business

Aliko Dangote signs US$1 billion investment deal with Zimbabwe Aliko Dangote, widely regarded as Africa’s richest man, has signed a landmark US$1 billion investment agreement with the government of Zimbabwe, officials said, marking a significant vote of confidence in the country's economy under President Emmerson Mnangagwa. Deal scope and sectors According to the terms announced after a meeting between Dangote and President Mnangagwa, Dangote’s conglomerate will channel funds into cement manufacturing, power generation…

Tragedy Strikes Amid Recruitment Drive in Accra In a devastating turn of events, at least six individuals lost their lives in a stampede at a sports stadium in Accra during a Ghanaian Armed Forces (GAF) recruitment exercise. As the day was meant to represent opportunity for many, it quickly spiraled into chaos, reflecting the urgent need for safety protocols and effective crowd management. The Onset of Tragedy The scene at the stadium was one of eager anticipation, yet it transformed into tragedy when a surge of…

Students abducted, beaten and dumped 120km away — a fresh front in Zimbabwe’s political crackdown Two student activists from Chinhoyi University of Technology — Marlvin Saint Madanda and Lindon Zanga — were abducted in broad daylight during Students Representative Council (SRC) campaign activity and later found injured and incapacitated 120 kilometres away, in Shamva. The incident, condemned by opposition leader Nelson Chamisa, has reopened raw questions about the targeting of youth activists, the politicisation of campus…

Tensions Rise as Nigerian Minister Confronts Army Officer: A Deep Dive into Power Dynamics A viral video capturing a heated exchange between Nyesom Wike, Nigeria's Federal Capital Territory (FCT) Minister, and Lieutenant Ahmad Yerima, a junior army officer, has ignited discussions about authority, accountability, and public conduct among leaders. The incident, which revolves around a disputed plot of land, raises questions not only about the individuals involved but also about the broader implications for governance in…

South Africa tightens its inflation anchor — a test of credibility for monetary and fiscal policy South Africa’s National Treasury and the South African Reserve Bank have agreed on a new inflation objective: a 3% target with a one percentage point tolerance band. That shifts the nominal anchor to 3% (effectively a 2–4% acceptable range), and — according to reporting — is part of a fragile compromise between the Government of National Unity and the Medium Term Budget Policy Statement after three failed attempts to pass the…

Super Eagles Aim for Glory in World Cup Playoff Final As the sun sets over Morocco, a palpable excitement fills the air, accompanying the bustling streets leading up to the grand showdown. The Super Eagles of Nigeria stand on the brink of history as they prepare to battle the Democratic Republic of Congo (DRC) in the 2026 World Cup Africa Playoff Final this Sunday. The stakes couldn’t be higher; the victor will secure a place in the FIFA Intercontinental Play-off Tournament, a gateway to the prestigious 2026 World Cup. A…

Simandou Iron Ore Project: A New Era for Guinea In a significant development for West Africa's economic landscape, Rwandan President Paul Kagame and Guinea's military leader, Mamadou Doumbouya, have officially inaugurated the Simandou Iron Ore Project in Conakry. This historic project, often heralded as one of the largest mineral development initiatives globally, promises not only to reshape Guinea's economy but also to significantly influence the international iron ore market. A Long-Awaited Vision Decades in the making,…

G20 in Johannesburg: A test of multilateralism as the Global South takes the stage The 2025 G20 summit in Johannesburg will be historic: the first time the grouping meets on African soil. Under South Africa’s presidency and the banner "Solidarity, Equality, Sustainability," Pretoria aims to pivot the world’s premier economic forum toward issues that disproportionately affect the Global South — debt distress, climate resilience, and stark global wealth gaps. But the summit opens under an unusual cloud. President Donald…

Rising Diabetes Epidemic in Africa: An Urgent Call for Action As World Diabetes Day approaches on November 14, alarming new statistics from the World Health Organization (WHO) highlight an ongoing health crisis across Africa. The WHO has raised the alarm about the escalating rates of diabetes on the continent, which it attributes primarily to rapidly changing lifestyles, significant increases in overweight and obesity, and limited access to essential health services. The need for immediate attention and action cannot be…

South Africa allows 153 Palestinians to disembark after 12 hours held on plane South African authorities have permitted a group of 153 Palestinians who had been kept on board an aircraft for about 12 hours to leave the plane after it landed in Johannesburg, officials said. What happened The group arrived on a chartered Global Airways flight and was initially kept on the aircraft for roughly 12 hours, the Border Management Authority (BMA) said. After that period, BMA officials allowed the passengers to disembark and enter…