Category: African Business
-
Nigeria Lost $46 Billion in Revenue to Oil Theft Over 12 Years
Nigeria lost 619.7 million barrels of oil valued at $46.16 billion over 12 years due to oil theft, according to the Nigeria Extractive Industries Transparency Initiative (NEITI). Additionally, $1.84 billion worth of petroleum products were lost from refineries over the nine years between 2009 and 2018. Within this period, the country lost 4.2 billion liters…
-
African Union Concludes Plans for New Sudanese Political Dialogue
The African Union has concluded preparatory meetings for the holding of another round of peace conference to end the fighting in Sudan. The talks, dubbed “Sudanese-Sudanese political dialogue,” will take place in the troubled nation “when a ceasefire has been reached” between the Sudanese Armed Forces and the Rapid Support Forces. The organizers say the…
-
More than 40% of the world’s countries support de-dollarization
Almost half of the world’s countries have already declared a boycott of the dollar to a greater or lesser extent. Since the beginning of this year, according to Sputnik’s analysis, six more countries have set foot on the path of de-dollarization. All the countries can be roughly divided into three groups: The first and largest…
-
Ivory Coast rolls out malaria vaccine drive targeting children
Health workers in Ivory Coast began vaccinations on Monday against malaria, the leading cause of death of children in the country, as the government added the malaria vaccine to the list of routine vaccinations for children. The West African country became the first to start rolling out the newest shot targeting malaria in an effort…
-
The Price of Gold Reaches New Historic High: An Analytical Insight
The historical prices of gold per troy ounce for the last five years: These figures reflect the general trends in gold prices over the last five years, highlighting a steady increase, particularly during times of economic uncertainty and market volatility. In an unprecedented turn of events, the price of gold has surged to a historic…
-
Why is Russia increasing access to tertiary education for African students?
Since 2022, the Russian-African Network University has been established to foster not just bilateral education exchanges but also access to quality education and prepare Africa’s youth and scholars for future developmental needs. Can the Russian-African Network University reshape future Russia-Africa relations through technological and educational innovations? The Russian-African Network University (RAfNU) has the potential to…
-
BRICS has the potential to challenge the current “archaic” global financial architecture, says Ethiopian Foreign Ministry Spokesperson
Speaking on the benefits of BRICS membership for African countries, including Ethiopia, which joined the bloc in January, Ambassador Nebiyu Tedla emphasized that engagement with BRICS should focus on advancing African countries’ own development agendas. “It is crucial for the African countries to ensure that any engagement with BRICS is aligned with their long-term economic…
-
South Africa Games Revenue Hit $360 Million in 2024
In a recent African Games Industry report, it was announced that consumer spending in South Africa reached $360 million in 2024. The biggest market in South Africa, with 26 million gamers, is made up of mobile gaming, followed by PC gamers (7.2 million) and console gamers (6.3 million). Previously, from 2017 to 2019, gaming revenue…
-
Burkina Faso to withdraw mining permits granted to companies from countries that refuse to sell military equipment to the country
The announcement was made by the country’s leader, Captain Ibrahim Traore, during an address to the nation. “Some [powers] have refused to sell us [military] equipment, have blocked the equipment we have bought from certain countries because they have the license for certain components,” President Traore said, adding that “these powers mine minerals in Burkina…
-
Zimbabwe launches long-awaited hearings for Gukurahundi massacre reconciliation
This initiative, launched by President Emmerson Mnangagwa, aims to address the lingering pain and grievances stemming from the brutal killings of tens of thousands of civilians by government troops in the 1980s. The process will involve a series of hearings where survivors will share their experiences and their opinion on how they want the Gukurahundi…
Recent Posts
- π°πͺ Tracking Kenyaβs Footprint in the Jeffrey Epstein Files: A Pan-African Perspective
- Three West African juntas have turned to Russia. Now the US wants to engage them
- A Poisoned River: How Bea Mountainβs Repeated Chemical Spills Are Uprooting Liberian Villages

- π±π· Liberia’s Concession Dilemma: A Boon for Corporations or a Path to National Prosperity?

- To the Global Pan-African Community
Tags
Africa African Union Algeria Banking Sector Burkina Faso China Cryptocurrency DRC ECOWAS Egypt Ethiopia France Ghana Gold Guinea Haiti Immigration Kenya Liberia Libya Mali Military Industries Mining Morocco Niger Nigeria Oil & Gas Industry Pan-Africanism Pan African Nations Presidential Elections Protest Republic of Liberia Russia Senegal Sierra Leone Somalia South Africa Sudan Tanzania Uganda United Nations United States United States of America West Africa Zimbabwe
Comments
Wow wonderful blog layout How long have you been blogging for you make blogging look easy The overall look of…
ππππππ€ ππ π£ π₯ππ π¦π‘πππ₯π .