NEWS

4 African countries flagged as cybercrime hotspots as Interpol raid nets 260 suspects across the continent

PerformanceBy 26th September 2025Leave a comment

Interpol has arrested 260 people in a continent-wide operation targeting online fraud, with four African countries singled out as cybercrime major hotspots. INTERPOL conducted Operation Contender 3.0, targeting cybercrime across 14 African nations, resulting in 260 arrests. Authorities dismantled 81 cybercrime infrastructures and seized over 1,200 devices during the operation. $2.8 million in losses were…

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10 African countries with the weakest currencies in September 2025

PerformanceBy 26th September 2025Leave a comment

A weak currency, in which a country’s currency loses value relative to international currencies, frequently does more harm than good. This, unfortunately, seems to be the case for several African countries. Devalued currencies often harm households, businesses, and governments. For example, Nigeria faces challenges from its volatile naira, impacting inflation, prices, and economic stability. Households…

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Russia moves forward on its nuclear deal with East Africa’s largest economy

PerformanceBy 26th September 2025Leave a comment

Russia and East Africa’s largest economy, Ethiopia, are moving forward to cement a nuclear deal that has been touted for years. Russia and Ethiopia have signed a nuclear cooperation agreement to establish a nuclear power plant in Ethiopia. The deal was finalized by leaders of the Ethiopian Electric Power Company and Rosatom during a nuclear…

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Nigeria’s oil regulator has approved a $510 million deal for TotalEnergies to divest its entire 12.5 per cent stake in Oil Mining Lease (OML) 118, home to the Bonga deepwater oilfield, to Shell and Agip.

PerformanceBy 26th September 2025Leave a comment

Nigeria’s oil regulator has approved a $510 million deal for TotalEnergies to divest its entire 12.5 per cent stake in Oil Mining Lease (OML) 118, home to the Bonga deepwater oilfield, to Shell and Agip. Nigeria’s oil regulator approved a $510 million deal for TotalEnergies to divest its stake in OML 118. Shell and Nigerian…

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Russia has entered a comprehensive agreement with Sudan to enhance the country’s transport infrastructure and civil aviation.

PerformanceBy 26th September 2025Leave a comment

Russia has signed a wide-ranging cooperation agreement with Sudan to modernise the country’s transport system, including railways, ports, airports and civil aviation. Russia has entered a comprehensive agreement with Sudan to enhance the country’s transport infrastructure and civil aviation. The deal includes expansions in trade, financial collaboration, and training programmes for Sudan’s central bank. Sudan…

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Niger plans to build two nuclear reactors in partnership with Russia

PerformanceBy 25th September 2025Leave a comment

Niger plans to build two 2,000-megawatt nuclear reactors in partnership with Russia’s state-owned nuclear company. Niger announced plans to build two 2,000-megawatt nuclear reactors with Russia’s Rosatom. The initiative is part of Niger’s strategy to enhance power generation using its uranium reserves. The projects will comply with International Atomic Energy Agency (IAEA) oversight and regulations.…

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