Economy

In a significant development for African football, Patrice Motsepe, the prominent South African mining executive, has secured his position as the president of the Confederation of African Football (CAF) for a second consecutive term, doing so without any opposition. This confirmation of his leadership signals both continuity and the potential for further progress within the organization. At 63, Motsepe stands as a notable figure not just in the realm of sports but also in business, with his family's trust owning Mamelodi…

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…

In a dramatic twist of events, self-proclaimed prophet Shepherd Bushiri and his wife, Mary Bushiri, welcome an unexpected chapter in their ongoing saga. As the leaders of the Enlightened Christian Gathering Church, they cultivated a prominent following in South Africa. However, the clouds of legal troubles have loomed ominously over their heads. Back in 2020, the couple made an audacious escape from South Africa, leaving behind a trail of serious allegations. Accusations of defrauding investors to the tune of R102 million…

The South African Parliament recently witnessed the unveiling of the 2025 Budget by Finance Minister Enoch Godongwana. This moment was particularly significant, especially after an intensive round of deliberations among Cabinet ministers. In a surprising twist, the ministers decided to convene once more to evaluate a reworked budget, ultimately rejecting it due to its contentious proposal for a 2% increase in Value-Added Tax (VAT). The discussions were fraught, bringing to mind the age-old adage: "two heads are better than…

The Nigerian political landscape is at a pivotal juncture as President Bola Tinubu reaches out to the country's youth, emphasizing their crucial role in shaping the future. During the recent inauguration of the National Youth Congress Planning Committee in Abuja, he extended an open invitation for genuine interaction and feedback, underscoring his belief that young voices should be heard and incorporated into the nation's governance. “Your ideas matter,” Tinubu asserted, a sentiment that clearly resonated with the vibrant…

Imagine a world where businesses never sleep. The bustling streets of Accra are alive at midnight, factories hum with the rhythm of machinery well past dusk, and digital startups thrive in the quiet hours when most are asleep. This vision could soon become a reality in Ghana, as highlighted by Simon Madjie, the Acting Chief Executive of the Ghana Investment Promotion Centre (GIPC). Madjie, brimming with enthusiasm, spoke about the flagship policy that aims to revolutionize the Ghanaian economy. Dubbed the…

A significant setback has recently impacted an innovative initiative spearheaded by a team of dedicated researchers—individuals who have already made remarkable strides in deepening our comprehension of HIV. This project, uniting experts from eight diverse African nations under the banner of the BRILLIANT Consortium, finds itself in jeopardy due to a controversial shift in U.S. government aid policies. Why does funding for such essential research fluctuate with political currents? The plight of scientific inquiry often seems…

The Union of Chadian Journalists, alongside a coalition of international advocacy organizations, has raised grave concerns over the recent arbitrary arrests of two prominent journalists in Chad. This alarming trend appears to be part of a more extensive governmental clampdown on dissenting voices within the nation. Among the detained is Olivier Monodji, a correspondent for Radio France International. Alongside him, another journalist affiliated with State television faces similar circumstances. Reports suggest their…

On March 9, 2015, the world bore witness to the eerie silence surrounding the plight of Itai Dzamara, a courageous human rights activist and journalist. Now, a decade has passed since his chilling disappearance, and the outcry for accountability echoes louder than ever within Zimbabwe. Each day that stretches into the next, pressure builds on the ruling Zanu PF government to illuminate what truly happened on that fateful day. Dzamara's case is more than just an unsolved mystery; it is a haunting symbol of the struggles…

The ongoing conflict in Eastern Congo has taken a turn for the worse, drawing the attention of U.S. Secretary of State Marco Rubio. In a heartfelt plea, Rubio has urged for an immediate ceasefire, emphasizing the urgency of addressing the humanitarian crisis that continues to escalate. The Congolese military is currently facing a daunting challenge from the Rwandan-backed M23 militia, whose swift advances are creating chaos in an already volatile region. This area, rich in minerals, has become a battleground not only for…