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Business Africa

Business Africa

IMF to Reassess Ghana Programme Targets Amid Cedi Strength

Photo Credit: Britannica
Business Africa

Tanzania Moves to Take Greater Control of Its Gold Sector

Tanzania has joined a growing list of African nations seeking to exert greater control over their gold resources, launching a wide-ranging strategy to boost...
Business Africa

Mali Signs Gold Refining Deal with Russia to Curb Export Revenue Losses

Mali’s transitional government has signed a memorandum of understanding (MoU) with the Russian government to build a large-scale gold refinery in the capital, Bamako....
Business Africa

Durban Makes History: South African Port Hosts Largest-Ever Container Ship

Photo Credit: Hasenpusch
Business Africa

Dangote Refinery Begins Nationwide Fuel Distribution, Marking New Era in Nigeria’s Energy Market

Photo Credit: 21st Century Chronicle
Business Africa

Tesla Establishes First African Subsidiary in Morocco, Signalling Continent-Wide Expansion

Tesla has officially inaugurated its first African subsidiary, "Tesla Morocco," in Casablanca, marking a pivotal step in the electric vehicle giant's strategic global and...
Business Africa

Nigeria Moves Closer to Exiting FATF Grey List, Signals Financial Market Optimism

Nigeria is edging closer to being removed from the Financial Action Task Force (FATF) grey list, a development expected to boost investor confidence and...
Business Africa

ACCI Urges Nigerian Government to Unlock Trillion-Naira Space Economy

The Abuja Chamber of Commerce and Industry (ACCI) has urged the Nigerian government to prioritise investment in the country’s nascent space economy, citing its...
Business Africa

N39bn Abuja ICC Renovation Highlights Fiscal Trade-Offs with Health and Education Sectors

The Nigerian government’s decision to allocate ₦39 billion for the ongoing renovation of the Abuja International Conference Centre (ICC) has sparked scrutiny from public...
Business Africa

UNICEF, CABC Sign Strategic Agreement to Advance Child Welfare in Africa at China-Africa Expo

Photo Credit: UNICEF
Business Africa

World Bank Lifts Nuclear Energy Ban, Unlocking New Opportunities for Africa

The World Bank has lifted its decade-long ban on financing nuclear energy projects, a major policy shift that could significantly alter Africa’s energy investment...
Business Africa

South Africa Suffers $3.7 Billion Equity Outflow as Foreign Investors Retreat

Foreign investors have withdrawn $3.7 billion from South Africa’s equity market since October 2024, marking the country’s longest capital outflow streak in over five...
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