The International Air Transport Association’s (IATA) annual safety report has revealed that African airlines had the highest accident rate in 2024. The IATA report highlighted major aviation incidents in 2024 across different regions In 2024, African airlines recorded 10 incidents, making it the region with the second-highest number of plane crashes. The IATA reported one…
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Egyptian billionaire Naguib Sawiris has called for a reassessment of his country’s large-scale development projects. Egyptian billionaire Naguib Sawiris suggests Egypt rethink mega-projects to cut costs. Egypt has embarked on extensive infrastructure expansion since Abdel Fattah al-Sisi took office in 2014. One of the prominent projects is a $58 billion new capital city, aimed at…
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Owners of Honda vehicles in Ghana are being urged to verify whether their cars are affected by an ongoing airbag recall due to significant safety concerns. Honda vehicle owners in Ghana urged to verify if their cars are affected by airbag recall The recall is part of a global safety initiative targeting specific Honda models…
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One important economic metric that emphasizes how affordable products and services are in a community, in this example, African cities, in relation to income levels is purchasing power. Business Insider Africa presents the top 5 African cities with the lowest purchasing power in 2025. This list is courtesy of Numbeo. Lagos ranks number 1 on…
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An initiative to provide electricity to communities in Africa has been impacted by recent aid cuts initiated by the Trump administration. The Power Africa project has been impacted by aid cuts initiated by the Trump administration The project, launched by former President Barack Obama, aimed to double access to electricity in sub-Saharan Africa The termination…
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The Governor of the Bank of Ghana, Dr Johnson Pandit Asiama, has announced plans to introduce a new foreign exchange law as part of efforts to enhance the country’s banking sector. Governor of the Bank of Ghana plans to introduce a new foreign exchange law The current Foreign Exchange Act 2006 regulates foreign exchange transactions…
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