The Grand Ethiopian Renaissance Dam (GERD), which has been a source of contention between Ethiopia and Egypt, has been completed. The Grand Ethiopian Renaissance Dam has been completed and is set for inauguration in September, as announced by Ethiopian Prime Minister Abiy Ahmed. Ethiopia emphasizes that the dam is an opportunity for regional development and…
Several African countries’ health systems remain critically vulnerable to the fallout from President Donald Trump’s ongoing efforts to scale back U.S. foreign assistance, most notably through the dismantling of the U.S. Agency for International Development (USAID). Several African countries are critically vulnerable due to reduced U.S. foreign assistance, particularly from cuts to USAID programs. For…
South Africa and Egypt are the only African nations to feature in the latest ranking of emerging markets for foreign direct investment (FDI) confidence in 2025. South Africa and Egypt are the only African nations in the 2025 FDI confidence ranking. South Africa improved from 11th to 7th globally, with a score of 1.48 and…
African startups collectively secured $1.35 billion in funding during H1 2025, a 78% surge from the $800 million raised in the same period last year. African startups raised $1.35 billion in H1 2025, a 78% increase from the same period in 2024. June 2025 was the strongest funding month in nearly a year, with $365…
As 2025 passes its mid-point, Africa continues to pursue economic growth, attract foreign investment, and uplift its population, but one persistent challenge remains a serious threat to progress: a high crime index. Business Insider Africa presents the top 5 most dangerous African countries mid-way into 2025. This list is courtesy of Numbeo. South Africa ranks…
US President Donald Trump will hold the inaugural African Leaders’ Summit of his second term next week in Washington, D.C., marking a watershed moment in his administration’s relationship with the continent. US President Donald Trump is hosting an African Leaders’ Summit in Washington, D.C., to enhance relations with African nations. Presidents from Gabon, Guinea-Bissau, Liberia,…
Ethiopia has reignited plans to construct what could become the tallest skyscraper in sub-Saharan Africa, marking a bold signal of the country’s long-term vision for economic transformation and urban modernization. Ethiopia plans to construct the tallest skyscraper in sub-Saharan Africa, the $445 million EEP tower. The 62-storey building will be located in Addis Ababa’s Kirkos…
Africa is losing an estimated US$88.6 billion annually to illicit financial flows, according to a recent report by Ghana’s Financial Intelligence Centre (FIC). Africa loses an estimated $88.6 billion annually to illicit financial flows, impacting economic development. Ghana achieved 42 convictions for money laundering-related offences in 2023, reflecting progress in combating these issues. Efforts include…
French uranium miner Orano has warned that its majority-owned joint venture in Niger is nearing bankruptcy. French uranium miner Orano highlights SOMAIR’s financial distress due to Niger’s export restrictions post-military coup. Niger, producing 4% of global uranium, crucially supplies Orano but now faces political change affecting mining operations. In December, Orano lost operational control of…
