Nigeria's Impressive Foreign Trade Surge Nigeria's foreign trade has reached remarkable new heights, surging to $172.5 billion—a significant 106.56% increase from the prior year. The country has recorded a substantial trade surplus of $21.1 billion, with exports soaring to $96.9 billion against $75.8 billion in imports.The top ten trading par...

 An Egyptian wrestler and strongman on Thursday set a new Guinness World Record by pulling a 279 tonne train using only his strength and his teeth . Ashraf Kabonga – also known as Ashraf Mahrous -- pulled the locomotive and several carriages nearly 10 metres along the tracks at the Ramses Station in Cairo.Crowds of people gathered to watch and...

 The European Union has announced a €4.7 billion ($5.1 billion) investment package for South Africa to support green energy and vaccine production, marking a significant step in strengthening economic and political ties. The commitment was made during the first bilateral summit between the EU and South Africa in seven years, held at President ...

Ethiopia has officially launched its own drone manufacturing industry, marking a major leap in the country's defensive and technological capabilities. While inaugurating Sky Wing Industry, the company behind the drone production, Prime Minister Abiy Ahmed outlined plans to sustain the industry. Among other things, his administration aims to support...

 South Sudan is on the brink of renewed conflict as tensions between President Salva Kiir and Vice President Riek Machar escalate. Last week, Kiir ordered the arrest of key Machar allies, including military officials and ministers. Soldiers also surrounded the vice president's home, effectively placing him under house arrest. The crackdown fol...

 President Donald Trump's recent announcement of new tariffs on steel and aluminium imports has raised significant concerns in South Africa. The rand weakened ahead of local GDP data releases, with investors apprehensive about potential U.S. tariffs affecting trade. Nedbank's CEO, Jason Quinn, expressed that these tariffs "may not be good" for...

 As of the third quarter of 2024, Starlink Internet Services Nig. Ltd has emerged as Nigeria's second-largest internet service provider, boasting 65,564 subscribers. This significant growth surpasses FiberOne Broadband Ltd and highlights Starlink's rapid expansion since its entry into the Nigerian market in January 2023.  Despite this sur...

 Abike Dabiri-Erewa, Chairperson of the Nigerians in Diaspora Commission (NiDCOM), announced that Nigerians living abroad have remitted over $90 billion in the last five years, providing a substantial boost to the national economy. Speaking at a workshop in Abuja, Dabiri-Erewa emphasized the importance of accurately collecting data on Nigerian...

 For adventure seekers, Africa provides unparalleled escapades that promise both luxury and intimate encounters with nature. In Tanzania, the Singita Safari Company offers ultra-exclusive lodges adjacent to the renowned Serengeti plains, ideal for those seeking a luxurious safari experience. Travelers can now explore Yemen's Socotra Island, ce...

 Introducing the Andrée Blouin Prize: a groundbreaking initiative celebrating the incredible contributions of African women writers. This prize specifically shines a spotlight on those who explore themes of history, politics, and current affairs from a leftist perspective, enriching the literary landscape with their nuanced narratives. Named a...

 Cairo, an iconic city known for its rich history and vibrant culture, is undergoing a transformative phase as the push to modernize its historic properties gains momentum. The city's downtown area is becoming a battleground where modernity meets heritage, with a keen focus on preserving Cairo's timeless aesthetic while embracing contemporary ...

 United States President Donald Trump has officially ordered the dismantling of Power Africa, a USAID-operated initiative launched in 2013 to enhance electricity access across Africa. This move signals the abrupt end of a program that, over the past decade, had played a pivotal role in bridging the continent's energy access gap, benefitting mi...

 The recent G20 foreign ministers' meeting has underscored profound economic divisions among its member states amidst persistent global challenges. Key issues such as inflation, ongoing trade tensions, and the unresolved conflict in Ukraine have exacerbated these divisions, making consensus elusive. A notable absence was that of U.S. Secretary...

 Djibouti's Foreign Minister, Mahmoud Ali Youssouf, has been elected as the new chair of the African Union (AU) Commission. He succeeds Moussa Faki, a former prime minister of Chad, who has led the 55-nation bloc since 2017. Youssouf secured the position after defeating two notable candidates: former Kenyan Prime Minister Raila Odinga and Mada...

 Aliko Dangote, Chairman of the Dangote Group, has announced a new investment of $400 million to expand the Mugher cement plant in Ethiopia, raising its capacity from 2.5 million to 5 million tons per year. The Mugher plant began operations in 2015 but has faced numerous challenges, including the vandalism of equipment and the tragic killing o...

Nigeria has undertaken a significant overhaul of its economic indicators, with the National Bureau of Statistics (NBS) adopting revised methodologies for key metrics such as unemployment, inflation, and GDP. These updates, aligned with international standards, aim to provide a more comprehensive view of the country's evolving economy. However, the ...

 Google CEO Sundar Pichai met with Nigerian President Bola Tinubu in Paris to discuss a strategic partnership aimed at expanding AI skills in Nigeria. Pichai posted about the meeting on X, stating that the discussions centered on harnessing the potential of AI in Nigeria and how his company can partner with Abuja to boost the AI skills of its ...

 The World Bank-funded Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL) project has revitalized 160,000 hectares of degraded land in Nigeria, significantly enhancing food security in the country. Launched in late 2021 and set to conclude in 2028, the initiative targets 19 northern states and the Federal Capital Territory. It aims to ...

 Niger is set to hold a national convention from February 15-19 to outline its long-awaited political transition. The junta, which ousted President Mohamed Bazoum in a July 2023 coup, promised there would be no more than a three-year transition after which it would hand over power to a democratically elected president. To that end, junta leade...

 African startups raised an impressive $289 million in January 2025, representing a 240% spike compared to the $85 million raised in January 2024. This makes it the second-best January for startup funding since before the pandemic, underscoring a renewed wave of investor confidence in Africa's tech ecosystem. The funding boom was driven mainly...