Tag: Business News

Africa’s Skies at a Crossroads: Boeing Holds Ground as Airbus Rises

Africa’s aviation landscape is entering a new chapter. For decades, American aerospace giant Boeing has enjoyed a dominant position across the continent, supplying roughly...

Nigeria to Launch $800 Million Chinese-Funded Lithium Processing Plants, Boosting Domestic Industrial Growth

Nigeria is set to inaugurate two major lithium processing plants in 2025, backed predominantly by Chinese investment, marking a strategic shift from raw mineral...

Egypt and South Africa Lead Africa’s Smartphone Market Growth as Nigeria Faces Challenges in Q1 2025

Africa’s smartphone market demonstrated continued momentum in the first quarter of 2025, with total shipments reaching 19.4 million units, a 6% year-on-year increase marking...

Rwanda Set to Host Prestigious ‘100 Most Notable Africans’ Leadership and Business Summit 2025

Rwanda will host the highly anticipated 100 Most Notable Africans Leadership and Business Summit from July 4 to 6, 2025, at the Kigali Marriott...

Nigeria Partners with China’s BAIC to Pioneer Battery Swap Technology in Clean Energy Push

In a bold step towards accelerating Nigeria’s clean energy agenda, the Federal Government has entered discussions with Chinese automotive giant BAIC Motor Corporation Limited...

ECOWAS at 50: Regional Bloc Reaffirms Economic and Political Commitment at Lagos Jubilee

In a historic return to its birthplace, the Economic Community of West African States (ECOWAS) marked its 50th anniversary in Lagos on May 28,...

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