Category: African Business
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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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The True Origins of Pan-Africanism: A Legacy of Liberation, Not Myth
In an era of misinformation, a recent propaganda piece has attempted to tarnish the Pan-African movement by falsely claiming its name derives from the Greek god Pan. This could not be further from the truth. This article breaks down the true, powerful origins of the Pan-African movement and the visionary leaders who shaped its destiny.…
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๐ฒ๐ผMalawi: Kula Gold plans a first drilling program for the Wozi niobium deposit
Niobium is a metal in demand in metallurgy, electronics, and aerospace industries due to its corrosion resistance. 90% of its production comes from Brazil, but new projects are emerging in Africa. Australian company Kula Gold plans to start drilling at its Wozi niobium project in Malawi in November 2025 after obtaining an exploration license. Preliminary…
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๐ฒ๐บ Corporate Council on Africa Announces the Republic of Mauritius as Host of 2026 U.S.-Africa Business Summit
Washington, DCโ The Corporate Council on Africa (CCA) and the Government of the Republic of Mauritius have the honor to announce that the Republic of Mauritius will host the 18th U.S.-Africa Business Summit in 2026. A Memorandum of Agreement (MOA) was signed today on the sidelines of the United Nations General Assembly in New York…
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๐จ๐บAssata Shakur, Revolutionary Voice and Exiled Figurehead, Has Passed Away
HAVANA, CUBA โ Assata Shakur, one of the most iconic and contentious figures in the modern Black liberation movement, has died. A former member of the Black Liberation Army who lived for decades in political asylum in Cuba, Shakurโs passing was confirmed by close associates and family, citing health complications. She was 76. Shakurโs life…
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๐ธ๐ฉ๐ท๐บ Sudan and Russia signed a protocol on economic and trade cooperation in Moscow on September 24
๐ธ๐ฉ๐ท๐บ Sudan and Russia signed a protocol on economic and trade cooperation in Moscow on September 24, as well as two memorandums of understanding in the field of transport and infrastructure The eighth meeting of the Joint Sudanese-Russian Committee on Economic Cooperation ended in Moscow. The Sudanese side was headed by the Minister of Mineral…
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๐ฏ๐ตAnti-Immigration Uproar Forces Japan to End Africa Exchange Plan
Japan has scrapped a plan to promote cultural exchanges between regional cities and four African countries, after misinterpretations and disinformation sparked fears it would open the doors to mass immigration. The reversal came amid heightened focus on foreigners in Japan, just two months after a surge of support for anti-immigration party Sanseito in Japanโs upper…
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๐ฌ๐ญ US deportees sue Ghana over ‘illegal’ detention
Eleven people detained in Ghana after being deported from the US have sued the West African nation’s government, their lawyer has told the BBC. Oliver-Barker Vormawor said the deportees had not violated any Ghanaian law, and their detention in a military camp was therefore illegal. He wanted the government to produce the group in court,…
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Nepal protests grow more violent as protesters torch government buildings, attack politicians
Protests against Nepal’s short-lived ban on social media grew increasingly violent Tuesday as demonstrators set government buildings and politicians’ homes on fire and attacked some leaders. The prime minister resigned amid widening criticism of the country’s political elite. The resignation appeared to have little effect on the unrest. Tens of thousands of protesters remained on…
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