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Business Africa

Lease Controversy Rocks Rivers Port Terminal Concession

A growing controversy has engulfed the concession of Terminal B at the Rivers Port in Port Harcourt, as federal lawmakers and regulators intensify investigations...

Fortuna Mining Acquires Strategic Stake in Awalé Resources, Strengthening West African Exploration Position

In a bold move to deepen its footprint in West Africa, Fortuna Mining Corp. (TSX: FVI; NYSE: FSM) has acquired a 15% equity stake...

Nigeria to Host Inaugural International Civil Service Conference, Aiming to Drive Public Sector Innovation

Nigeria is set to host the maiden edition of the International Civil Service Conference from June 25 to 27, 2025, in Abuja, in what...

ECOWAS Delegation Departs Guinea-Bissau Amidst Expulsion Threat

A delegation from the Economic Community of West African States (ECOWAS) has departed Guinea-Bissau, cutting short its mission following a direct threat of expulsion...

Diaspora Innovation: African Returnees Fueling the Startup Ecosystem

Africa is feeling a high wave of innovation, and it's from some of its best resources: its people. All over the globe, African professionals...

Remote Work & Nomad Visas: Tapping Into Africa’s Global Workforce Potential

Africa is emerging as a new frontier for the community of digital nomads—and shrewd business leaders are taking note. With initiatives like Kenya's newly...

Oando Plc Reports Robust FY 2024 Results, Reaffirming Leadership in Nigeria’s Energy Sector

Oando Plc has released its full-year 2024 financial results, showcasing a strong rebound in earnings and operational performance that signals renewed confidence in Nigeria’s...

US Sees Rwandan Troop Withdrawal as Key to Congo Peace and Investment Unlock

The United States considers the withdrawal of Rwandan troops from eastern Democratic Republic of Congo (DRC) as the fundamental condition for achieving a lasting...

Ethiopia Forecasts Faster Economic Growth for Next Fiscal Year

Ethiopia's economy is projected to achieve a faster growth rate in the upcoming fiscal year, according to recent statements from the nation's finance minister. This...

Steel Xperts Finishes Major Work on South Africa’s Redstone Tower CSP Project

Steel Xperts, a black woman-owned and managed South African company specializing in steel fabrication and installation, has successfully completed its significant contribution to the...

South African Rand Holds Steady Amid Pivotal Global and Domestic Economic Cues

The South African rand is demonstrating a notable degree of stability as global financial markets keenly anticipate the outcome of crucial trade negotiations between...

African Union Agency Slams Fitch’s ‘Flawed’ Afreximbank Downgrade

The African Peer Review Mechanism (APRM), a specialized agency of the African Union, has strongly criticized Fitch Ratings' recent downgrade of the African Export-Import...
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