Given that the world economy still seems volatile, African countries must begin to understand the importance of strong currencies as vital instruments for long-term economic growth and resilience, as well as symbols of national pride. Business Insider Africa presents the top 10 African countries with the strongest currencies in May 2025. This list is courtesy…
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Three African countries – Uganda, South Sudan, and the Central African Republic (CAR) have embarked on a landmark infrastructure initiative with the launch of a 1,800-kilometre regional road project aimed at enhancing trade, connectivity, and economic integration across East and Central Africa. Three African nations—Uganda, South Sudan, and the Central African Republic—are collaborating on an…
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Ghana has temporarily closed its embassy in Washington, D.C. and recalled all foreign affairs staff amid an investigation into an alleged visa fraud scandal. Ghana temporarily closed its embassy in Washington, D.C. amid a visa fraud scandal. The scandal involved unauthorized links redirecting applicants to a private company for additional charges. All foreign ministry officials…
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Africa’s richest man, Aliko Dangote, has announced plans to begin coal exports from Nigeria in the coming weeks, adding another revenue stream to the growing portfolio of Dangote Industries Limited (DIL). Africa’s richest man, Aliko Dangote, has disclosed plans to export coal from Nigeria in the coming weeks. Dangote revealed a strategy to achieve daily…
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A $1 billion impact development platform, the Lobito Corridor Impact Development Platform (LCID) focused on the Lobito Corridor in Africa has officially launched, with a $100 million joint commitment from businessman, Haim Taib and Angola’s Sovereign Wealth Fund (FSDEA). The Lobito Corridor Impact Development Platform (LCID) was launched with a $100 million commitment to enhance…
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NATO is more than just a military alliance; it provides an important framework for international cooperation, strategic coordination, and collective defense. While unity is its guiding concept, the balance of power within NATO is unequal. Business Insider Africa presents the top 10 strongest NATO countries. This list is courtesy of Global Firepower. The United States…
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