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Business Africa

Ghana Seals Eighth Debt Restructuring Deal With Belgium

Ghana has signed a bilateral debt restructuring agreement with Belgium, marking the eighth creditor deal since the nation’s financial crisis in 2022–2023, according to...

Dangote Advances Gas Transport Network to Tackle Nigeria’s Energy Bottlenecks

Africa’s richest man, Aliko Dangote, is quietly developing a large-scale gas transportation network aimed at moving natural gas from the Niger Delta to industrial...

Rwanda Earns $161.5 Million from Foreign Visitor Travel Services

Rwanda generated about $161.5 million in revenue from travel services purchased by foreign visitors between November 2025 and January 2026, reflecting continued growth in...

Central African Republic Seeks Russian Support to Strengthen Energy Sector

The government of the Central African Republic has requested assistance from Russia to help address persistent energy shortages, following discussions between President Faustin‑Archange Touadéra...

Angola Secures World Bank and MIGA Guarantees for Debt-for-Education Swap

The government of Angola has secured financial guarantees from the World Bank and its insurance arm, the Multilateral Investment Guarantee Agency (MIGA), to support...

Rebranding a Business Without Losing Customer Trust

As businesses grow and markets evolve, rebranding can become necessary. Companies may update their brand to reflect new services, reach a different audience, modernize...

African Rainbow Minerals Half-Year Profit Rises 10 Percent on Stronger Platinum Prices

South African mining group African Rainbow Minerals reported a 10 percent rise in half-year profit, supported by stronger prices for platinum group metals, as...

China Orders Top Refiners to Halt Diesel and Gasoline Exports

China’s government has instructed the country’s largest oil refiners to suspend exports of diesel and gasoline, prioritizing domestic fuel supply amid disruptions to crude...

CBN Raises Gold Holdings to $3.5 Billion, Strengthening Reserve Strategy

The Central Bank of Nigeria has increased its gold holdings to $3.5 billion, acquiring London Bullion Market Association (LBMA)‑standard gold as part of a strategic...

Tinubu Renews Appointment of Prof. Ayo Omotayo as NIPSS Director-General

Nigeria’s President Bola Ahmed Tinubu has approved the renewal of the appointment of Ayo Omotayo as Director-General of the National Institute for Policy and...

Nigeria Approves Alphanumeric Digital Postcode System to Modernize Addressing

Nigeria’s Federal Executive Council has approved the rollout of a GIS-enabled alphanumeric digital postcode system designed to modernize the country’s national addressing framework and...

Kenya Pipeline IPO Oversubscribed at 105.7 Percent, Finance Minister Says

The initial public offering of Kenya Pipeline Company was oversubscribed by 105.7 percent, reflecting strong investor demand for the state-owned energy infrastructure firm, Kenya’s...
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