Tag: Business Africa

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...

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...

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,...

Popular articles