Economy

AFEX, a leading African commodities platform, has received a $26.5 million investment from British International Investment (BII), the UK’s development finance institution and impact investor. The partnership aims to boost …

Nigeria’s first lady, Aisha Tinubu, is set to receive N1.5 billion ($3.9 million) for the purchase of vehicles for her office, according to the 2023 supplementary budget proposal submitted by …

Africa is home to some of the most creative and innovative social entrepreneurs tackling the continent’s pressing challenges in energy and environment. These young changemakers are not only creating solutions …

Three months after a military coup on July 26, Niger’s economy, one of the globe’s most impoverished, teeters on the brink due to suspended international finance and aid. Following the …

Martina Biene, previously the Chairperson and Managing Director at Volkswagen Group South Africa (VWSA), steps into her new role as President of the African Association of Automotive Manufacturers (AAAM). She …

The United Bank for Africa (UBA) Plc reported a significant growth in its Q3 2023 unaudited financial results. According to a filing by [Nigerian Exchange Limited](#), the bank’s gross earnings …

Nigeria’s agricultural sector is set to receive a boost as John Deere, a leading American tractor manufacturer, plans to establish a tractor assembly plant there. Vice President Kashim Shettima announced …

King Charles III and Queen Camilla are on a four-day state visit to Kenya, the first Commonwealth country they have visited since he became the monarch. The visit coincides with …

  A recent study conducted by the Center for Global Development has unveiled a challenging outlook for African nations aiming to replicate East Asia’s success in industrialization as a means …