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Economy & Business
Nigeria Partners with South Africa to Unlock Mineral Wealth and Diversify Economy
In a landmark move aimed at enhancing regional collaboration and economic diversification, Nigeria and South Africa have signed a Memorandum of Understanding (MoU) to deepen cooperation in the mining sector. The agreement, signed on April…
Ghana Moves to Regulate Crypto Markets with New Framework by September 2025
The Bank of Ghana (BoG) has officially announced plans to regulate cryptocurrencies by the end of September 2025. This marks a significant move to establish a comprehensive legal framework for digital assets and virtual asset service…
Aliko Dangote Joins World Bank Advisory Board, Calls Appointment a “Great Honour”
Africa’s richest man, Aliko Dangote, has been appointed to the World Bank’s Private Sector Investment Advisory Board, a move celebrated across Nigeria, Africa, and the global business community. Reacting to the announcement, Dangote…
South Africa Tops Africa’s GDP List, Overtaking Egypt in 2025
In a major shift on the African economic landscape, South Africa has reclaimed its position as the continent’s largest economy, surpassing Egypt in 2025. The International Monetary Fund (IMF) has projected South Africa’s nominal Gross…
Burkina Faso Bans Raw Cashew Nut Exports to Boost Local Processing Industry
In a decisive move to strengthen its domestic cashew industry, Burkina Faso has announced an indefinite suspension of raw cashew nut exports. Effective March 28, 2025, the ban is part of a national strategy to increase local value addition…
Ethiopian Airlines to Build Africa’s Largest Airport: A Game-Changer in African Aviation
Ethiopian Airlines is set to construct Africa’s largest and most advanced airport, the Abusera Mega Airport City, a transformative project that will position Ethiopia as a dominant player in global aviation. The airport will be located in…
Are Trump’s Tariffs a Wake-Up Call For Africa?
From Lesotho to Nigeria, the tariffs imposed by U.S. PresidentDonald Trump have significantly impacted African trade, with key economies across the continent feeling the effects. You might want to hold onto your jeans a little longer…
Rehani LLC: Bridging the Gap for Diaspora Property Investors in Africa
Rehani Soko, a dynamic and innovative Property Tech company based in Washington D.C., is making waves in the African real estate market. Founded in 2022, the company’s mission is simple yet profound: to empower the African Diaspora to…
IMF Staff Concludes Mission to Guinea-Bissau, Sees Growth Outlook and Continued Reform Commitment
An International Monetary Fund (IMF) mission, led by Niko Hobdari, concluded a visit to Guinea-Bissau from April 2 to 10, 2025. The team held discussions as part of the 2025 Article IV consultation and the ongoing eighth review of the…
The Power of Economic Zones: How GEZS 2025 Will Shape the Future of Trade and Investment
As global markets continue to evolve, economic zones have become a driving force behind trade, investment, and sustainable growth. These zones—ranging from free trade areas to special economic zones (SEZs) and industrial hubs—are critical…
