Category: African Business
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๐ฐ๐ช Groundings and Growth: Kenya Airways Navigates Turbulence Amid Fleet Expansion Plans
NAIROBI, Kenya โ Kenyaโs national carrier, Kenya Airways (KQ), finds itself in a period of contrasting fortunes, grappling with severe operational disruptions while simultaneously charting an ambitious course for future growth. The airline is currently contending with significant maintenance delays that have sidelined a third of its wide-body fleet, casting a shadow over its recovery…
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๐ฌ๐ญ Shipping Vehicles to Ghana: A Complete Guide to Costs and Customs Clearance
For individuals and businesses across the Pan-African diaspora, importing a vehicle to Ghana represents a significant undertaking. Navigating the intricate web of shipping options, customs regulations, and registration processes is essential for a successful import. This guide provides a comprehensive overview to help you understand the journey from an overseas port to Ghanaian roads. ๐ข…
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๐ช๐ฌ Egypt: Pharaoh’s tomb reopened after more than 20 years of renovations
One of the largest tombs in Egypt’s Valley of the Kings reopened to visitors on Saturday after more than 20 years of renovation. Amenhotep III ruled between 1390 and 1350 BC and was one of the most prominent pharaohs of ancient Egypt. His reign marked a time of exceptional prosperity and grandeur, during which Egypt…
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๐ช๐ฌ Liberia, Egypt Explore Direct Flights
MONTREAL, CANADA โ The Liberia Civil Aviation Authority (LCAA) has opened discussions with senior Egyptian aviation officials on expanding air connectivity and strengthening bilateral cooperation in the aviation sector. The talks, held on the sidelines of the 42nd International Civil Aviation Organization (ICAO) General Assembly in Montreal, brought together LCAA representatives, Egyptโs Minister of Aviation,…
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Lamborghinis and Luxury Boats: The $116 Million Looting of a South African Hospital
In a staggering case of corruption that has shocked South Africa, criminal syndicates looted over 2 billion rand (approximately $116 million) from the Tembisa Hospital, spending the stolen public funds on a fleet of luxury cars, including multiple Lamborghinis, a Bentley, and high-end properties. The interim report from the country’s Special Investigating Unit (SIU) reveals…
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๐ฑ๐ท Liberia Court Orders Arrest of Former Ministers Over Missing 53-Carat Diamond
In a landmark ruling, Liberia’s Supreme Court has cleared the way for the arrest of several high-profile former government officials, accused of orchestrating the illegal seizure and sale of a massive 53.34-carat diamond. Supreme Court Clears Path for Arrest The Supreme Court of Liberia has lifted a stay order that had temporarily halted legal proceedings,…
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๐ง๐ผ Botswana Nears Historic Deal for Majority Stake in De Beers
In a move that could dramatically reshape the global diamond industry, Botswana is pushing to finalize a deal to acquire a majority stake in the legendary gem company, De Beers, by the end of next month. This potential acquisition represents a seismic shift for the southern African nation, which has been the primary source of…
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West Africa in Transition: Regional Diplomacy Intensifies Amid Security Challenges
In a remarkable week of diplomatic activity across West Africa, multiple heads of state and foreign ministers have engaged in a flurry of bilateral visits, reflecting both the profound challenges and emerging opportunities facing the region. From Liberia’s strategic overtures to Burkina Faso to Sierra Leone’s bridge-building mission and Ivory Coast’s security concerns, these developments…
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Where Millionaires in Africa Reside
Where Africaโs Millionaire Population ResidesBelow, we show the number of millionaires in Africa. Countries such as Tunisia and DRC are not included due to insufficient data. Country Number of Millionaires(USD $1M+) Number of Centimillionaires(USD $100M+) Millionaire Growth2015-2025๐ฟ๐ฆ South Africa 41.1K 112 -6%๐ช๐ฌ Egypt 14.8K 49 -15%๐ฒ๐ฆ Morocco 7.5K 35 40%๐ณ๐ฌ Nigeria 7.2K 20 -47%๐ฐ๐ช Kenya…
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๐จ๐ฎ Uber’s Exit from Ivory Coast: Reshaping Abidjan’s Ride-Hailing Landscape
Uber’s Surprise Departure from West African Market In a move that surprised both users and industry observers, Uber officially ceased operations in Cรดte d’Ivoire on September 24, 2025, marking the complete withdrawal of the ride-hailing giant from its first African market after six years of operation. The company, which had launched in Abidjan in December…
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