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Business Africa

Nigeria Fashion Week Gains Federal Backing as Government Targets Creative Economy Growth

The Federal Government has reaffirmed its support for Nigeria Fashion Week 2026, strengthening efforts to position fashion as a driver of investment, entrepreneurship and...

Shein Targets August 28 Hong Kong Debut as IPO Tests Investor Appetite

Fast fashion retailer Shein is targeting an August 28 stock market debut in Hong Kong as it moves closer to completing a long delayed...

Lenovo Revenue Surges 22% as AI Demand Sends Shares to Record Highs

Lenovo Group reported its strongest quarterly revenue growth in five years, sending its shares sharply higher as booming demand for artificial intelligence infrastructure and...

CBN Widens Access to Open Market Operations as Nigeria Reworks Liquidity Management

The Central Bank of Nigeria (CBN) has widened access to its Open Market Operations (OMO), allowing a broader group of eligible investors to participate...

Paris Saint-German Retain UEFA Super Cup With 2-1 Win Over Aston Villa

Paris Saint-Germain retained the UEFA Super Cup after defeating Aston Villa 2-1 in Salzburg, Austria, strengthening their status as European champions at the start...

Chawinga Sisters Fire Malawi Into Historic WAFCON Final

Malawi have reached their first ever Women’s Africa Cup of Nations final after defeating Algeria 3 to 1 in the semi final in Rabat,...

Nigeria Weighs Crude Supply Reforms to Unlock Dangote Refinery’s Full Potential

Nigeria is considering reforms to its crude allocation and pricing policies to improve feedstock access for the 650,000 barrel per day Dangote Refinery, Africa’s...

Nigeria Approves Framework to Unlock $50 Billion Deepwater Oil Investment

Nigeria has approved a new regulatory and fiscal framework for deepwater oil and gas projects as President Bola Tinubu’s administration seeks to attract up...

Vodacom Names Khumo Shuenyane as New Chair

South African telecommunications group Vodacom has appointed Khumo Lesego Shuenyane as its next chairman, with the leadership transition scheduled to take effect on July...

Taylor Swift Wedding Dress Fever Puts Bridal Brands on High Alert

Taylor Swift’s closely guarded wedding dress is already influencing the bridal fashion industry, with designers and retailers preparing for a potential surge in demand...

Foxconn Profit Rises 35% as AI Demand Drives Second Quarter Growth

Taiwanese electronics manufacturer Foxconn, formally known as Hon Hai Precision Industry, reported a 35% year on year increase in second quarter net profit to...

FG and USDA Partner to Strengthen Nigeria’s Fisheries and Aquaculture Value Chain

The Federal Government of Nigeria is partnering with the United States Department of Agriculture (USDA) through its Food for Progress Programme to strengthen productivity,...
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