Current developments shaping identity, movement and power across Africa and its diaspora.
Nigeria wants officially recorded diaspora remittances to reach $1 billion a month by the end of 2026. The target looks ambitious, but the Central Bank of Nigeria says monthly inflows have already risen above $600 million. Speaking at the BusinessDay CEO Forum in July, CBN governor Olayemi Cardoso attributed the increase to reforms aimed at.
Every few years, South Africa turns on the Africans living inside it. It happened in 2008, when more than 60 people were killed and tens of thousands were driven from their homes. It happened again in 2015. And in 2019, when mobs burnt foreign-owned shops around Johannesburg. It is happening right now, in 2026, and.
The New Development Bank (NDB), the lender created by the BRICS group, has approved a loan of up to $1 billion to upgrade urban infrastructure across South Africa’s eight metropolitan municipalities, the bank said on June 17. The money will fund water, sanitation, electricity and solid waste services for more than 22 million residents in.
In the space of a month, South Africa has watched mobs pull suspected foreigners from market stalls, march on factories to demand their sacking, and leave migrants dead in a Mossel Bay settlement. Almost all of it has been Black South Africans turning on Black African migrants. The attacks are building toward June 30, the.
Secondhand clothing from the West has destroyed Africa’s textile industry, and this outcome is far from accidental. Decades after the International Monetary Fund (IMF) and World Bank’s controversial programs weakened Africa’s manufacturing capacity, and after the secondhand clothing battle between East African nations and the United States, the continent now stands exactly where Western powers.
Kenyan journalist and founder of the Africa Leadership and Dialogue Institute, Julie Gichuru says the recolonisation of Africa is already underway. She left a senior role at Mastercard foundation because she could see what was coming. Or more precisely, what had already arrived. She traces it from Muammar Gaddafi’s assassination to foreign military bases, captured.
The Dangote Refinery in Nigeria has done what decades of African energy policy failed to deliver. For decades, a continent sitting on some of the world’s largest crude oil reserves has been refining the product abroad. It’s priced in someone else’s currency, arriving on someone else’s schedule. That arrangement is finally cracking. Takeaways In March.
The Ikeja Electric Distribution Company (IKEDC) has asked its customers to submit their identification details on or before February 20, 2026, warning that those who fail to comply risk possible service suspension. In a public notice issued on Wednesday, the electricity distribution company said the directive is in line with the Nigeria Tax Law (2025),.
Elon Musk has reignited the privacy fight around Meta-owned WhatsApp, posting on X that the messaging app “is not secure” and urging people to use X Chat instead. His comment followed fresh whistleblower-linked claims and a lawsuit that challenges WhatsApp’s long-running pitch that end-to-end encryption keeps messages private from the company itself. DON’T MISS THIS:.
Nigerian billionaire and BUA Group chairman, Abdul Samad Rabiu, says he will still pay the Super Eagles the $500,000 incentive he previously promised, even after the national team’s defeat to Morocco in the semi-finals of the Africa Cup of Nations (AFCON). Prior to the game, Rabiu had pledged to gift the Nigeria’s national team the.