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Business Africa

Eric Trump Expands Family’s Defence Portfolio With Space-Eyes Investment

Eric Trump has expanded the Trump family’s presence in...

FIFA Abandons World Cup Stake Sale Plan After Global Backlash

FIFA has abandoned its controversial proposal to sell a...

Magaia’s Last Gasp Equaliser Keeps South Africa’s WAFCON Hopes Alive

South Africa kept their 2026 Women’s Africa Cup of...

Marriott Expands Egypt Footprint as Tourism Boom Fuels Hospitality Investment

Marriott International is strengthening its presence in Egypt as the world’s largest hotel company moves to capitalise on rising tourism demand in one of...

Renault Posts Record Sales in Morocco as Africa’s Leading Automotive Hub Strengthens

France’s largest carmaker, Renault Group, has recorded its highest-ever vehicle sales in Morocco during the first half of 2026, underscoring the North African country’s...

Cabo Verde World Cup Hero Vozinha Secures Move to Chilean Giants Colo Colo

Cabo Verde international goalkeeper Vozinha has secured an 18 month contract with Chilean football powerhouse Colo Colo after emerging as one of the standout...

Tinubu Approves Nigerian Army Expansion to 12 Divisions With 28,000 New Recruits

President Bola Tinubu has approved a major expansion of the Nigerian Army from eight to 12 divisions, alongside the recruitment of 28,000 additional personnel,...

AfDB Approves $114 Million Loan to Advance Morocco’s Battery Gigafactory Ambitions

The African Development Bank (AfDB) has approved a €100 million ($114 million) loan to support the development of Africa’s first battery gigafactory in Morocco,...

Ecuador–Canada Trade Deal to Make 99.6% of Exports Tariff-Free

Ecuador and Canada have signed a landmark Free Trade Agreement (FTA) that will allow 99.6% of Ecuador’s exportable goods to enter the Canadian market...

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...
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