Friday, October 10, 2025 - 06:12:41
Columbus, United States | 7°C | Clear sky
Columbus, United States | 7°C | Clear skyLatest
At the Venice Biennale, Lagos-based Oshinowo Studio is spotlighting three of Lagos’s informal markets—Ladipo, Computer Village, and Katangua—as ingenious models of circular urbanism. Through immersive films, recycled textile maps, and data visualizations, architect Tosin Oshinowo is reframing these markets not as chaotic or deprived spaces but as sophisticated, self-organizing ecosystems driven by necessity and communal intelligence. […]
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From misty rainforest hikes on Morne Blanc to snorkeling in coral-rich Petite Anse Bay, Seychelles is a vibrant blend of adventure and tranquility. The country has diverse sights. For instance, Victoria’s charm—with its colonial clock tower and colorful markets—offers a quirky contrast to the serene Four Seasons Resort, where coral restoration and marine discovery add a […]
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Sustainability took center stage at the 10th edition of the Morocco Fashion Style & Tex show in Casablanca. With over 400 companies from 16 countries, the exhibition dazzled with everything from elegant eveningwear to cozy knits. Yet, it’s the eco-conscious innovation that truly stole the spotlight. From Turkish firm Fill A More’s 100% recycled yarns to Egypt’s […]
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Nigeria has established an AfCFTA air corridor to Kenya, Uganda, and South Africa, slashing export logistics costs by up to 75% for local businesses. Announced by Trade Minister Dr. Jumoke Oduwole, the corridor—operated by Uganda Airlines—aims to boost trade in products like textiles, cosmetics, and agricultural products by removing transport bottlenecks. This move coincides with Nigeria’s official […]
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The African Development Bank (AfDB) has secured a record-breaking $11.1 billion in new investments for 2024–2025, the highest in its history. Half of this, $5.5 billion, will fund climate-related projects, reinforcing the bank’s role in driving sustainable and inclusive growth across Africa. According to the bank’s Annual Development Effectiveness Review, the AfDB made major progress across its […]
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South Africa’s stock market is on a winning streak, with the FTSE/JSE All Share Index up over 7% in dollar valuation in May. This marks its best monthly performance since June 2024 and strongest May in over a decade, outperforming the S&P 500 and Stoxx Europe 600, among others. Leading the charge is tech investor Naspers, […]
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Jumia, Africa’s largest e-commerce platform, is doubling down on partnerships with Chinese merchants to counter the aggressive rise of Temu and Shein, both of which are Chinese platforms, across the continent. Temu and Shein, neither of which owns physical infrastructure in Africa, are winning over consumers with flashy ads, ultra-low prices, and massive inventories. Both rivals […]
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Kenya is preparing to sell part of its 34.9% stake in Safaricom, its most valuable corporate asset, to raise $1.1 billion and ease mounting debt pressures without imposing more taxes. The sale, expected before the end of the 2025/26 fiscal year, would be the government’s largest divestiture in almost two decades and could attract global investors […]
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The ECOWAS Bank for Investment and Development (EBID) plans to launch its first-ever country office in Côte d’Ivoire, marking a major milestone in its regional expansion strategy. This move reflects the Bank’s commitment to fostering local partnerships and enhancing its development impact across West Africa. Located in Abidjan, the office will serve not just Côte d’Ivoire but […]
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A new US remittance tax under President Trump’s administration could deeply impact millions of African families who rely on money sent from abroad. The 3.5% levy, targeting non-citizens, has sparked concern among experts who argue that these funds are vital for education, healthcare, and daily survival. With over $12 billion in remittances flowing from the US to […]
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In a bold shift toward economic sovereignty, Mali, Burkina Faso, and Niger are deepening their Alliance of Sahel States (AES) with moves that go beyond security and into transformative regional integration. Since leaving ECOWAS, AES has eliminated mobile roaming fees within member territories, introduced a unified customs duty on non-member countries, and launched a joint passport. […]
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Shell has agreed to purchase TotalEnergies’ 12.5% stake in Nigeria’s Bonga offshore oil field for $510 million, boosting its own share to 67.5%. The transaction marks TotalEnergies’ strategic exit from a production-sharing deal signed with Nigeria in 2021, which also included ExxonMobil and Eni. Located 120 km south of the Niger Delta, the Bonga field is a […]
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