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Business Africa

Business Africa

PayPal Tests Africa Strategy in Nigeria with $100 Million Fund After Shares Slump

PayPal Holdings Inc. is testing its Africa strategy with a $100 million fund aimed at investments, partnerships, and acquisitions in fintech startups, selecting Nigeria...
Business Africa

Tanzania to Sell Gold Reserves to Finance Infrastructure Projects

Tanzania plans to sell part of its gold reserves to help finance major infrastructure projects as external development funding becomes harder to secure, the...
Business Africa

AES Faces First Major Economic Test After ECOWAS Exit as Currency Rumours Hit Setback

The Alliance of Sahel States (AES), formed by Mali, Burkina Faso and Niger following their exit from the Economic Community of West African States...
Business Africa

South Africa’s Auto Sector Is Not Seeking Steep Import Duty Hikes, BMW CEO Says

South Africa’s automotive industry is not calling for sharp increases in vehicle import duties, despite growing concern over rising imports, BMW South Africa’s chief...
Business Africa

Uganda Says It Will Cut Budget Support by 84% in Next Financial Year

Uganda plans to cut external budget support by about 84% in the next financial year starting in July, sharply reducing its reliance on loans...
Business Africa

Morocco to Open Nador West Med Port in Q4 2026

Cred
Business Guide

The Discipline of Choice: Why Great Leaders Decide Less but Decide Better 

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Business Africa

Gabon Powers Up 8.5 MW Gas-Fired Plant as Africa Leans on Gas for Electricity

Credit: globalenergyprize.org
Business Africa

Moody’s Upgrades Kenya’s Rating to ‘B3’ on Improved Buffers That Ease Default Risk

Credit: businessday.ng
Business Africa

South Africa to Unveil Plans to Boost Local Vehicle Production

Credit: reuters.com
Business Africa

Angola Says JPMorgan Debt Extension Included $200 Million Collateral Cut

Credit: coincentral.com
Business Africa

Nigeria’s Niger State to Work with Islamic Development Bank on $163 Million Solar Project

Credit: qiraatafrican.com
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