Equatorial Guinea Moves Capital from Malabo to Ciudad de la Paz
Equatorial Guinea has officially moved its capital from the island city of Malabo to Ciudad de la Paz, or City...
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.
Rwanda Tops Africa in World Bank Business Ready Rankings
Rwanda ranks as the top-performing economy in Africa for business readiness, according to the World Bank Business Ready 2025 report,...
Nigeria’s Tinubu Hails Economic Growth After 2025 Gains, Tax Reforms
President Bola Tinubu said Nigeria is entering a more robust phase of economic growth in 2026, citing reform gains in...
Diana Orembe Wins Africa’s Business Heroes 2025 Top Prize
Diana Orembe, co-founder of Tanzania-based biotech startup NovFeed, has won the 7th edition of the Africa’s Business Heroes (ABH) Prize...
Nigeria’s Lagos State Bonds See Strong Investor Demand
Robust investor demand for conventional and green notes boosts the state's funding plans
Namibia Repays $750 Million Eurobond, Largest Debt Maturity in Its History
Namibia has fully repaid its $750 million Eurobond issued in 2015, the country’s largest-ever debt maturity, according to a government...
4 African Countries Removed from Global Illicit Finance Watchlist
Four African countries, namely Nigeria, South Africa, Mozambique and Burkina Faso, have been removed from the Financial Action Task Force...
Angola Secures $124M for Youth Jobs and Entrepreneurship Boost
The Government of Angola, in partnership with the African Development Bank and the European Union, has launched the $124 million...
Nigeria Inflation Falls to Three-Year Low as Food Prices Ease
Nigeria’s inflation rate dropped to 18.02% in September, its lowest level in more than three years, as food prices eased...
Ethiopia Lays Foundation for Fertilizer Plant and Oil Refinery
Projects aim to boost Ethiopia’s self-sufficiency in energy and agriculture while fostering unity and global competitiveness.
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...