Niger’s government has initiated steps to reduce the number of Chinese nationals working in its oil sector, signalling a shift towards greater local control over its natural resources. Niger’s government has initiated a reduction in the number of expatriate Chinese employees in its oil sector. The move aims to increase local control and employment in…
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Aliko Dangote, Africa’s richest man, has announced a major agricultural investment in northern Nigeria, in partnership with the state government, to boost rice production and enhance food security. Aliko Dangote, Africa’s wealthiest individual, announces a significant agricultural investment in northern Nigeria. A state-of-the-art rice mill, with a production capacity of 32 metric tons per hour,…
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In the first quarter of 2025, several African countries are still recording some of the highest bank interest rates in the world. These rates are often set by central banks to fight inflation, support their national currencies, and manage rising government debts. Several African countries report high bank interest rates in early 2025, primarily to…
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A recent move by the U.S. government to block international students from enrolling in Harvard University’s new online program has drawn strong backlash from African alumni, especially Kenyans, who call the decision “xenophobic,” “myopic,” and a threat to global academic collaboration. The U.S. government has been criticized for blocking international students from enrolling in Harvard’s…
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The European Union is reinforcing its commitment to Africa’s economic development with a €40 million investment aimed at modernizing the Douala N’Djamena trade corridor. The EU is investing €40 million to modernize the Douala N’Djamena trade corridor, a key route in Central Africa. This initiative is part of the EU’s Global Gateway strategy to promote…
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African applicants lost nearly €60 million ($67.5 million) in non-refundable Schengen visa fees in 2024, according to data from the LAGO Collective, a London-based research group tracking global mobility. African applicants lost €60 million in non-refundable Schengen visa fees in 2024. African countries experienced high rejection rates and rising application costs. Nigeria saw over 50,000…
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