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Business Africa

Marriott Expands Egypt Footprint as Tourism Boom Fuels Hospitality Investment

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

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

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

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

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

MultiChoice Nigeria Loses 1.4 Million Subscribers Amid Sustained DStv Price Hikes

MultiChoice Nigeria has seen a steep drop in its subscriber base, losing over 1.4 million customers in the past two years, as consumers increasingly...

Nigeria’s Export Value Hits ₦20.6 Trillion in Q1 2025, Trade Surplus Widens

Nigeria recorded total exports valued at ₦20.598 trillion in the first quarter of 2025, according to data released by the National Bureau of Statistics...

Omeife: Africa’s First Humanoid Robot Enters the Global Tech Spotlight

Blending artificial intelligence with African cultural expression, Omeife stands tall literally and symbolically as Africa’s first humanoid robot. Created by Nigeria’s Uniccon Group, the six-foot-tall...

FG’s $5 Billion Oil-Backed Loan from Aramco Stalled by Falling Oil Prices and Production Woes

The Federal Government’s proposed $5 billion oil-backed loan from Saudi oil giant Aramco has been significantly delayed, as declining oil prices and underwhelming domestic...

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...
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