West Africa

Gen. Sahal Abdullahi Omar's Inspiring Visit to the Frontlines Mogadishu (AX) — This week, Gen. Sahal Abdullahi Omar, the Commander of the Somali National Army's Ground Forces, took a significant step on the battlefield by visiting frontline positions in Middle Shabelle. His presence served not only as a tactical inspection but more importantly, as a source of motivation for the troops who have recently achieved commendable success against al-Shabab militants. The visit was not merely ceremonial; it was a vital…

Celebrating Djibouti: 48 Years of Independence Djibouti (AX) — On a vibrant Thursday, President Ismail Omar Guelleh gathered not just with government officials, but with hundreds of enthusiastic citizens, all to celebrate a significant milestone—the 48th anniversary of Djibouti's liberation from French colonial rule. The air was filled with excitement and pride, encapsulating a journey marked by struggle, resilience, and unity. The national celebration, observed on June 27 each year, serves as a poignant…

When we look at the oil sector, one crucial indicator captures the pulse of the industry: the rig count. At a glance, a high rig count generally signifies a flourishing oil economy. This number reflects the vibrancy of exploration and production (E&P) activities, which in turn attract significant investments, create job opportunities, and ultimately enhance revenue streams. In a way, it’s like a heartbeat—the stronger it is, the healthier the industry appears. In numerous African nations, where oil and gas…

A Legacy of Stability: 40 Years of Commitment & Impact Recently, the vibrant city of Lagos set the stage for a remarkable gathering, uniting colleagues, family, and industry peers from all corners of Africa and beyond. The occasion? A heartfelt tribute to Mr. Aghoghovbia’s profound impact on Africa Re and the broader insurance and reinsurance landscape. With the evening themed "A Legacy of Stability," it was a testament to 40 years of dedication, resilience, and unwavering commitment to excellence. Mr. Aghoghovbia,…

Each year, TIME's renowned annual list shines a spotlight on 100 companies worldwide that are making remarkable strides in their respective fields. Now in its fifth year, this esteemed recognition celebrates businesses innovating, disrupting, and transforming industries. It's an opportunity to reflect on the stories behind these brands and to consider the future paths they may lead us down. Moniepoint Inc Among the standout companies this year is Moniepoint Inc from…

Mali's Strategic Shift: Strengthening Ties with Moscow The recent diplomatic journey undertaken by Mali's transitional leader, Colonel Assimi Goïta, underscores a pivotal moment in the country's foreign relations. His visit to Russia highlights the deepening ties between Mali and Moscow at a time when Mali is stepping away from traditional alliances, particularly with the Economic Community of West African States (ECOWAS). As Goïta embarks on this military transition, one must consider how these shifts are redefining…

Aliko Dangote: A Vision for Transparent Growth In an exciting move that has the potential to reshape the landscape of African commerce, Aliko Dangote, Africa's wealthiest individual, has unveiled plans to list his colossal Nigerian oil refinery on the stock market by the end of 2026. This ambitious strategy aims not only to broaden the investor base but also to address lingering concerns around the monopoly power of his conglomerate. Speaking during the African Export-Import Bank’s annual general meeting in Abuja, Dangote…

Nigerian billionaire Aliko Dangote has embarked on an ambitious journey to transform Africa's agricultural landscape. Recently, he announced plans to significantly expand the $2.5 billion Dangote Fertilizer Plant, a move that aligns with a broader vision to foster industrial transformation across the continent. This initiative is not merely business; it’s a strategic step toward self-sufficiency for African farmers, who have long faced challenges stemming from dependency on imported fertilizers. The forthcoming…

In a significant development, the University of Ghana has announced an immediate suspension of all social gatherings and student-organized events on campus. This decision follows a concerning resurgence of COVID-19 cases within the university community. Just as we were beginning to adapt to a semblance of normalcy, the challenges persist, reminding us how fragile that balance can be. On Thursday, June 26, 2025, the university’s Health Directorate confirmed new suspected and confirmed cases on campus, leading to this…

When discussions about Africa’s development arise, the narrative often gravitates toward foreign aid or investments. But what if the keys to building Africa’s vibrant future lie right here, within our own borders? Recent insights from the Africa Finance Corporation (AFC) indicate precisely that. Astonishingly, Africa is home to over $1.1 trillion in institutional capital derived from domestic sources such as pension funds, insurance companies, sovereign wealth funds, and development banks. Imagine that…