Ethiopia Tops $3 Billion in Annual Coffee Export Revenue for the First Time
Government says record earnings reflect higher production, quality improvements and stronger export performance as coffee remains the country's biggest source...
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.
Kenya Opens Government Debt Market to Global Investors Through Clearstream Link
The link will allow foreign investors to buy and hold Kenyan Treasury securities without opening local custody accounts, potentially increasing...
East Africa Moves to Deepen Cross-Border Financial Integration
African Development Fund backs regional initiative with $9 million grant to strengthen capital markets and payment systems across nine countries
Ghana, Côte d’Ivoire Deepen Cocoa Price Coordination to Shield Farmers from Market Swings
Ghana and Côte d'Ivoire are deepening coordination on cocoa pricing as the world's two largest producers seek to cushion farmers...
Kenyan Fintech WapiPay Secures Canadian License in North American Push
NAIROBI WapiPay, a fintech company founded in Nairobi, Kenya, has expanded into North America after receiving a Money Services Business...
Namibia, Tanzania Seek Stronger Economic Ties Built on Liberation-Era Trust
President Netumbo Nandi-Ndaitwah and Tanzanian President Samia Suluhu Hassan pledged to deepen trade and investment ties, turning liberation-era solidarity into...
Uganda Projects 10.2% Economic Growth as Finance Minister Tables $23 Billion Budget
Oil production, infrastructure investment and agricultural expansion anchor the government’s most ambitious spending plan in decades as Uganda prepares for...
Kenya Launches Benelux Chamber of Commerce, Sets $1 Billion Trade Target by 2030
NAIROBI Kenya launched the Kenya-Benelux Chamber of Commerce in Brussels on Monday, with President William Ruto calling on businesses to...
Uganda Airlines Commits to Fleet Expansion with Boeing Aircraft Order
Uganda's national carrier says the planned acquisition of eight passenger aircraft and two freighters will boost regional and international connectivity...
Heirs Energies’ $750m Financing Wins Global Best Oil and Gas Deal Award
Recognition from EMEA Finance highlights confidence in the company's growth strategy and Africa-led financing solutions supporting field development and growth
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...