African

Each year, TIME magazine curates a prestigious list that shines a spotlight on 100 companies from diverse industries around the globe, acknowledging those that are making extraordinarily impactful contributions to their fields. Now in its fifth iteration, this list celebrates not just innovation, but the spirit of resilience and adaptability that defines contemporary business. Moniepoint Inc Among this year’s honorees is Nigeria's own Moniepoint Inc., which earned its place in the Leaders category alongside…

It’s hard not to feel a heightened sense of tension in the world today—an undercurrent of uncertainty that seems to permeate our daily lives. If you've observed this sensation, you’re not alone. The latest findings from the 2025 Global Peace Index (GPI) corroborate these feelings, revealing a sobering truth: global peacefulness has declined for the sixth consecutive year. Alarmingly, this marks the 13th time in 17 years that we have witnessed such a backtrack. Yet, amidst this general decline, a curious silver…

In a devastating incident during high school exams in Bangui, the capital of the Central African Republic, twenty-nine students lost their lives due to a catastrophic stampede. The chaos erupted following an explosion at an electricity transformer, which sparked panic among approximately 6,000 candidates. This tragic event unfolded on the second day of finals, turning a moment of aspiration into a scene of anguish. The transformer, which had only recently undergone repairs, was situated on the ground floor of the…

Insights from the Latest OPEC Report: Navigating the Changing Landscape of Oil Prices The latest report from the Organization of the Petroleum Exporting Countries (OPEC) unveiled some intriguing insights into the dynamics of global oil markets. In May, the OPEC Reference Basket (ORB) saw a notable decline, falling by $5.36—or 7.8%—to settle at $63.62 per barrel. The fluctuation in oil prices invariably affects economies and consumers alike, leaving one to ponder: what does this mean for the average individual and the…

Yesterday, Windhoek was abuzz with excitement as the second edition of the Global African Hydrogen Summit was officially announced. Scheduled for 9 to 11 September 2025, this international gathering will unfold under the ambitious theme: “Ambition in Action: Fuelling Africa's Green Industrial Revolution.” This summit not only aims to showcase innovative energy solutions but also seeks to reposition Africa at the forefront of the global energy transition. But why hydrogen? Amidst the escalating concerns over climate change…

African Trade: A Resilience Story After a challenging year in 2023, the winds are changing for trade among African nations. As we step into 2024, intra-African trade has surged impressively by 12.4%, reaching an eye-catching figure of $220.3 billion. This rebound encapsulates not just numbers; it conveys a spirit of resilience that echoes the diverse experiences across the continent. However, how did we emerge from the shadows of a 5.9% drop the previous year?…

2025 Global Peace Index: A Declining Trend in Global Peacefulness The 2025 Global Peace Index (GPI) presents a stark reality: for the 13th time in the last 17 years, global peace is on the decline. Over the past year alone, the average level of peacefulness has taken a hit, decreasing by 0.36%. It’s a sobering statistic that signals the sixth consecutive year where we witness a slip in global tranquility. What has led us to this state? And what does it mean for our collective future? While much of the world’s focus has…

Exploring the Impact of Economic Sanctions on African Nations For decades, African countries have found themselves on the receiving end of various sanctions imposed by international entities such as the United Nations (UN), the European Union (EU), and the United States. Why has this continent become a focal point for such measures? It's essential to recognize that sanctions are often employed to advance specific foreign policy objectives. However, the implications of these actions reach far beyond the political…

Borrowing, at times, becomes a necessary tool for countries striving to enhance their development. However, the ability to maintain a modest, year-over-year increase in government debt reflects the sophistication of a nation’s economic management. It signals macroeconomic stability and lays down the foundation for long-term resilience. Imagine a tightrope walker, balancing carefully with each step—this is what prudent borrowing feels like in the context of national economies. Across the rich tapestry of Africa,…

When we talk about GDP per capita, we often think about raw numbers, economic theories, and statistics. However, this figure conveys a deeper narrative—one that reflects the lived experiences of ordinary people within a nation. It serves as a powerful lens through which we can view not only a country’s economic health but also the realities that its citizens face daily. In many regions across Africa, GDP per capita illustrates a persistent struggle. The rich potential of these nations often sits alongside…