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Africa in 2023: Navigating Coups, Climate Challenges, and the Cost of Living

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As the year 2023 comes to an end, Africa finds itself at the crossroads of political upheaval, climate crises, and economic challenges that have collectively shaped the continent’s trajectory. From government coups and their ripple effects to the ongoing battle against climate change and the struggle to manage rising costs of living, Africa faces a …

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S’African Billionaire, Oppenheimer buys 100% stake in Nigerian Can Manufacturer

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A South African businessman has acquired a 100% stake in Nigeria’s biggest beverage can manufacturer, GZ Industries. The deal was announced recently by Johannesburg-based Global Beer Company, which is controlled by Jonathan Oppenheimer, the son of South African billionaire Nicky Oppenheimer. The acquisition is a major boost for GZ Industries, which has been struggling in …

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China, Africa deepen ties with new trade and investment deals

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As part of efforts to sustain the enduring bilateral relations between China and Africa, the South-East Asian country and Africa have signed a series of new trade deals to promote shared interests and economic growth. The deals were signed on the sidelines of the Forum on China-Africa Cooperation (FOCAC), a major summit that takes place …

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Africa set to overtake Europe on Geothermal Capacity by 2025

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According to a new report by the International Geothermal Association (IGA), Africa is set to overtake Europe in geothermal capacity in the next few years. The report, which was released recently found that Africa has the potential to generate up to 15,000 MW of geothermal electricity, more than any other continent except Asia. The report …

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