Rwanda Positions Kigali Financial Centre as Africa’s Investment Gateway
Rwanda's Kigali International Financial Centre (KIFC) used this week's Inclusive FinTech Forum to advance its case as a preferred structuring...
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.
Experts Urge Domestic Capital Push to Close Africa’s $50 Billion Water Gap
Facing an annual water and sanitation financing gap of up to $50 billion, African development experts are calling for a...
Nigeria Records 4.07% GDP Growth in Q4 2025 as Reforms Boost Key Sectors
Nigeria’s economy grew by 4.07% in the fourth quarter of 2025, reflecting broad-based expansion across key sectors, according to a...
Ghana Reports Fiscal Gains as Debt Falls and Inflation Eases
Ghana recorded stronger fiscal results in 2025, with lower public debt, easing inflation, and improved growth indicators following fiscal consolidation...
Cameroon Cocoa Wins Gold at Global Quality Awards
Cameroon cocoa won gold at the Cacao of Excellence Awards in Amsterdam, reinforcing its standing in premium cocoa markets and...
Africa Business Forum Urges Stronger Investment for Jobs, Innovation
Africa needs stronger mechanisms to channel investment into jobs and innovation, Executive Secretary of the United Nations Economic Commission for...
South Africa Joins Afreximbank, Unlocks $8 Billion Country Program
South Africa has become the 54th member of the African Export-Import Bank, unlocking access to an $8 billion country program...
Nigeria Issues $347 Million in Bonds to Clear Power Sector Debt
Nigeria issued ₦501 billion ($347 million) in bonds to begin settling more than a decade of debt owed to electricity...
Ethiopia Hits Record Wheat Harvest in Bid to Cut Imports
Ethiopia has achieved its largest-ever rain-fed wheat harvest, producing 126.69 million quintals (about 12.7 million metric tons) in the first...
Mahama Urges Long-Term African Capital to Drive Industrial Growth
Ghanaian President John Mahama on Wednesday urged African governments to redirect domestic long-term capital into productive sectors, warning that political...
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...