Rwanda Secures €45M to Expand Climate-Resilient Irrigation in Drought-Prone East
Rwanda has secured €45.4 million in additional financing to build a climate-resilient irrigation system across 3,073 hectares of agricultural land...
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.
Ethiopian Airlines Named Fastest Growing Airline as Award Streak Continues
ADDIS ABABA Ethiopian Airlines received the Fastest-Growing Airline (Africa) honor at the Athens International Airport 2026 Awards, marking another major...
Kenya, Tanzania Agree to Scrap Non-Tariff Barriers to Boost Trade
Kenya and Tanzania have committed to eliminating all non-tariff barriers by June 30, 2026, as the two governments move to...
Damang Mine Delivers First 110 Kilograms of Gold to Ghana’s National Reserves
Damang Gold Mine sold the entirety of its first production output, approximately 110 kilograms of gold valued at $11.8 million,...
Nigeria Courts Trillions in Global Capital as Tinubu Pitches Paris Investors
Nigeria's President Bola Tinubu held a closed investor meeting in Paris on Tuesday with representatives from some of the world's...
DR Congo Secures $1.25 Billion in Debut Eurobond Amid Reform Momentum
KINSHASA, Democratic Republic of Congo The Democratic Republic of Congo has raised $1.25 billion in its first-ever Eurobond issuance, drawing...
Ethiopia Eyes Double-Digit Growth as Reform Agenda Takes Hold
Ethiopia's economy is growing at 9.2% and is projected to accelerate to 10.2% in the coming year, Prime Minister Abiy...
Côte d’Ivoire Creates Sovereign Development Fund to Finance Long-Term Growth
Côte d'Ivoire has established a sovereign development fund to channel state resources into long-term strategic investments, formalizing a new financing...
West Africa Bank Commits €310M to Guinea’s Simandou 2040 Development Plan
The Economic Community of West African States Bank for Investment and Development, or EBID, has signed a financing agreement with...
Côte d’Ivoire Pushes for More Inclusive, Efficient African Financial System
Côte d’Ivoire Prime Minister Robert Beugré Mambé called for reforms to make Africa’s financial system more inclusive and efficient as...
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...