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 Foreign Affairs / WATCH: President Of Rwanda Kagame Meets With President Bassirou Faye In Senegal by FactsZoneAfrica: 9:50am |
President Kagame held a tête-à-tête meeting with President Bassirou Diomaye Faye of Senegal. They discussed ways to further strengthen the already existing bilateral relations between Rwanda and Senegal in key sectors including tourism, trade, and governance. President Bassirou Diomaye Faye later hosted President Kagame to a luncheon alongside Prime Minister Ousmane Sonko. https://www.youtube.com/watch?v=tzWBnAFeYfA |
| Politics / WATCH: One Of The Best Speeches By An African President by FactsZoneAfrica: 8:54am |
President of Uganda Yoweri Museveni delivered a statement at the 21st International Development Association (IDA) Africa Heads of State Summit in Nairobi, Kenya He called upon my African brothers to audit the intentions of the World Bank loans to ensure that they are for prosperity rather than profiteering. What loans are we getting as Africa? Is the World Bank giving us loans for private sector-led growth or to be more dependent? He highlighted that main reason there is no growth in Africa is that the growth factors are neither funded nor understood; those who want to help Africa should fund our transport systems, electricity, raw material processing, and import substitution. Why are we being funded to import and hold seminars in the name of capacity building? "I, therefore, challenged my African brothers to think about the hemorrhage of Africa. Our populations are increasing, but our economies are stunted. The IDA should tell us why they are funding the modern slavery of Africans, and we should address issues like why Africa is producing what it does not consume and consuming what it does not produce." https://www.youtube.com/watch?v=zuscVUai6F0 |
| Foreign Affairs / WATCH: President Of Rwanda Kagame Meet With President Mamadi Doumbouya In Guinea by FactsZoneAfrica: 8:21am |
President Kagame was in Conakry, Guinea for a visit where he was received by President Mamadi Doumbouya The two Heads of State held a tête-à-tête meeting, discussing ways to strengthen existing productive bilateral cooperation between Rwanda and Guinea in various sectors including digitization, trade, and investments. https://www.youtube.com/watch?v=N2tZYJsVmuI 1 Like |
| Politics / Mali's Junta Proposes Extending Power Hold For Three More Years by FactsZoneAfrica: 2:10pm On May 13 |
Mali's leadership has recently put forward a proposal to delay democratic elections for three years, which would also extend the tenure of military leader Assimi Goita. This move could potentially allow him to run for president in the upcoming election. Let's delve into the details of this proposal and its implications for Mali's political landscape. Read More Here: https://africafactszone.com/malis-junta-proposes-extending-power/
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| Politics / Uganda Named Best Investment Destination In Africa by FactsZoneAfrica: 1:23pm On May 13 |
Uganda has clinched the prestigious title of the best investment destination in Africa at the Annual Investment Meeting (AIM) held in Abu Dhabi, UAE. The country’s investment authority emerged victorious, securing the ‘best investment destination in Africa’ award for 2024. State Minister for Investment, Evelyne Anite, proudly announced the achievement, highlighting Uganda’s excellence on the global investment stage. “Uganda has been awarded a recognition award of the best investment destination in Africa,” exclaimed Anite, underscoring the country’s attractiveness to investors. This isn’t the first time Uganda has been recognized for its investment appeal. In 2023, the East African nation received the award for the “Best Investment Destination in East Africa,” further solidifying its position as a key player in the region. https://africafactszone.com/uganda-best-investment-destination-in-africa/
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| Politics / Lagos GDP Surges To ₦41 Trillion, Now 7th Largest African Economy by FactsZoneAfrica: 1:10pm On May 03 |
In a remarkable turn of events, Lagos State's Gross Domestic Product (GDP) has surged to ₦41 trillion, a substantial increase from ₦27 trillion just four years ago. This surge in economic growth has propelled Lagos to become the seventh largest economy in Africa, nearly matching the economic size of Kenya. This remarkable achievement is credited to the strategic governance of Governor Babajide Sanwo-Olu. Infrastructure Development Driving Growth One of the key factors driving this economic growth is the government's focus on infrastructure development, particularly in areas such as schools and railways. This strategic shift from investing in traditional sectors like breweries to more sustainable infrastructure has paid off significantly, leading to widespread economic benefits for the state. Conclusion Lagos State's remarkable economic growth under Governor Sanwo-Olu's leadership is a testament to the power of strategic governance and investment in critical infrastructure. As Lagos continues to grow and thrive, it is essential that this economic prosperity is shared equitably among all residents, ensuring a brighter future for everyone in the state. https://africafactszone.com/lagos-7th-largest-african-economy/
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| Travel / How To Be A Digital Nomad In Europe by FactsZoneAfrica: 6:04pm On May 02 |
In the wake of the pandemic, the concept of remote work has gained unprecedented popularity. As many individuals have embraced the flexibility of working from anywhere, several European countries have seized this opportunity to attract remote workers through the introduction of digital nomad visas. Embracing Remote Work: The Rise of Digital Nomad Visas in Europe Across Europe, countries such as Croatia and Spain are leading the charge in offering digital nomad visas, aiming to revive their tourism industries and address various demographic challenges. These visas provide non-EU citizens with the opportunity to reside temporarily in these countries while working for foreign companies, offering a unique blend of work and travel. For those considering a move to Europe, it's essential to understand the various digital nomad visas available across the continent. These visas differ in terms of length of stay, application fees, and income requirements. Some are specifically tailored for remote workers, while others are adapted from existing visas to accommodate individuals working while traveling. Navigating Visa Requirements While EU citizens enjoy greater flexibility in their travel within the Schengen Area, third-country nationals face limitations, with tourist visas allowing stays of up to 90 days out of 180 days. To stay longer and legally work remotely, individuals can apply for digital nomad visas, providing a pathway to extended stays in Europe Continue Reading: https://africafactszone.com/how-to-be-a-digital-nomad-in-europe/ |
| Foreign Affairs / Ethiopia's PM Abiy Ahmed Launches 'clean Ethiopia' Digital Telethon by FactsZoneAfrica: 4:32pm On Apr 28 |
On April 26, 2024, Ethiopia took a significant step towards environmental sustainability with the launch of the 'Clean Streets - Healthy Lives' initiative by Prime Minister Abiy Ahmed. This comprehensive campaign seeks to transform the urban and rural landscapes of Ethiopia into cleaner, healthier environments through widespread public participation and collective action. The Vision of 'Clean Streets - Healthy Lives' The initiative aims to drastically reduce litter and pollution across Ethiopia, enhancing the aesthetic and sanitary conditions of public spaces. By promoting cleaner streets, the campaign directly contributes to improving public health standards, reducing the prevalence of diseases associated with poor environmental conditions. Read More: https://africafactszone.com/clean-ethiopia/
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| Politics / Nigeria Plans To Launch Ambitious $10 Billion Diaspora Fund To Boost Economy by FactsZoneAfrica: 4:15pm On Apr 28 |
Nigeria, Africa's largest oil producer, has announced an ambitious plan to establish a $10 billion diaspora fund aimed at tapping into the wealth of its citizens living abroad. This move, orchestrated by the Ministry of Industry, Trade, and Investment, is designed to attract substantial dollar inflows to bolster the country's critical sectors such as infrastructure, healthcare, and education. Objectives of the Diaspora Fund Cultural and Economic Ties: The fund is a strategic effort to reinforce the connection between Nigeria and its nearly 20 million diaspora population, viewing them as pivotal agents of change. Promoting National Development: By harnessing the diaspora's potential, Nigeria aims to drive significant advancements in key areas of its economy. Read More: https://africafactszone.com/nigeria-to-launch-10-billion-diaspora-fund/
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| Celebrities / Davido's Family Powering Nigeria's Electricity Grid by FactsZoneAfrica: 3:54pm On Apr 28 |
In a striking revelation that intertwines celebrity and corporate power, Nigerian superstar Davido recently disclosed that his family owns four significant power plants in Nigeria. This announcement shines a spotlight on the substantial impact his family has on the energy sector, particularly through Transcorp Power, which alone energizes millions of homes and essential institutions across the nation. Watch Here: https://africafactszone.com/davidos-family-powering-nigerias-electricity-grid/
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| Foreign Affairs / President Yoweri Museveni Retires 5 Generals Of Uganda People's Defence Force by FactsZoneAfrica: 3:06pm On Apr 28 |
In a solemn and prestigious ceremony, President Yoweri Museveni recently paid tribute to five of Uganda's most distinguished military leaders from the Uganda People's Defence Forces (UPDF). The generals honored were Fred Tolit, Eugene Ssebugwawo, Emmanuel Rwashande, Jesse Kamunwanire, and Max Gumisiriza. This event not only recognized their commendable service but also reinforced the deep connection between the UPDF's endeavors and the broader aspirations of Uganda under the guidance of the National Resistance Movement (NRM). Contributions of the Generals General Fred Tolit Specialized Contributions: Known for his strategic insights and operational expertise which have been crucial in numerous military campaigns. General Eugene Ssebugwawo Administrative Acumen: His administrative skills ensured efficient logistics and support systems within the UPDF. General Emmanuel Rwashande Training and Development: Focused on training and development, significantly enhancing the skill levels within the UPDF ranks. General Jesse Kamunwanire Operational Leadership: Played a key role in several key operations that stabilized regions and secured peace. General Max Gumisiriza Community Integration: Worked on numerous programs that integrated community development into national security strategies. Read More: https://africafactszone.com/museveni-retires-5-generals/
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| Politics / Lagos State Governor Increases Minimum Wage For Lagos State Workers by FactsZoneAfrica: 1:53pm On Apr 25 |
In a groundbreaking move, Lagos State Governor Babajide Sanwo-Olu has dramatically increased the minimum wage for state workers from N35,000 to N70,000. This decision marks a significant shift in the financial landscape for thousands of civil servants in Nigeria's bustling commercial hub. Lagos State's decision sets a new benchmark within Nigeria, where many states struggle to meet even the federal minimum wage of N30,000. This bold step by Governor Sanwo-Olu not only highlights disparities in economic capabilities among Nigerian states but also puts pressure on other regions to reevaluate their wage structures. Public and Political Reactions Many civil servants and labor unions have lauded the Governor’s decision, viewing it as a long-overdue adjustment that recognizes the rising cost of living in one of Africa’s most expensive cities. https://africafactszone.com/lagos-state-governor-increases-minimum-wage/ FOLLOW US TWITTER https://twitter.com/FactsZoneAfrica FOLLOW US ON WHATSAPP https://whatsapp.com/channel/0029VaNpazG30LKX6YFPUG1U 3 Likes 2 Shares
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| Politics / Portugal Must 'pay Costs' Of Slavery And Colonial Crimes, President Says by FactsZoneAfrica: 5:35pm On Apr 24 |
President Marcelo Rebelo de Sousa said late on Tuesday that hashtag#Portugal 🇵🇹 was responsible for crimes committed during #transatlantic #slavery and the colonial era, and suggested there was a need for #reparations. For over four centuries, at least 12.5 million Africans were kidnapped, forcibly transported long distances by mainly European ships and merchants, and sold into slavery. Those who survived the voyage ended up toiling on plantations in the hashtag#Americas, mostly in #Brazil and the #Caribbean, while others profited from their labour. Portugal trafficked nearly 6 million Africans, more than any other European nation, but has failed so far to confront its past and little is taught about its role in transatlantic slavery in schools. Instead, Portugal's colonial era, during which countries including #Angola 🇦🇴, #Mozambique 🇲🇿, #Brazil 🇧🇷, #CapeVerde 🇨🇻 and #EastTimor as well as parts of hashtag#India 🇮🇳 were subjected to Portuguese rule, is often perceived as a source of pride. Speaking at an event with foreign correspondents late on Tuesday, Rebelo de Sousa said Portugal "takes full responsibility" for the wrongs of the past and that those crimes, including colonial massacres, had "costs". "We have to pay the costs," he said. "Are there actions that were not punished and those responsible were not arrested? Are there goods that were looted and not returned? Let's see how we can repair this." Visit: africafactszone.com
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| Politics / African Countries Facing The Highest Visa Rejection Rates by FactsZoneAfrica: 3:18pm On Apr 24 |
The journey to obtain a Schengen visa, which grants access to 26 European countries, has become increasingly challenging over the years, especially for African applicants. Recent trends show a troubling increase in rejection rates for Africans compared to global averages, highlighting a deeper issue in international travel and relations. This disparity not only affects individuals but also reflects broader geopolitical and economic implications between Africa and Europe. Global vs. African Rejection Rates While the overall number of Schengen visa applications has decreased globally, the rejection rate for these applications has surged. In 2023, the global rejection rate climbed to 17.5%, a stark increase from previous years. For African applicants, this situation is even grimmer, with a rejection rate of 30%—nearly double the global average. Countries like Algeria, Guinea-Bissau, and Nigeria face rejection rates upwards of 45%, indicating a severe discrepancy in the treatment of applicants based on their geographic origin. Specific Cases of High Rejection African countries dominate the list of highest Schengen visa rejections: Algeria: 45.8% Guinea-Bissau: 45.2% Nigeria: 45.1% In stark contrast, applicants from the US, Canada, and the UK face significantly lower rejection rates, showcasing a bias that favors economically stronger and Western countries. Continue Reading: https://africafactszone.com/african-countries-facing-visa-rejection/ FOLLOW US TWITTER https://twitter.com/FactsZoneAfrica FOLLOW US ON WHATSAPP https://whatsapp.com/channel/0029VaNpazG30LKX6YFPUG1U |
| Celebrities / Davido Faces Allegations Of Unpaid Royalties From Music Producer by FactsZoneAfrica: 5:57pm On Apr 23 |
Music producer Napji has taken to social media to air his grievances against Davido, alleging that he was paid a meager 500,000 naira per song for his contributions to the tracks "Fem," "Jowo," and "Sunlight" on Davido's acclaimed album 'A Better Time.' Napji asserts that he deserves proper compensation for his work in the form of royalties and publishing rights. Social Media Reaction The allegations have ignited a firestorm on social media platforms, with users expressing a range of opinions. Some have criticized Davido, questioning his financial management and integrity in dealing with collaborators. Others have come to his defense, citing various factors and potential explanations for the situation. Read More: https://africafactszone.com/nigerian-artist-davido-faces-allegations-of-unpaid-royalties-from-music-producer/
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| Politics / Africa’s Most Expensive Cities 2024 by FactsZoneAfrica: 12:08pm On Apr 22 |
In 2024, the spotlight shines on cities like Cape Town, Grand Baie, and Marrakech, showcasing not only opulent living spaces but also the dynamic economic growth driving the continent’s real estate market Africa is also swiftly becoming a beacon for luxury real estate investors worldwide, with its cities climbing the ranks among the most coveted destinations for high-net-worth individuals (HNWIs). Africa’s Most Expensive Cities 2024 Cape Town: The Jewel in Africa’s Crown Current Valuation: Prime residential spaces are pegged at USD 5,600 per m2. Highlights: Known for its breathtaking scenery and robust infrastructure, Cape Town remains a top destination for luxury property seekers. Grand Baie, Mauritius: Island Luxury at its Finest Price Range: Prime apartments range from USD 5,000 per m2. Unique Selling Points: Offers serene beachfront views and a stable investment environment, making it highly desirable for international buyers. Continue Reading: https://africafactszone.com/africas-most-expensive-cities-2024/ |
| Politics / Africa’s Wealthiest Cities’ Africa’s Most Affluent Cities 2024 by FactsZoneAfrica: 12:00pm On Apr 22 |
Africa boasts some of the world’s most vibrant and economically diverse cities. The continent’s wealth landscape is characterized by a dynamic blend of historic wealth, rapid urban development, and burgeoning luxury markets. Here’s a detailed look at the 10 wealthiest cities in Africa, ranked by the number of resident millionaires and showcasing their unique attributes and contributions to Africa’s economic prowess. The Wealth Capitals of Africa Johannesburg: Africa’s Financial Heartbeat Millionaires: 12,300 Key Features: Home to the Johannesburg Stock Exchange, Sandton City, and affluent suburbs like Sandhurst and Hyde Park. Economic Contribution: Dominates as Africa’s largest stock exchange and a global top 20 contender. Cape Town: The Scenic Luxury Hub Millionaires: 7,400 Prime Areas: Clifton, Camps Bay, and Bishopscourt are part of the “Prime 7” luxurious suburbs. Future Outlook: Set to overtake Johannesburg by 2030 as Africa’s wealthiest city, driven by ‘semigration’ trends and European retiree influx. Cairo: The Historical Wealth Giant Millionaires: 7,200 Wealth Centers: Zamalek and Garden City enhance Cairo’s status with their opulence. Cultural Significance: Holds more billionaires and centi-millionaires than any other African city. Nairobi: East Africa’s Economic Engine Millionaires: 4,400 Luxury Neighbourhoods: Karen and Muthaiga stand out for their colonial-era luxury. Climatic Advantage: Known for its mild climate due to its high altitude. Lagos: Nigeria’s Megacity of Commerce Millionaires: 4,200 Economic Backbone: Hosts the Nigerian Stock Exchange and major corporations like Dangote Group. Urban Expansion: Largest city by population in Africa. Continue Reading: https://africafactszone.com/africas-wealthiest-cities/ |
| Politics / 2024 Africa Wealth Report: South Africa, Nigeria & Egypt Dominate by FactsZoneAfrica: 11:38am On Apr 22 |
Africa's economic landscape is undergoing a remarkable transformation, as evidenced by the 2024 Africa Wealth Report, published by Henley & Partners in collaboration with New World Wealth. This detailed examination not only highlights the current state of wealth on the continent but also projects significant growth among high-net-worth individuals (HNWIs) over the next decade. Africa's Wealth in Numbers: A Comprehensive Overview The latest findings reveal that Africa's total investable wealth has reached an impressive USD 2.5 trillion. The continent's millionaire population is set to witness a 65% increase by 2033, spotlighting an era of unprecedented wealth accumulation. Current Wealth Distribution: HNWIs: There are currently 135,200 individuals with a net worth of USD 1 million or more. Centi-Millionaires: About 342 individuals are worth USD 100 million or more. Billionaires: The continent boasts 21 dollar billionaires. Leading Wealth Markets: South Africa remains the continent’s wealthiest country, despite a challenging past decade. It's home to 37,400 millionaires. Egypt and Nigeria follow, with robust communities of millionaires and billionaires contributing significantly to their national economies. Kenya, Morocco, and Mauritius are also key players in Africa's wealth landscape. Read More: https://africafactszone.com/2024-africa-wealth-report/ |
| Politics / South Africa Now Africa's Largest Economy As Nigeria Slips To 4th Place by FactsZoneAfrica: 5:56pm On Apr 21 |
Nigeria, once Africa's largest economy, is facing a shift in its economic standing according to projections from the International Monetary Fund (IMF). This change comes as a result of a series of currency devaluations and economic challenges plaguing the nation. Economic Rankings: A Shift in Power According to the IMF's World Economic Outlook, Nigeria's gross domestic product (GDP) is estimated at $253 billion for the current year. However, this places Nigeria behind Algeria, Egypt, and South Africa in terms of economic size. While Nigeria has long been Africa's largest economy, recent developments indicate a changing landscape where other nations take the lead. Factors Contributing to the Shift The economic fortunes of Nigeria and Egypt have dimmed in recent times, largely due to high inflation rates and currency depreciation. In Nigeria, President Bola Tinubu has implemented significant policy reforms aimed at addressing these challenges, including allowing the currency to float more freely and scrapping energy subsidies. Despite these efforts, the Nigerian naira remains significantly weakened against the US dollar. Similarly, Egypt has also faced currency devaluation as part of efforts to attract investment. The IMF has supported Egypt's flexible currency regime by increasing the size of a loan program, which, in turn, attracted additional financial support from other international institutions. https://africafactszone.com/south-africa-now-africas-largest-economy/ FOLLOW US TWITTER https://twitter.com/FactsZoneAfrica FOLLOW US ON WHATSAPP https://whatsapp.com/channel/0029VaNpazG30LKX6YFPUG1U
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| Sports / Moment Tunde Onakoya Started Crying After Setting New Chess Guiness World Record by FactsZoneAfrica: 1:51pm On Apr 21 |
In an extraordinary display of stamina, skill, and dedication, Nigerian Chess Master Tunde Onakoya has not just played chess; he also made history. Tunde Onakoya's record-setting marathon is a testament to the power of human spirit and the impact one individual can have on the lives of many. His journey continues to inspire and captivate people around the world. Whether you are a chess enthusiast or a supporter of educational development, Onakoya’s story is a compelling reminder of how passion and perseverance can drive meaningful change. https://www.youtube.com/watch?v=inay52F862g FOLLOW US TWITTER https://twitter.com/FactsZoneAfrica FOLLOW US ON WHATSAPP https://whatsapp.com/channel/0029VaNpazG30LKX6YFPUG1U |
| Sports / Tunde Onakoya Completes 24hrs Playing Chess Without Losing To Anyone (video) by FactsZoneAfrica: 6:44pm On Apr 18 |
In the bustling heart of New York City, Times Square is witnessing a remarkable test of endurance and skill. Tunde Onakoya, a celebrated Nigerian chess prodigy is attempting to etch his name in the annals of the Guinness World Records. He just completed 24 hours playing chess ♟️ without losing to anyone https://www.youtube.com/watch?v=Lrb30zStc9s 1 Like |
| Celebrities / Burna Boy Shares Video Of His “typical Day” In Nigeria by FactsZoneAfrica: 11:05am On Apr 18 |
Burna Boy shares video of his “typical day” in Nigeria barely hours after being named one of Time Magazine’s 100 Most Influential People 2024 According to burna boy "This is my typical day in Nigeria. Worst come to worst my people come first." https://www.youtube.com/watch?v=pMqDH_taTLA |
| Celebrities / Burna Boy Makes List Of Time Magazine’s 100 Most Influential People 2024 by FactsZoneAfrica: 10:49am On Apr 18 |
In a significant nod to his impact on the global stage, Nigerian music sensation Burna Boy has been honored with a spot on TIME's prestigious 2024 list of the 100 Most Influential People.https://africafactszone.com/burna-boy-time-magazines-100-most-influential-people-2024/ 7 Likes 1 Share
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| Celebrities / "You Got An Extra Verse For Me? Call Me,” Rihanna Teases Ayra Starr, Tems by FactsZoneAfrica: 10:04am On Apr 18 |
In a surprising and delightful turn of events, global pop icon Rihanna has sparked waves of anticipation across social media platforms with her interest in collaborating with Nigerian superstars Ayra Starr and Tems.https://africafactszone.com/rihanna-teases-ayra-starr-tems-collaboration/ 9 Likes 2 Shares
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| Politics / VIDEO: Tunde Onakoya In Times Square For Chess Guinness World Record Attempt by FactsZoneAfrica: 5:18pm On Apr 17 |
In the bustling heart of New York City, Times Square is witnessing a remarkable test of endurance and skill. Tunde Onakoya, a celebrated chess prodigy is attempting to etch his name in the annals of the Guinness World Records. His goal? To play chess continuously for an astonishing 58 hours without a single defeat. If successful, Tunde Onakoya’s record will stand as a monumental achievement in the chess world Watch Video Here: https://africafactszone.com/tunde-onakoya-in-times-square-for-chess-guinness-world-record/
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| Travel / Best Beach Resorts In Morocco For Your Vacation Stay by FactsZoneAfrica: 11:19am On Apr 16 |
Morocco's coastline is a paradise that offers more than just golden sands and soothing waves; it's a destination where luxury meets adventure. From the thrill of surfing on wild shores to the tranquility of secluded bays, Morocco’s beach resorts provide the perfect escape for every type of traveler. Whether you're looking to unwind, catch some waves, or immerse yourself in luxury, there's a Moroccan beach resort waiting to transform your holiday into an unforgettable experience. Why Choose Morocco for Your Beach Holiday? Morocco's diverse coastline is renowned for its beautiful, versatile beaches that cater to both relaxation seekers and adventure enthusiasts. The country's unique geographic and climatic conditions make it ideal for a variety of beach activities, including world-class surfing. Exploring the Top Beach Resorts in Morocco See Here: https://africafactszone.com/morocco-beach-resorts/ |
| Business / The Top 10 Billionaires In Africa Of Q1 2024 by FactsZoneAfrica: 9:39am On Apr 16 |
Africa's economic landscape is as diverse as its cultural tapestry, marked by fluctuating fortunes and varying levels of financial prosperity across the continent. In the first quarter of 2024, the fortunes of Africa's billionaires have reflected this dynamic environment, with significant shifts in their net worth driven by global market trends, local economic policies, and individual business strategies. The Billionaire Index: Tracking Changes Forbes' Real-Time Billionaires ranking provides a daily update on the fortunes of the world’s wealthiest, offering insights into the economic movements that affect these titans of industry. From the beginning of the year to the end of the first quarter, there have been noteworthy changes: Aliko Dangote saw his wealth surge from $9.5 billion to $15.1 billion, bolstered by Nigeria's booming cement and sugar sectors. Johann Rupert & Family experienced growth, albeit at a slower rate, ending the quarter with $11.2 billion. Issad Rebrab & Family faced setbacks, dropping out of the top 10 list, underscoring the volatile nature of wealth based on market and regional economic conditions. Mike Adenuga climbed impressively from tenth to sixth richest, with his net worth jumping to $6.9 billion due to successful ventures in telecom and oil. Detailed Look: The 10 Richest People in Africa as of Q1 2024 Continue Reading: https://africafactszone.com/top-10-billionaires-in-africa-of-q1-2024/ |
| Politics / Top 10 African Billionaires In Forbes' 2024 Global Ranking by FactsZoneAfrica: 5:37pm On Apr 15 |
In the world of global finance and business, the African continent continues to make its mark with an impressive lineup of billionaires. The 2024 Forbes World’s Billionaires List not only highlights these influential figures but also offers insight into the dynamics of wealth and power across Africa. Forbes' meticulous annual roundup—now in its 38th year—draws from real-time data, including stock prices and exchange rates as of March 8, 2024, to compile the definitive list of the world's wealthiest individuals. This year, the list has expanded, featuring an unprecedented 2,781 billionaires. Let's dive into the lives of the top 10 African billionaires who are shaping industries and altering economic landscapes. See List Here: https://africafactszone.com/african-billionaires-in-forbes-2024/ |
| Politics / Re: Forbes 30 Under 30 Africa Class Of 2024: Celebrating A Decade Of Innovation by FactsZoneAfrica: 5:35pm On Apr 15 |
Check Fireboy DML is there Stanleymaster1: |
| Politics / Forbes 30 Under 30 Africa Class Of 2024: Celebrating A Decade Of Innovation by FactsZoneAfrica: 4:42pm On Apr 15 |
As the sun rises on a new decade of Forbes' influential 30 Under 30 lists, the 2024 edition shines a spotlight on a remarkable group of young visionaries. These individuals are not only shaping the future of Africa but are also making significant marks on the global stage. In its 10th year, the Forbes 30 Under 30 Africa Class of 2024 embodies the spirit of innovation, social impact, and entrepreneurial drive that is catapulting the continent into a new era of growth and development. The Power of Youth: Africa's Demographic Advantage Africa stands as the youngest continent in the world—an asset that could potentially reshape not only its own destiny but also influence global economic trends. According to the United Nations, 70% of Sub-Saharan Africa's population is under the age of 30, with projections suggesting that more than a third of the world's youth will reside in Africa by 2050. This youthful energy is a powerful catalyst for change, driving innovation and pushing boundaries in various sectors. Continue Reading & See List Here: https://africafactszone.com/forbes-30-under-30-africa-class-of-2024/
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| Politics / Today In History, 14th April: Key Historical Events On April 14th by FactsZoneAfrica: 10:33pm On Apr 14 |
April 14th stands as a day rich with history, marked by events that have shaped the world in various ways. From tragic losses and groundbreaking achievements to monumental declarations, today provides a panoramic view of the past's complexity. Let's dive into some of the most notable events that have occurred on this day throughout history. Key Historical Events on April 14th in Africa Today in History, 14th April, 2019 Seychelles President Danny Faure becomes the first President to give an address while underwater. He advocates for protections for the world’s oceans in a speech broadcast from a British research submersible beneath the sea off one of Seychelles’ islands. Today in History, 14th April, 1830 The West African Kingdom of Dahomey is so successful at enslaving people captured during its many military conquests that a “slaving port” is established on the Gulf of Guinea for the convenience of slave ships. In the Fon language, the town is named Kutonou (Cotonou), meaning “by the river of death.” The port will become the capital of Benin Republic. Continue Reading Here: https://africafactszone.com/today-in-history-14th-april/
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