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Business Africa

Black Market Targets Guinness World Record With Star-Studded Nollywood Cast

Leading Nollywood actors Lateef Adedimeji and Linda Ejiofor-Suleiman will headline Black Market, a new feature film from Rixel Studios, as the producers prepare to...

UK Prime Minister Recreates Bus Aunty Bemi’s Signature Videos to Launch £2 Bus Fare Cap

The United Kingdom’s Prime Minister, Andy Burnham, has teamed up with Nigerian-born content creator Bus Aunty Bemi to announce a nationwide £2 cap on...

Trump Expands Africa Strategy With $500 Million Critical Minerals Investment Initiative

The United States has unveiled a $500 million investment initiative aimed at strengthening access to Africa’s critical minerals, marking the first dedicated funding commitment...

Tanzania Weighs Eurobond to Meet $1 Billion External Borrowing Target

Tanzania is considering issuing its first Eurobond as part of plans to raise approximately $1 billion in external financing for the 2026/27 fiscal year,...

Ghana Maintains 2026 Economic Targets After Strong First-Half Fiscal Performance

Ghana has reaffirmed its key economic targets for 2026 after posting stronger-than-expected fiscal and economic performance during the first half of the year. According...

AI and Cloud Demand Drive Nokia’s Strong Second-Quarter Sales Growth

Nokia has reported stronger-than-expected second-quarter results, with surging demand from artificial intelligence (AI) and cloud infrastructure customers driving significant sales growth and prompting the...

Team Nigeria Wins Gold at 2026 Spelling Bee World Cup in China

Nigeria has recorded a landmark achievement in global education after Team Nigeria won the Gold Award in the Middle School Group Category at the...

Ethio Telecom Earnings Jump 47.5% to 92.9 Billion Birr on Subscriber Growth

Ethio Telecom, Ethiopia’s state-owned telecommunications operator, has reported a 47.5% increase in earnings before interest and taxes (EBIT) to 92.9 billion birr ($581.3 million)...

How Olanrewaju Alaka Turned TWN Circle’s ‘Beyond Talent’ Into a Masterclass in Brand Positioning

On Friday, 3rd July 2026, Talented Women Network Africa, founded by Dr Amarachi Chinweoke Okuwobi, held the inaugural gathering of TWN Circle at the...

Chanel Appoints Veteran Spirits Executive Hélène de Tissot as Chief Financial Officer

Chanel has appointed Hélène de Tissot, a veteran finance executive from global spirits company Pernod Ricard, as its new Chief Financial Officer (CFO), strengthening...

African Rainbow Minerals Approves Bokoni Platinum Expansion and Nkomati Nickel Mine Restart

African Rainbow Minerals (ARM) has approved a 15.2 billion rand ($927 million) phased expansion of its Bokoni platinum group metals (PGM) operation and the...

Samsung Unveils Premium Foldable Smartphones With Higher Prices Amid AI Push

Samsung Electronics has launched a new generation of premium foldable smartphones with higher price tags, reinforcing its leadership in the foldable device market as...
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