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Business Africa

South Africa taps zero-tariff access to China in landmark export breakthrough

South Africa has become the first African nation to export goods to China under a new zero-tariff policy, marking a significant milestone in trade...

Ibrahim Mahama’s Damang mine delivers first gold shipment to Bank of Ghana after takeover

Ibrahim Mahama’s Damang mine has delivered its first 110 kilograms of gold to the Bank of Ghana following the transfer of ownership, marking an...

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 tunnel that would directly connect the two countries, offering Africa an alternative trade route amid...

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

Nigerian Exchange Limited equities jumped close to 4% in a single trading session, pushing year-to-date gains past the 50% mark and reinforcing one of...

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

Google has reported stronger-than-expected growth in its cloud division, outpacing rivals Microsoft and Amazon as surging demand for artificial intelligence services boosts revenue across...

AFC mobilises global lenders including Citi to finance Lobito corridor project

Africa Finance Corporation is lining up a consortium of regional and international lenders, including Citigroup, to finance the strategic Lobito Corridor project, underscoring rising...

South Sudan to end Oranto Petroleum’s Block B3 licence in sector reset

South Sudan has said it will not renew the exploration licence held by Oranto Petroleum for Block B3, signalling a shift in how the...

Gabon to audit public debt after securing $150m World Bank support package

Gabon has announced plans to conduct a comprehensive audit of its public debt following the signing of a $150 million financing agreement with the...

IMF staff deal clears path for $843.9m support package for Ivory Coast

IMF officials said the programme focuses on fiscal consolidation, debt sustainability, and structural reforms aimed at strengthening governance and boosting private sector-led growth.
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