Business and Finance

A Cautious Celebration: Nigeria's 65th Independence Anniversary Approaches As Nigeria gears up for its 65th independence anniversary on October 1, a palpable tension simmers beneath the surface of anticipation. The government, led by President Bola Tinubu, has publicly committed to commemorating this momentous occasion with "dignity and enthusiasm." Yet, the absence of the traditional parade—a cornerstone of the festivities—sends a clear signal that this year’s independence day will be anything but a typical celebration.…

As AGOA Faces Expiration, What Lies Ahead for U.S.-Africa Trade Relations? The African Growth and Opportunity Act (AGOA), a landmark piece of legislation designed to bolster trade between the United States and sub-Saharan African countries, is at a crossroads. Enacted in 2000 under President Bill Clinton, AGOA has been a beacon for economic development and trade for nearly 23 years. However, as its expiration looms, the ramifications are profound, extending beyond mere policy discussions into the realms of economic…

Tragedy Strikes Ethiopian Marathon Community with the Loss of Shewarge Alene The sun was just beginning to rise over Addis Ababa, casting a warm golden hue across the training fields, when the news spread like wildfire through the running community. Shewarge Alene, a celebrated Ethiopian marathon runner, tragically passed away after falling ill during a training session. She was only 30 years old. Alene had built a reputation as a formidable competitor, participating in 27 marathons since her debut in 2011. Her most recent…

As AGOA’s clock runs out, U.S. influence in Africa faces a test After a quarter-century as the marquee U.S. trade tool for sub-Saharan Africa, the African Growth and Opportunity Act (AGOA) is poised to expire on September 30 — and with Congress preoccupied and polarized, the chances of a last-minute renewal look slim. The prospect is more than a technical lapse: it is a moment that forces a choice about how Washington wants to engage with a continent where other powers are already deepening economic ties. What AGOA has…

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…