Economy & Business

Benin has introduced a new law aimed at strengthening the fight against counterfeit currency and improving trust in the country's financial system. The legislation, unanimously approved by lawmakers, increases penalties for individuals…

A growing number of young entrepreneurs across Libya are transforming challenges into opportunities by launching businesses that address local needs, create jobs, and strengthen community resilience. From home healthcare services in…

For generations, farmers across the Republic of Congo relied on small scale subsistence farming to support their families. Limited access to equipment, low productivity levels, and poor infrastructure often left rural communities struggling…

African and European policymakers have called for sweeping economic reforms to unlock investment, strengthen domestic revenue mobilisation, and accelerate regional integration following the launch of the African Development Bank's African…

Zimbabwe is rapidly cementing its position as one of Africa’s leading gold producers, with a sharp rise in output signaling a shift in the continent’s gold production landscape. Strong performance from large-scale miners, rising global…

Africa now accounts for approximately 30% of Rosoboronexport's defense-related exports, underscoring the continent’s growing importance in Russia’s global military trade strategy. The state intermediary agency confirmed that partnerships…

Africa’s economic growth is projected to slow slightly in 2026, according to the African Development Bank (AfDB), as global geopolitical tensions continue to disrupt supply chains and increase costs. The continent’s growth rate is expected…

Morocco has officially emerged as Africa’s leading industrial economy, ranking first on the African Development Bank’s 2025 Industrialisation Index, surpassing long-time leader South Africa. The ranking reflects sustained progress between…

South African retail giant Pepkor has announced plans to launch its own bank by April 2027, marking a major step in the company’s strategy to expand beyond traditional retail into financial services. The move reflects a growing trend among…

Nigeria’s second-richest man, Abdulsamad Rabiu, is edging closer to a historic financial milestone, with a net worth of $19.7 billion, according to the Bloomberg Billionaires Index. The latest valuation places him just $300 million short of…