Business Africa

World News

Nigeria Presides Over Key UN Elections as Jimoh Ibrahim Leads Fifth Committee Proceedings

Nigeria has taken a prominent role in the United...

World News

Trump Names Stephen Miller Chief of Staff After Midterm Rout

US President Donald Trump has appointed longtime adviser Stephen...

Business Africa

Zambia Targets 4.9% Economic Growth and Smaller Budget Deficit in 2027

Zambia is targeting economic growth of 4.9% in 2027...

Business Africa

China and Gabon Elevate Relations, Deepen Mining and Security Cooperation

China and Gabon have elevated their bilateral relationship to...

Finance

Fola Aiyesimoju’s UAC Stake Nearly Doubles to $10.8 Million as Shares Rally

Nigerian investment dealmaker and UAC of Nigeria Group Managing...

Business Africa

Dangote Advances Gas Transport Network to Tackle Nigeria’s Energy Bottlenecks

Africa’s richest man, Aliko Dangote, is quietly developing a large-scale gas transportation network aimed at moving natural gas from the Niger Delta to industrial...

Business Africa

Rwanda Earns $161.5 Million from Foreign Visitor Travel Services

Rwanda generated about $161.5 million in revenue from travel services purchased by foreign visitors between November 2025 and January 2026, reflecting continued growth in...

Business Africa

Central African Republic Seeks Russian Support to Strengthen Energy Sector

The government of the Central African Republic has requested assistance from Russia to help address persistent energy shortages, following discussions between President Faustin‑Archange Touadéra...

Business Africa

Angola Secures World Bank and MIGA Guarantees for Debt-for-Education Swap

The government of Angola has secured financial guarantees from the World Bank and its insurance arm, the Multilateral Investment Guarantee Agency (MIGA), to support...

Business Guide

Rebranding a Business Without Losing Customer Trust

As businesses grow and markets evolve, rebranding can become necessary. Companies may update their brand to reflect new services, reach a different audience, modernize...

Business Africa

African Rainbow Minerals Half-Year Profit Rises 10 Percent on Stronger Platinum Prices

South African mining group African Rainbow Minerals reported a 10 percent rise in half-year profit, supported by stronger prices for platinum group metals, as...

Business Africa

China Orders Top Refiners to Halt Diesel and Gasoline Exports

China’s government has instructed the country’s largest oil refiners to suspend exports of diesel and gasoline, prioritizing domestic fuel supply amid disruptions to crude...

Business Africa

CBN Raises Gold Holdings to $3.5 Billion, Strengthening Reserve Strategy

The Central Bank of Nigeria has increased its gold holdings to $3.5 billion, acquiring London Bullion Market Association (LBMA)‑standard gold as part of a strategic...

Business Africa

Tinubu Renews Appointment of Prof. Ayo Omotayo as NIPSS Director-General

Nigeria’s President Bola Ahmed Tinubu has approved the renewal of the appointment of Ayo Omotayo as Director-General of the National Institute for Policy and...

Business Africa

Nigeria Approves Alphanumeric Digital Postcode System to Modernize Addressing

Nigeria’s Federal Executive Council has approved the rollout of a GIS-enabled alphanumeric digital postcode system designed to modernize the country’s national addressing framework and...

Business Africa

Kenya Pipeline IPO Oversubscribed at 105.7 Percent, Finance Minister Says

The initial public offering of Kenya Pipeline Company was oversubscribed by 105.7 percent, reflecting strong investor demand for the state-owned energy infrastructure firm, Kenya’s...

Business Africa

South African Financiers Develop $122 Million Water Conservation Bond

Financial institutions in South Africa are structuring a 2 billion rand ($122 million) water conservation bond aimed at funding ecological restoration projects to protect...

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