2nd Russia-Africa Summit: Prospects And Expectations, by Lawal Sale    All roads lead to Russia's second largest city, St. Petersburgh, for the second gathering of Russian and African leaders from July 27 to 28, 2023. The primary aim of the summit tagged "Russia-Africa Economic and Humanitarian Summit"...

Africa Remains Centerpiece of Nigeria's Economic, Foreign Policy - Tinubu   President Bola Ahmed Tinubu has said Nigeria will sustain its spotlight on African countries as the fulcrum of its policies on economy and foreign policy, assuring that trade issues, security and border controls will be...

South African Rupert Displaces Dangote As Africa’s Richest   President Dangote Group, Aliko Dangote, has been overtaken as African richest man after his net worth dropped by 20.7 per cent. It was amid the naira devaluation implemented by the Central Bank of Nigeria (CBN), Forbes Billionaire Ranking...

Africa’s GDP Growth Slowed By 65% – Report   Nigeria, Egypt, and South Africa were responsible for 65 per cent of Africa’s Gross Domestic Product slowdown, McKinsey has disclosed. The report, which was titled ‘Reimagining economic growth in Africa: Turning Diversity into Opportunity’, stated that Africa’s GDP...

Angola Emerges Top African Crude Oil Producer, Overtakes Nigeria Angola has emerged the topmost crude oil producer in Africa, upstaging Nigeria as the latter’s output level hits a new low. The direct communication data in the April 2023 monthly oil market report (MOMR) of the Organization...

IMF Calls For Stiffer Crypto Regulations In Africa   Following the recent collapse of FTX and the subsequent ongoing prosecution of its former Chief Executive Officer, Sam Bankman-Fried, the International Monetary Fund has called for increased regulation of crypto markets in Africa. IMF made this call on...