Business Africa

Luxury News

Marriott Expands Egypt Footprint as Tourism Boom Fuels Hospitality Investment

Marriott International is strengthening its presence in Egypt as...

Luxury News

Renault Posts Record Sales in Morocco as Africa’s Leading Automotive Hub Strengthens

France’s largest carmaker, Renault Group, has recorded its highest-ever...

Sports

Cabo Verde World Cup Hero Vozinha Secures Move to Chilean Giants Colo Colo

Cabo Verde international goalkeeper Vozinha has secured an 18...

Business Africa

Tinubu Approves Nigerian Army Expansion to 12 Divisions With 28,000 New Recruits

President Bola Tinubu has approved a major expansion of...

Business Africa

AfDB Approves $114 Million Loan to Advance Morocco’s Battery Gigafactory Ambitions

The African Development Bank (AfDB) has approved a €100...

Business Africa

CBN Intensifies Oversight on Banks Under Regulatory Forbearance

As part of its commitment to preserving financial system stability, the Central Bank of Nigeria (CBN) has announced that commercial banks currently operating under...

Business Africa

KCB Group CEO Paul Russo Tops $1.9 Million in 2024 Executive Pay as Banking Sector Payouts Surge

Paul Russo, Chief Executive Officer of KCB Group, emerged as the highest-paid bank executive in Kenya in 2024, earning KES 250.2 million (approximately $1.9...

Business Africa

Airtel’s SmartCash Partners Leadway Assurance to Simplify Access to Motor Insurance

SmartCash Payment Service Bank, the mobile financial services arm of Airtel Nigeria, has entered into a strategic partnership with Leadway Assurance to provide motorists...

Business Guide

The Invisible Asset: Why Intellectual Property (IP) Is Africa’s Next Wealth Frontier

In today’s economy, the most valuable assets aren’t always tangible. For Africa’s leading entrepreneurs and investors, the next frontier lies in intellectual property—innovations, brands,...

Business Africa

Safaricom’s Ziidi Money Market Fund Faces Scrutiny Over Alleged Anti-Competitive Conduct

Safaricom’s recently launched Ziidi Money Market Fund (MMF) has come under regulatory and public scrutiny following accusations of anti-competitive behavior and potential data privacy...

Business Africa

Namibia Pauses Key Oil Contracts Amid Strategic Shift in Energy Policy

Photo Credit: Getty Image

Business Africa

ECOWAS Urged to Reduce Dependence on Foreign Aid, Focus on Private Sector and Trade Integration

The Economic Community of West African States (ECOWAS) has been urged to accelerate efforts toward economic self-reliance by cutting down on foreign aid dependency...

Business Africa

Ibukun Awosika Leadership Academy Announces Launch of African Marketplace Dubai 2025

The Ibukun Awosika Leadership Academy (IALA) has officially announced the launch of the African Marketplace Dubai 2025, a new platform designed to connect African...

Business Africa

China-Africa Economic and Trade Expo Concludes with $10.3 Billion in New Deals

Photo Credit: Xinhua

Business Africa

Nigeria Hosts Africa’s Largest-Ever UN Tourism Event

Nigeria has successfully hosted the 68th Meeting of the United Nations Tourism Regional Commission for Africa (CAF), marking the largest United Nations tourism event...

Business Africa

Dangote Refinery to Begin Free Nationwide Delivery of Petrol, Diesel in August

In a bold move set to transform Nigeria’s petroleum downstream sector, the Dangote Petroleum Refinery has announced it will begin free nationwide delivery of...

Business Africa