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Business Africa

Whisul Begins with AI Music to Power Creator Economy Infrastructure

Whisul is part of a growing wave of startups emerging from Africa and other regions focused on the creator economy. Its strategy reflects a broader industry shift toward decentralizing creative production and giving creators more direct control over their tools, audiences, and income streams.

Morocco explores undersea link to Portugal as Africa seeks new trade corridors

Morocco and Portugal are considering a proposed undersea highway...

Nigerian stocks surge nearly 4%, extending 2026 rally beyond 50%

Nigerian Exchange Limited equities jumped close to 4% in...

Google Cloud outpaces rivals as AI demand drives Big Tech earnings beat

Google has reported stronger-than-expected growth in its cloud division,...

China’s DeepSeek Challenges U.S. Tech Giants as Microsoft Expands AI Push in Africa

Chinese artificial intelligence platform DeepSeek is emerging as a strong competitor to U.S. technology leaders as the race to dominate the artificial intelligence market...

Rwanda Plans Up to $6 Billion Investment in Nuclear Power as Kagame Targets High-Income Economy by 2050

Rwanda is preparing to invest between $5 billion and $6 billion in nuclear power as part of a long-term strategy to secure reliable electricity...

Kenya, Rwanda Central Banks Launch Cross-Border Payment Access for Fintechs

The Central Bank of Kenya and the National Bank of Rwanda have signed a new agreement to enable cross-border payment access for fintech companies...

Zimbabwe Seeks Global Investors to Back $200 Million Satellite Project

The government of Zimbabwe is seeking international investors to help finance a $200 million telecommunications satellite project aimed at strengthening the country’s digital infrastructure...

Mauritania Secures $1 Billion Islamic Trade Finance Deal to Boost Energy Imports and SMEs

The government of Mauritania has secured a $1 billion trade finance agreement with the International Islamic Trade Finance Corporation (ITFC), a member of the...

South Africa Records First Current Account Surplus in Over Two Years in Q4

South Africa recorded its first current account surplus in more than two years in the fourth quarter of 2025, supported by stronger export earnings...

Pricing Strategies That Balance Profitability and Customer Value

Setting the right pricing strategy is critical for business growth. Price is too low, and you risk eroding profit margins. Prices are too high, and...

French Automakers Partner with Dangote to Reboot Nigeria’s Vehicle Production, Targeting 44,000 Units a Year

French automobile manufacturers are returning to Nigeria through strategic partnerships with Dangote Group and other local firms to revive domestic vehicle production and boost...

DRC Launches First-Ever Gold Refinery With 500–600 kg Monthly Output

The Democratic Republic of Congo has inaugurated its first gold refinery, marking a significant milestone in boosting local mineral processing, as reported by Business...

Resolute Mining Advances Third African Gold Project in Côte d’Ivoire with 2.2M-Ounce Target

Australia-based miner Resolute Mining has approved the final investment decision (FID) for its Doropo gold project in Côte d’Ivoire, marking the company’s third African...

KCB Group Posts 11% Rise in 2025 Profit on Strong Interest Income

Kenya’s leading lender KCB Group reported an 11 percent increase in net profit for 2025, driven by strong growth in interest income and expansion...

Chevron Sells Stake in Angola’s Block 14 and 14K to Energean for $260 Million

U.S. oil major Chevron has agreed to sell its stake in offshore Block 14 and Block 14K in Angola to London-listed energy company Energean...
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