South Africa and Egypt rank among top emerging markets for FDI confidence in 2025
South Africa and Egypt are the only African nations to feature in the latest ranking of emerging markets for foreign direct investment (FDI) confidence in 2025, based on a survey conducted by Kearney. South Africa saw the most significant improvement…
Libya reopens oil sector to international exploration after nearly two decades
Top global energy firms including ExxonMobil, Chevron, TotalEnergies, and Eni are among those expressing interest in the North African country’s revitalised petroleum sector. Masoud Suleman, Chairperson of Libya’s National Oil Corporation (NOC), revealed that nearly 40 multinational companies have so…
WAFCON 2024: Tunisia star Houij highlights Super Falcons’ quality
Tunisia striker Mariem Houij believes the Super Falcons will be a tough nut to crack for her team. The North Africans will be up against Justine Madugu’s side in their opening fixture at the 2024 Women’s Africa Cup of…
ECOWAS Bank approves $100m for Lagos-Calabar Coastal Highway project
The Board of Directors of the ECOWAS Bank for Investment and Development (EBID) has approved $100 million to support the construction of the Lagos-Calabar Coastal Highway. The funding, approved during the bank’s 92nd Ordinary Session, forms part of a broader…
Angelique Kidjo becomes first African to receive star on Hollywood Walk of Fame
Grammy-winning Beninese singer Angelique Kidjo is poised to make history history as the first African artist to receive a star on the Hollywood Walk of Fame.The legendary singer was among the 2026 Hollywood Walk of Fame honorees recently announced by…
BREAKING: Ex-Super Eagles goalkeeper Peter Rufai is dead
The Super Eagles have paid tribute to former Nigerian goalkeeper and 1994 Africa Cup of Nations champion, Petert Rufai, following news of his death. In a statement released on Thursday via X, the national team described Rufai, fondly known as…
ITTF Rankings: Aruna Quadri Drops As Bello Climbs
Nigeria’s leading table tennis player, Quadri Aruna, has slipped one spot in the latest International Table Tennis Federation (ITTF) World Rankings, while his compatriot Fatima Bello made notable progress in the women’s standings, BSNSports.com.ng reports. According to the ITTF’s week…
MTN Uganda Offers Exit Plan for Retail Investors
MTN Uganda has announced a new exit option for its minority retail investors as the telecom company prepares to separate its mobile money business, MTN MoMo, from its main telecom operations. The move is part of a wider corporate restructuring…
Tanzania, Somalia forge stronger ties with direct flights
Tanzania, Somalia forge stronger ties with direct flights Tanzania and Somalia plan to resume direct flights between Dar es Salaam and Mogadishu as part of renewed efforts to deepen diplomatic and economic ties. The announcement was made during celebrations…
UAE races to become fastest growing buyer of Kenyan goods
Dubai Exports, the export promotion agency of the Department of Economic Development (DED) in Dubai, hosted a business forum in Nairobi, marking the conclusion of a five-day trade mission to Kenya, which provided varied opportunities for companies from the UAE…