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Business Africa

West Africa Urged to Reduce Economic Reliance on Former Colonial Powers

Nigeria’s Minister of Foreign Affairs and Chairman of the Economic Community of West African States (ECOWAS) Council of Ministers, Ambassador Yusuf Tuggar, has issued...

Kenya Moves to Regulate Fintech Lending Under Central Bank Oversight

Kenya is rolling out a comprehensive regulatory framework for digital lenders, as the country aims to bring the rapidly growing fintech credit sector under...

ECOWAS Imposes Fresh Sanctions on Mali Amid Prolonged Political Crisis

The Economic Community of West African States (ECOWAS) has imposed a new round of sanctions on Mali in response to the country’s military leadership...

Morocco Moves to Reassess Trade Agreement with Turkey Amid Growing Deficit

Morocco is set to review its free trade agreement with Turkey as the country grapples with a widening trade deficit that reached $3 billion...

Niger Nationalizes French Uranium Mine, Escalating Resource Sovereignty Drive

Niger’s military-led government has officially nationalized the Somair uranium mine, seizing full control from France’s state-backed nuclear giant Orano, which previously held a 63.4%...

Moniepoint Makes Strategic Play in Kenya with Majority Stake in Sumac Microfinance

Nigerian fintech giant Moniepoint Inc. has secured regulatory clearance to acquire a 78% stake in Sumac Microfinance Bank, marking a decisive entry into Kenya’s...

Mastercard Backs Africa’s Push Toward $1.5 Trillion Digital Economy

Mastercard is ramping up its efforts to support Africa’s digital transformation, with a new report projecting the continent’s digital payments market could reach $1.5...

Beyond Product: Why Today’s African Businesses Must Build Ecosystems, Not Just Enterprises

The African market is maturing and so must the mindset of its most ambitious business leaders. In a region where consumer behavior is evolving...

FAO and African Union Accelerate Digital Agriculture Rollout Across Africa

The Food and Agriculture Organization (FAO), in collaboration with the African Union Commission (AUC), has taken a major step toward modernizing Africa’s agricultural sector...

AfDB Launches Mission 300 and Electricity Regulatory Index to Drive Power Access and Reform in Africa

The African Development Bank (AfDB) has unveiled two major initiatives aimed at transforming Africa’s energy landscape: Mission 300, a continent-wide electrification drive, and the...
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Australia-based miner Resolute Mining has approved the final investment...

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