Low purchasing power has come to be seen as one of the most fundamental and destabilizing issues confronting several African cities. Low purchasing power is a growing issue in African cities, driven by inflation and currency depreciation. Governments employ subsidies and emergency borrowing, but these attempts often fail to address fundamental economic weaknesses. Economic stagnation…
France provided intelligence and logistical assistance to Benin to help foil Sunday’s coup attempt. France aided Benin in foiling a coup attempt with intelligence and logistical support. Benin successfully thwarted a mutiny on Sunday, as announced by its President. Collaboration included Nigeria providing military support at Benin’s request. The situation highlights democratic challenges in West…
The chief executive of South Africa’s retail giant, Woolworths, sold roughly R36.85 million (about $2.16 million) in company stock on 5 December 2025, a move that comes as the firm faces growing scrutiny over executive remuneration. Woolworths CEO Roy Bagattini has sold shares worth about R36.85 million, adding pressure to an already heated debate over…
A C-130 aircraft transporting 11 Nigerian servicemen is reportedly being detained in Burkina Faso following accusations of airspace violation. A Nigerian military aircraft, carrying 11 personnel, is detained in Burkina Faso for alleged airspace violation. Burkina Faso, a member of the Alliance of Sahel States, claims the aircraft’s presence was an unfriendly act that breached…
The problems of high rent and soaring rent indices have grown more apparent in African cities as 2025 draws to a close. Housing expenses dominate budgets for urban dwellers, affecting financial and social dynamics. High rents impact mobility as people choose distant housing, influencing commute costs and productivity. Businesses face challenges due to commercial rent…
Bolttech, a Singaporean insurance tech firm, has acquired Kenyan digital insurance platform mTek in a deal that marks a significant push into Africa’s fast-growing protection market. Bolttech has acquired the Kenyan insurtech platform mTek as part of a broader strategy to deepen its presence in Africa. The deal positions Nairobi as a key regional hub…
The Nigerian government has revealed its fighter jets and ground forces helped Benin’s army thwart an attempted coup in Cotonou, marking the latest flashpoint in a region increasingly destabilised by military uprisings. Nigeria’s armed forces supported Benin’s military in quelling a coup attempt in Cotonou. Benin requested air and ground military aid from Nigeria to…
China has offered a significant boost to Nigeria’s export ambitions after its ambassador in Abuja, Yu Dunhai, announced that Beijing is prepared to fast-track a zero-tariff policy for Nigerian goods ahead of schedule. China has announced it will fast-track zero-tariff access for Nigerian exports, strengthening bilateral trade. The announcement came during a meeting between Ambassador…
South Africa has been included among eight countries set to enjoy visa-free access to Bolivia, a move seen as recognition of its growing influence on the global stage. South Africa is now among eight countries granted visa-free access to Bolivia in recognition of its growing global influence. Bolivia’s new policy aims to foster pragmatic international…
