News Update
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Elon Musk’s Starlink in Talks to Launch Satellite Internet Service in South Africa
Elon Musk’s Starlink is in discussions with the South African government to bring its satellite internet service to the country,…
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Top 10 African Countries with the Largest Foreign Direct Investments (FDI) in 2024
Foreign Direct Investment (FDI) is a crucial driver for economic growth and development, providing countries with much-needed capital to diversify…
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Top 10 Africa’s Fastest Growing Economies in 2024: IMF Report Highlights Real GDP Growth
In April 2024, the International Monetary Fund (IMF) released its report on Africa’s real Gross Domestic Product (GDP) growth, revealing…
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Rwanda Begins Construction on $300 Million Kigali Innovation City: Africa’s New Silicon Valley
Rwanda has embarked on a transformative journey with the construction of the $300 million Kigali Innovation City (KIC), a groundbreaking…
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Cape Town to Open Second Airport, Cape Winelands Airport, by 2027
Cape Town, South Africa, is set to welcome a new gateway to the world, with the construction of the Cape…
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Nigerian Loan Apps: Safety Tips and Key Considerations for Borrowers
In recent years, Nigerian loan apps have become increasingly popular, offering swift and easy access to much-needed cash. However, this…
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Dangote Refinery Faces Boycott from Local Marketers, Exporting Majority of Production
The Dangote Refinery, Africa’s largest, is facing challenges as local petroleum marketers in Nigeria continue to boycott its products, preferring…
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Uganda Set for Over 10% GDP Growth Following Oil Production Start in 2025
Uganda’s economic growth is projected to soar beyond 10% in the next financial year, driven by the anticipated commencement of…
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EFCC Chairman Vows to Enforce Financial Regulations in Nigeria’s Banking Industry
In a determined effort to sanitize Nigeria’s banking industry, Ola Olukoyede, the Chairman of the Economic and Financial Crimes Commission…
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Federal Government Allocates N47.5 Billion for Upgrading 50 Secondary Schools Nationwide
The Federal Government has allocated N47.5 billion for the initial phase of upgrading 50 selected senior secondary schools across Nigeria.…
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