KEY POINTS Oil revenue funds 80% of Nigeria’s budget. Oil dependency causes vulnerability to price shocks. Diversifying sectors like agriculture strengthens stability. Nigeria, Africa’s third largest economy with a gross …
Opinion
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Key Points Mining contributes 70% of Zambia’s exports, driving economic stability. Copper and cobalt dominate production, with growing gold output. Sustainable practices, investment, and diversification fuel resilience. Zambia’s mining industry …
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Tragic Chad Military Base Attack Highlights Urgent Need for Security and Regional Stability
The recent attack on a Chadian military base, which claimed 40 soldiers’ lives, highlights the urgent need for regional cooperation and socioeconomic reforms in Chad to combat persistent insecurity.
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EconomyNewsOpinionSociety
South African Rand Slips as Investors Eye Inflation Data: What This Means for the Economy
The South African rand continues to fluctuate as inflation pressures rise. Learn how this affects the economy, foreign investment, and the future of South Africa’s growth.
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EconomyNewsOpinionSociety
World Bank Cuts 2024 Growth Forecast for Sub-Saharan Africa Amid Sudan Crisis
The World Bank’s 2024 growth forecast for Sub-Saharan Africa has been reduced due to Sudan’s ongoing crisis, impacting regional economic stability. Learn more about the challenges and potential solutions for …
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CultureEconomyNewsOpinionPoliticsSociety
State of Nigeria’s Development and Economy: President Tinubu’s 64th Independence Day Address
President Tinubu’s 64th Independence Day speech outlines ambitious economic reforms, security improvements, and youth-focused initiatives. However, challenges like inflation and unemployment remain significant obstacles.
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Election violence continues to threaten democratic elections in Africa. Countries like Nigeria and Kenya have experienced significant unrest, highlighting the persistent challenges to fair and peaceful elections across the continent.
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Critics question Tinubu’s administration’s competence as economic challenges persist and key sectors like education and health lack substantial reforms.
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Digital influencer Mihlali Ndamase and Wicknell Chivayo debunk dating rumors, focusing on truth and privacy amidst online speculation.