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Business

Nigerian Oil Regulator Rejects Shell’s $1.3 Billion Asset Sale to Local Consortium

Nigeria’s oil industry regulator has rejected Shell’s proposed $1.3 billion divestiture of its onshore assets to a local consortium, Renaissance Africa Energy Company...

Business

Jumia to Exit South Africa and Tunisia

Africa-focused e-commerce giant Jumia Technologies is set to shut down its South African fashion retailer Zando and cease its operations in Tunisia by...

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Economic Hardship Fuels Tragic Food Crushes in Nigeria: A Closer Look at the Underlying Causes

In a heart-wrenching series of events, Nigeria has witnessed three fatal crowd crushes within a week during events where free food was distributed,...

From Fishermen to Pirates: The Economic Desperation Driving Piracy in Eyl, Somalia

In the quiet coastal town of Eyl, Somalia, two men, their identities concealed under large scarves, entered a room for a clandestine meeting....