Business Africa

The World Trade Organization (WTO) is encouraging West African nations to prioritize the development of regional value chains and diversify their economies away from...

Business Africa

Zambia Expands Space Ambitions with New Radio Telescope to Track Cosmic Events and Satellites

Zambia has made a significant leap in its space science ambitions with the unveiling of its first Transient Array Radio Telescope (TART), positioning the...

Business Africa

Ethiopia to Begin Trading Under AfCFTA on July 1 Amid Ongoing Foreign Exchange Pressures

Ethiopia will officially commence trading under the African Continental Free Trade Area (AfCFTA) on July 1, 2025, in a significant step toward deepening its...

Business Africa

Rwanda Secures Landmark WASH Loan to Drive Nationwide Water and Sanitation Transformation

Rwanda has taken a bold step in closing its infrastructure financing gap with the launch of its first major Water, Sanitation, and Hygiene (WASH)...

Business Africa

Hemingways Hospitality Expands into Rwanda with Acquisition of Heaven Holdings

Hemingways Hospitality, a leading luxury hospitality group based in Nairobi, has officially entered the Rwandan market with the acquisition of Heaven Holdings, a respected...

Business Africa

Ghana Secures Crucial $2.8 Billion Debt Relief to Reinforce Economic Recovery

Ghana has taken a major step toward stabilizing its economy with the parliamentary approval of a $2.8 billion debt relief package brokered with 25...

Business Africa

Equities Rally as Select SWOOT Stocks Surge and All-Share Index Nears 120,000

The Nigerian stock market maintained its bullish momentum this week, with the All-Share Index (ASI) moving closer to the 120,000-point milestone. This performance was...

Business Africa

Lagos State Digitizes Blood Transfusion Services with Launch of HaemoCentral and LSBTC Website

Lagos State has introduced two new digital platforms, HaemoCentral and an upgraded Lagos State Blood Transfusion Committee (LSBTC) website, to modernize the coordination, safety,...

Business Africa

Cocoa Prices Fall Below $9,000 as Nigeria Moves to Expand Chocolate Production

Cocoa futures have dropped below the $9,000 per ton mark, settling at $8,796 this week amid shifting global market conditions. The decline is attributed...

Business Africa

Dangote Cement Declares N30 Dividend Following Strong FY 2024 Performance

Dangote Cement Plc has announced a final dividend of N30 per share for the financial year ended December 31, 2024, following shareholder approval at...

Business Africa

NERC Transfers Regulatory Oversight of Abia Electricity Market to ASERA

The Nigerian Electricity Regulatory Commission (NERC) has formally transferred regulatory authority over Abia State’s electricity market to the Abia State Electricity Regulatory Authority (ASERA),...

Business Africa

Malala Fund Launches $50 Million Strategy to Advance Girls’ Education, Prioritises Nigeria

The Malala Fund has unveiled a new $50 million global grantmaking strategy aimed at accelerating progress in girls’ education, with Nigeria positioned as a...

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