Business and Finance

The Dimensions of Power: Chad’s Constitutional Shifts and the Future of Democracy In an echo of a familiar refrain across many African nations, Chad’s National Assembly has recently voted with overwhelming support for constitutional amendments that extend the presidential term from five to seven years, with the possibility of renewals indefinitely. The decision is part of a broader narrative of governance in the Sahel, raising crucial questions about democracy, power, and the persistence of authoritarianism in regions…

Power Struggles: Nigeria's Energy Crisis Deepens Amid Grid Failures As dawn broke over Nigeria, the promise of a bright new day dissipated with the abrupt darkening of homes, businesses, and schools across the nation. This week, the fragile electricity grid experienced yet another unsettling partial collapse, affecting around 30 states and plunging millions into darkness. The incident, which unfolded between 11 am and 12 pm on an otherwise ordinary day, serves as a stark reminder of the persistent challenges that the…

Nigeria's Healthcare Landscape: A Temporary Respite Amid Ongoing Struggles The announcement from the Nigerian Association of Resident Doctors (NARD) that they have suspended their two-day warning strike is a relief for many. The strike, which had brought a standstill to public tertiary hospitals, was a cry for help from a beleaguered healthcare system grappling with both systemic inefficiencies and personal sacrifices in the face of a demanding economic landscape. In hospitals across Nigeria, the impact of the strike was…

Insurgency in Cabo Degaldo: A Struggle for Survival In the heart of Cabo Degaldo province, Mozambique, a chilling echo of violence reverberated through the quiet of a Sunday night. Insurgents armed with lethal intent knocked on doors, summoning their victims one by one, leaving a trail of fear and despair. Among the fallen were police officers, once protectors now turned targets, underscoring the alarming evolution of this violent insurgency, which has claimed over 6,000 lives since its onset in 2017. The Human Toll of…

Rwanda's Rise as a Global Drone Hub: A New Horizon for Innovation In the heart of Africa, Rwanda has emerged as an unexpected leader in the burgeoning field of drone technology, positioning itself not only as a pioneer on the continent but also as a beacon for innovation. As international firms flock to this East African nation, it is reshaping its identity and ambition, blending tradition with the cutting-edge potential of modern aviation. A Historic Moment in Aviation On September 4, during the prestigious 2025 Aviation…

Rising Tensions: The Battle Over the Nile In the heart of East Africa, the waves of a centuries-old conflict ripple through the waters of the Nile, igniting fears of instability and regional tension. The Grand Ethiopian Renaissance Dam (GERD), touted as a beacon of progress for Ethiopia, has become a battleground for Egypt and Sudan, who insist on keeping discussions limited to the three nations directly flanking this vital resource. Their recent assertions highlight the deep-seated anxieties surrounding the dam's operation…

The Hemorrhage: Africa's Battle Against Illicit Financial Flows As the sun rises over the sprawling cities of Africa, it casts a light on an urgent issue plaguing the continent: illicit financial flows. While Africa is rich in resources and potential, it is estimated to lose a staggering U.S.$88 billion each year due to tax evasion, money laundering, and corruption. This figure, a steep jump from U.S.$50 billion just eight years ago, paints a bleak picture of a continent struggling against forces that siphon away its…

The Tragedy on the Waters: Nigeria’s Ongoing Struggle with Boat Safety The serene waters of Nigeria’s rivers tell stories of life, commerce, and community. Yet, they also harbor shadows of tragedy, as demonstrated by the recent sinking of a passenger boat in Niger State. This harrowing incident, which occurred while carrying an estimated 90 people, has left the nation grappling with yet another stark reminder of the dangers faced by those who traverse its waterways. On an overcast morning, as the boat set sail from Tungan…

Botswana’s Diamond Dilemma: The Social and Economic Fallout of a Resource-Dependent Economy As Botswana grapples with an unprecedented fiscal crisis, the shimmering allure of diamonds—the cornerstone of the nation’s wealth—has turned into a stark reminder of vulnerability. This dilemma illuminates a larger narrative: the challenges faced by resource-dependent economies in an ever-evolving global market. The Glitter Fade: A Market at a Crossroads Once celebrated as Africa's beacon of prosperity, Botswana now finds itself…

Ghana's Cost-Cutting Measures Ahead of the UN General Assembly As the world prepares to gather for the 80th United Nations General Assembly (UNGA) in New York City, Ghana's government is taking a distinctly cautious approach, urging its officials to temper their travel plans. In a recent directive from Julius Debra, the Chief of Staff to President John Mahama, stringent guidelines have been put forth regarding attendance at the event, a move framed as part of the nation's broader cost-cutting strategy dubbed "Resetting…