Tag: Business Africa

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,...

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...

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