Month April 2024

BNP Paribas Faces Sudan Genocide Lawsuit In US

IN a significant legal development, US District Judge Alvin Hellerstein in Manhattan has ruled that BNP Paribas must confront a lawsuit alleging its complicity in Sudan’s genocide between 1997 and 2011. The French bank stands accused of providing banking services…

Nigeria Slips, Egypt Falls: Africa’s Economic Shift

ACCORDING to forecasts from the International Monetary Fund (IMF), Nigeria’s economy, which held the title of Africa’s largest in 2022, is set to slip to fourth place this year. Egypt, which claimed the top position in 2023, is also projected…

Prof. Ojo Emmanuel Ademola: Technological Visionary

IN the fast-evolving landscape of technology, where innovation and insight shape the future, Professor Ojo Emmanuel Ademola emerges as a leading authority, heralding a new era of technological wisdom and progress. Serving as the Contributing Editor in Technology at African Briefing, Professor Ademola’s…

Zando Launches Zando Global To Challenge Shein, Temu

IN a strategic move to counter the growing influence of fast-fashion behemoths Shein and Temu in South Africa’s retail landscape, online fashion retailer Zando unveiled its international e-commerce arm, Zando Global, on Thursday. The burgeoning popularity of Shein and Temu, fuelled by the allure of…

Botswana Churches Oppose Constitution’s Gay Rights Amendment

A COALITION of churches in Botswana has raised its voice against parliament’s recent move to amend the constitution to incorporate gay rights, sparking a contentious debate over the intersection of religious beliefs and human rights. Botswana’s Minister for State President, Kabo Morwaeng,…

IMF: Sub-Saharan Africa Faces Debt Challenges Despite Decline

THE IMF has issued a cautionary statement regarding sub-Saharan Africa’s debt situation, underscoring ongoing challenges despite a decline in debt levels following a series of sovereign defaults. While debt-to-GDP ratios are projected to decrease, the region continues to face hurdles…

Angola’s Mineral Renaissance: Beyond Oil And Diamonds

ANGOLA, the seventh-largest country in Africa, has long been synonymous with its substantial oil reserves, which have fuelled its economy for decades. However, a new chapter is unfolding in this Southern African nation as international attention shifts towards its untapped…

IMF Warns: Sub-Saharan Africa’s Income Gap Widens

THE IMF has issued a sobering assessment of sub-Saharan Africa’s economic performance, highlighting a widening income gap compared to the rest of the world amidst a tepid recovery. The IMF’s biannual Regional Economic Outlook report, unveiled during its Spring Meetings in Washington,…

NamPower Targets 80% Energy Self-sufficiency by 2028

NAMPOWER, Namibia’s leading power utility, has set an ambitious goal to achieve 80 percent energy self-sufficiency by the year 2028, aiming to enhance the country’s energy security and reduce dependence on electricity imports. Kahenge Haulofu, NamPower’s managing director, shared insights…