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

Cameroon’s $622 Million Kribi Oil Refinery to Begin Operations in 2026, Ahead of Schedule

Cameroon is set to commission its Kribi oil refinery in 2026, almost two years earlier than originally planned, marking a milestone in the country’s...

Business Africa

South Africa’s Platreef Mine Produces First Concentrate, Marking Major Project Milestone

South Africa’s Platreef Mine has produced its first concentrate, marking a significant step forward for one of the world’s largest precious metals projects and...

Business Africa

Uganda’s Museveni Seeks Seventh Term, Extending Four-Decade Grip on Power

Uganda’s President Yoweri Museveni has confirmed he will seek a seventh term in office, a move that could extend his leadership beyond four decades...

Business Africa

Ghana Clears $1.47 Billion in Energy Sector Debts to Restore Power Stability

Ghana has cleared $1.47 billion in outstanding energy sector debts, a move the government says is aimed at restoring stability, strengthening investor confidence and...

Business Africa

Flowers Bloom on Cocoa Trees Ahead of Ivory Coast’s Mid-Crop Season

Cocoa trees across Ivory Coast are showing healthy flowering ahead of the country’s mid crop season, raising cautious optimism for output prospects in the...

Business Africa

Morocco Targets $10 Billion AI Contribution to GDP by 2030

Morocco has set an ambitious goal to generate $10 billion in economic value from artificial intelligence by 2030, positioning AI as a central pillar...

Business Africa

FG Commissions ₦40 Billion CCTV Control Centre on Third Mainland Bridge to Boost Safety

The Federal Government of Nigeria has officially inaugurated a ₦40 billion CCTV control centre on the Third Mainland Bridge in Lagos, reinforcing surveillance and safety...

Business Africa

Jux, Yemi Alade and Others Celebrate Wins at 9th AFRIMA Awards

Africa’s top music stars were honoured at the 9th All Africa Music Awards (AFRIMA), held in Lagos, Nigeria, spotlighting excellence across the continent’s music...

Business Africa

Morocco and Egypt Set New Tourism Records as Africa’s Most-Visited Countries

Morocco and Egypt recorded historic highs in international tourist arrivals in 2025, reinforcing their positions as Africa’s leading travel destinations and underscoring tourism’s growing...

Business Africa

France Moves to Reclaim African Market Share as Macron Unveils New Economic Strategy

France is stepping up efforts to regain lost ground in African markets as President Emmanuel Macron orders a renewed push to deepen trade and...

Business Africa

Standard Chartered Deepens Commitment to Nigeria, Meets CBN’s ₦200 Billion Capital Requirement

Standard Chartered Bank Nigeria Limited has confirmed full compliance with the Central Bank of Nigeria’s ₦200 billion minimum capital requirement, achieving the threshold well...

Business Africa

China Reaffirms Support for Somalia After Top Diplomat Postpones Visit

China has reiterated its support for Somalia’s sovereignty and territorial integrity after postponing a planned visit by Foreign Minister Wang Yi, a trip that...

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