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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...

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...

Kenya Central Bank Cuts Main Lending Rate to 9.75%

Kenya's central bank has cut its benchmark lending rate to 9.75% from 10.00%, marking the sixth consecutive reduction in its monetary policy stance. The...

Ghana Eyes Greater Share of Gold Revenues Amid Bull Market

Ghana, Africa's leading gold producer, is taking significant steps to maximize its revenue from the precious metal, especially amidst a strong global bull market...

Africa Can Self-Fund Infrastructure with Over $4 Trillion in Domestic Assets, Says AFC

Africa holds the financial capacity to drive its own infrastructure transformation, with over $4 trillion in investable domestic capital available on the continent. This...
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