September 29, 2023

Nigeria Immigration Service Clears Massive Passport Backlog Following Ministerial Directive

In a commendable administrative feat, the Nigeria Immigration Service (NIS) has successfully cleared a massive backlog of 190,749 passport applications. This comes in the wake of a directive issued by the Minister of Interior, Dr. Olubunmi Tunji-Ojo, exactly a month ago. Highlights: The passport application process, a vital service for many Nigerians seeking to travel […]

September 28, 2023

Air Senegal and Royal Air Maroc Ink Codeshare Deal

Dakar, Senegal – Air Senegal and Royal Air Maroc, two of the leading African airlines, have come together to sign a landmark codeshare agreement, paving the way for enhanced connectivity and a wider range of options for passengers traveling across West Africa and beyond. Highlights: This agreement is particularly significant for the West African aviation […]

September 28, 2023

Economic Winds Favor South Africa: Q2 Witnesses $2.8 Billion in FDI

Johannesburg – South Africa, a nation historically rich in resources and potential, has witnessed a significant boost in its foreign direct investment (FDI) inflows, recording a commendable $2.8 billion in the second quarter of the year. Highlights: South Africa’s economic landscape has always been a topic of global interest. From its vast mineral reserves to […]

September 28, 2023

Burkina Faso’s Government Thwarts Coup Attempt

Amidst the churning tides of political instability and persistent rumors, Burkina Faso’s transitional administration stood its ground. On a crisp Wednesday evening, they made a profound declaration: an audacious attempt to overthrow the government had been detected and thwarted. Highlights: The televised address to the nation reverberated with a sense of urgency and gravity. “On […]

September 28, 2023

Capitec’s Share Price Skyrockets Amid Declining Bad Loans.

In an era where financial turbulence seems to be the order of the day for many banking establishments, Capitec Bank Holdings, South Africa’s renowned mass-market lender, brings a fresh breeze of optimism. The bank recently announced a noticeable decline in its bad loans, signaling a remarkable turnaround in its financial health. Investors have been quick […]

September 28, 2023

Nigerian Ministry of Works in Turmoil: Workers’ Outcry after Umahi’s Lockout for Tardiness

In an unprecedented move at the Federal Ministry of Works and Housing in Nigeria, Minister Dave Umahi took stringent measures against lateness, resulting in more than 300 workers being locked out. This action led to heightened tensions, with some of the affected employees staging a protest, emphasizing the intensifying rift between the ministry’s leadership and […]

September 26, 2023

Chase UK Pulls the Plug on Cryptocurrency Transactions Amid Rising Fraud Concerns

In a significant move reflecting the rising concerns about fraud related to cryptocurrency transactions, JPMorgan’s British retail bank, Chase UK, has declared a ban on all cryptocurrency purchases. This decision, scheduled to take effect from October 16, follows alarming data that highlights the increasing rate of crypto scams and fraudulent activities. Highlights: The meteoric rise […]

September 26, 2023

US Halts Certain Aid to Gabon Following Military Takeover

In a decisive move following Gabon’s recent military coup, the United States has suspended specific foreign assistance programs to the Central African nation. This action underscores the US’s stance on promoting democracy and stable governance across the globe, especially in regions where political shifts can significantly influence geopolitics. Highlights: Secretary of State Antony Blinken formally […]

September 26, 2023

Kenya Clears $238.8 Million in Fuel Debt to State-Owned Gulf Firms

Nairobi, Kenya: In a move signaling strengthened economic relations and trustworthiness, the Kenyan government has announced the settlement of $238.8 million worth of fuel imports. This colossal payment was made under the arrangement to buy fuel on credit from three renowned state-owned Gulf firms. Highlights: The deal, which started earlier this year, was seen as […]