challenges that are undermining the competitiveness of Nigeria’s $20 billion Dangote oil Refinery. Aliko Dangote highlighted regulatory and logistical complications affecting operations at Nigeria’s Dangote Refinery. Local oil marketers face higher costs due to port…
Angola’s oil-backed debt to China is expected to decline to between $7.5 billion and $8.0 billion by year-end, according to the head of the country’s debt management office. Angola’s oil-backed debt to China is projected to decrease to between $7.5 billion and $8.0 billion by year-end. The country has halted new oil-backed loans from China…
A major ownership shake-up is underway at South Africa’s MultiChoice following the Competition Tribunal’s approval of a $3 billion takeover bid by French media giant Canal+. The Competition Tribunal of South Africa has allowed Canal+ to proceed with acquiring the remaining 55% of MultiChoice, granting it full ownership. The deal, valued at $3 billion, includes…
Egyptian Foreign Minister Badr Abdelatty met with the president of Burkina Faso, Ibrahim Traoré, earlier this week and delivered a written message from Egyptian President Abdel Fattah El-Sisi in a major move, geared towards strengthening pan-African unity. Egyptian Foreign Minister Badr Abdelatty delivered a letter from President El-Sisi to Burkina Faso’s President Ibrahim Traoré. The…
A recent report indicates that Zimbabwe’s economy is fueled by the informal sector, with more than three-quarters of all economic activity taking place outside of established legal frameworks. Zimbabwe’s economy predominantly operates within the informal sector, comprising over 75% of economic activity. This trend arises from decades of economic issues, such as job shortages, inflation,…
South Africa faces mounting diplomatic pressure from the United States after a key congressional committee advanced a bill aimed at reassessing bilateral relations and potentially imposing sanctions. The United States is reevaluating its diplomatic relations with South Africa The ‘U.S.-South Africa Bilateral Relations Review Act’ seeks to impose sanctions on certain South African government officials…
Ghana is poised to launch a groundbreaking economic policy dubbed the 24-Hour Economy and Accelerated Export Development Programme, or 24H in July 2025. Ghana plans to launch the ’24-Hour Economy and Accelerated Export Development Programme’ in 2025 to boost productivity and economic growth. The $4 billion initiative will receive $300-$400 million in government funding to…
