Category: Africa

Hassan Allam Construction has secured a contract valued at about $250 million to deliver the new headquarters of the African Export-Import Bank in Egypt,

Pick n Pay has accelerated its push into in-store financial services, positioning its supermarket network as a bridge between formal banking and millions of

Nairobi — Kenya’s commercial banks have begun to implement a revised risk-based credit pricing framework that standardises how loan interest rates are set, driven

Global development officials are assessing faltering progress on sustainable development targets as the United Nations Development Programme warns that economies and communities face

Senegal is moving to start construction of a domestic gas pipeline network before the end of 2025, marking a decisive step in its strategy

The government of Mozambique has committed to invest 12 million US dollars to rehabilitate technical and vocational education and training institutions countrywide, a

Nigeria must generate 27.3 million new formal jobs from 2025 to 2030 if it is to maintain an unemployment rate of 4.3 per cent,

Ghana’s central bank is preparing to implement a formal framework for non-interest banking, signalling the country’s first comprehensive move toward Islamic banking, capital markets

A planned fiscal overhaul in Zimbabwe would raise the royalty on gold miners from 5 % to 10 % whenever the metal sells above

FG Gold Limited has closed a US$330 million senior debt agreement with the Africa Finance Corporation and the African Export-Import Bank, unlocking financing

Walmart will open its second South African store at Fourways Mall in Johannesburg on Friday, 28 November 2025, just days after launching its first

Kenya’s total exports during the second quarter of 2025 rose by 1.7 per cent to reach KSh 280.0 billion, while imports grew more sharply,

Banks and insurers across South Africa are being confronted with a shifting regulatory landscape as the Financial Sector Conduct Authority and the South

During the G20 Leaders’ Summit in Johannesburg, the Managing Director of the International Monetary Fund, Kristalina Georgieva, stated that the Fund expects the Group

Production at the Volkswagen Group Africa facility in Kariega, Eastern Cape, has surpassed two million units of the Volkswagen Polo, marking a significant

Nairobi-based electric mobility firm Roam Electric Ltd has begun talks to monetise carbon-offset credits generated by its motorcycles while launching a global crowdfunding campaign

Kenya’s banking sector is under pressure as impaired loan ratios hover at elevated levels even though pre-tax profits and capital buffers point to resilience,

A significant consultative meeting aimed at addressing Africa's veterinary medicine regulation challenges is taking place in Nairobi from 17 to 19 November 2025. The

Cairo-based African Export‑Import Bank has outlined a bold agenda at the United Nations Climate Change Conference in Belém, Brazil, urging the continent

The African Development Bank has approved a USD 310 million financing package to FirstRand Bank aimed at scaling up lending to micro, small

Nigeria will kick off its 2025 oil licensing round in December, according to an announcement made by the country’s oil regulatory body in London.

UNESCO's General Conference has officially recognised Kiswahili as one of its official languages, a significant move towards enhancing linguistic diversity within the organisation. This

Nigeria has successfully raised $2.35 billion through the sale of 10-year and 20-year Eurobonds, marking a significant achievement in its financial strategy. The transaction,

Kenya's leading telecommunications provider, Safaricom, has announced a significant 55 per cent increase in its half-year profits for 2025, driven by robust growth in