West African Bank Raises $500 Million to Boost Regional Development
LOME, Togo (BG) — The West African Development Bank (BOAD) has raised $500 million through a sustainable hybrid bond, a...
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.
Les réformes économiques du Bénin stimulent la croissance
Le Bénin affiche une croissance économique soutenue grâce à des réformes et au soutien du FMI.
IMF Chief Praises Ethiopia’s Economic Reforms, Highlights Progress
ADDIS ABABA, Ethiopia (BG)—During her official visit to Addis Ababa on Saturday, International Monetary Fund (IMF) Managing Director Kristalina Georgieva...
Nigeria Finance Minister Backs Private Sector Growth with IFC Support
ABUJA, Nigeria (BG) – Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has reaffirmed the country’s...
Nigerian Finance Minister Endorses Central Bank Reforms
ABUJA, Nigeria (BG) — Nigeria’s Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has endorsed the Central...
African Leaders Call for Deeper Economic Integration, Boost Trade
Trade Liberalization, Industrialization, and Infrastructure Development Take Center Stage at Africa Prosperity Dialogues ACCRA, Ghana (BG) – African leaders reaffirmed...
New Funding Initiative to Boost Stability in the Lake Chad Basin
UNDP Africa unveils two funding mechanisms to support recovery from conflict and displacement MAIDUGURI, Nigeria (BG) – New initiatives have...
Furaha Secures $10M to Expand Loan Program for Africa’s Underprivileged
DAVOS, Switzerland (BG) – SC Ventures, the innovation arm of Standard Chartered, and Yabx Technologies, part of Tech Mahindra, have...
Free Trade Area is a Game-Changer for Africa’s Future
DAVOS, Switzerland (BG) — The African Continental Free Trade Area (AfCFTA) could transform Africa’s economic and social fortunes, unlocking opportunities...
Reforms, Fiscal Discipline Signal Nigeria’s Economic Recovery
ABUJA, Nigeria (BG) -Nigeria's Federal Minister of Finance and Coordinating Minister for the Economy, Wale Edun, presented an outline of...
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...