Nigeria’s Foreign Portfolio Investment (FPI) is projected to soar to a record $20 billion by the end of 2025. This optimistic forecast from CFG Advisory comes even after the nation was labeled a “Country of Particular Concern” by the US administration. While equity investments have slowed, money market instruments and bonds continue to draw investors. The surge is largely attributed to the government’s bold economic reforms, including the removal of fuel subsidies and the unification of exchange rates. These policies have successfully restored macroeconomic stability, strengthened the naira, and led to improved credit ratings. However, CFG warns that addressing security concerns and…
Author: Montage Africa
by Aspire Institute Embarking on an extraordinary journey from Makurdi in Benue State, Nigeria, to the prestigious halls of Princeton University, Aspire Leaders Program alumnus, Godwin Obi, shared an inspiring narrative of resilience, determination, and the transformative power of education in a recent interview. Now a doctoral candidate in the department of Mechanical and Aerospace Engineering working to influence policies that will allow the U.S. and the world to reach net-zero carbon emissions, Obi navigated the challenges of being a first-generation college student with an unwavering belief in inherited potential and the value of education. From working with his father in an automobile shop…
by Aspire Institute Michelle Nagawa, a 25 year old Aspire Leaders Program alum from 2022, studied Surveying Land Information Systems and received a grant from Aspire Institute for a community project within the Katanga slum area in 2023. A first-generation university graduate and the first-born in her family, she has always strived to be an inspiration to her siblings and other young people. “As the first born, you have nothing to fall back on. That has always hit me hard, it still does,” Nagawa admitted. “But the dynamic has always been that I did what had to be done to take…
The death in custody of a prominent Cameroon opposition leader, Anicet Ekane, should be impartially, promptly, and effectively investigated, Human Rights Watch said today. Ekane, 74, the leader of the African Movement for New Independence and Democracy (Mouvement africain pour la nouvelle indépendance et la démocratie, MANIDEM) party, died on December 1, 2025, at the State Defense Secretariat (Secrétariat d’État à la Défense, SED), a detention facility in the capital, Yaoundé. He was detained on October 24 on security charges in the aftermath of the disputed presidential election that confirmed incumbent president Paul Biya, 92, for an eighth term, sparking…
By: Grégoire Danel Fedou Deputy CEO, Advans International Across Africa, agriculture contributes 32% to Africa’s GDP and employs 65% of the labour force on the continent, according to the World Bank. That notwithstanding, the people who drive the sector, smallholder farmers, rural entrepreneurs, and cooperatives, are part of the most financially excluded communities on the continent. Data from the International Telecommunications Union (ITU) shows that in 2024, internet usage in African urban areas reached 57 percent, but only 23 percent in rural areas, creating the largest urban-rural gap in the world. This limited connectivity, along with geographical isolation and low financial literacy, results in…
The country aims to welcome 10 million international visitors by 2026, promoting a strong tourism rebound. Over the past two years, international tourism has regained momentum as the world moves on from the pandemic. Borders have reopened, airlines have reinstated routes, and travelers are once again filling airports, hotels and beaches. In this global recovery, South Africa is re-emerging as one of the continent’s most compelling destinations — a country that blends nature, culture and cuisine into a unique mosaic. But while the rebound is encouraging, it has been slower than that of some regional competitors, revealing both notable gains…
Gates Foundation CEO Mark Suzman says cuts in health funding are driving a preventable rise in child deaths and calls for renewed global investment alongside stronger African leadership. In an in-depth conversation with Teresa Clarke, Executive Editor at Africa.com, Mark Suzman, CEO of the Gates Foundation, issued a clear warning that global health is entering a dangerous new phase, requiring short term and long term interventions. After 25 years of steady gains in child survival, the world is likely to see the first increase in preventable child deaths since the turn of the century. “This year is almost certain to…
The Afro-Brazil Ghana Festival 2025 has officially been scheduled for a momentous change of venue, with the forthcoming celebration set to unfold at the revered Kwame Nkrumah Memorial Park & Museum. This strategic relocation signals a profound recognition of the festival’s increasing prominence on the international cultural calendar, while simultaneously affirming the deep and enduring historical and cultural linkages shared between the nations of Ghana and Brazil. The much-anticipated two-day event is slated to captivate audiences on December 12 and 13, 2025. The preparations for the grand showcase are being meticulously overseen by the principal organizing bodies, which include the esteemed Bigtwins Africa Music & Dance Ensemble and the…
Sokhu Sibiya Across Africa, a new generation of innovators is reshaping how communities access health care, energy, and essential services. This week, the inaugural One World Sustainability Awards from UNIDO placed a powerful spotlight on two standout organizations—Drop Access Limited and WeLight Africa—whose missions reflect the continent’s drive toward inclusive development, sustainable growth, and the scaling of homegrown solutions capable of transforming millions of lives. For Drop Access Limited, the recognition comes at a pivotal moment. The company—renowned for its inventive last-mile cold-chain technologies supporting vaccine delivery and essential medical supplies—is leveraging this milestone to pursue global certification and continental…
Nigerian technology company Jafi Services Limited has launched Alice, described as Africa’s first culturally-grounded, hyper-personalized AI assistant tailored for African users. The rollout positions the firm as a bridge for the continent into the global AI economy. Founded in July 2025, Jafi Services operates from California, with additional offices in Lagos and Abuja. Since its launch, Alice has attracted over 35,000 registered users, gaining approximately 1,000 new sign-ups daily, with a presence in 89 countries and nearly 2,900 African cities. Mmesoma Onyebuchi, Jafi.ai’s Head of Development, emphasized that Alice is more than a conventional chatbot as She’s built specifically…