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Business Africa

Microsoft Nominates Irish billionaire John Collison to Board as Two Directors Step Down

Microsoft has nominated Irish billionaire John Collison, co-founder and...

Ibrahim Mahama’s E&P Pursues $740 Million Claim Against Gold Fields in Ghana

Ghanaian businessman Ibrahim Mahama’s mining company, Engineers & Planners...

Nollywood Mourns Veteran Actor Francis Duru at 57

Veteran Nollywood actor Francis Duru has died at the...

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Foreign investors have withdrawn $3.7 billion from South Africa’s equity market since October 2024, marking the country’s longest capital outflow streak in over five...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

Africa’s Impact Investor Moment: From ESG to Real-World Change

Where ESG was once the benchmark of socially responsible investing, Africa's rich are now leading a shift towards something more tangible—impact. Unlike ESG screens, which are often checklist exercises, true impact investing places purpose and measurable change at the center of capital strategy.Globally,...

Niger–Benin Border Standoff Deepens as Trade Collapse Hits Regional Economies

The border dispute between Niger and Benin has escalated into a full-blown trade paralysis, dealing a severe blow to both economies and raising alarm...
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