Dubai Chamber launches Kenya Business Council to boost trade
Bilateral non oil trade reaches over thirteen billion dirhams as Dubai launches Kenya council.
African leaders meet in Luanda to boost the blue economy
Over three hundred policymakers converged to drive the sustainable development of resources.
Africa, Gulf leaders launch historic economic partnership blueprint
Free trade agreements and economic diversification drive the massive new alliance.
Ivory Coast expands its economy and cuts its budget deficit
Ivory Coast strengthens its economy as GDP per capita rises, trade expands and fiscal reforms reduce the national budget deficit.
Egypt accelerates its digital shift with new World Bank alliance
Minister Raafat Hendy met Paschal Donohoe in Cairo to finalize the ambitious digital strategy.
TotalEnergies sponsors Angolan energy conference to show growth
TotalEnergies has become a Platinum Sponsor for the Angola Oil and Gas 2026 Conference to showcase its multi-sector energy investments.
Active mobile subscriptions in Nigeria soar to 188 million lines
Nigeria’s mobile subscriptions reached 188.01 million and broadband connections hit 120.68 million in April following a federal data verification process.
Senegal unites public and private sectors to combat cyber threats
Senegal has launched a collaborative public-private initiative to establish a unified national cyber defense.
Central Bank of Kenya licenses 25 new digital credit providers
Parliament legislation from March 2022 drives the latest expansion of digital credit providers.
Uganda releases 50 billion shillings to fight El Niño weather
Uganda has released 50 billion shillings from its contingency fund to combat severe, El Niño-induced heatwaves that threaten agriculture.
Abuja Steel Mills will build Africa’s largest industrial solar farm
Niger State allocates 500 hectares of land to build a massive solar farm for steel production.
President Xi seals key economic partnership with Namibia
Beijing expands its economic footprint in Africa through a new commodities alliance with Namibia.
China deepens its financial presence in Africa through Angola
Angola now allows commercial banks to use the Chinese yuan for mandatory reserves, deepening Beijing’s financial footprint.
Digital payment shifts fuel Nigeria food service industry boom
A rapid digital payment revolution is transforming Nigeria’s food service industry into a multi-billion-dollar marketplace by eliminating operational bottlenecks.
South African court rejects Pula Group mining case against ARC
Billionaire Patrice Motsepe’s African Rainbow Capital won a major victory in a South African court.
Burkina Faso secures $300 million for new power plant
Turkish developer Aksa Enerji will build a massive 119 megawatt power plant in Burkina Faso.
Algeria revamps energy strategy to attract fresh investment
Algeria is looking to replicate Angola’s successful energy sector reforms, including regulatory decoupling and flexible licensing.
Zimbabwe upgrades lithium labs to protect vital mineral revenues
To stop revenue losses, Zimbabwe is upgrading metallurgical labs to value lithium exports accurately and ensure proper corporate royalties.
South Africa targets illegal online betting sites to protect revenue
South Africa is cracking down on unlicensed foreign betting sites that dominate the market, skip taxes, and risk consumer safety.
Europe deepens financial ties with Egypt through multi-billion aid
The upcoming EU funding tranche aims to help Egypt manage migration pressures and trade disruptions.
Chinese auto takes over SA Nissan plant, adding nearly 3,000 jobs
Chery plans to assemble several vehicle models at the Rosslyn plant while gradually increasing local manufacturing content over time.
Oil prices hold steady as US and Iran pursue peace talks
Crude benchmarks stabilize near post-conflict lows while traders watch fragile Middle East diplomacy.
Africa Finance Corporation yields record-tight pricing on new bond
Record tight pricing highlights the new 500 million dollar Africa Finance Corporation Eurobond sale.
Ethiopia signals changing investment outlook across Africa
Analysts link Ethiopia’s changing economic outlook to wider investment confidence across Africa as investors reassess regional opportunities.
Ethiopia drafts $18 billion plan for nationwide power access
National electrification programme phase three targets universal electricity access renewable expansion and improved grid reliability across Ethiopia.
Angola approves AfCFTA strategy to boost regional trade growth
Government of Angola approves comprehensive AfCFTA action plan to strengthen regional value chains and markets.
IMF signs off on landmark agreement for Ethiopian debt relief
Ethiopia reaches a preliminary deal with key bondholders to restructure its defaulted bond.