From Senegal to Somalia and Egypt to South Africa, credit alert notifications from fintech apps such as Western Union or WorldRemit often set the mood for the rest of the day, week or even month. Transfers from workers within the continent and the diaspora to their relatives are often referred to as the ?black tax?, whereby one person?s salary and relative success can become the safety net for a whole extended family. For those sending money, the payments are both a burden and badge of pride. In Nigeria?s economic engine, Lagos, salaried workers surveyed last year said that an average of 20% of their monthly wages went to supporting relatives. In South Africa, where unemployment is above...

Libya is entering a new phase of energy development, defined by renewed investor confidence, stronger international partnerships and a clear focus on moving projects from ambition to execution. This momentum was on full display at the 2026 edition of the Libya Energy Economic Summit (LEES), where high-level engagements with the United States, France, Italy and the United Kingdom underscored growing global appetite to invest in and partner with Libya across upstream, gas and power priorities. Through a series of targeted roundtable discussions, LEES 2026...

Download logo Libyarsquo;s energy sector is rebounding, attracting global investors and signaling a renewed commitment to production expansion, gas monetization and long-term partnerships. At the Libya Energy Economic Summit (LEES) 2026 in Tripoli on Saturday, officials outlined a clear roadmap for growth, reform and regional collaboration. $20 Billion Investment Pipeline Libyarsquo;s oil production reached an average of 1.375 million barrels per day (bpd) in 2025 ndash; the highest in years ndash; and the government aims to reach 2 million bpd by 2030, backed by a $20 billion investment program. ldquo;We witnessed the highest production rate in years, averaging 1.375 million bpd,...

Turkish Foreign Minister Hakan Fidan will meet with his Nigerian counterpart Yusuf Tuggar, who will pay a visit to Tuuml;rkiye on Monday, Turkish diplomatic sources said. During the meetings as part of Tuggar's first visit to Tuuml;rkiye, Fidan is expected to note Nigeriarsquo;s constructive contributions to regional stability, prosperity, and peace in West Africa. The Turkish foreign minister is also expected to address...

Renewed fighting in South Sudan has displaced more than 180,000 people, with witnesses describing indiscriminate use of barrel bombs and civilians fleeing into swamps as the country's fragile peace unravels. The world's youngest country has been beset by war, poverty and massive corruption since it was formed in 2011, but violence is once again on the rise between rival factions, currently focused on Jonglei state north of the capital, Juba. I am stuck, and if worse comes, the only safe place for me to go is the swamps, said Daniel Deng, 35, one of thousands displaced by fighting in Jonglei, speaking to AFP by phone. Stay up to date with the latest news. Follow KT on WhatsApp Channels. He...