AfCFTA Marks 7 Years Since Launch, Cites Major Progress Toward Single African Market
ACCRA, Ghana (BG) — The African Continental Free Trade Area (AfCFTA) is marking the seventh anniversary of its founding agreement,...
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.
Ethiopia Plans to Build Africa’s Largest Airport
ADDIS ABABA (BG) — Ethiopia has announced plans to build Africa’s largest airport, aiming to accommodate the country’s growing passenger...
Nigeria’s Private Sector Launches Investment Fund to Boost Agriculture
ABUJA (BG) — Nigeria’s private sector has introduced a new investment fund aimed at transforming the country’s agricultural sector and...
Guinée : Le Premier ministre appelle à une gestion efficace des ressources financières
CONAKRY, Guinée (BG) - Le Premier ministre guinéen, Amadou Oury Bah, a appelé vendredi à une gestion rigoureuse et efficace...
EU-South Africa Summit Seals Historic €4.7 Billion Investment Deal
CAPE TOWN, South Africa (BG) — The eighth EU-South Africa summit, held Thursday in Cape Town, marked a significant milestone...
Institutional, Policy Reforms Key to Boosting Liberia’s Economic Growth
MONROVIA, Liberia (BG) — Institutional and policy reforms are essential for driving sustainable economic growth and development in Liberia, according...
African Union, EU Strengthen Ties with €20M Capacity-Building Agreement
ADDIS ABABA, Ethiopia (BG) – The African Union (AU) and the European Union (EU) have signed a €20 million agreement...
Microsoft Invests Nearly $300M in South Africa to Expand AI, Digital Skills
JOHANNESBURG (BG) — Microsoft has announced an additional ZAR 5.4 billion ($280 million) investment in South Africa, expanding its Artificial...
Mozambique’s Growth Projected to Recover to 3% in 2025, IMF Says
MAPUTO, Mozambique (BG) – Mozambique’s economy is expected to recover in 2025, with growth projected at 3% as social conditions...
South Africa Has a Chance to Revitalize Its Economy, Report Finds
JOHANNESBURG (BG) – South Africa can achieve inclusive economic growth and job creation through targeted reforms, according to a new...
Ethiopia’s First AI Startup Incubation Program Graduates Inaugural Cohort
Six-month incubation program equips entrepreneurs with mentorship, technical support and industry connections to bring AI innovations to market.
Luanda Declaration Pushes African Leaders to Turn Blue Economy Plans into Action
Declaration calls for turning Africa's blue economy strategies into measurable action, backed by financing, stronger institutions and regional cooperation
Nigerian Entrepreneur Raises $7 Million for Hair-Braiding Robot
Harvard MS/MBA graduate Yinka Ogunbiyi founded HaloBraid to ease the time and strain of professional hair braiding.
Dangote Refinery Completes $2.5B Private Equity Placement, Says Funds Will Support Expansion
Company says its private equity offering was 3.7 times oversubscribed, resulting in the issuance of about $2.5 billion in new...