Africa’s richest man, Aliko Dangote, has urged Africans to adopt bold thinking and a long-term mindset, asserting that the continent could be transformed into a “heaven” within just five years. Aliko Dangote, Africa’s richest man, advocates for bold thinking and long-term vision to transform the continent within five years. Dangote emphasized that Africans must believe…
Uganda’s President Yoweri Museveni is seeking re-election, aiming to extend his nearly four-decade rule with another term in office. President Yoweri Museveni of Uganda seeks reelection to extend his nearly four-decade tenure. At 80 years old, Museveni has amended the constitution twice to maintain his presidency. The president’s economic vision aims to grow Uganda’s GDP…
China and Senegal have deepened their long-standing bilateral partnership with renewed economic and political partnership, and cultural cooperation, highlighting the growing depth of China’s influence within the Global South. China and Senegal have enhanced their bilateral relationship through renewed cooperation agreements. High-level meetings focused on achieving outcomes from the 2024 Forum on China-Africa Cooperation. Senegal…
The UK government has officially withdrawn its support for the £25 billion ($34.4 billion) Morocco-UK Power Project, a pioneering plan to harness solar and wind energy from the Sahara Desert and transmit it to Britain via the world’s longest subsea power cable. The UK government has withdrawn support for the £25 billion Morocco-UK Power Project…
The British High Commission has handed over two PAC 22 Interceptor Boats to the Gambia Navy, reinforcing growing defense ties and boosting the country’s maritime security capacity. The British High Commission has gifted two PAC 22 Interceptor boats to the Gambia Navy to enhance maritime security. The donation represents strengthened defense ties and the UK’s…
Starlink has resumed internet service sign-ups in Lagos and several other African countries after a multi-month pause prompted by overwhelming demand and network congestion Starlink has resumed new subscriber sign-ups in Nigeria and other African nations after a suspension caused by high demand and network limitations. Starlink users in cities such as Lagos, Abuja, and…
The International Monetary Fund (IMF) has approved a total disbursement of about $448.4 million to Tanzania following the completion of reviews under two key lending arrangements, in recognition of the country’s continued economic improvement and reform progress. The IMF approved a $448.4 million disbursement to Tanzania under key lending arrangements due to economic improvements. Tanzania’s…
Africa could become self-sufficient in fertilizer production within the next 40 months, according to Nigerian billionaire Aliko Dangote. Aliko Dangote projects Africa’s self-sufficiency in fertilizer production within 40 months. Dangote fertilizer plant’s planned expansion aims to boost production capacity and reduce reliance on imports. Enhancing local fertilizer production could address intra-African supply gaps and improve…
Dangote’s decision to move forward with the listings of the oil and fertilizer refinery reflects the conglomerate’s broader strategy to attract new investors and unlock greater value for shareholders. Aliko Dangote plans to list his Nigerian oil refinery on the stock market by the end of 2026. The Group also plans to list its urea…
