Business Africa

Morocco and Portugal are considering a proposed undersea highway...

Business Africa

Nigerian stocks surge nearly 4%, extending 2026 rally beyond 50%

Nigerian Exchange Limited equities jumped close to 4% in...

Business Africa

Google Cloud outpaces rivals as AI demand drives Big Tech earnings beat

Google has reported stronger-than-expected growth in its cloud division,...

Business Africa

AFC mobilises global lenders including Citi to finance Lobito corridor project

Africa Finance Corporation is lining up a consortium of...

Business Africa

South Sudan to end Oranto Petroleum’s Block B3 licence in sector reset

South Sudan has said it will not renew the...

Business Guide

How the Forex Market Impacts Businesses: What Every Entrepreneur Should Know

The foreign exchange market is not just a platform for currency speculators and traders business outcomes are significantly determined by it. From online freelancers...

Business Africa

US–Nigeria Bilateral Trade Reaches $13 Billion Amid Strengthened Economic Ties

Photo Credit: Daily Post

Business Africa

Aradel and Wema Bank Join NGX 30 Index as Conoil and Julius Berger Exit in H1 2025 Review

The Nigerian Exchange Limited (NGX) has announced changes to its NGX 30 Index following the completion of the semi-annual rebalancing exercise. Effective July 1,...

Business Africa

Afreximbank Appoints George Elombi as President to Sustain Strategic Growth

Photo credit: Afreximbank

Business Africa

EBID Approves Major Investment Package to Accelerate Economic Development in West Africa

The ECOWAS Bank for Investment and Development (EBID) has approved a new investment package totaling €174 million and US$125 million, aimed at strengthening infrastructure,...

Business Africa

Casablanca Stock Exchange Rallies on 2030 World Cup Momentum

The Casablanca Stock Exchange is experiencing sustained growth in 2025, supported by investor confidence linked to Morocco’s co-hosting of the 2030 FIFA World Cup...

Business Africa

Egypt’s New Administrative Capital Moves Forward Amid Economic and Social Concerns

Egypt’s New Administrative Capital (NAC), located approximately 45 kilometers east of Cairo, is advancing as one of the country’s most ambitious infrastructure undertakings in...

Business Africa

Kenya’s Economy Expands by 4.9% in Q1 2025

Kenya’s gross domestic product (GDP) expanded by 4.9% in the first quarter of 2025, maintaining the same growth rate recorded during the corresponding period...

Business Africa

AfDB and AIIB Renew Partnership to Advance Sustainable Economic Development in Africa

The African Development Bank (AfDB) and the Asian Infrastructure Investment Bank (AIIB) have formalized the renewal of their partnership through a new Memorandum of...

Business Africa

Pump Prices Remain High as Marketers Hold Back on Dangote’s Petrol Price Reduction

Despite a significant cut in ex-depot petrol prices by Dangote Petroleum Refinery, fuel marketers across Nigeria have largely retained high pump prices. The refinery...

Business Africa

AfroExchange by Johnnie Walker Connects Lagos and Johannesburg in a Pan-African Cultural Journey

AfroExchange, a dynamic cultural initiative by Johnnie Walker, has officially launched, establishing a creative bridge between Lagos and Johannesburg. With both cities playing host...

Business Guide