Category: International Business & Finance
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Nigeria, Brazil intensify flight connectivity talks, media report
Discussions started between Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, and the Brazilian Ambassador to Nigeria, Carlos Garcete, to activate the Bilateral Air Services Agreement (BASA) and commence direct flights between Nigeria and Brazil. The talks are a follow-up to a 2018 Memorandum of Understanding between the countries, aimed at boosting air connections…
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Morocco’s Strategic Preparations for the 2030 FIFA World Cup
Morocco, in collaboration with Spain and Portugal, is set to host the 2030 FIFA World Cup, marking a historic milestone for the nation. Under the coordination of Fouzi Lekjaa—both Minister Delegate for the Budget and President of the Moroccan Football Federation—the Kingdom is taking strategic steps to ensure the event’s success while unlocking substantial economic…
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Africa’s Growing Drone Market: Innovations and Opportunities Across the Continent
The drone industry in Africa is rapidly evolving, with several companies making significant strides in manufacturing, training, and service delivery. Countries like South Africa, Nigeria, Rwanda, and Ghana are leading the charge, leveraging both military and civilian drone technology to address local challenges and tap into global markets. This article explores the top players in…
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Nigerian Air Force Chief Visits Italy to Evaluate Leonardo’s Military Aircraft
In a move aimed at enhancing the capacity and operational efficiency of Nigeria’s armed forces, the Chief of the Nigerian Air Force (NAF) embarked on a strategic visit to Italy last week. The high-level delegation, which included top technical officials, traveled to Milan to engage with representatives from Leonardo S.p.A., the renowned global aerospace and…
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The Evolution of Hydroelectric Power in Liberia: From Mount Coffee to Today
The history of hydroelectric power in Liberia has been shaped by both ambition and devastation. Central to this story is the Mount Coffee Hydropower Project, which was constructed in the 1960s to supply electricity to much of the country. However, like many aspects of Liberia’s infrastructure, the project’s fate has been deeply affected by the…
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Anthony Nkinzo: The Quiet Power Behind Tshisekedi’s Private Office
As President Félix Tshisekedi enters his second term in the Democratic Republic of Congo (DRC), the spotlight has shifted to Anthony Nkinzo, the president’s newly appointed chief of staff. Despite lacking the political influence traditionally associated with this role, Nkinzo brings a wealth of experience from the business world and has garnered support from influential…
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Youth Unemployment in ECOWAS Countries: Growth, Declines, and Emerging Trends
Youth unemployment is a pressing issue across the Economic Community of West African States (ECOWAS), where populations are expanding rapidly, but job creation has struggled to keep pace. The region faces varying economic realities, with some countries experiencing growth and declines in unemployment, while emerging trends offer both challenges and opportunities for young people. Countries…
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39-Year Old Black Entrepreneur Makes History, Awarded $13.4 Billion Dollar Defense Contract
Meet Isaac Barnes, the young founder and President of Eminent Future, whose Black-owned tech firm has been awarded a $13.4 billion dollar defense contract with the U.S. Airforce and the U.S. Spaceforce. Isaac is a marvel, reminiscent of young Black leaders transcending generations of relevant and personable individuals who have made such an extraordinary mark in…
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South Africa launches new remote work visa and points-based system to attract talent
The remote work visa is designed to attract high-earning individuals employed abroad to spend in South Africa, benefiting local businesses and services, according to the Department of Home Affairs. Minister of Home Affairs, Leon Schreiber, emphasized that these reforms are designed to position South Africa as a leading destination for investment and tourism, while creating…
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South African President cleared in $580K couch cash case after 2-year probe
South African President Cyril Ramaphosa won’t face criminal charges over a hidden cash scandal that was revealed more than two years ago and led to an investigation by a special police unit, prosecutors said Thursday. A former national security chief laid a criminal complaint against Ramaphosa in June 2022, accusing him of kidnapping, bribery and…
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