Economy & Business

Africa's richest man, Aliko Dangote, has suggested that his actual fortune may be significantly higher than the figures currently reported by major global wealth trackers, arguing that some of the most valuable companies within his business…

Kenya is rapidly emerging as one of Africa’s most contested banking markets, attracting major financial institutions seeking a stronger foothold in East Africa as competition for regional growth intensifies. The latest move comes from…

Yibrah Tesfazghi’s rise from humble beginnings in Eritrea to one of General Electric’s most influential African executives is a story of perseverance, vision, and leadership against the odds. Over a 38-year career at General Electric,…

The Egyptian pound has emerged as the world's best-performing currency in recent weeks, delivering a sharp turnaround that reflects improving investor sentiment and easing pressure on one of Africa’s largest economies. According to recent…

South Africa has received a significant financial boost after the New Development Bank (NDB), commonly known as the BRICS Bank, approved $1 billion in funding for critical infrastructure development projects across the country. The…

Morocco has earned recognition as one of the world’s leading silver-producing nations, reinforcing its status as Africa’s dominant force in the precious metals industry. According to newly released global production rankings, Morocco…

Africa’s mobile money revolution is entering a new phase, with digital payments increasingly serving as the backbone of commerce, business operations, and essential services across the continent. Payment infrastructure company PawaPay has…

South Africa’s push to diversify its energy mix received a major boost after Exxon Mobil signed a preliminary agreement to supply liquefied natural gas (LNG) to the country’s first planned LNG import terminal. The agreement was reached…

JustMarkets has once again been recognized as one of Africa's leading financial trading platforms after winning the prestigious “Most Innovative Broker” award at the Finance Magnates Africa Summit (FMAS) 2026 in Cape Town. The achievement…

South African financial markets posted strong gains on Monday as a combination of a weaker U.S. dollar and falling global oil prices boosted investor confidence. The country's currency, stocks, and government bonds all advanced amid…