Business

Moniepoint shuts down UK remittance arm, MonieWorld

  • 25th August 2026

Universal Insurance sues NAICOM over revocation of operating

  • 25th August 2026

Taiwan charges nine over illegal export of high-end

  • 25th August 2026

May & Baker disowns fraudulent M&B equity stake

  • 25th August 2026

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Moniepoint shuts down UK remittance arm, MonieWorld

Business

Apple unveils M5 Ultra, M6 chips for new Mac

Tech

Universal Insurance sues NAICOM over revocation of operating licence

Business

Taiwan charges nine over illegal export of high-end AI

Business

Tag: Africa

Economy

West Africa remains most stable region despite terrorism — ECOWAS

The Economic Community of West African States says West Africa remains the most stable of Africa’s regional economic blocs despite the growing threat posed by terrorism and violent extremism. ECOWAS Commissioner for Political Affairs, Peace and Security, Amb. Abdel-Fatau Musah, made this known in an interview with the News Agency of Nigeria, on Monday. He […]

Oil and Gas

Dangote offers East Africa 30% stake in refinery

Aliko Dangote has offered East African countries a combined 30 per cent equity stake in his proposed oil refinery in Kenya, potentially giving regional investors access to about $1.5 billion worth of the planned project. Kenyan President William Ruto’s economic adviser, David Ndii, disclosed this on Thursday at a capital markets forum in Nairobi, where […]

Finance

60% of Africa’s trade costs stem from within — W’Bank

Africa’s biggest trade obstacles are occurring within countries rather than at the border, with about 60 per cent of total trade costs coming from behind-the-border barriers, according to a World Bank report. The finding is contained in the World Bank’s Integrating Africa: From Threads to Hubs, which identifies customs clearance inefficiencies, regulatory misalignment, weak logistics […]

Energy

ITUC-Africa demands just energy transition for African workers

For three days, the heart of Africa’s trade union movement was in Nairobi, Kenya, as workers’ representatives from across the continent, alongside international partners and other stakeholders, gathered to confront one of the defining questions of Africa’s future: how can the continent achieve a green energy transition without leaving workers and communities behind. The Second […]

Oil and Gas

Dangote Refinery alone not enough for Africa, says FG

The Federal Government has said the Dangote Refinery alone cannot meet Africa’s growing refined petroleum products needs, urging local and international investors to pour more capital into Nigeria’s refining, midstream and downstream sectors. The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, said Nigeria must build on the success of the Dangote Refinery and […]

Finance

How to apply for ECOWAS $65,000 startup awards to Nigerian entrepreneurs

The Economic Community of West African States has opened applications for the second edition of its Startup Awards, offering cash prizes totaling $65,000 to startups from across the region, including Nigeria. ECOWAS Commission announced the award on its X handle on Monday, saying it aims to identify, celebrate and scale innovative startups while advancing digital […]

Business

WTO ranks Africa second in global export growth for Q1

Africa’s merchandise exports increased by 14 per cent year-on-year in the first quarter of 2026, recording the second-highest regional growth after Asia, according to the World Trade Organization. The WTO disclosed this in its latest trade outlook titled “Global goods trade resilient in the first quarter of 2026 despite war in Middle East,” released on […]

Business featured

S&P Global to acquire majority stake in Africa’s Agusto & Co.

S&P Global has agreed to acquire a majority stake in Agusto & Company Limited, a leading Pan-African credit rating agency, in a move aimed at strengthening its presence in Africa’s domestic debt markets and enhancing credit transparency across the continent. The transaction, which is subject to regulatory approvals, will support the expansion strategy of S&P […]

Agribusiness

Agribusiness firm urges increased investment in Africa’s agric value chains

An agribusiness firm, Davidorlah Nigeria Limited, has called for increased investment in Africa’s agricultural value chains, saying strategic financing and infrastructure development are critical to driving economic growth and improving food security across the continent. The Managing Director and Chief Executive Officer of the company, Segun Alabi, made the call while speaking at the Africa […]

Business

Nigeria leads Africa in regulated online gambling — Report

Nigeria has emerged as one of Africa’s most regulated online gambling markets, even as illegal operators continue to dominate the continent, according to a new report by Gaming Compliance International. The report, the first comprehensive assessment of online gambling across all 54 African countries, showed that Africa’s online gambling Gross Gaming Revenue reached $23 billion […]

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