Economy

Japan’s optimism about Nigeria’s economic prospects shines despite the tough business environment. Takashi Oku, the Managing Director for the Japan External Trade Organisation (JETRO), affirmed this at the 2023 Lagos …

Africa is on the verge of a tech revolution, as a new venture capital fund backed by some of the world’s most successful entrepreneurs aims to support the next generation …

The African Union (AU) has urged the United States Congress to extend its flagship trade program, the African Growth and Opportunity Act (AGOA), for at least another decade. The AU’s …

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 …