In early August, South African President Cyril Ramaphosa had the unusual opportunity to talk directly and quickly to both Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy. South African President Cyril Ramaphosa engaged in talks with Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy in August and April. These discussions highlighted South Africa’s…
German football giants, Bayern Munich has officially ended its commercial sponsorship agreement with the government of Rwanda, concluding a partnership that had aimed to promote the East African nation as a tourism and investment destination. Bayern Munich concluded its sponsorship agreement with the Rwanda government, transitioning to a developmental partnership. The revised three-year deal focuses…
The United States has announced a $93 million emergency food assistance program for thirteen nations, including twelve in Africa, where conflict, climate shocks, and economic instability have pushed millions into acute food insecurity. The United States announced a $93 million emergency food assistance package aimed at supporting twelve African nations. The package includes 1,209 metric…
After a 27-year hiatus, drilling has resumed at one of West Africa’s oldest offshore oil fields, as Singapore-based Akrake Petroleum spearheads a major redevelopment of the Sèmè field off the coast of Benin. Drilling has resumed at the Sèmè offshore oil field in Benin after a 27-year hiatus, led by Singapore-based Akrake Petroleum. The project…
Sudan, once Africa’s largest country by landmass, could be on the verge of another historic split. Sudan faces potential division as rival administrations led by SAF General Burhan and RSF leader Hemedti establish control over different regions. This conflict stems from a power struggle that escalated into a full-blown war in April 2023, leaving the…
South Africa’s environment minister on Friday upheld a 2017 decision granting state-owned power utility Eskom environmental authorisation to build and operate a 4,000-megawatt nuclear power station in the Western Cape. South Africa’s environment minister confirmed the environmental authorisation for Eskom to build a 4,000-MW nuclear power station. The new facility is planned for Duynefontein, near…
The Dangote Petroleum Refinery has resumed the sale of Premium Motor Spirit (PMS), often known as petrol, following a one-week ban, but at a higher ex-depot price of N850 per litre, up from N820. Dangote Petroleum Refinery resumed PMS sales after a one-week halt. The ex-depot PMS price rose to N850 from N820, a 3.66%…
Zambia has downplayed health concerns following a toxic spill at a Chinese-owned copper mine, after the United States ordered the evacuation of its personnel over contamination fears. Zambia addressed health concerns following a toxic spill from a Chinese-owned copper mine. The spill released 50 million liters of toxic sludge, affecting the Zambezi River and the…
As the world pulls away from the height of the COVID-19 pandemic, the economic wounds inflicted on many African countries remain visible, particularly in countries whose real GDP growth has been slow or flat since 2020. Business Insider Africa presents the top 10 African countries with the slowest recovery in real GDP from the pandemic…
