White House draft order proposes major cuts to U.S. diplomatic presence in Africa
A draft executive order from the White House proposes sweeping changes to the United States’ diplomatic strategy, including drastic reductions ...
Tag: Africa
Africa emerges Nigeria’s largest export destination in 2024 as trade Surplus hits N21.85 trillion
Nigeria has witnessed a major shift in its trade dynamics, with Africa emerging as the country’s largest export destination in ...
ECA warns of worsening debt distress across Africa, urges financial system reforms
The United Nations Economic Commission for Africa (ECA) has raised alarms over the state of debt across the continent, revealing ...
Top 10 fastest growing economies in Africa by IMF projection
Africa has the potential for tremendous economic growth in the coming years spurred by a bourgeoning youth population, and huge ...
Tinubu urges larger Commonwealth countries to priorities food importation from Africa
President Bola Tinubu has called on larger and more economically advanced members of the Commonwealth to prioritise food and material ...
World Bank projects 622 million people globally will live in extreme poverty by 2030
The World Bank has projected that 622 million people, representing 7.3% of global population will live in extreme poverty by ...
U.S. pledges $500 million, one million doses of vaccine to combat mpox in Africa
U.S. President Joe Biden has pledged $500 million to African countries for the prevention and response to mpox, donates one ...
PZ Cussons progress with plans to sell its African business after receiving expressions of interest
Soap maker and household item manufacturer, PZ Cussons has hinted at plans to sell its African business stating that it has ...
Africa left out as Uber signs landmark deal with China’s BYD
Ride-hailing giant, Uber, has inked a multi-year deal with Chinese electric vehicle (EV) maker, BYD, to deploy 100,000 new EVs ...
MTN pays $3.3 billion tax across 19 markets in 2023
MTN Group Chief Financial Officer Tsholo Molefe revealed that MTN paid a hefty $3.3 billion in tax contributions across 19 ...
