US-Africa Trade Pact Expires Amid Growing Uncertainty
The African Growth and Opportunity Act (AGOA) has expired, marking the end of 25 years of duty-free access to the...
Business, Trade & Economy
Business, Trade & Economy covers the forces driving Africa’s economic transformation. This section includes finance, banking, investment, trade, entrepreneurship, startups, technology, innovation, industry, manufacturing, AfCFTA opportunities and business stories shaping Africa’s growth.
AU: Africa Loses $88 Billion Annually to Illicit Flows
Africa is losing an estimated $88 billion every year due to illicit financial flows, according to a new report by...
Made in Africa Spirit Sets the Tone for Trade
The Intra-African Trade Fair 2025 opened Thursday with a strong call for African nations to turn ambition into action on...
‘Africa Is Watching. The Youth Are Waiting. It Is Time for Action’
“Africa is watching. The youth are waiting. It is time for action,” declared Dr. Sidi Ould Tah on Monday as...
Ethiopia, Dangote Group Sign $2.5B Fertilizer Complex Deal
Ethiopia has signed a $2.5 billion shareholder investment agreement with Nigeria’s Dangote Group to build a massive fertilizer production complex,...
Ghana Battles to Save Cocoa Industry as Production Falls to 20-Year Low
Cocoa production in Ghana has dropped to its lowest level in two decades, prompting the government to acquire 200,000 hectares...
Gabon President Sets 10% Economic Growth Target for 5th Republic
President Brice Clotaire Oligui Nguema announced Saturday that Gabon will target 10% annual economic growth under the Fifth Republic, setting...
Africa50 Tops $1.4 Billion in Assets as Infrastructure Push Expands
Africa50, an African infrastructure fund, said Wednesday it has surpassed $1.4 billion in assets, reflecting rising investor confidence in large-scale...
Nigeria Needs $1.3 Trillion for Industrial Transformation, Minister Says
Nigeria needs at least $1.3 trillion in annual financing to accelerate its industrial transformation and achieve economic sovereignty, the country's...
Ethiopia’s Export Reform Drives Record-Breaking Economic Turnaround
Addis Ababa - Ethiopia earned more than $8.1 billion in export revenue this year, surpassing its target by $3 billion...
Morocco Names First Female Prime Minister after Historic Election
Fatima Ezzahra El Mansouri becomes Morocco’s first female prime minister after PAM wins the most seats, setting up negotiations to...
Kenya Breaks Ground on $16 Billion Dangote Refinery in Lamu
East African country launches construction of a $16 billion Dangote refinery in Lamu, a project officials say will create 60,000...
What Can Africa Achieve Without a Security Council Seat?
Africa’s push for a permanent U.N. Security Council seat remains stalled. Elsewhere, the continent is building leverage through taxes, debt,...
Uganda Casts Wide Net in Talent Hunt Ahead of 2027 AFCON
East African Country is exploring diaspora players with ancestral ties as the Cranes look to broaden their talent pool for...