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Global stocks slide as Middle East tensions drive

  • 8th June 2026

FG delays Nigerians’ evacuation from S’Africa over logistical

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Technology

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Business

Nigeria leads Africa in domestic aviation growth — Report

Aviation featured

FG delays Nigerians’ evacuation from S’Africa over logistical challenges

Business

Tag: Africa

Aviation featured

Nigeria leads Africa in domestic aviation growth — Report

Nigeria’s aviation sector recorded Africa’s fastest domestic seat capacity growth in June 2026, with airlines increasing domestic capacity by 21.7 per cent year-on-year. The figures are contained in data released by OAG on the African aviation market for June 2026, based on scheduled flight capacity across carriers operating within the region during the month. Among […]

Helth

WHO, Africa CDC launch $518m Ebola response strategy

The Africa Centres for Disease Control and Prevention and the World Health Organization have unveiled a joint continental preparedness and response plan to combat the ongoing Ebola outbreak caused by the Bundibugyo virus strain. The six-month initiative, scheduled to run from June to November 2026, aims to mobilise $518 million to support African countries in […]

Housing

Rich Africans turn to real estate for wealth preservation — Report

Africans with investable assets of at least 50 million dollars are increasingly directing their wealth into real estate as part of efforts to preserve capital, diversify investment portfolios and generate long-term income, according to a new wealth report. Nairametrics reported that the report, released by Standard Bank, Africa’s largest lender by assets, shows that ultra-high-net-worth […]

Agribusiness featured

Cocoa price volatility threatens Africa’s farmers, group warns

The Cocoa and Coffee Farmers Alliance Association of Africa has identified persistent market volatility as one of the greatest obstacles to the sustainable development of Africa’s cocoa industry, warning that fluctuating prices continue to weaken farmers’ livelihoods and discourage investment throughout the value chain. The PUNCH reported that speaking ahead of the Cocoa and Coffee […]

Investment

AfDB commits $125m to boost African infrastructure investment

The African Development Bank is set to invest $125 million in the African Trade and Investment Development Insurance, a move that will make the continental lender the institution’s largest shareholder while strengthening efforts to attract greater private sector investment into infrastructure and development projects across Africa. The disclosure was made by AfDB President, Sidi Ould […]

Business

Dangote retains Africa’s most admired brand crown

Dangote Industries Limited has reinforced its standing as one of Africa’s most influential corporate brands after being named Africa’s Most Admired African Brand for the eighth consecutive year. The company also recorded another major achievement as its Group Chief Branding and Communications Officer, Anthony Chiejina, was listed among Africa’s 100 Most Influential Chief Marketing Officers. […]

Appointments

AfDB appoints Keyamo as African champion for $7bn aviation programme

The African Development Bank has appointed Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, as the African champion for its newly unveiled Integrated Aviation Transformation Programme for Africa, a $7bn initiative aimed at repositioning the continent’s aviation industry. Nairametrics reported that, according to the letter of appointment on Wednesday, the appointment follows what it […]

Opinion

Africa can save $299bn annually via better investment efficiency — AfDB

The African Development Bank has stated that African countries could save as much as $299 billion annually through improved public investment efficiency while unlocking trillions of dollars in development financing through stronger reforms and better domestic resource mobilisation. Nairametrics reported that the disclosure was contained in the 2026 African Economic Outlook report released during the […]

Business

Africa mobilises $498.8m as Ebola death toll hits 220

Africa has secured about $498.8 million in pledges and commitments to bolster response efforts against the ongoing Bundibugyo Ebola virus outbreak across affected and high-risk countries, as the death toll has risen to 220. This was disclosed on Monday, May 26, 2026, by Jean Kaseya, Director-General of the Africa Centres for Disease Control and Prevention, […]

Finance

African currencies depreciate amid US-Iran crisis — Report

African currencies came under renewed pressure following the escalation of geopolitical tensions involving the United States, Israel, and Iran, with currencies across the continent depreciating by 3.2 per cent as global investors retreated from emerging and frontier markets. This is according to a new report titled “Trade and Development Foresights 2026: Global economy faces a […]

Business featured

West, Central Africa commit $27bn to port projects for trade growth

Nigerian and other countries in West and Central Africa have committed over $27 billion to port infrastructure expansion projects aimed at strengthening regional trade integration, improving maritime logistics and driving economic growth across the sub-region. Vanguard reported that the Managing Director of the Nigerian Ports Authority, Dr. Abubakar Dantsoho, disclosed this on Monday during the […]

Investment

AFC commits $100m to boost Africa tech venture capital

Africa Finance Corporation has approved a commitment of up to $100 million to invest in Africa-focused technology fund managers, in a move aimed at increasing local institutional participation in the continent’s fast-growing venture capital ecosystem. The AFC disclosed this in a statement released on Monday. The investment comes as Africa’s digital economy is projected to […]

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