Economy & Business

The African Development Bank (AfDB) opened a high‑stakes donor conference in London on Monday, aiming to secure $25 billion for its African Development Fund (ADF) — the institution’s concessional window supporting low‑income African…

Lagos, Nigeria — Africa’s most influential industrialist, Aliko Dangote, has escalated a deepening confrontation with Nigeria’s petroleum regulator, warning that unchecked fuel imports are jeopardizing billions in investment meant to secure…

The military‑led governments of Mali, Burkina Faso and Niger have officially launched a new regional investment bank capitalised at 500 billion CFA francs ($895 million), marking one of the most significant financial collaborations among…

South Africa’s inflation outlook is shifting after the government’s decision to adopt a stricter 3% inflation target, a move that immediately lowered expectations among analysts, business leaders and trade unions. A new fourth quarter…

Egypt has signed a first‑phase $200 million agreement with Qatar’s Al Mana Holding to produce sustainable aviation fuel (SAF) using recycled cooking oil in the Suez Canal Economic Zone at Ain Sokhna. The announcement, confirmed by Egypt’s…

Forbes has released its 2025 rankings of the world’s 100 most powerful women, spotlighting leaders who continue to push through global setbacks that have disproportionately affected women. The list arrives during a year when nearly 500,000…

Egypt has begun accepting bids from private companies to manage, operate and develop Hurghada International Airport, the country’s second‑busiest airport and a major gateway to Red Sea tourism. According to a statement from Egypt’s civil…

Uganda and the United States have signed a $2.3 billion bilateral health cooperation agreement that will guide their partnership over the next five years. Announced on Wednesday, the framework falls under the Trump administration’s America…

NBA Africa has announced the five prize-winning startups from the second edition of the NBA Africa Triple-Double Accelerator, supporting a new generation of African entrepreneurs working at the intersection of sports, technology and…

Vodacom Group has taken a decisive step to strengthen its position in East Africa with a multibillion‑rand agreement that would increase its ownership of Safaricom from 35 percent to 55 percent, pending regulatory approval. The deal, valued…