Category: NEWS


  • Nigeria Launches Africaโ€™s First Aeronautics University to Cut Costly Overseas Aviation Training

    Africaโ€™s aviation sector reached a historic milestone this week with the launch of the Isaac Balami University of Aeronautics and Management (IBUAM) โ€” the continentโ€™s first dedicated aeronautics and aviation management university. The institution, established in Nigeria, aims to drastically reduce the billions of dollars Africans spend each year training pilots and aviation professionals abroad.…

  • Coca-Cola Faces $1 Billion Hit From African Bottling Sale as HBC Expands Continental Footprint

    The Coca-Cola Company is bracing for a $1 billion impairment charge in the fourth quarter of 2025, as the beverage giant prepares to divest part of its ownership in its African bottling business โ€” a move signaling both a financial reshuffle and a strategic pivot toward a more asset-light model in emerging markets. The charge,…

  • Africaโ€™s Mobile Revolution Adds $220 Billion to GDP โ€” But a Deep Digital Divide Still Shadows the Boom

    Kigali, Rwanda โ€” Africaโ€™s fast-growing mobile technology industry has become one of the continentโ€™s biggest economic engines, contributing an estimated $220 billion โ€” or 7.7% of GDP โ€” in 2024, according to a new report by the GSMA, the global body representing mobile operators.The findings, unveiled at the Mobile World Congress Africa 2025 in Kigali,…

  • Top 10 African Economies in 2026: IMF Forecasts $3.32 Trillion Continental Growth Amid Global Slowdown

    The International Monetary Fund (IMF) has projected that Africaโ€™s economy will expand to $3.32 trillion by 2026, even as the global economy slows under the weight of inflationary pressures, trade fragmentation, and geopolitical uncertainty.This projection, outlined in the IMFโ€™s October 2025 World Economic Outlook (WEO), highlights both the continentโ€™s resilience and its persistent structural challenges.…

  • Tony Elumelu Urges African Investors: โ€œEarn Globally, But Invest at Homeโ€

    Nigerian entrepreneur, banker, and philanthropist Tony Elumelu has once again called on African investors to channel their wealth and resources back into their home economies, emphasizing that Africaโ€™s path to sustainable prosperity lies in local investment, strong policy frameworks, and trust between government and the private sector. Speaking at the Abuja Business and Investment Summit…

  • Ethiopia Seeks Russian Support for WTO Membership, Strengthens Nuclear Energy Cooperation

    Ethiopia is deepening its strategic relationship with Russia as it seeks support for accession to the World Trade Organization (WTO) and advances plans to develop its first nuclear power facility. During an official visit to Moscow, Ethiopian Foreign Minister Gedion Timothewos met with Russian officials, including Economic Development Minister Maksim Reshetnikov, to discuss expanded cooperation…

  • UK Exchange Targets Africa in Bid to Reignite Londonโ€™s Listings Market

    London Stock Exchange Targets African Listings Amid Regulatory Overhaul The London Stock Exchange (LSE) is stepping up efforts to draw more African companies to its trading floors, following sweeping regulatory reforms designed to make London a more attractive destination for international listings. After a period of sluggish activity, the LSE is aiming to revitalise its…

  • Four-Minute Heist at the Louvre: When Heritage Became a Target

      On an ordinary Sunday morning, the worldโ€™s most visited museum became the scene of an extraordinary crime. In just four minutes, a group of masked thieves stormed the Louvre in Paris and vanished with priceless royal jewelry, leaving behind shattered glass, stunned guards, and a shaken sense of security. The robbery swift, precise, and…

  • โ€œThe Great AWS Meltdown: What Happens When One Company Powers the Internetโ€

    When the Cloud Crashes: The Global Chaos of the AWS Outage If your favorite app glitched, your smart home went silent, or your McDonaldโ€™s mobile order vanished into the digital abyss this week you werenโ€™t alone. The culprit? Amazon Web Services (AWS) the invisible backbone of half the internet went down, and the world collectively…

  • The Role of African Kingdoms

    The Role of African Kingdoms

    For centuries before colonial powers carved arbitrary borders across the continent, Africa was shaped by kingdoms and empires whose political systems, economies, and cultures defined regional life and influenced the wider world. These kingdoms were not monolithic; each developed unique traditions of governance, trade, and social organization, but together they reflect the rich diversity of…