Ghana has taken a significant step toward diversifying its energy mix by signing an agreement with a U.S. developer to build its first nuclear power plant using NuScale Power’s innovative technology. This agreement marks a new chapter in Ghana’s energy strategy, aligning with the country’s industrial ambitions and climate goals. The U.S. State Department confirmed…
The Nigerian National Petroleum Company Limited (NNPC) has announced its plan to engage reputable and credible Operations and Maintenance (O&M) companies to operate and maintain two of its major refineries: the Warri Refining and Petrochemical Company (WRPC) and the Kaduna Refining and Petrochemical Company (KRPC). This development was disclosed in a statement released on Friday…
The Nigerian naira has crashed beyond N1,600 against the US dollar in both the official and black market exchange rates, highlighting ongoing concerns over Nigeria’s economic stability. Despite recent interventions by the Central Bank of Nigeria (CBN) to stabilize the currency, the naira continues to face significant pressure in the foreign exchange markets. Naira Depreciates…
Namibia is set to cull more than 700 wild animals, including elephants, zebras, and hippos, as part of an effort to distribute meat to communities struggling with food insecurity due to the worst drought the country has faced in a century. The Ministry of Environment, Forestry and Tourism announced on Monday that the culling program…
Australians are falling victim to increasingly sophisticated crypto investment scams, losing over $122 million (AUD $180 million) in just 12 months, according to a recent press release from the Australian Federal Police (AFP). The report reveals that people under 50 are now the primary target of these fraudulent schemes, highlighting a growing trend that younger…
As Nigeria’s economic challenges deepen, many citizens are preparing for difficult months ahead, with plans to rely heavily on borrowing and depleting their savings to meet financial obligations. This trend is highlighted in the Central Bank of Nigeria’s (CBN) July 2024 Household Expectations Survey, which reveals a growing sense of pessimism among Nigerian consumers about…
Starlink, the Low-Earth Orbit (LEO) satellite internet service by SpaceX, is now operational in Botswana. This development adds the country to the growing list of African nations adopting Starlink to improve their internet infrastructure. The service aims to provide high-speed internet to underserved and remote regions, promising significant benefits for Botswana’s digital landscape. Botswana has…
Ethiopian Airlines, Africa’s largest carrier, is leasing planes to keep up with its ambitious expansion plans due to significant delays in aircraft deliveries from Boeing Co. The Addis Ababa-based airline has been waiting for several months for the arrival of its much-anticipated Boeing 737 Max jets and 777 freighters, creating a ripple effect on its…
The Nigerian government recently announced a new policy setting the minimum age for the Joint Admissions and Matriculation Board (JAMB) examination, which is required for entry into tertiary institutions, at 18 years and above. This decision has sparked widespread criticism, particularly from Atiku Abubakar, a prominent opposition figure and former Vice President, who ran against…
Former President John Dramani Mahama has voiced concerns over a growing trend in Ghana where a significant portion of the population sees military rule as a preferable option to democracy. Mahama, who is also leading the National Democratic Congress (NDC) in the upcoming 2024 general elections, addressed this issue during his keynote speech at the…