Tag: Business Africa
Business Africa
Nigeria’s Non-Oil Trade Reaches Record $6.1 Billion
Nigeria’s non-oil trade reached a historic high of $6.1 billion in 2025, marking the strongest performance ever recorded for the sector, as the country...
Business Africa
Kenya Launches IPO of State Oil Pipeline Firm, Targeting $825 Million
Kenya has launched the initial public offering of its state-owned Kenya Pipeline Company, seeking to raise about 106.3 billion shillings, or roughly $825 million,...
Business Africa
Dangote Signs $350 Million Deal With Indian Firm EIL to Expand Lagos Refinery
Nigeria’s Dangote Group has inked a $350 million contract with India’s state-owned Engineers India Ltd (EIL) to drive the next phase of expansion at the...
Business Africa
Saudi Arabia Launches Gold Market in Africa, Challenging Dubai’s Longstanding Dominance
Saudi Arabia has established a new gold trading market in Africa, signaling its ambition to become a major hub for the continent’s bullion trade...
Business Africa
Nigeria Emerges as Top Belt and Road Beneficiary With China-Backed $24.6 Billion GRIP Megaproject
Nigeria has emerged as the largest beneficiary of China’s Belt and Road Initiative in 2025, driven by a $24.6 billion construction commitment tied to...
Business Africa
Ethiopia Moves to Take Full Control of Its Currency, Aiming for Long Term Stability
Ethiopia is moving to localise the production of its national currency, the Ethiopian birr, as part of a broader effort to strengthen monetary sovereignty...
Popular articles
Game Changers
Top 100 Voices Changing the Future: Celebrating Africa’s Most Influential Innovators and Entrepreneurs
Africa is entering a defining era, one shaped by...
Top 5
Africa’s Literacy Champions: The Top 5 Nations Leading the Continent’s Educational Ascent
In the narrative of Africa’s development, literacy remains a...
Business Africa
Morocco and Egypt Set New Tourism Records as Africa’s Most-Visited Countries
Morocco and Egypt recorded historic highs in international tourist...