Sudan has produced 70 metric tons of gold in 2025, exceeding its national target by 13% despite ongoing conflict. Sudan exceeded its gold production target in 2025, achieving 70 metric tons despite ongoing conflict Gold mining contributed roughly $1.8 billion to Sudanese government revenue The conflict beginning in April 2023 initially devastated production, but operations…
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Varun Beverages Ltd (VBL), led by Indian billionaire Ravi Jaipuria, is accelerating its African expansion with the acquisition of South Africa’s Twizza Proprietary Limited for roughly $125 million. Varun Beverages Ltd (VBL) is acquiring South Africa’s Twizza Proprietary Limited for approximately $125 million, expanding its footprint in Africa. VBL is diversifying its portfolio with operations…
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The Federal Government has wiped out about $1.42 billion in historical debts owed by the Nigerian National Petroleum Company Limited to the Federation Account, in a move authorised by President Bola Tinubu after extensive record reconciliation. Nigeria has cancelled about $1.42 billion in historical debts owed by NNPC Ltd to the Federation Account after a…
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A weak currency is rarely merely a financial annoyance in the economic reality of Africa. It frequently exacerbates suffering by increasing inflation, deepening poverty, discouraging investment, and impairing a state’s ability to withstand shocks. A weak currency significantly impacts inflation, poverty, investment, and economic stability in Africa. In 2025, several African currencies, including the South…
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The United States has signed four new Global Health Cooperation Memorandums of Understanding (MOUs) with Ethiopia, Botswana, Sierra Leone and Madagascar, marking a major expansion of Washington’s health engagement in Africa under President Donald Trump’s America First Global Health Strategy. The United States has signed four new Global Health Cooperation MOUs with four more African…
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Namibia has been recognised as Africa’s most authentic and demanding tourism destination by the African Tourism Board (ATB). Namibia has been named Africa’s most authentic tourism destination by the African Tourism Board. The country appeals to travellers seeking immersive, conservation-focused experiences. Namibia emphasises sustainable tourism, protecting over 40% of its land for conservation. Its vast,…
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