Tag
AFRICA
A draft executive order from the White House proposes sweeping changes to the United States’ diplomatic strategy, including drastic reductions in its presence in Africa and the elimination of State Department offices focused on climate change, democracy, and human rights.
Nigeria has witnessed a major shift in its trade dynamics, with Africa emerging as the country’s largest export destination in 2024.
The United Nations Economic Commission for Africa (ECA) has raised alarms over the state of debt across the continent, revealing that 40% of African nations are either in debt distress or at high risk.
Africa has the potential for tremendous economic growth in the coming years spurred by a bourgeoning youth population, and huge reserves of natural resources, especially renewable energy transition materials.
President Bola Tinubu has called on larger and more economically advanced members of the Commonwealth to prioritise food and material imports from African countries to boost trade relations in the Commonwealth.
The World Bank has projected that 622 million people, representing 7.3% of global population will live in extreme poverty by 2030 as efforts to eradicate poverty stall.
U.S. President Joe Biden has pledged $500 million to African countries for the prevention and response to mpox,...
Soap maker and household item manufacturer, PZ Cussons has hinted at plans to sell its African business stating that it has received a number of expressions of interest.
Ride-hailing giant, Uber, has inked a multi-year deal with Chinese electric vehicle (EV) maker, BYD, to deploy 100,000 new EVs onto its platform.
MTN Group Chief Financial Officer Tsholo Molefe revealed that MTN paid a hefty $3.3 billion in tax contributions across 19 markets.
Vodacom Group Ltd. is currently in discussions with France’s Orange SA about forming a strategic partnership to explore infrastructure deals in Africa, aiming to reduce costs across the continent.
MTN Group CEO and President, Ralph Mupita, has urged African governments to harmonize regulations, especially in the tech sector, to encourage increased investment in digital infrastructure.