Business

Hundreds of Nigerians stranded in South Africa as

  • 19th June 2026

Amazon engineers under internal probe after criticising AI

  • 19th June 2026

Only 6% of Nigerians access formal credit despite

  • 19th June 2026

OPEC rejects IEA forecast of oil oversupply

  • 18th June 2026

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Lagos positioned as Africa’s leading geo-economic hub — Sanwo-Olu

Economy featured

FG approves ₦21.2m Ebola preparedness funds

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Tinubu extends Customs CG Adeniyi’s tenure by six months

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Only 18% of Nigerian retailers can access formal loans

Finance

Tag: Africa

Startups

Google supports African startups, varsities with $9m fund, AI tools

Google has reaffirmed its commitment to Africa, unveiling new subsea cable connectivity hubs, a $9 million fund, and Artificial Intelligence tools for students. The tech giant is building on nearly two decades of partnership with infrastructure, learning, and innovation announcements. Four strategic subsea cable connectivity hubs will be established in the north, south, east, and […]

Conferences

Nigeria, seven other African countries sign landmark petroleum charter

Nigeria and seven other African countries have endorsed a landmark charter establishing the African Petroleum Regulators Forum, setting a new course for harmonized petroleum regulation and investment promotion across the continent. The signing ceremony took place on Thursday, September 18, 2025, on the sidelines of the 31st Africa Oil Week in Accra, Ghana, chaired by […]

Business featured

MTN to develop AI-powered data centers in Africa

MTN Group, Africa’s largest telecom operator, is in advanced talks with United States and European firms to develop data centers across the continent to power artificial intelligence services. The move is part of the company’s strategy to fill Africa’s massive AI infrastructure gap and unlock new revenue streams, according to CEO Ralph Mupita. Mupita said […]

News

Africa loses $12.7bn yearly to infrastructure disasters — Report

Africa suffers an average of $12.7 billion in annual infrastructure losses from natural disasters, according to a new report by the Coalition for Disaster Resilient Infrastructure. The study, released Monday, shows that floods account for about 70 per cent of the damage, while earthquakes — less frequent but often more devastating — make up about […]

Top 10 most-improved visa-friendly African countries
News

Top 10 most-improved visa-friendly African countries

Traveling between African countries is becoming increasingly accessible, thanks to growing trends in visa policy reforms across the continent. A recent report, “Africa Visa Openness Index,” from 2016 to 2024 shows that 39 African countries have improved their visa rankings, signaling a positive shift towards easier travel across the continent. The increase in visa scores […]

Osimhen, Fireboy, Veekee James others make Forbes 30 Under 30
News

Osimhen, Fireboy, Veekee James others make Forbes 30 Under 30

Five Nigerians have been recognized by Forbes Magazine in its 30 Under 30 Africa Class of 2024, for shaping the continent’s future and leaving an indelible mark on the global stage. This vibrant group of visionaries spans diverse fields, from entertainment to sports, demonstrating innovation, inclusive growth, and a redefinition of Africa’s narrative. As the […]

World

Africa’s exports to grow by 5.3% in 2024 – WTO

World Trade Organization declared that exported goods from Africa are projected to grow by 5.3% on an annual basis in comparison with the rest of the world, according to the World Trade Organization’s trade outlook for 2024. According to the report, exports on the continent will be higher than they were before the onset of […]

News

AGOA boost: Kenya receives $55m for apparel expansion

The African Growth and Opportunity Act, which has significantly contributed to enhancing trade and investment in sub-Saharan Africa with the United States of America, provides for duty and quota free access to American markets. Many qualifying African countries have achieved notable successes in exporting goods under AGOA to the US. These successes include textiles and […]

Energy

China to drive Africa’s renewable energy revolution – Report

China has an extraordinary opportunity for an energy revolution in Africa, but first, it must overcome almost two decades of neglect regarding investment in green power there, research from Boston University showed on Tuesday. Since the beginning of the century, Beijing has emerged as the largest bilateral trade partner on the African continent and financed […]

The Economic Commission for Africa predicts that African countries will dominate the world's top 10 fastest-growing economies in 2024 and 2025.
News

African countries to dominate global economy in 2024, 2025- Report

The Economic Commission for Africa predicts that African countries will dominate the world’s top 10 fastest-growing economies in 2024 and 2025. In 2024, key economies driving growth in Africa will include Niger, Senegal, Ivory Coast, the Democratic Republic of the Congo, and Rwanda. Adam Elhiraika, Director of the Macroeconomics and Governance Division at ECA, highlighted […]

AfDB, ECOWAS sign $12m agreement to boost Rice production
Banking

Africa imports 80% of medicines, says AfDB

By Melvin Onwubuke   The President of the African Development Bank, Akinwumi Adesina has said that Africa imports between 70 per cent and 80 per cent of its medicines. Adesina stated this on Wednesday in Lagos while being honoured with the Obafemi Awolowo Prize for Leadership, according to The Punch. Africa is losing $2.6 trillion […]

Flow Financial launches in Africa, begins hiring in Nigeria
Economy

Flow Financial launches in Africa, begins hiring in Nigeria

Floww Financial today announced its successful debut into the African cryptocurrency sector with the commencement of its Nigeria operations. According to Nairametrics, Floww Financial is an authorized cryptocurrency exchange company with operations in Australia, the UK, and the EU. The business currently provides fiat-to-crypto and crypto-to-fiat services on well-known exchanges, such as Binance, where it […]

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