Zambia’s economic recovery now hinges on the performance of its mining sector, following severe droughts that hindered economic growth. Zambia is pinning its economic recovery on its mining sector due to drought hindering growth. The finance minister predicts a mining industry revival by 2025 with increasing copper production. The government has lowered its 2024 growth…
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African sovereign wealth funds (SWFs) continue to play a critical role in shaping the continent’s economic landscape, as nations seek ways to diversify their economies. Sovereign Wealth Funds (SWFs) are playing a critical role in shaping Africa’s economic landscape Global sovereign wealth fund stood at $13 trillion as of January 2025, with China, UAE, and…
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As the calendar rolls to 2025, several African countries are confronted with the long-term ramifications of borrowing from the International Monetary Fund (IMF). Business Insider Africa presents the top 10 African countries with the highest debt to the IMF at the start of 2025. This list is courtesy of data from the International Monetary Fund.…
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Nigeria has moved to strengthen its mining sector by seeking financial and technical support from France to improve geological data exploration. Nigeria has signed an agreement with France to improve geological data exploration in its mining sector France has agreed to fund the geological data exploration efforts of the Nigerian Geological Survey Agency (NGSA) The…
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Nigeria has emerged as the leading destination for oil and gas investments in Africa in 2024, according to a new report. Nigeria leads as the top destination for oil and gas investments in Africa in 2024 Nigeria accounted for three out of four Final Investment Decisions announced by global oil and gas majors Total Final…
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Algeria had the highest life expectancy at birth in Africa as of 2023, . A newborn infant was expected to live over 77 years in the country. Cabo Verde, Tunisia, and Mauritius followed, with a life expectancy between 77 and 75 years. Business Insider Africa presents 10 African countries with the highest life expectancy. The…
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