For the past few years, Russia has been rapidly expanding its footprint in Africa. Russia is prioritizing its expansion in Africa. Russia recently added Nigeria, Tunisia, and Ethiopia to its currency trading list and plans to trade with Tanzania in local currencies. Russia’s relationship with Africa is based on friendship, non-interference, lack of double standards,…
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Kenya’s economy is set to experience some relief as the Kenyan Central Bank (CBK), has decided to enforce the implementation of the country’s current interest rate. Kenyan Central Bank enforces implementation of current interest rate. Kenya Commercial Bank (KCB) reduces lending rate from 15.6% to 14.6%. CBK puts pressure on banks to lower rates, initiates…
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In a surprising move for Silicon Valley’s tech ecosystem, Sam Altman, CEO of OpenAI, has openly rejected a $97 billion bid from Elon Musk to acquire the AI company. Sam Altman rejected a $97 billion bid from Elon Musk to acquire OpenAI Elon Musk wants OpenAI to return to its open-source, safety-focused roots Altman rejected…
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The Department of Government Efficiency (DOGE), established under the Trump administration and spearheaded by Elon Musk has blocked funding for Liberia. The Elon Musk-led DOGE has cancelled a $17 million project to provide tax policy advice to Liberia The cancellation is part of DOGE’s mission to reduce government waste and increase the efficiency of U.S.…
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A political clash is brewing in South Africa following Donald Trump’s sanctions on the country over its land reform policies. Donald Trump imposed sanctions on South Africa over its land reform policies The sanctions led to heated exchanges between South African political parties, billionaire Elon Musk, and white minority groups Tensions have risen due to…
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Affordability, as the years go by has become more of a primary concern for citizens in many African cities, as they attempt to strike a balance between their income and living expenses. Business Insider Africa presents the top 5 African cities with the most affordable housing in 2025. This list is courtesy of Numbeo. Pretoria…
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