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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!

Nigerian Parliement Allocates $200 Million to Counter US Aid Cuts

Nigeria’s parliament has approved an additional $200 million for the health sector in its 2025 budget to make up for…

WIC Forum: Africa-Turkey Trade Partnership Reaches $37 Billion

The 12th edition of the World Industry Forum (WIC Forum), held in Istanbul on February 12-13, highlighted the growing trade…

UNCTAD: Africa’s Trade Pact Can Strengthen Regional Economies

The United Nations Conference on Trade and Development (UNCTAD) has emphasized that boosting intra-African trade, implementing macroeconomic reforms, and leveraging…

Egypt and South Korea Launch $9M Emergency Medical Project and Joint Vaccine Facility

Egypt and South Korea have taken major steps to strengthen their healthcare partnership. Khaled Abdel Ghaffar, Egypt’s Deputy Prime Minister…

Senegal Refines First Domestic Oil, Paving the Way for Economic Transformation

Senegal has achieved a major milestone in its energy journey, successfully refining its first batch of domestically produced crude oil.…

Senegal Seeks New IMF Programme Amid Financial Discrepancies and Investigation

Senegal is pushing to secure a new deal with the International Monetary Fund (IMF) by June. This comes after an…

Côte d’Ivoire, Sharjah Strengthen Trade Ties, Boost Investments, and Enhance Cooperation

In a significant move to strengthen economic and trade relations, a high-level diplomatic delegation from Côte d’Ivoire recently visited the…

Zambia’s Tourism Booms in 2024, Sets Bold Goals for 2025

Zambia’s tourism sector saw impressive growth in 2024, with international tourist arrivals jumping to 2,199,820, up from 1,392,153 in 2023.…

RwandAir Changes Flight Routes After DR Congo Blocks Rwandan Flights

RwandAir announced on Wednesday, February 12, that it has adjusted its flight routes following the Democratic Republic of Congo’s (DRC)…

Rwanda and Qatar Strengthen Ties with Mutual Visa Waiver and Aviation Partnership

In a major step to boost ties, Rwanda and Qatar have agreed to a mutual visa waiver, allowing Rwandan passport…

Malawi Immediately Bans Mineral Exports

The Malawi government has announced that it is immediately suspending all mineral exports as part of efforts to reform the…

Business Travel to Nigeria: Opportunities & Safety Advices

Nigeria, Africa’s largest economy and most populous country, offers vast opportunities for business travelers. With a thriving market, abundant natural…

Nigeria and UAE Strengthen Aviation Ties with Updated Agreement

Nigeria has signed a revised Bilateral Air Service Agreement (BASA) with the United Arab Emirates (UAE) to enhance aviation relations.…

Mali, Barrick Gold Suspend Talks Without Reaching an Agreement

Talks between Mali and Barrick Gold Corp. to resolve a long-running dispute over payments from the country’s largest gold mine…

Gabon Investigates ‘Sabotage’ Behind Major Power Outage

Gabon authorities have begun investigating alleged sabotage after a power outage at a thermal power plant in Libreville, which they…

Ghana President Orders Investigation Into 81,000 Suspicious Ghost Names on Payroll

Ghanaian President John Mahama has launched an investigation into the operations of the National Service Authority (NSA) after at least…

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