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Business Africa

Johnny Drille unveils new album Before The Morning Light

Johnny Drille has released a new album titled Before The Morning Light, marking another major project from one of Nigeria’s leading alternative and soulful...

Nigeria grants pension funds special waiver to back Dangote Refinery IPO

Nigeria’s National Pension Commission has granted pension fund administrators a special regulatory waiver allowing them to invest in the proposed initial public offering of...

Uganda grants operating licence to Starlink in major broadband expansion push

Uganda has granted an operating licence to Starlink, the satellite internet service owned by Elon Musk’s SpaceX, as the country seeks to expand broadband...

Chinese automakers expand rapidly in South Africa as affordability reshapes car market

Chinese automotive brands are rapidly increasing their presence in South Africa as competitive pricing, advanced technology features, and longer warranties attract cost-conscious consumers facing...

S&P upgrades Nigeria’s outlook as reforms strengthen macroeconomic stability

S&P Global Ratings has upgraded Nigeria’s sovereign credit outlook, citing improvements in the country’s macroeconomic profile following a series of fiscal and monetary reforms....

Zambia’s state investment firm targets bigger mining stakes as copper demand rises

Zambia’s state investment company is seeking to expand its ownership stakes in mining assets as the country positions itself to benefit from rising global...

IMF and Ghana reach final review agreement on economic support programme

International Monetary Fund and Ghana have reached a staff-level agreement on the final review of Ghana’s economic support programme, paving the way for the...

Guinness World Records reacts to BBNaija star Queen Mercy Atang’s bread-inspired AMVCA look

Queen Mercy Atang drew major online attention after appearing at the 12th edition of the Africa Magic Viewers’ Choice Awards in a bread-themed outfit...

France and US-backed gas megaprojects drive $5.6bn investment surge into Mozambique

Mozambique has attracted about $5.6 billion in foreign direct investment as major liquefied natural gas projects backed by French and American energy giants accelerate...

Egypt secures $1.5bn financing support as Middle East tensions threaten food security

Egypt has signed a $1.5 billion financing agreement with the International Islamic Trade Finance Corporation to strengthen food and energy security as escalating tensions...

Tinubu and Kagame deepen Nigeria-Rwanda partnership on trade and mobility

Bola Ahmed Tinubu and Paul Kagame have moved to strengthen bilateral relations between Nigeria and Rwanda through expanded cooperation on trade, investment, and cross-border...

China confirms Nigeria as its largest engineering contracting market in Africa

China has confirmed that Nigeria remains its largest engineering contracting market in Africa, underscoring the deepening infrastructure and economic ties between both countries. Chinese...
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