The Trump administration has begun recalling U.S. ambassadors from Nigeria, Uganda and 13 other African countries, marking one of the most sweeping diplomatic shake-ups since President Donald Trump returned to office. The Trump administration is recalling U.S. ambassadors from 15 African countries, including Nigeria and Uganda Career diplomats, rather than political appointees, are notably being…
Across Africa, the cost of living has emerged as a key predictor of economic well-being, social stability, and political confidence. The cost of living is a crucial factor affecting economic and social stability in Africa. Inflation and rising import costs compel higher spending on essentials like food and energy. Affordable living conditions enhance well-being and…
Fitch Ratings has pushed Gabon deeper into junk territory, citing widening fiscal deficits and weakening investor appetite for the country’s debt. Fitch Ratings downgraded Gabon’s long-term foreign-currency rating to CCC- from CCC due to fiscal challenges. Reasons cited include widening budget deficits, limited regional debt market access, and heavy debt repayments. Investor interest in Gabonese…
French nuclear giant, Orano, says 1,600 tonnes of uranium stockpiled before nationalisation may have been moved, prompting Paris to launch a criminal probe amid Niger junta’s push to sell strategic minerals. Orano, a French nuclear company, suspects that 1,600 tonnes of uranium stockpiles in Niger were moved without authorization. The French prosecutor has launched an…
Mali, Burkina Faso and Niger have launched a joint military force to counter Islamist insurgencies in the Sahel, highlighting growing security and political tensions in West Africa as Nigeria seeks to assert itself as a regional stabiliser. Mali, Burkina Faso, and Niger formed a joint military force, FU‑AES, to counter Islamist insurgencies in the Sahel…
Nigeria’s push to rebuild domestic energy capacity received a major boost after Heirs Energies secured a $750 million financing facility from the African Export-Import Bank, one of the largest Africa-backed energy deals closed this year. Heirs Energies secured a $750 million financing facility from Afreximbank to expand domestic energy production in Nigeria. The funding aims…
For a few African countries, 2025 was characterized by acute fuel shortages, skyrocketing energy costs, and crippling supply disruptions that impacted everything from national security to education and economic stability. The Central African Republic had the highest fuel prices, with Zimbabwe, Malawi, Seychelles, Sierra Leone, Burkina Faso, Senegal, Cameroon, Uganda, Morocco, and Kenya often in…
Nigeria’s Lekki Deep Sea Port has registered roughly 13.46 trillion naira in combined imports and exports over the first nine months of 2025, equivalent to about $9.3 billion at current exchange rates. Lekki Deep Sea Port processed an estimated $9.3 billion worth of trade in its first nine months of the year. The performance has…
The global cryptocurrency industry lost more than $3.4 billion to theft in 2025, with North Korea-linked actors responsible for the majority of the stolen funds, according to Chainalysis’ latest Crypto Crime Report. The global cryptocurrency industry lost $3.4 billion to theft in 2025, with North Korean actors responsible for a significant portion. Africa’s rapidly expanding…
Johannesburg-born 108-year-old Anglo American Plc, a diversified global mining company, has received Canadian regulatory approval to merge with Canada’s Teck Resources Ltd., creating a $69 billion mining powerhouse and one of the largest transactions on record. Anglo American Plc, founded in South Africa, announced a merger with Canada’s Teck Resources Ltd., forming a $69 billion…
The Central African Republic (CAR) has embraced opaque cryptocurrency initiatives that may expose state assets to foreign criminal networks. The Central African Republic (CAR) adopted Bitcoin as legal tender in 2022, becoming the first African nation to take this step. President Faustin-Archange Touadéra supports cryptocurrencies, claiming they will fund infrastructure and development projects. The GI-TOC…
Through a combination of nuclear agreements, cultural exchanges, economic partnerships, and military cooperation, Russia is increasing its presence in Africa as the continent continues to chart its path toward greater economic self-reliance. Russia is deepening its presence in Africa through nuclear agreements, cultural exchanges, commercial partnerships, and military cooperation. Sergey Vershinin expressed Russia’s goal to…
Burkina Faso has released 11 Nigerian Air Force (NAF) pilots and crew members nine days after their detention, following high-level diplomatic intervention by the Nigerian government, easing tensions that had threatened to escalate into a wider diplomatic dispute between the two West African neighbours. Burkina Faso released 11 Nigerian pilots and crew after a diplomatic…
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…
Elon Musk’s debacle with South Africa, concerning his satellite internet service, Starlink, continues to linger, with some of the country’s parliamentary members maintaining their objections. South African parliamentary members oppose SpaceX’s Starlink due to ICT licensing concerns. Economic Freedom Fighters demand compliance with local laws ensuring 30% Black ownership. A proposal to adjust regulations for…
An Indian billionaire and six other international groups have entered the race to deliver South Africa’s long-awaited $25 billion electricity transmission upgrade, a project seen as critical to fixing one of Africa’s most constrained power systems. South Africa has pre-qualified seven global consortia for its $25 billion electricity grid expansion. Indian billionaire Gautam Adani’s power…
Nigeria has awarded permits to 28 companies to capture and commercialise gas that is currently being flared by the oil industry, in a bid to reduce emissions and generate revenue from a previously wasted resource. Nigeria has granted permits to 28 companies to capture flared gas from oil operations to reduce emissions and generate revenue.…
Africa’s housing deficit remains one of the continent’s most pressing development challenges, driven by rapid population growth, accelerating urbanisation, and rising construction costs. African housing leaders have warned that rapid urbanisation and population growth are widening the continent’s housing gap. Namibia announced plans to build 50,000 homes this financial year under a presidential directive. Nigeria’s…
Canada has issued a travel advisory urging its citizens to exercise a high degree of caution when visiting South Africa, citing persistent violent crime and personal safety risks. The advisory highlights threats including violent and petty crime, road crime, and airport-related theft. Canada has issued a travel advisory urging caution when visiting South Africa due…
South Africa’s Border Management Authority has disrupted two suspected human trafficking operations at OR Tambo International Airport, intercepting 30 foreign nationals whose travel patterns and documents raised red flags for border officials. South Africa’s Border Management Authority has intercepted 30 foreign nationals at OR Tambo International Airport in two suspected human trafficking cases. Fourteen Ethiopians…
South Africa’s rand firmed in early Friday trading, helped by stronger gold prices as investors positioned themselves for a busy week of economic data. South Africa’s rand firmed against the dollar, supported by a rally in global gold prices. Investors are watching November inflation data due on 17 December for clues on economic momentum. Analysts…
The Dangote Petroleum Refinery has received its second-ever crude shipment from Ghana, coinciding with a sharp drop in its crude imports from Europe. The Dangote Petroleum Refinery received its second crude shipment from Ghana, Sankofa grade, adjusting its feedstock mix amidst reduced European imports. Between September and November, daily crude deliveries averaged 380,000 barrels, a…
The Aliko Dangote Foundation, chaired by Africa’s richest man, has committed ₦1 trillion ($688 million) to strengthening Nigeria’s education sector over the next decade. The Aliko Dangote Foundation committed ₦1 trillion ($688 million) over a decade to strengthen Nigeria’s education sector. The initiative will start by supporting 45,000 students and scale to 1.33 million beneficiaries,…
Egypt’s Civil Aviation Ministry has launched a tender for private companies to manage, operate, and develop Hurghada International Airport. Egypt’s Civil Aviation Ministry is tendering to private companies for operating and developing Hurghada International Airport. This initiative aims to involve private operators in managing 11 Egyptian airports while retaining public ownership. Hurghada International, Egypt’s second-busiest…
Mali has ordered the payment of 312 billion CFA francs ($554 million) to local companies to settle arrears for services provided in 2023 and 2024. Mali has authorised payment of 312 billion CFA francs to local companies to settle outstanding dues for services provided in recent years. This payment follows the recovery of 761 billion…
Nigeria increased its petrol supply in November 2025 to meet end-of-year demand, even as key state-owned refineries remained shut and consumers continued to grapple with high pump prices, the latest fact sheet from the Nigerian Midstream and Downstream Petroleum Regulatory Authority showed. Nigeria increased petrol supplies in November 2025 to meet holiday demand, despite key…
Several West African countries have been called out for failing to enforce rulings from the ECOWAS Community Court of Justice, raising concerns over human rights protections, even as the region faces a surge in coups, attempted coups, and escalating insecurity. ECOWAS Court of Justice faces challenges with enforcement of its rulings, reflecting broader governance issues…
Last week, Rwanda and the Democratic Republic of Congo (DRC) finalized a peace accord in Washington, spearheaded by U.S. President Donald Trump. Rwanda and the Democratic Republic of Congo reached the Washington Accords to end decades-long hostilities. Despite the accord, renewed conflict displaced over 200,000 people and caused casualties in eastern DRC. M23 rebels expanded…
The Economic Community of West African States is set to abolish all air ticket taxes across the region from 1 January 2026, marking one of the bloc’s most significant transport reforms in recent years. ECOWAS has approved a landmark policy to eliminate all air ticket taxes across West Africa starting in January 2026. The reform…
South African retail giant Mr Price is set to make its European debut with the acquisition of German value retailer NKD Group GmbH in a deal worth $570 million. South African retail giant Mr Price plans to acquire German-based retailer NKD Group GmbH for up to $570 million. The acquisition aims to expand Mr Price’s…
Russia’s growing influence in Africa, encompassing military, economic, and social cooperation, shows no signs of slowing down, a trend underscored by an Egyptian official’s assessment that the Russian language may soon gain broader adoption within his nation. Egyptian universities plan to increase Russian language studies nationwide as part of their curricula. Currently, 12 universities in…
After a record-breaking 2025, Nigerian industrialist Abdulsamad Rabiu not only climbed the African billionaire rankings but also treated himself to the ultra-luxurious Bombardier Global 8000 aircraft. Abdulsamad Rabiu, a Nigerian industrialist, has significantly expanded his wealth to $8.5 billion in 2025, becoming the fourth richest in Africa. He purchased the Bombardier Global 8000, the fastest…
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…
One of Africa’s largest gold producers, South Africa, has opened a new gold underground mine, with the intention of capitalizing on gold’s rising prices. South Africa has commissioned a new underground gold mine, the first in 15 years, to embrace rising gold prices. Global gold prices have reached unprecedented levels, influenced by trade tensions and…
The United States has moved to enforce its threat, snubbing South Africa at the upcoming G20 summit and instead extending an invitation to a major European ally, Poland. The US excluded South Africa from the next G20 summit, inviting Poland instead. US Secretary of State Marco Rubio stated Poland’s economic rise and alignment with US…
The U.S. International Development Finance Corporation (DFC) has agreed to move forward with a $1 billion debt-for-food security swap with Kenya, a deal aimed at replacing expensive debt with lower-cost financing. The U.S. International Development Finance Corporation (DFC) has committed to a $1 billion debt-for-food security swap with Kenya. This agreement aims to alleviate Kenya’s…
Africa is rapidly integrating the AI revolution into its ecosystem. While some countries are embracing the technology, expanding access, and increasing usability, others continue to lag behind. Africa is incorporating artificial intelligence (AI) into various sectors, with varying rates of adoption among nations. AI adoption globally has surpassed previous technologies, with over 1.2 billion users…
The United States has confirmed that it will not invite South Africa to the 2026 G20 Summit, marking a sharp diplomatic rebuke as Washington prepares to host the gathering of major economies in Miami next December. The United States has confirmed it will not invite South Africa to the 2026 G20 Summit. Washington says Pretoria’s…
Africa’s stake in international conflicts, specifically, the Russia-Ukraine war, has been highlighted yet again, this time with implications that Africa is serving as a proxy. Africa is increasingly seen as a proxy zone in international conflicts, particularly influenced by the Russia-Ukraine war. BRICS VP Ahoua Don Mello noted Ukraine’s attempts to counter Russian presence in…
South Africa’s largest mobile operator, Vodacom Group Ltd., is set to take control of East Africa’s biggest telecom, Safaricom Plc, in a multi-billion-dollar deal. Vodacom Group Ltd. plans to acquire significant stakes in Safaricom Plc, valued at $2.1 billion. The deal involves purchasing shares from the Kenyan government and Vodafone International Holdings BV. This will…
Mobile-money platforms across Africa processed roughly $81 billion in transactions last year, and December’s festive transfers could push that figure even higher. A new report projects a rise in cyberattacks across Africa as mobile money transfers hit their annual peak in December. Holiday-themed phishing scams, SIM-swap fraud, and social-engineering tactics are targeting users sending money…
According to figures issued on Wednesday by the Ghana Statistical Service, the country’s consumer inflation fell to 6.3% year on year in November, down from 8.0% in October, extending its reduction for the 11th consecutive month. Ghana’s consumer inflation dropped to 6.3% in November, marking an 11-month consecutive decrease from its peak of 54% in…
After years of reputational damage tied to state-capture controversies, McKinsey is pursuing a careful reset in South Africa, emphasising internal reforms and improved oversight as it seeks to repair strained relationships with clients and regulators. McKinsey is working to restore its reputation in South Africa through internal reforms and improved oversight. The firm has implemented…
Ghana is preparing to make its first foray into nuclear energy, targeting 2027 to begin construction of its first nuclear plant on a dual-site designed to diversify the country’s power mix. Ghana plans to begin construction of its first nuclear power plant by 2027 to diversify its energy mix. Two sites have been identified for…
Guinea has officially launched the Simandou iron-ore complex, the largest untapped high-grade deposit in history, in a move set to reshape global trade and regional development. Guinea has launched the $23 billion Simandou iron-ore project, the world’s largest high-grade deposit. The mine will produce 120 million tonnes annually, supplying nearly 10% of China’s iron-ore imports.…
The United States is ramping up counterterrorism operations across the Horn of Africa as intelligence warnings point to a renewed surge in ISIS-linked cells and al-Shabaab attacks, raising fresh concerns over regional stability and the safety of key U.S. partners. The U.S. is intensifying counterterrorism efforts in the Horn of Africa, targeting ISIS-linked cells and…
The Nigeria International Trade Fair has come back to life after 14 years of inactivity, marking one of the biggest revivals of a federal commercial program in recent memory. The Nigeria International Trade Fair Complex has been revived after 14 years. The revival aims to reinforce Lagos’s role as a strategic regional marketplace and gateway…
Nigeria has approved security protection for Guinea-Bissau opposition presidential candidate Fernando Dia Da Costa at its embassy in the capital Bissau, its foreign ministry said, after a disputed power shift triggered fears for his safety. Nigeria has deployed security protections for Guinea-Bissau opposition candidate Fernando Dia Da Costa after concerns about his safety. The move…
The Southern African country of Namibia recently made a crucial move toward enhancing its space capabilities with the official handover and takeover of the China-Aided Satellite Ground Data Receiving Station (SGDRS). Namibia officially acquired the China-Aided Satellite Ground Data Receiving Station (SGDRS), marking a milestone in its space technology initiatives. The handover event involved the…
Russia is set to establish a full embassy in Moroni, the capital of the Union of the Comoros, in 2025, following approval from Moscow and an “ad hoc” proposal from the Russian Ministry of Foreign Affairs. Russia plans to open a full embassy in Moroni, Comoros by 2025 as approved by Moscow. The move is…
Sudan and Russia have resumed discussions over a deal under which Moscow would provide Su-30 and Su-35 fighter jets in exchange for rights to a naval logistics facility on the Red Sea. Russia’s plans for establishing a logistical hub in Port Sudan have been delayed indefinitely due to conflict, halting active construction efforts for now.…
The Dangote Petroleum Refinery has announced a major fuel supply intervention designed to guarantee national availability through the festive season and into early 2026. Dangote Petroleum Refinery plans to supply 1.5 billion litres of PMS monthly in December 2025 and January 2026. Supply will rise to 1.7 billion litres monthly from February 2026, ensuring continuous…
Ghana’s government is moving to acquire an offshore exploration block regarded as one of the country’s most valuable undeveloped deepwater petroleum assets. The government of Ghana plans to acquire a valuable offshore exploration block containing significant oil and gas reserves. This asset, identified by Springfield E&P, includes over 1.5 billion barrels of oil and 1.2…
Senior figures in India’s opposition have pressed Prime Minister Narendra Modi to defend South Africa after former United States President Donald Trump declared that Pretoria would be barred from next year’s G20 Summit in Miami. India’s Congress Party has urged Prime Minister Narendra Modi to defend South Africa after Donald Trump announced that Pretoria would…
Prosus, indirectly owned by one of Africa’s richest men, Koos Bekker, led a Series A funding for Flexion, resulting in a $50 million investment for the very promising robotics software companies. Prosus Ventures led a Series A funding round for Flexion, investing $50 million in the robotics software company. Flexion develops general-purpose intelligence technology for…
Ivory Coast, the world’s top cocoa producer, is now setting its sights on becoming a major player in Africa’s oil industry. Ivory Coast aims to become a major oil producer in Africa by expanding crude and natural gas outputs by 2035. The energy sector initiative seeks to diversify the country’s economy beyond its reliance on…
The tech giant Apple is currently defending against a lawsuit alleging the use of minerals sourced from the Democratic Republic of Congo, which are purportedly linked to conflict and human rights violations. Apple faces allegations of using minerals sourced from conflict areas in the Democratic Republic of Congo. The company strongly denies the claims, asserting…
Dangote’s push into Europe’s diesel market has hit a stumbling block as buyers raise concerns over sulfur levels and the region’s stricter winter fuel requirements. Dangote Petroleum Refinery faces challenges exporting diesel to Europe due to high sulfur content exceeding EU winter fuel standards. European importers refuse Nigerian diesel despite potential supply gaps caused by…
Zimbabwe aims to establish a robust foreign-exchange buffer, enabling the transition to a single national currency and the eventual phase-out of the widespread use of US dollars. Zimbabwe plans to establish a foreign-exchange buffer to transition to a single national currency by 2030. The deputy central bank governor stated reserves will suffice for three to…
The United States has escalated its standoff with South Africa, with President Donald Trump announcing that Pretoria will not be invited to next year’s G20 meetings in Miami. The United States, under President Trump’s leadership, decided to exclude South Africa from the 2026 G20 summit hosted in Miami. This marks a significant departure from the…
Africa has experienced a wave of coups and military takeovers over the past five years, creating an unstable political landscape across several regions. Seven African nations are under military rule as of November 2025, with Mali, Burkina Faso, and Niger leading the list. Coups and prolonged transitions have replaced civilian governments across the continent. Political…
Former Nigerian President Goodluck Jonathan is among hundreds of foreign dignitaries and election observers stranded in Guinea-Bissau after the country’s armed forces abruptly seized power, suspended the electoral process, and shut all borders. A sudden military takeover in Guinea-Bissau has left former Nigerian President Goodluck Jonathan and other foreign observers unable to leave the country.…
A new United States Senate bill aiming to extend the African Growth and Opportunity Act for two years has triggered fresh diplomatic tension by proposing the explicit removal of South Africa from the trade programme. A new US Senate bill seeks to renew AGOA for two years but explicitly removes South Africa from the programme.…
South Africa has formally handed over the G20 presidency to the United States, concluding a week of delicate diplomatic manoeuvring over protocol and representation. South Africa has officially transferred the G20 presidency to the United States. The handover was conducted in a modest ceremony in Pretoria without heads of state present. Both governments agreed to…
Zimbabwe is preparing to introduce one of its toughest enforcement regimes yet for the mining sector, with companies set to lose their licences if they fail to meet environmental standards. Zimbabwe is preparing a sweeping reform that could strip mining companies of their licences for environmental violations. Mines Minister Winston Chitando says the new Responsible…
New Balance opens a new store at Somerset Mall in Cape Town as American companies expand into South Africa, the continent’s most diversified economy. New Balance has opened a new store in Somerset Mall, Cape Town, marking its 16th store in South Africa, with future plans to open four more by 2026. The store introduces…
Kenya continues to face a high risk of debt distress, according to the World Bank’s latest economic update. The World Bank warns Kenya remains at high risk of debt distress, with public debt climbing to 68.8% of GDP in FY24/25. Domestic borrowing now makes up over half of total debt, driven by infrastructure and social…
Africa’s corporate landscape in 2025 is defined by a mix of financial powerhouses, telecom giants, and globally influential resource companies. Africa’s corporate landscape in 2025 is dominated by financial, telecom, and mining giants, with South Africa leading the rankings. Naspers retains its position as the continent’s most valuable company with a valuation of $40.4 billion.…
Mali received 82 fuel tankers from neighbouring Niger on Sunday, following a 1,400-kilometre journey from Niamey to Bamako, as the country confronts a deepening fuel crisis and rising pressure from regional insurgencies. Mali has received 82 fuel tankers from Niger as assistance amidst a critical fuel shortage in the country. These tankers covered a 1,400-kilometer…
Africa’s relationship with gold spans centuries, long before formal mining companies arrived on the continent. From the sprawling reefs of South Africa to emerging discoveries in East and North Africa, gold has sustained economies, created jobs, and attracted generations of miners and investors. Africa’s association with gold dates back centuries, serving as a wealth store…
United States and European oil giants are set to return to Libya, eligible for the country’s first oil exploration bidding in 18 years. Major energy companies are returning to Libya, seeking new oil and gas reserves nearly 15 years after political unrest. Libya’s National Oil Corporation announced plans for a public exploration bid round involving…
Morocco has secured $420 million from Japan to improve irrigation, boost farming, and strengthen water management as it battles worsening droughts and water scarcity. Morocco signed a $420.1 million loan agreement with Japan for a hydro-agricultural project in the Gharb region. The signing was attended by Moroccan officials and representatives from Japan and JICA. Morocco…
Morocco has been selected as the only African country included in a new $303.6 million U.S. Foreign Military Sales (FMS) contract for F-16 radar repair and support services awarded to Northrop Grumman Systems Corp. Morocco has been included in a recent $303.6 million U.S. Foreign Military Sales contract for F-16 radar repair services by Northrop…
A growing network of women solar technicians in Zanzibar is helping to replace smoky kerosene lamps with clean energy, bringing light, skills, and new opportunities to rural communities. Zanzibar’s solar mamas are transforming rural life by replacing smoky kerosene lamps with clean solar home systems. Trained by Barefoot College International, the women technicians have already…
Duduzile Zuma, daughter of former President Jacob Zuma, is at the centre of a growing scandal after different families revealed she helped send young Southern African men to Russia, where they were later deployed to the war in Ukraine. Allegations suggest the recruits were misled, believing they were participating in a security training program but…
South African billionaire Patrice Motsepe has urged the country to shed its reputation for high crime if it hopes to attract more investment. Patrice Motsepe emphasised the need for South Africa to tackle its high crime rates to attract more investment. He highlighted the country’s enormous potential and the strength of its businesses and leaders.…
The United States has formally warned South Africa against issuing a joint declaration at this weekend’s G20 summit in Johannesburg, citing its decision to boycott the meeting. The United States has expressed opposition to South Africa’s push for a joint G20 declaration, advocating for a Chair’s Statement format. Washington’s stance stems from disagreements over Pretoria’s…
South African executive Thabo Mabe has been appointed Group Managing Director and CEO of Dangote Sugar Refinery Plc, effective December 1, 2025. Thabo Mabe has been appointed Group Managing Director and CEO of Dangote Sugar Refinery Plc, effective December 1, 2025. His role will replace Ravindra Singhvi, who steps down on November 30, 2025, after…
Russian President Vladimir Putin will host Togo’s President Faure Gnassingbé at the Kremlin on Wednesday for talks aimed at deepening relations between Moscow and the small West African nation. Russian President Putin hosts Togo’s President Gnassingbé to deepen bilateral relations. Discussions focus on peace, security, development, and sectoral cooperation. Leaders plan to address global issues…
South African investors have delivered a stark message to the UK, arguing that economic mismanagement and painfully slow delivery of infrastructure make it “uninvestable” at present. South African investors Jonathan Oppenheimer and Magda Wierzycka say the UK has become challenging to invest in due to sluggish infrastructure delivery and policy missteps. Oppenheimer argues that the…
Lawrence Musyimi Ngao, the director and CEO of the Kenyan supermarket chain Uchumi, is facing criminal charges after being accused of stealing a chimney extractor fan valued at approximately US$1,046, the property of Hotspot Coffee Lounge Limited. Uchumi CEO Lawrence Ngao faces charges of stealing a chimney extractor fan valued at $1,046 from Hotspot Coffee…
Nestle, the global food and beverage giant, is facing scrutiny for adding sugar to baby cereals sold across Africa, a practice that has sparked criticism from civil society groups and public health experts on the continent. Nestle is facing criticism for adding sugar to baby cereals sold in Africa while equivalent products in Europe are…
Zambia will this week host a Chinese premier for the first time in 28 years, a landmark visit that comes as the copper-rich nation emerges from a bruising financial crisis and positions itself for renewed investment. Chinese Premier Li Qiang visits Zambia, marking the first visit in 28 years as Zambia recovers from financial distress.…
Ethiopia has taken a major step toward expanding its industrial base after a Russian company signed a $1billion agreement to build a 500,000-ton aluminium plant in the country. Ethiopia signed a $1 billion agreement with Russian company RUSAL to build a 500,000-ton aluminium plant. The project aims to position Ethiopia as a competitive aluminium supplier…
Africa is steadily advancing toward a Single Digital Market by 2030, an ambitious vision championed by the Smart Africa Alliance. This year’s seventh Transform Africa Summit (TAS), held in Conakry, brought together heads of state, policymakers, and technology leaders for three days of discussions on the continent’s digital future. The summit, organised by Smart Africa…
Recent reports indicate that some Palestinians paid for seats on a chartered flight to South Africa, raising questions about whether the evacuation was purely humanitarian. Their unexpected arrival reportedly took even South African President Cyril Ramaphosa by surprise. Some evacuees reportedly paid $2,000 per seat for the flight, raising concerns over the irregularities of the…
A cybersecurity breach in Somalia’s electronic visa (e-visa) system has exposed the personal data of 35,000 travelers, including citizens from South Africa, Uganda, Somalia, and Ethiopia, with Kenya topping the list globally with over 13,000 affected. A cybersecurity breach in Somalia’s e-visa system exposed personal details of 35,000 travelers. The breach affected individuals from 25…
Africa’s electricity demand is expected to grow steadily over the coming decades. According to the IEA, overall energy demand could increase by around 60% by 2040 under current policies. While growth is significant, countries vary widely in their nuclear preparednes, some are ready, others are almost ready, and many are still far off. Africa’s electricity…
Despite rising global conflicts and deteriorating peacefulness worldwide, several African countries continue to maintain peace, stability and safety for their citizens. The 2025 Global Peace Index (GPI) indicates a global decrease in peacefulness, with a deterioration of 0.36 percent. Africa shows mixed performance, with half of its countries improving in peace rankings while the other…
Across Africa, diesel remains one of the most important fuels for economic activity, powering everything from public transportation and freight logistics to industrial machinery and agriculture. Compared to last month’s global average diesel price of $1.23 per liter, the new global average of $1.24 per liter saw Libya experience a slight price increase. Diesel prices…
Ghana is preparing to abolish value-added tax on mineral exploration and reconnaissance activities in a major policy shift aimed at reviving investment in its mining sector. Ghana plans to abolish the VAT on mineral exploration and reconnaissance activities to attract investments in the mining sector. The elimination of the 15% VAT aims to lower costs…
Morocco has achieved a historic milestone by exporting 1,200 tonnes of lemons to the United Kingdom over ten months, surpassing the total volume shipped in the last decade. Morocco has exported 1,200 tonnes of lemons to the UK, valued at $1.02 million, breaking a decade-long record. The country jumped from 31st to 11th place among…
Kenya Railways has unveiled plans to sell off city‑centre assets worth KSh16 billion (approximately $123 million) to settle long‑overdue pension obligations under its Staff Retirement Benefits Scheme. Kenya Railways is set to sell prime city assets worth $123 million to settle pension arrears. The move targets Makongeni and Ngara estates, amid delayed payments to retirees. Funds from the sales…
Rising violence in Mali has forced Ivory Coast to implement an emergency border lockdown. Officials say the measure is necessary to manage the sudden influx of refugees fleeing attacks in the southern part of the Sahel nation. Ivory Coast enhanced its northern border security due to a surge in Malian refugees fleeing violence in Mali.…
Uganda is accelerating efforts to end its dependence on imported petroleum products, following the signing of new commercial agreements tied to its long-awaited US$4 billion refinery project. Uganda has signed key agreements to advance its $4 billion oil refinery project aiming to reduce petroleum import dependence. The refinery will process 60,000 barrels per day and…
Guinea has begun exporting iron ore from Simandou, home to the world’s largest untapped reserves of the mineral. Guinea has begun exporting iron ore from the Simandou mines, which host the world’s largest untapped reserves. The Simandou project has been developed to transform Guinea’s economy, positioned as Africa’s second-largest mineral exporter. The project includes a…
The Central Bank of Kenya (CBK) is inviting investors to inject approximately $260 million (Sh40 billion) into the government’s coffers through the reopening of two long-term Treasury bonds, aimed at supporting the national budget. The Central Bank of Kenya (CBK) is seeking $260 million (Sh40 billion) from investors through the reopening of 15-year and 25-year…
Kenya has estimated that around 200 of its nationals are currently fighting in the Russia-Ukraine conflict, on the Russian side, and more could be drawn into the war. Approximately 200 Kenyan nationals are estimated to be fighting for Russia. Kenya’s President, William Ruto, previously requested Ukraine’s assistance in releasing Kenyans being held in Ukraine. Kenya’s…
Strategy consulting can be a huge investment for small-to-medium enterprises (SMEs). When investing in consulting SME business leaders — often boards, senior executives, or management — bring in an external company like ours to offer an outside, expert perspective on their business growth gaps and opportunities. Strategy consultants usually have considerable industry knowledge and are…
The bad news is that leadership and conflict go hand-in-hand. The great news is that as a leader you can address conflict in a way that does not destroy team morale, employee engagement, healthy partnerships or your organization. “Everything rises and falls on leadership.” (John Maxwell) # [bctt tweet=”The bad news is that leadership &…
Whether you are a solo-preneur, or a growing small-to-medium business, you may need support at one time or another and consider working with freelancers. Hiring full-time staff can be costly, and you likely do not need support all the time. Freelancers can provide cost-effective expertise that can help you increase the performance and productivity of…
Service-based businesses often struggle to find the right pricing strategy that gives them a competitive edge in their market. Pricing for products is a little more straight forward. To make a profit you need to work out the cost of buying or making the product, and charge more than it cost to make it. Services…
Despite rapid advancement in smart gadgets and apps that should help us get more done in less time, entrepreneurs are still seeking ways to increase efficiency and productivity for themselves and their teams. Gone are the days of fewer choices and quicker decisions. Simplicity has become complicated and we may have gotten ourselves into a …
ScaleUp Africa is a dynamic women-led B2B Enterprise Education and Development Organisation offering advisory and growth support services to SMEs through Corporate Partnerships and Professional Networks of Venture Investors,Foundations, DFIs, Corporations and post-incubation, youth/women-led Small Businesses in Africa and the Diaspora. Late last year, The Radical Leap Company founder, Noreen Makosewe, talked to Amma Gyampo,…
Most small-business owners do not consider themselves investors. However, the sweat-equity and financial investment that goes into launching and growing a business should qualify all parties involved as investors. Taking an idea from concept to launch, then driving it further to growth is no walk in the park even for the most seasoned business leader.…
In my early leadership years I worried that vulnerability would hurt business. The perception I had back then was that effective leaders were stoic – enduring pain or hardship without showing feelings or complaining. What made the idea all the more ingrained was the harshness with which women in leadership positions, particularly black women or women…
As the world comes to terms with the aftermath of the full impact of COVID-19, it’s safe to say that the way we interact, work and do business has changed permanently for the foreseeable future. In addition to adhering to new standards of interaction when doing business, compulsory lockdowns across the globe have forced majority…
In today’s globalized world, characterized by the ever-increasing trans-boundary flow of people and goods, the further spread of epidemics and pandemics is even greater. Infectious diseases spread more quickly than they ever have before, as evidenced by SARS, Ebola, Zika and bird flu outbreaks with the largest in the 21st century being COVID-19 which has…
Business is diverse with multiple moving parts. Therefore, different aspects of business require different types of coaching. As the global market shifts rapidly catalysed by COVID-19 and lockdowns, business leaders are seeking coaches who are specialists as opposed to generalists. For example, where one coach might be highly experienced in business growth or public speaking,…
Executive coaching has evolved immensely over the years. A once sceptically-viewed practice, it is fast becoming the go-to tool used by leaders globally to boost personal excellence, elevate performance, prepare for change and take leaps to success. As the fourth industrial revolution redefines the global economic landscape, it is clear to us at The Radical Leap…
“Mobilising Ghana Beyond Aid” We had the opportunity of attending the Ghana Investment & Opportunities Summit in London, organised by the Ghana High Commission UK in partnership with the Ghana Investments Promotion Centre (GIPC). The event took place at London Hilton on Park Lane and was aptly themed: “Mobilising for Ghana Beyond Aid”. Keynote speakers included His…
As partners of iSpace Foundation in delivering the Unlocking Women and Technology (UWAT), we are pleased to share that the programme received the Google Diversity and Inclusion Award 2018. The award was handed to Josiah K. Eyison, co-founder of iSpace Foundation and lead partner of the programme. UWAT focuses on empowering women to innovate through technology. Now…
At TRLC, we help brands and business leaders start-up, scale-up or streamline for growth and profitability. Occasionally, we use our industry knowledge and expertise to support non-profits and social impact organisations that work with startups. On May 26th we supported Foundervine on day 2 of their 3-day startup hackathon, StartUp54. Foundervine is a UK-based social enterprise that has created a…
On May 16th we were at the Africa Tech Summit in London hosted by Andrew Fassnidge of AppsAfrica.com. #ATSLDN was a convention of professionals, tech experts and investors from across the world with keynotes, breakout sessions and roundtables focused on growth opportunities in the tech ecosystem across Africa. Two keynotes that stood out were How Blockchain Can Transform…
