Eye on Africa

As reported by the renowned Forbes, the African billionaires' league has marked an epoch of unprecedented affluence, with individual and combined fortunes soaring to new heights. But how did we get here? How have these titans of industry navigated the often turbulent waters of the African financial landscape? These are the questions that intrigue us as we delve into the profiles of the continent's most affluent. Let's pause for a moment and consider Aliko Dangote, a name that has become…

Mogadishu (AX) — In a significant turn of events, the Somali government forces, reinforced by local clan militias, have successfully seized full control of the Ruunirgood district. This decisive move on Monday marks a pivotal advancement in the ongoing battle against the al-Shabaab insurgents in the Middle Shabelle region. In an official statement, the Federal Government of Somalia eloquently outlined the vigorous security operations that are currently being conducted in and around this recently liberated…

File photo: Al-Shabaab militants. AP It was an early Sunday morning when silence shattered near Mogadishu's bustling airport; Al-Shabaab militants, notorious for their swift and sudden attacks, sent a wave of mortars crashing perilously close. This hostile disruption wreaked havoc on international flight schedules, casting a shadow over Somalia's efforts to maintain its fragile peace. A security official confided in AFP, shedding light on the severity of the intrusion. Reflecting on the incident, one cannot help but ponder…

If your spirit yearns for exploration, Africa extends an invitation you can't refuse. The untamed beauty and sheer audacity of its landscapes beckon every traveler seeking the extraordinary. As of 2025, TimeOut highlighted four African wonders in its prestigious list of the 44 most stunning places globally. This is a testament to Africa’s unparalleled natural allure—reminding us of its place in the tapestry of the planet’s natural gems. But what makes these destinations so extraordinary? The discerning eyes of…

Navigating the Undulating Terrain of Nigeria's Oil Market Last week marked a significant shift in global oil prices, as crude oil saw its value tumble to depths not seen since 2021. Was it former President Trump's imposing import tariffs that sparked this? Perhaps it was the unexpected increase in oil supply by OPEC+ that sent ripples through the market, slicing a hefty $10 from global benchmarks per barrel. And suddenly, by Friday, the crude oil prices had plummeted to $65 a barrel. For many, this…

Hargeisa (AX) — In a robust session filled with fervor, North Western State of Somalia’s Parliament recently took a resolute stance against plans unveiled by Somali Prime Minister, Hamsa Abdi Barre, intending to visit Las Anod — the significant administrative hub of the SSC-Khatumo region, which North Western State of Somalia staunchly claims as its dominion. The legislative assembly's condemnation resonated throughout the chambers during its opening session on Monday following a hiatus. The lawmakers stood united,…

President Donald Trump has characterized the tariffs imposed by the United States on various nations, including numerous countries in Africa, as "reciprocal." He presents these measures as not only fair but also as a form of magnanimity towards the targeted nations. Trump claims that the tariffs levied on American imports from these countries are significantly lower than the duties those same nations impose on U.S. exports. This assertion begs the question: Are we truly engaging in balanced trade, or are we merely shifting…

Human rights organizations, whose mission it is to stand against injustices, have expressed growing concern over the increasing reports of forced marriages and abuse within refugee camps. The exhumation of Gacala's body has drawn their keen attention. "We are closely monitoring the process to ensure justice is served," said one spokesperson. To ensure the proceedings' integrity, the court has enlisted officers from the Dagahaley Police Station to maintain a secure perimeter during this crucial step. The…

On April 7, Rwanda solemnly observed the 31st anniversary of the 1994 genocide—a cataclysmic event that claimed the lives of approximately 800,000 people, predominantly from the Tutsi ethnic group, at the hands of Hutu militias. This year, the United Nations has formally recognized April 7 as the International Day of Reflection on the 1994 Genocide against the Tutsi. This designation marks the beginning of a hundred days steeped in remembrance, culminating in Liberation Day on July 4. It is a time for collective grief,…

Screder’s Bold Leap: Embracing the Cross-Border Financial Services Terrain Summary: Pioneering fintech enterprise, Screder, unveils comprehensive cross-border payment solutions, addressing the rising need for boundless financial interactions. In the ever-evolving realm of digital finances, SCREDER Finance stands poised on the brink of a significant transformation. Anyone who’s watched the rapid digitization of financial services knows this isn't just a passing fad. But have you ever…