Tag: Business News
Business Africa
Rwanda Plans Up to $6 Billion Investment in Nuclear Power as Kagame Targets High-Income Economy by 2050
Rwanda is preparing to invest between $5 billion and $6 billion in nuclear power as part of a long-term strategy to secure reliable electricity...
Business Africa
Kenya, Rwanda Central Banks Launch Cross-Border Payment Access for Fintechs
The Central Bank of Kenya and the National Bank of Rwanda have signed a new agreement to enable cross-border payment access for fintech companies...
Business Africa
Zimbabwe Seeks Global Investors to Back $200 Million Satellite Project
The government of Zimbabwe is seeking international investors to help finance a $200 million telecommunications satellite project aimed at strengthening the country’s digital infrastructure...
Business Africa
Mauritania Secures $1 Billion Islamic Trade Finance Deal to Boost Energy Imports and SMEs
The government of Mauritania has secured a $1 billion trade finance agreement with the International Islamic Trade Finance Corporation (ITFC), a member of the...
Business Africa
South Africa Records First Current Account Surplus in Over Two Years in Q4
South Africa recorded its first current account surplus in more than two years in the fourth quarter of 2025, supported by stronger export earnings...
Business Africa
French Automakers Partner with Dangote to Reboot Nigeria’s Vehicle Production, Targeting 44,000 Units a Year
French automobile manufacturers are returning to Nigeria through strategic partnerships with Dangote Group and other local firms to revive domestic vehicle production and boost...
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In the narrative of Africa’s development, literacy remains a...