Fighter jet

Africa’s fintech revolution: market to reach $65bn in revenue by 2030, but challenges remain

Africa’s fintech market is poised for significant growth, projected to reach a $65 billion in revenue by 2030, which represents a 13-fold increase over 2021, according to a new study conducted by consulting firm Boston Consulting Group (BCG) and QED Investors, a global VC based in the US. This development will make Africa the world’sfastest-growing […]

Instability from 2011 to 2020 cost Libya $1 trillion – Minister of Economy

Libya lost one trillion dollars due to the instability that engulfed the oil rich country from 2011 to 2020, Libyan Minister of Economy Mohamed Hwej has revealed. Libya descended into chaos in 2011 following a NATO-backed revolution that ousted and murdered leader Muammar Gaddafi. Subsequent efforts to unify the country had failed due to rivalry […]

Nigeria: Fuel tanker explosion claims at least 70 lives

At least 70 people have died in north-central Nigeria after a gasoline tanker overturned in the early hours of Saturday and exploded as locals attempted to salvage its fuel. According to eyewitnesses, community members rushed to the scene once the tanker crashed, hoping to collect leaking gasoline for personal use. A generator was then started […]