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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!

South Africa Faces Severe Power Outages as Eskom Battles Unit Failures

South Africa’s state-owned electricity utility Eskom has restored six generating units after implementing the highest level of controlled power outages…

Moroccan PM Attended 2025 International Agricultural Fair in Paris

Moroccan Prime Minister Aziz Akhannouch attended the opening of the 2025 International Agricultural Fair (SIA) in Paris on Saturday. He…

Five Candidates Confirmed for AfDB Presidential Race

The African Development Bank (AfDB) has officially announced the list of candidates vying for the presidency, marking the start of…

Malawi Joins Africa’s Single Air Transport Market, Boosting Continental Integration

Malawi has become the 38th African nation to join the Single African Air Transport Market (SAATM), a major step towards…

Kenyan Tea Exporters Fear Trade Fallout from Sudan Diplomatic Row

Kenya’s tea industry is bracing for potential trade disruptions after Sudan, a key export market, condemned Nairobi’s recent hosting of…

Tanzania Seeks Approval to Import Ethiopian Electricity

Tanzania has requested authorization to import 100 megawatts of electricity from Ethiopia using Kenya’s power grid, pending approval from local…

Uganda: Coffee Farming Provides Economic Hope in Acholi Region

Long-stricken after a 20-year Lord’s Resistance Army (LRA) insurgency, Acholi region remains among the poorest regions in Uganda. Despite significant…

South Africa’s Rand Holds Steady After Budget Delay Sparks Volatility

South Africa’s rand remained stable on Friday after a week of turbulence. The currency weakened when the government postponed its…

Ethiopia: Hilton, Brighton Hotels Sign $67.6M Deal

Hilton and Brighton Hotels and Business Plc. have signed a $67.6 million agreement to develop two DoubleTree by Hilton hotels…

Egypt Army Interested in Russia’s Advanced Air Defense System at IDEX 2025

A high-level Egyptian military delegation attending the IDEX 2025 defense exhibition in the United Arab Emirates showed keen interest in…

Ghana Increases National Daily Minimum Wage by 10% for 2025

The National Tripartite Committee has announced that Ghana will increase the National Daily Minimum Wage by 10 per cent to…

Zimbabwe Coffee Industry Set for Major Expansion

Zimbabwe’s coffee industry is set for significant growth with the launch of the Zimbabwe Barista Throwdown 2025, a nationwide competition…

Nigeria’s Katsina State Deepens Ties with Qatar on Key Sectors

The Qatari government has reaffirmed its commitment to strengthening ties with Katsina State, Nigeria by focusing on key sectors such…

Malawi, Zambia and Mozambique Work to Integrate Customs Systems to Ease Trade

Authorities from Malawi, Mozambique, and Zambia collaborate on integrating their customs systems to facilitate trade by enhancing data sharing and…

Elumelu, Khalifa Foundations Invest in 1,000 African Startups

The Tony Elumelu Foundation (TEF) has entered into a $6 million partnership with the United Arab Emirates’ Khalifa Bin Zayed…

Barrick Gold and Mali Strike Deal to Resolve Mining Dispute, Restart Operations

Canadian mining company Barrick Gold has reached an agreement with the Malian government, ending a nearly two-year dispute over mining…

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