Top 10 Most Tranquil African Nations of 2025: Latest Insights

Mauritius has earned the title of Africa's most peaceful country for 2025, proudly securing the impressive 26th position globally. Following closely is Botswana, ranked 43rd, with Namibia claiming the third spot on the continent at 50th globally. These rankings serve as a beacon of hope, amidst a world that often highlights turmoil. In our daily lives, it’s easy to be inundated by headlines that focus primarily on unrest. Yet, the latest Global Peace Index for 2025 offers a refreshing perspective, reminding us that peace…

Bola Tinubu Concludes His Tenure as ECOWAS Chair in Nigeria

Leadership Transition: President Bio Takes the Helm at ECOWAS The recent transition in leadership at the Economic Community of West African States (ECOWAS) has brought significant implications for the region. President Julius Maada Bio of Sierra Leone has officially replaced Nigeria's President Bola Ahmed Tinubu, whose two-term presidency has been marked by notable challenges and efforts to maintain democratic governance amidst regional turbulence. This transition was confirmed during the ECOWAS Heads of State and…

Ecuador Suspends Visa-Free Transit for 34 African Nations, Including Nigeria and Rwanda

Ecuador has recently made a significant shift in its immigration policies, announcing the cancellation of visa-free transit privileges for citizens from 45 nations. This change notably affects 34 countries in Africa, marking a pivotal moment in the region's relationship with Ecuador and its transit systems. Under the new directive, travelers hailing from these African countries will now be required to obtain a Transit Visa (Visa de Transeúnte) if they wish to transit through Ecuadorian airports, a process that includes…

Eight African Nations Facing Skyrocketing Housing Costs in 2025

The 2025 Global Housing Affordability Index, published by Numbeo, sheds light on a troubling reality for many African nations: a substantial disconnect between property prices and the average incomes of households. This gap underscores an urgent crisis that transcends mere statistics, affecting real lives and futures across the continent. Recent rankings show that Ethiopia and Cameroon sit near the bottom of the global affordability ladder, only surpassed by Syria and Cuba. This situation raises an inevitable…

Satellite Imagery Reveals Devastation at Iran’s Hidden Fordow Nuclear Facility After US Airstrikes

Recent satellite imagery captured by Maxar Technologies, released by Business Insider, reveals striking visuals of substantial craters and disruptions surrounding the Fordow underground complex, located south of Tehran. This data, collected on a seemingly unremarkable Sunday, tells a different tale—a story of explosive military actions and deep geopolitical implications. In these compelling images, a layer of dust blankets the terrain, remnants of the recent airstrikes that have shaken this vital location.…

China Gains Ground on U.S. as Africa and Others Adopt Yuan Payments

In a significant move underscoring the dynamics of global finance, the South China Morning Post recently reported that six prominent financial entities have officially joined the Cross-border Interbank Payment System (CIPS) as direct participants. Among them are the African Export-Import Bank, First Abu Dhabi Bank, South Africa’s Standard Bank, Singapore’s United Overseas Bank, Eldik Bank of Kyrgyzstan, and Chongwa (Macau) Financial Asset Exchange. This ceremony, held in the bustling city of Shanghai last week, marks a…

China Launches $7 Billion Investment in Malawi’s Mining Industry

A Transformative Agreement: China and Malawi Collaborate in Mining On June 16, 2025, a significant milestone was established during the China-Africa Economic and Trade Expo (CAETE) held in Changsha, China. The memorandum of understanding (MoU) signed on that day promises to reshape the economic landscape of Malawi, particularly through a large-scale titanium extraction initiative in Salima, alongside the development of a cutting-edge mineral processing facility. This venture is more than just another deal; it’s a…

Congo Suspends Cobalt Shipments as Global Market Faces Turmoil

The Democratic Republic of Congo (DRC), a nation rich in mineral resources, has made the significant decision to extend its temporary suspension on cobalt exports by an additional three months. This announcement, made on Saturday by the DRC’s strategic minerals regulator, underscores the complexities and challenges faced by a country that is a linchpin in the global cobalt market. But what led to this extension? The answer lies in the ongoing oversupply of cobalt, a crucial ingredient in electric vehicle batteries and…

US Airstrikes Target Iran’s Shielded Nuclear Facility; Trump Claims Total Destruction

A New Chapter: The Military Strikes on Iran In a momentous press conference, Secretary of Defense Pete Hegseth hailed the recent military operation in Iran as an "incredible and overwhelming success." His enthusiasm was palpable as he conveyed the clarity and decisiveness of the orders issued by the Commander-in-Chief, stating that the mission effectively "devastated the Iranian nuclear program." The nation was captivated when President Donald Trump addressed…

Billionaire Visionaries: Musk and Zuckerberg’s Groundbreaking Schools

Welcome to Your Daily Insight on the African Economy! Thank you for joining us on this exciting journey through the vibrant landscape of the African economy. Each day, we curate editor's picks from the finest Business Insider news content, ensuring you stay informed about the pivotal trends and conversations shaping the African market. Our coverage spans a wide array of topics, from influential leaders and career advice to lifestyle insights that resonate with you. While you’re here, make sure to connect with us through…

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More