Nigeria Resolves Oil Prospecting Licence 245 Dispute After 15 Years President Bola Tinubu presided over the successful conclusion of a historic settlement agreement between the Federal Government of Nigeria, ENI, and Nigerian Agip Exploration Limited (NAEL), resolving the long-running dispute over Oil Prospecting Licence 245. The agreement was reached after more than 15 years of…
You’ve probably heard the saying, “The rich become richer, while the poor become poorer”. It’s about how uneven financial progress can be. One of the reasons behind financial inequality is the gender pay gap, but the wealth gap is even more revealing. It explains why disparities persist between the rich and the poor. Wealth –…
By pairing a Creative Economy Diagnostic with a women-focused accelerator, Sierra Leone’s CreatiFi program is helping translate creative talent into an economic development catalyst. Amena is a young fashion designer based in Sierra Leone’s bustling Freetown. With their alluring patterns and vibrant colors, it is impossible to look away from Amena’s designs. When she first…
Events in the Middle East during February and March 2026 again disrupted the flows of shipping trade to the eastern and western spheres of the international system. Given that the global economy is maritime based and rests on secure and predictable flows of goods by sea, the armed attacks on Iran and their maritime spillovers…
The bombs are going off in the Gulf, but the dust and shrapnel are travelling across the world, no thanks to the effective collaboration of the war mongers in Washington and Tel Aviv. While Africa is out of earshot of the ongoing bombings and explosions in America’s war on behalf of Israel, the long-term effects…
MultiChoice Group said it will shut down its streaming platform Showmax after 11 years of operation as the company reviews its digital strategy. The decision was communicated to subscribers in an email on Thursday. The company said the move follows a review by the Showmax board. “Following a comprehensive review, the Showmax Board has taken…
Weego, a Moroccan-Senegalese mobility startup, raised $1.1 million in a funding round led by Azur Innovation Fund to expand its transport platform across Africa. The company operates a mobility-as-a-service application that integrates different transport options into one interface. Users can access public transit, ride-hailing and other services through the platform. Weego was founded in 2020…
“The old world is dying, and the new world struggles to be born: now is the time of monsters”– Antonio Gramsci I recall vividly that I was in New York City when Hillary Clinton and Donald Trump were locked in their historic contest for the American presidency in 2016. Within diplomatic circles, media houses, academic…
The Executive Vice Chairman and Chief Executive Officer of the National Agency for Science and Engineering Infrastructure, NASENI, Khalil Halilu, has said that Africa’s transformation must be anchored on production, innovation, and industrial capability. He made this remark while being named Young African Leader of the Year by African Leadership Magazine at its Persons of…
Nairobi — A new World Bank Group report finds that cost-effective and smart development investments, particularly in climate-smart agriculture, resilient cities, disaster risk management, and stronger institutions, could cut projected economic losses for Somalia by half and deliver more stable, productive jobs for its people. Launched today by the Government of Somalia and the World…
