Category: Africa

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

CEOs across Africa are signalling substantial confidence in their firms’ growth prospects, driven by plans for increased hiring and investment in artificial intelligence, according

The African Union and the Global Fund to Fight AIDS, Tuberculosis and Malaria have signed a memorandum of understanding aimed at bolstering health

Fintech firm Afriex has announced a strategic collaboration with payments giant Visa to deliver real-time cross-border transfers to over 160 markets, marking a significant

Major banks in Nigeria posted solid earnings in the quarter ending September 30 as elevated interest rates and assets repricing lifted income streams, though

US retail giant Walmart has chosen the upper-level of Clearwater Mall in the Strubens Valley area of Roodepoort, Johannesburg, as the site for its

Tech giant Google has announced a $2.85 million funding package to support artificial-intelligence skills development, education, online safety and cybersecurity in South Africa. The

The African Development Bank has approved a US$75 million financing package for Nyanza Light Metals Pty Ltd of South Africa to construct an

The national assembly’s Committee on Agriculture launched a week-long oversight tour of the Eastern Cape that began with a visit to the Eastern Cape

Dubai hosted a high-level ministerial roundtable alongside the UAE‑Africa Tourism Investment Summit 2025, assembling officials from more than 20 African nations and the United

President Paul Biya has been declared the victor of Cameroon’s presidential election with 53.66 per cent of the vote, according to the country’s Constitutional

LAGOS – Fintech company Moniepoint Inc. announced yesterday that it has raised more than US $200 million in a Series C equity financing

Cape Town — South Africa’s agricultural exports to the United States rose sharply in the second quarter of 2025, hitting US$161 million and marking

Africa is entering a phase of accelerated digital inclusion, backed by substantial investment and strategic partnerships, yet persistent infrastructure and cybersecurity gaps pose growing