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Lagos Becomes Africa’s Second-Biggest City Economy at $259B

Lagos, a city pulsating with energy and ambition, has marked a monumental milestone, now ranking as Africa's second-largest economy, trailing only behind the bustling metropolis of Cairo, Egypt. Just pause for a moment to ponder this achievement. It isn't just a tale of numbers but a testimony to the relentless spirit that courses through the veins of Lagos. Reflecting on the first half of 2024, Lagos’s economy unveiled its remarkable resilience, with a staggering growth to ₦27.38 trillion, soaring from ₦19.65…

Somali Leader Urges Peaceful Dialogue at IGAD Summit

Somalia's Call for Peace and Dialogue in South Sudan Mogadishu (AX) – With the hum of technology bridging nations, the virtual realm played host to the 43rd Extraordinary Assembly of the Intergovernmental Authority on Development (IGAD), convened to address a crisis that sees no borders—the ongoing security and political turmoil in South Sudan. On Wednesday, Somali President Hassan Sheikh Mohamud turned the spotlight towards peace, once more affirming Somalia's unyielding dedication to regional tranquility. In this…

Nine African Nations Facing the Most Internet Shutdowns in 2024

By the time you hear about an internet shutdown, the damage has often already set in, like ripples spreading across a pond. According to a report from the vigilant watchdogs at Access Now and the #KeepItOn coalition, Africa saw an unsettling record of 21 internet shutdowns across 15 of its nations last year—a stark increase from the previous records of 19 in both 2020 and 2021. This begs the question: what compels governments to flip the switch in times of turmoil? Among the affected…

Exploring Africa’s Biggest Russian Food Markets and Their Value Shift

There's a significant buzz in the world of global trade, and it seems to have taken root in the fertile grounds of Africa. Not long ago, experts projected a notable surge in Russian agricultural exports to the continent, with an estimation surpassing $7 billion by 2024. If you think that sounds impressive, the anticipated growth, a jump of 19% from 2023, reveals not only the ambitious spirit of Russian trade but also the burgeoning partnership between these distant lands. When it comes to the…

Meet Africa’s 2025 Billionaire Prodigies: The Young Elite

It is often said, "Youth is wasted on the young," but is that truly the case when it comes to wealth acquisition on the African continent? Paradoxically, despite Africa's vibrant young population, the upper echelons of wealth often belong to individuals well into their later years. Indeed, among Africa's billionaires, only a single individual falls below the age of 50. This discrepancy raises intriguing questions about the paths to wealth for the younger demographic in Africa. Perhaps the challenge lies in traditional…

Three African Nations Unscathed by IMF Loans

Financial Independence in Africa: The Unique Journey of Three Nations Edited By Ali Musa Axadle Times International – Monitoring In a world where financial entanglements are often seen as inevitable, three African nations — Botswana, Libya, and Eritrea — have charted a distinct and arguably enviable path. According to data primarily sourced from the IMF's Financial Data and the ONE Campaign, these countries have never succumbed to…

Egypt and Germany Poised to Strike Preemptive Energy Deal

Imagine being a country with a burgeoning energy sector, only to face a sudden, jolting halt. This has been Egypt's narrative recently, as it navigates a precarious path in securing energy stability. The latest word from reliable corridors is that Egypt is deeply engaged in negotiations with Germany to lease a state-of-the-art liquefied natural gas (LNG) unit. Why now? They forecast a potential surge in demand in the upcoming months. Anticipating needs before they become exigencies is crucial, isn't it?…

Dangote Refinery Boosts Imports Amid Domestic Oil Shortage

Unveiling the Global Outreach of Africa’s Largest Refinery In the heart of Africa’s industrial landscape lies a formidable structure: the $20 billion Dangote Petroleum Refinery, a beacon of ambition and commercial prowess. However, just as Rome wasn't built in a day, neither can such vast operations rely solely on local resources. Isn't it fascinating how our world has become so interconnected, from the coffee in your morning cup to the very oil driving this refinery? As…

Somalia Pledges Strong Support for South Sudan, Says President

In a world where political landscapes frequently shift, expressions of solidarity can serve as beacons of hope. Amidst the unfolding political drama in South Sudan, Somalia has chosen to take a stand. On a somber Sunday, President Hassan Sheikh Mohamud of Somalia reached out, extending a hand of support to the people of South Sudan, grappling with political unrest following the detention of opposition leaders. “Somalia stands in full solidarity with the people of South Sudan,” Mohamud declared, underscoring a kinship born…

The 10 Most Relaxed African Nations to Visit in 2025

In the whirlwind of life's demands, some corners of our globe stand out as oases of peace. While Africa sometimes wears the cloak of economic turbulence, there are beacons of tranquility and balance scattered across the continent. It's fascinating, isn't it? The Human spirit, continually seeking a place of calm, finds such locales despite the chaos that surrounds us. The 2025 Global Emotions Report, a notable publication by CEOWORLD magazine, opens the door to our global stress landscape. With its comprehensive analysis…

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