BTA2023
Residents of Lagos, Nigeria’s commercial hub, are facing sharp increases in petrol prices, with pump rates exceeding ₦1,000 per litre. The surge is linked to disruptions in global oil supply caused by tensions in the
BTA2023
Nigeria is facing a potential egg supply crisis as the cost of day-old chicks has surged by 67% in just three months, threatening poultry production and food supply. Prices have jumped from ₦1,800 in January
BTA2023
Africa’s plan to raise $155 billion from international capital markets is facing growing uncertainty as geopolitical tensions in the Middle East disrupt global financial conditions. According to S&P Global Ratings, the ongoing conflict has emerged
BTA2023
French President Emmanuel Macron has appointed Nigerian billionaire Tony Elumelu to lead the newly launched Africa France Impact Coalition, a strategic initiative aimed at strengthening business and investment ties between France and Africa. The coalition
BTA2023
The government of Ethiopia has introduced emergency fuel subsidies to shield consumers and businesses from rising global oil prices triggered by tensions in the Middle East. Authorities say the subsidies will help stabilize the domestic
BTA2023
Authorities in Nigeria have returned more than $270,000 in recovered fraud proceeds to victims in the United States and South Africa, highlighting increased international cooperation in combating financial crime. The restitution was carried out by
BTA2023
The government of Ghana is preparing to ban the importation of liquefied petroleum gas (LPG) cylinders as part of a strategy to boost local manufacturing and expand the use of cleaner cooking fuels nationwide. According
BTA2023
Nigeria’s satellite communications infrastructure could face operational disruptions after a Chinese contractor issued a 30-day ultimatum over unpaid service fees, raising concerns about the sustainability of the country’s space and telecom infrastructure. China Great Wall
BTA2023
The government of Kenya is considering a $1.7 billion railway project aimed at transporting crude oil from its north-western oil fields to the Indian Ocean by 2030, as part of efforts to strengthen the country’s
BTA2023
The government of Ghana is preparing to introduce a resolution at the United Nations General Assembly that would formally declare the Transatlantic Slave Trade the “gravest crime in the history of humankind.” The proposal, backed
