Trade tensions between South Africa and the United States escalated sharply on Monday, July 7, after U.S. President Donald Trump announced a sweeping 30% tariff on all South African imports, set to take effect on August 1. The U.S. declared a 30% tariff on South African imports, effective August 1, citing trade imbalances. South African…
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The vice-president of Nigeria, Kashim Shettima, has emphasized that Africa’s pressing concerns lie in tackling poverty and climate change, not in developing nuclear weapons capabilities. Vice-President Kashim Shettima highlighted Africa’s focus on addressing poverty and climate change rather than pursuing nuclear weapons capabilities. The CTBTO has a global monitoring network to detect nuclear and seismic…
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Globally, a nation’s reserves, especially foreign currency and gold, are sometimes used to assess its economic resilience and strategic strength in addition to its GDP and military might. Business Insider Africa presents the top 10 African countries with the highest reserves of foreign exchange and gold. This list is courtesy of Global Firepower. Libya ranks…
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International air passengers in Africa paid, on average, 3.5 different types of charges, amounting to $68 per departure. Gabon is the most expensive country for international departures, with passengers paying $297.70 per trip. Business Insider Africa presents the top 10 African countries with the highest international air ticket charges. The list is courtesy of African…
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The Ministry of Energy and Green Transition has officially announced the Declaration of Commerciality (DoC) for the Eban-Akoma oil and gas discoveries located in the Cape Three Points Block 4 (CTP-B4), marking a significant milestone in Ghana’s upstream petroleum industry. The Ministry of Energy and Green Transition declared the commercial viability of the Eban-Akoma oil…
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Elon Musk officially announced the formation of his political party, the “America Party,” on July 5, 2025, with a post on his X account, following his ongoing feud with the American president, Donald Trump. Elon Musk officially announced the creation of the ‘America Party’ on July 5, 2025, via his social media platform. The announcement…
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