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...
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.
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...
Burkina Faso Patriotic Fund Raises $828 million in 3 Years, Surpassing Target
Burkina Faso's Patriotic Support Fund mobilized 496.97 billion FCFA ($828 million) between 2023 and 2025, exceeding its 400 billion FCFA...
Afreximbank Commits $2.5 Billion to Dangote Refinery Financing
The African Export-Import Bank (Afreximbank) committed $2.5 billion of a $4 billion senior syndicated term loan for Dangote Petroleum Refinery...
West Africa Takes a New Approach to Tax Reform
A $5.52 million grant agreement signed in early March between the West African Tax Administration Forum (WATAF) and the African...
Ethiopia Draws $13.1 Billion in Investment Deals at Annual Forum
Ethiopia secured $13.1 billion in investment agreements at the conclusion of the "Invest in Ethiopia 2026" Forum in Addis Ababa,...
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...