The Wall Africa Journal

Browsing: Business

Discover the latest business news and insights from Africa’s thriving economies. Our Business category offers in-depth coverage of market trends, startups, investments, and economic developments across key countries like Somalia, Kenya, Ethiopia, Sudan, and South Africa. Stay informed about regional trade, policy updates, and opportunities shaping the future of African industries. Whether you’re an investor, entrepreneur, or simply curious about Africa’s economic landscape, our expert analysis and up-to-date news will keep you ahead. Explore the dynamic world of African business now!

Burkina Faso Seizes $2.3 Million in Gold Smuggling Operation

Burkina Faso’s customs authorities announced the seizure of 28.6 kilograms (63 pounds) of gold, worth an estimated $2.3 million, in…

UAE Firm Granted Golden License for $850M Solar Project in Egypt

The Egyptian government has granted a UAE-based renewable energy company the prestigious “Golden License” to develop a major solar power…

African Development Bank Approves €139 Million Loan to Youth Employment in Côte d’Ivoire

The African Development Bank Group (AfDB) has approved a €139.68 million loan to support youth employment and entrepreneurship in Côte…

Burkina Faso and Republic of the Congo Bolster Economic Partnership

Burkina Faso and the Republic of the Congo are taking steps to enhance economic cooperation, with a recent high-level meeting…

Mozambique Enhances Security on South African Trade Corridor Amid Protests

Mozambique has announced plans to strengthen security along a crucial trade corridor with South Africa to minimize disruptions caused by…

Barrick Gold Seeks Arbitration in Dispute with Mali Over Key Gold Mine

Canadian mining giant Barrick Gold announced on Wednesday that it has filed an arbitration request with the International Centre for…

Nigerian President Presents 2025 Budget to National Assembly

On December 18, 2024, Nigeria’s President Bola Tinubu presented the 2025 Appropriation Bill, amounting to N47.96 trillion, to a joint…

Ethiopia Partners with DRC to Launch Air Congo

Ethiopian Airlines, Africa’s largest aviation group and a SKYTRAX certified Four Star Global Airline, has announced a significant new partnership…

IMF Warns Mozambique’s Post-Election Unrest and Cyclone to Weaken Economic Growth

Mozambique’s economic growth forecast for 2024 is set to be downgraded from the earlier projection of 4.3%, with the International…

Libya-Italy Flights to Start in January, ITA Airways Announced

ITA Airways, Italy’s national carrier, will introduce flights between Rome and Libya’s Mitiga International Airport starting January 12, the Libyan…

Leading the Charge: South Africa’s Most Promising Startups of 2024

South Africa is rapidly becoming a hub for innovative startups, with a growing number of entrepreneurs leading the charge in…

Ethiopia Approves Law Allowing Entry of Foreign Banks

Ethiopian lawmakers have passed legislation permitting foreign banks to operate subsidiaries in the country, marking a significant shift in the…

Zambia Secures $184 Million from IMF Amid Economic Struggles

Zambia is set to receive a disbursement of $184 million from the International Monetary Fund (IMF) after the lender’s board…

Congo Files Criminal Complaints Against Apple Over Conflict Minerals Supply

The Democratic Republic of Congo (DRC) has launched criminal complaints against tech giant Apple, alleging the company benefits from minerals…

ECOWAS Approves Intergovernmental Agreement for Africa Atlantic Gas Pipeline

On December 16, 2024, the Economic Community of West African States (ECOWAS) approved the intergovernmental agreement for the Nigeria-Morocco gas…

Mali Launches Goulamina Lithium Mine, Strengthening Green Technology

Mali has taken a major step in its economic development with the commissioning of the Goulamina lithium mine, located in…

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