Listing Mauritius cast left to right: Nawsheen Herburrun, Grahame Diedericks, Mridula Sembhoo, Manon Duez, Rinie Boshoff, Samuel Alladee, Viviane Jeetah. Following the success of Listing Jozi and Listing Cape Town, BBC Studios’ lifestyle channel in Africa, BBC Lifestyle, brings you a brand-new series – Listing Mauritius. The 10-part series starts on Wednesday 16th October at 20:00, exclusively on BBC Lifestyle, DStv Channel 174. Episodes will be repeated Thursdays at 17:00 and available on DStv catch-up. Mauritius is known for its breathtaking beaches, luxury resorts, amazing tropical weather and diverse culture, but over the past few years, the island has fast become a haven for foreign property investors from all…
Author: Johnson Akinyi
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It was a major milestone for Nigeria when trucks laden with gasoline rolled out of the premises of the newly minted Dangote Refinery, Lagos, on 15 September. It was the first time in more than a decade that a Nigerian refinery was supplying fuel to the local market. Indeed, for the first time in seven decades as a petroleum producer, Africa’s biggest oil exporter can now refine most of what it pumps. This is thanks to the 650,000 barrels per day capacity of the Dangote Refinery, owned by Africa’s richest man, Aliko Dangote.This September, the refinery started producing gasoline, the…
Elemental Energy has been selected by Hexagon Purus, a world leading manufacturer of zero-emission mobility and hydrogen infrastructure solutions, to distribute its products in Southern and East Africa. The distribution agreement brings leading Type 4 cylinders, multi-element gas containers and hydrogen distribution systems to these markets at a time when the number of green hydrogen projects announced in the region continues to grow. Hydrogen Storage Cylinder Hexagon Purus’ products will be made available for projects in major markets including South Africa, Namibia and Kenya, amongst others. Michael Patterson, CEO of Elemental Energy, is taking a long view on green hydrogen in…
African banks are taking a lead in drawing together the continent’s economies, and increasingly operate across borders. The biggest banks continue to be the winners, both at working across different jurisdictions and at adopting new technology and adapting to it, and their healthy finances and global networks ensure they are likely to stay at the top.The rise of North African banks has been the main change. South Africa’s banking giant Standard Bank Group has been Africa’s standalone Top Bank every year, while the National Bank of Egypt has been second for the last four years. The gap between them has…
Pension fund assets under Nigeria’s Contributory Pension Scheme (CPS) have reached N20.87 trillion, with over 10.41 million Retirement Savings Accounts (RSAs) as of July, the Acting Director General of the National Pension Commission, Omolola Oloworaran, has said. Speaking Thursday at the Pension Correspondents Association of Nigeria (PENCAN) conference in Abuja, Ms Oloworaran highlighted the steady growth of pension assets as a major success story of the CPS, which has transformed pension administration in Nigeria over the last two decades. Represented by the commission’s spokesperson, Ibrahim Buwai, Ms Oloworaran emphasised the positive impact of the CPS, which was introduced in 2004…
Africa, a continent rich in culture and diversity, is also home to some of the most extravagant statehouses. These statehouses serve as the official residences and offices for African heads of state. Their grandeur, architectural significance, and sometimes controversial costs make them noteworthy landmarks. Here, we explore the top 10 African countries with the most expensive statehouses, ranked from 10 to 1.10. Malawi – Kamuzu PalaceAt number 10 is Malawi’s Kamuzu Palace, located in Lilongwe. Completed in 1975, this palace was initially designed for the nation’s first president, Hastings Kamuzu Banda. With a cost of $100 million, Kamuzu Palace stands…
Africa is home to some of the youngest populations in the world, driven by high birth rates and improving healthcare systems. Countries with younger populations often have the potential for rapid economic growth, innovation, and labor force expansion. Here’s a look at the African countries with the youngest populations in 2024, based on median age statistics10. UgandaMedian age: 15.8 yearsUganda’s youthful population is one of the youngest in the world, with nearly half of its citizens under the age of 15. The government has focused on improving education and creating opportunities for youth, but challenges such as youth unemployment remain.…
Africa has seen its share of political upheavals, with numerous coups shaping the continent’s history. While some coups are well-documented, others remain lesser-known but no less significant in shaping the political landscape of their respective nations. Here’s a countdown of African successful coups you may not know.10. Comoros (1975)The Comoros Islands, known for their history of political instability, witnessed a successful coup in 1975 led by Ali Soilih. This coup ousted the country’s first president, Ahmed Abdallah, just a month after independence. Soilih, a Marxist, attempted to introduce socialist reforms, but his government was short-lived, eventually falling to another coup…
Africa investor (Ai) today confirmed Dr. Hubert Danso, its CEO and Chairman, and the Chairman of the African Union’s Continental Business Network (CBN), the African Green Infrastructure Investment Bank (AfGIIB), and Co-Chair of the Sustainable Markets Initiative (SMI) Africa Council, shared investor insights on the World Economic Forum’s First Movers Coalition (FMC) studio panel session on Surfacing the Supply of Zero-Emission Fuels and Clean Technologies in South Africa. The panel accompanied the launch of the FMC’s white paper on “Decarbonizing South Africa’s shipping and trucking sectors following the workshop that FMC held in South Africa on surfacing the supply of zero-emission…
Economic Diversification in Developing Countries: Lessons from Country Experiences with Broad-Based and Industrial Policies Author/Editor: Corinne C Delechat ; Giovanni Melina ; Monique Newiak ; Chris Papageorgiou ; Nikola Spatafora Publication Date: July 30, 2024 Electronic Access: Free Download. Use the free Adobe Acrobat Reader to view this PDF file Disclaimer: The views expressed herein are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management. Summary: This paper examines the significance and impact of…