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Business Africa

Nollywood Mourns Veteran Actor Francis Duru at 57

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

FIFA Approves Normalisation Committee to Oversee Nigerian Football Until May 2027

FIFA has approved the establishment of a Normalisation Committee...

Nigeria’s NEC Endorses 90-Day Action Plan to Tackle Cost of Living

Nigeria’s National Economic Council (NEC) has endorsed a 90-day...

PSG Defeat Barcelona 4-2 to Extend Perfect Champions League Start

Paris Saint-Germain strengthened their position among Europe’s leading contenders...

Liverpool Stage Dramatic Comeback to Defeat Villarreal in Seven-Goal Champions League Thriller

Liverpool produced a thrilling comeback at Anfield on Tuesday,...

Mauritius Investment Firm to Acquire 26% Stake in Nigerian E-waste Recycler Hinckley

In a significant boost for Nigeria's burgeoning e-waste recycling sector, uMunthu Investment Company II, a Mauritius-based private equity fund, is set to acquire a...

Zimbabwe to Ban Lithium Concentrate Exports from 2027, Boosting Domestic Value Chain

Zimbabwe is set to implement a sweeping ban on the export of lithium concentrates beginning January 2027, marking a pivotal move in its quest...

CBN Refutes Claims of Extended BDC Recapitalisation Deadline

The Central Bank of Nigeria (CBN) has firmly dismissed circulating reports suggesting that the deadline for Bureau De Change (BDC) operators to meet new...

Unstable Power Supply A Major Roadblock to Nigeria’s Tech Sector Growth, Says NACC Acting DG

Nigeria's aspirations to become a leading hub in the global technology landscape will remain unfulfilled without a consistent and stable power supply, according to...

Nigerian Crude Commands Premium: Bonny Light Edges Brent, New “Obodo” Blend Hits Market

Nigeria's crude oil benchmarks are currently experiencing a favorable market dynamic, with the nation's flagship grade, Bonny Light, trading at a slight premium over...

Ethiopia Leads the Charge as Dangote Cement’s Pan-African Revenue Soars to N1.4 Trillion

Dangote Cement Plc, Africa's largest cement producer, reported a remarkable year in 2024, with its Pan-African operations generating a robust N1.48 trillion in revenue. This...

African Startups Secure $254 Million in May, Egypt Leads Investment Wave

African startups successfully raised a total of $254 million in May 2025, marking a notable month for the continent's burgeoning tech ecosystem with Egypt...

Beyond Borders: How African Entrepreneurs Are Building Offshore Wealth Safely and Strategically

With today's volatile world economy, wealth creation is no longer enough. For legacy-minded investors and Africa's most prominent business leaders, the conversation has moved...

NDIC Begins Long-Awaited Liquidation Dividend Payments to Premier Commercial Bank Creditors, “25 Years After Closure”

In a significant development for Nigeria’s banking sector and its long-term creditors, the Nigeria Deposit Insurance Corporation (NDIC) has officially commenced the payment of...

Ghana Faces Healthcare Crisis as Nationwide Nurses and Midwives Strike Escalates

Ghana’s public healthcare system is under intense strain as thousands of nurses and midwives embark on a nationwide strike, disrupting essential services across the...

How Can African Brands Win Customers Back from Western Giants?

In every one of the great African cities, Nairobi to Accra, high streets and websites echo with the dominance of Western brands. Tech, skincare,...

Aleppo Rising: With Sanctions Lifted, Syrians Dare to Dream Again

After years of silence and shattered stone, Aleppo is beginning to breathe again. Once Syria’s industrial heartbeat and a symbol of cultural splendor, the...
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