Dr. Awele Vivien Elumelu, a soft-spoken, low-profile business executive and investor, has been appointed chair of the board of Transcorp Hotels Plc, one of Africa’s most prominent hospitality companies. Dr. Awele Vivien Elumelu has been appointed chair of the board of Transcorp Hotels Plc from January 1, 2026. Transcorp Hotels Plc is a prominent Nigerian…
As African cities continue to develop rapidly, housing affordability has emerged as one of the most pressing concerns affecting urban life across the continent. African cities are witnessing rapid urban development, impacting housing affordability. The Price-to-Rent Ratio (P/R Ratio) is a key metric to compare the financial prudence of renting versus purchasing properties. A low…
South Africa has barred seven Kenyan nationals from entering the country for five years following their involvement in operations at a U.S.-run facility for Afrikaner refugees. South Africa has barred Kenyan nationals from entering for five years after arrests involving illegal work at a refugee application center. The deportations occurred following intelligence reports that identified…
Africa’s fuel market evolved dramatically in 2025, owing to refinery expansions, price volatility, export milestones, and changing supply tactics in many important oil-producing countries on the continent. Nigeria’s Dangote Petroleum Refinery played a pivotal role in Africa’s fuel market developments in 2025. Africa’s fuel affordability varied widely, influenced by local refineries, government policies, and global…
Diageo, the world’s largest spirits maker, has agreed to sell its stake in East African Breweries Ltd. to Japan’s Asahi Group Holdings Ltd. for $2.3 billion. Diageo is selling its 65% stake in East African Breweries Ltd. to Japan’s Asahi Group Holdings Ltd. for $2.3 billion. The sale includes shares in East African Breweries and…
The United States has expanded its travel restrictions to include several countries, targeting states aligned with the Alliance of Sahel States (AES) alongside Nigeria and other African nations. President Trump outlined new U.S. entry restrictions targeting several countries, including African nations and Syria The restrictions aim to enhance national security by improving vetting, information-sharing, and…
Econet Wireless Zimbabwe Ltd. has moved to delist from the Zimbabwe Stock Exchange, after years of trading at a steep valuation discount to regional peers. Econet Wireless Zimbabwe Ltd. plans to delist from the Zimbabwe Stock Exchange, citing undervaluation compared to regional peers. The company intends to restructure by spinning off its infrastructure assets into…
Across the world, the internet has become central to how people work, learn, bank, and stay connected. Yet for hundreds of millions of people, especially in Africa, going online is still not part of daily life. The internet has become vital globally, but significant portions of populations, notably in Africa, remain offline. We Are Social’s…
South Sudan has grounded four aircraft linked to United Nations operations, citing security risks and suspected involvement in smuggling, in a move that has raised fresh concerns over aviation safety and relations with international partners. South Sudan has grounded four UN-operated aircraft over security concerns and alleged smuggling accusations. Investigations revealed potential unauthorized surveillance systems…
