National development, economic growth, infrastructure, industrialisation and manufacturing, share a common denominator; adequate and constant power supply. Such regularity in power supply guarantees that industries that create employment and wealth, run on a twenty-four hour cycle. Despite years of lip service to building up power supply in Nigeria, the capacity...
We are still near the start of 2018, and already it feels like tension and disorder will be the year’s defining characteristics. From anti-immigration policies in the United States to flaring geopolitical hotspots in the Middle East and East Asia, disruption, upheaval, and uncertainty seem to be the order...
Gold castings of the hands of South Africa's first black President Nelson Mandela have been sold for $10m (£7m) in bitcoin. Canadian crypto-currency exchange firm Arbitrade bought four casts from South African businessman Malcolm Duncan. The firm said it planned to launch a global "Golden Hands of Nelson Mandela" tour to...
Facebook ended the week $58bn lower in value after its handling of a historic data breach. Its founder Mark Zuckerberg apologised for data breaches that affected 50 million users. The apology did not stop investors from selling shares in Facebook, with many wondering just how bad the damage would be for...
South Africa will consider partially privatising struggling state-owned companies as part of wide-ranging reforms set in motion by President Cyril Ramaphosa since he came to power last month, the head of the National Treasury said on Saturday. Dondo Mogajane said South Africa was at the end of a credit downgrade...
The Foreign Minister for the Russian Federation Sergey Lavrov has rubbished claims that, its government was connected to the poisoning of a former spy in London. According to the Mr. Lavrov, the accusation coming from London is nothing but “nonsense.” He said the Russian Federation had nothing to do with the...
African leaders hope for trade-led growth boost Nigeria, South Africa do not to sign up Continent gives itself 18 months to hammer out details African leaders agreed on Wednesday to form a US$3 trillion continental free-trade zone encompassing 1.2 billion people, but its two biggest economies, Nigeria and South...
Leaders of African Union member-states, including President Nana Akufo-Addo, at an Extraordinary Session of the Assembly of Heads of State and Government of the African Union signed onto a roadmap for the proposed Continental Free Trade Area (CFTA) in the Rwandan capital, Kigali, on Wednesday, March 22. As part of...
The father of a schoolgirl kidnapped by Boko Haram in Nigeria has described the pain of losing his daughter again. His daughter was among several others taken to the capital, Abuja, to meet President Muhammadu Buhari after their release from a month in captivity. The father told the BBC that he...
Ghana has urged members of the Economic Community of West African States (ECOWAS) to show commitment to a borderless sub-region. Mr. Ambrose Dery, the Minister of Interior who made the call, said the rationale for forming ECOWAS - which was a borderless West Africa - still remains relevant, and requested...