- On May 1, 2025, at the national Labour Day festivities in Singida, President Samia Suluhu Hassan announced a 35.1% increase in Tanzania's minimum wage for public officials.
- Nigerian billionaire Aliko Dangote has said that he was “comfortable” with the impact of former President Donald Trump’s tariffs on his urea exports to the United States.
- The Democratic Republic of Congo (DRC) seeks to lift the immunity of former President Joseph Kabila, accusing him of supporting the M23 rebel group, which is responsible for the ongoing conflict in the country's east.
- Governments across the globe are grappling with rising public debt and widening fiscal deficits, issues that are stifling productivity and undermining long-term growth. Sadly, many African nations are not immune to these trends.
- As of 2025, the global billionaire landscape is dominated by a select group of countries, with the United States leading the pack by a significant margin.
- MTN Nigeria recorded revenue of N1 trillion in the first quarter of 2025, marking a 40.5% year-on-year increase from the N752.9 billion posted in Q1 2024.
- Ghana's total petroleum revenue rose to US$1.35 billion in 2024, reflecting a 27.8% increase from the US$1.06 billion recorded in 2023. This is according to the 2024 Annual Report released by the Public Interest and Accountability Committee (PIAC).
- Ghana is reportedly losing around US$100 million worth of natural gas each year due to gas flaring in its oil and gas sector, according to the Country Director of ActionAid Ghana, Mr John Nkaw.
- Young individuals reaching working and military age make a substantial contribution to economic growth. Conversely, countries with declining young populations struggle to sustain the size and preparedness of their armed forces.
- Taiwan has strongly condemned Somalia’s decision to ban holders of Taiwanese passports from entering or transiting through the country, describing it as a politically motivated move driven by China.
- In 2025, as global economies work to recover from past shocks and adapt to shifting geopolitical and technological dynamics, African countries' economic trajectory will be closely monitored.
- After ten years in development, Ghana has officially launched its long-anticipated chip-embedded biometric passport, marking a major leap forward in modernising the country’s travel documentation system.
- UAE state media reported on Wednesday that authorities had thwarted an attempt by Sudanese military leaders and associates to smuggle ammunition to Sudan’s army illegally.
- The recent aid cuts under President Donald Trump’s administration are beginning to take a toll in Nigeria, where thousands of internally displaced persons (IDPs) are grappling with worsening hunger due to the inability of key United Nations agencies to sustain their support.
- Gold prices fell on Wednesday, weighed down by a stronger US dollar and signs of easing trade tensions, as investors await key US economic data that could shape the Federal Reserve’s next move on interest rates. Spot gold fell 0.4% to $3,302.58/oz by 4:30am GMT, while US gold futures declined 0.7%…
- The United Arab Emirates (UAE) has been implicated in war-related allegations after Bulgarian-made weapons were discovered among ammunition used by Sudanese rebels.
- Somalia has announced a ban on Taiwan-issued passports from entering, exiting or transiting its territory, citing its commitment to the “one China” policy and UN Resolution 2758. The decision, made by the Civil Aviation Authority of Somalia on April 22, will go into effect on April 30. The…
- The African Export-Import Bank (Afreximbank) has launched a $3 billion revolving credit facility to help African and Caribbean buyers more easily access fuel, such as petrol, diesel, and jet fuel, from refineries within the continent.
- Burkina Faso plans to increase its control over foreign-owned industrial mines, as the country looks to capture a larger share of revenue from its natural resources.
- The African Growth and Opportunity Act (AGOA) is at risk due to the protectionist shift. If AGOA is allowed to lapse, it could slowly erode U.S. geopolitical influence in Africa, at a time when China and Russia are deepening their footholds, and Gulf states are emerging as powerful new players.
- While the International Monetary Fund (IMF), can be useful during times of crisis, staying relatively debt-free provides considerable benefits to African countries, including economic autonomy and global legitimacy.
- As the installation of the Starlink business gains momentum in Africa, more markets have expressed interest in the service including Uganda, which highlighted its promising negotiations with the Elon Musk led company.
- Demographic dynamics are an overlooked but crucial factor in the areas of economic power, national security, and international influence. This is especially true for the demographic reaching military age.
- The Warri Refinery in Nigeria has shut down operations, sparking concern over the transparency and effectiveness of its costly rehabilitation, despite hundreds of millions of dollars spent by the federal government.
- A coalition of philanthropies, led by the Gates Foundation, has unveiled a $500 million fund aimed at improving maternal and newborn health in sub-Saharan Africa.
- Belgium has turned to Ugandan President Yoweri Museveni in a bid to ease tensions with Rwanda and help defuse the ongoing conflict in eastern Democratic Republic of Congo.
- Despite growing global uncertainty, a majority of private equity investors are doubling down on South Africa and Kenya as their top investment destinations over the next three years.
- IMD’s Smart Cities Index 2025 offers valuable insights into how cities around the world, including those in Africa, are becoming smarter, more connected and more sustainable. According to the report, African cities achieved mixed results, highlighting notable improvements but persistent urban…
- The foreign ministers of Burkina Faso, Mali, and Niger have supported a Moroccan initiative to provide them with access to Atlantic trade routes. This marks a significant shift in the geopolitical and economic landscape of West Africa.
- The East African Community (EAC), a regional intergovernmental organization of six member states, is grappling with a severe financial crisis as members fail to pay their dues.
- The expiration of President Donald Trump’s 90-day suspension of U.S. humanitarian aid on April 20 raised hopes for the return of crucial funding across Africa and other heavily impacted regions.
- Russia's diplomatic efforts in Africa have reached new heights. Moscow is now strengthening its ties with Somalia, a strategically important country in the Horn of Africa. Mikhail Bogdanov, Russia's Deputy Foreign Minister for the Middle East and African Countries, arrived in Mogadishu on Saturday…
- The importance of a robust and positive GDP growth rate in African countries cannot be stressed enough. It is a key indicator of economic health, suggesting development, increased affluence, and more opportunities for residents.
- Namibia's Agriculture Minister Mac-Albert Hengari has been dismissed after being arrested on charges of raping a 16-year-old girl five years ago. This is the first major political scandal of the new government of President Netumbo Nandi-Ndaitwah.
- Johann Rupert, South Africa's richest man, had a considerable increase in his wealth in April compared to last month, consolidating his status as one of Africa's most influential industrialists.
- On the 25th of April, Bloomberg reported that ‘a large fuel-production unit at Nigeria’s Dangote Oil Refinery’ was undergoing maintenance. However, the Dangote Refinery has come out to dispute this report.
- The World Bank projects that economic activity in Sub-Saharan Africa will climb from 3.3% in 2024 to 3.5% in 2025, and further accelerate to 4.3% by 2026–27.
- The World Bank projects that economic activity in Sub-Saharan Africa will climb from 3.3% in 2024 to 3.5% in 2025, and further accelerate to 4.3% by 2026–27.
- A mining company backed by U.S. billionaires Bill Gates and Jeff Bezos is expanding operations in the Democratic Republic of Congo's rich mineral sector.
- The Malawian government has announced the collapse of its $350 million Transport and Land Compact following the shutdown of the Millennium Challenge Corporation (MCC), a U.S agency funding critical road projects in the country.
- The Federal Bureau of investigation (FBI)'s Operation Artemis has reported over $65 million in financial losses, due to sextortion crimes, with some cases linked to Nigerian nationals.
- Spotify users outside the United States are set to see higher subscription prices, as the streaming giant moves to adjust its rates in several international markets.
- Angola is conducting stress tests to assess the impact of falling oil prices on its government finances, Finance Minister Vera Daves de Sousa said on Friday, noting that the situation increases the likelihood of seeking an IMF loan programme.
