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Business Africa

Zimbabwe Introduces Landmark Cryptocurrency Framework to Formalize Digital Asset Industry

Zimbabwe has unveiled its first dedicated cryptocurrency regulations, marking...

India and Indonesia Markets Rebound as Policy Measures Restore Investor Confidence

Financial markets in India and Indonesia staged strong recovery...

Starbucks Korea Invests in Nationwide Employee Development and Cultural Awareness Program

Starbucks Korea will temporarily shorten operating hours across its...

Kazakhstan and Firebird Sign $10 Billion AI Infrastructure Deal Backed by Nvidia Technology

Kazakhstan has signed a landmark $10 billion artificial intelligence...

Spielberg’s ‘Disclosure Day’ Debuts Atop North American Box Office

Steven Spielberg’s latest science-fiction thriller, “Disclosure Day,” opened at...

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...

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...

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...

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...

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...

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Foreign investors have withdrawn $3.7 billion from South Africa’s equity market since October 2024, marking the country’s longest capital outflow streak in over five...

Chevron Nigeria Cuts Gas Flaring by 97% in Landmark Emissions Milestone

Chevron Nigeria Limited (CNL), the local subsidiary of Chevron Corporation, has announced a 97% reduction in routine gas flaring across its operations, marking a...

UNICEF, Kano Govt to Immunize 3.9 Million Children in Major Health Infrastructure Push

UNICEF, in collaboration with the Kano State Government, has announced a large-scale immunization campaign targeting 3.9 million children under five across Kano State, Nigeria....

Shell to Add 12 Million Tons of LNG Capacity by 2030, Including Nigeria Expansion

Shell, the world’s largest liquefied natural gas (LNG) trader, has announced plans to expand its global LNG production capacity by up to 12 million...

Kenya Unveils Cautious 2025/26 Budget One Year After Nationwide Protests

Kenya’s government has presented its 2025/26 national budget amid lingering political sensitivities and economic uncertainty, one year after the controversial 2024 Finance Bill sparked...

Family Office Frontier: Africa’s Next-Gen Wealth Strategy

Across Africa, there is a quiet revolution underway that is transforming the way family wealth is managed, grown, and transferred. The next generation of African wealth creators and inheritors does not accept things the way they are. They dream of family offices—not as vaults, but as sources of...
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