Category: Africa

Cameroonian fintech startup REasy has secured a $1.8 million pre-seed investment to expand its cross-border payment and trade infrastructure for small and medium enterprises.The

Ethiopia’s central bank has held its benchmark rate at 15 per cent while expanding the cap on credit growth to 24 per cent for

Sub-Saharan Africa’s gross domestic product is now projected to grow by about 3.8 percent in 2025, up from 3.5 percent in 2024, as inflation

Violent protests have forced the University of Fort Hare in Alice, Eastern Cape, to suspend all operations, as buildings were set ablaze and mounting

Ethiopia has introduced its first malaria vaccine programme in Turmi, South Omo Zone, delivering the vaccine in tandem with a large-scale distribution of insecticide-treated

The Central Bank of Kenya reduced its benchmark lending rate by 25 basis points today, bringing it down to 9.25 per cent, in its

Port Louis: MCB Capital Markets has advised CIEL Limited in issuing a MUR 1.45 billion sustainability-linked bond, marking a milestone in African sustainable

Glencore has entered a 20-year agreement with Discovery Green to supply renewable energy for four of its South African mining operations, beginning 2027. The

Botswana has become the target for a bold new data infrastructure initiative after U. S. operator ChillMine and Netherlands-based AAAS Energy inked a memorandum

South African equities climbed to unprecedented levels on Thursday, driven by buoyant momentum in mining and financial sectors. The benchmark FTSE/JSE All-Share Index rose

Passenger volume across African airlines is forecast to reach 113 million in 2025, up from 98 million in 2024—an increase of about 15.3 %,

The Export-Import Bank of the United States has authorised over $100 million in financing guarantees to support two flagship digital infrastructure projects in

President Duma Boko has declared that his government intends to secure a controlling share in De Beers by the end of October, pushing Botswana

African Bank has successfully issued its first social bonds, raising R700 million through 3- and 5-year securities aimed at funding small and medium enterprises.

Environmental analysts and transport groups have called for a major shift in Uganda’s boda-boda motorcycle sector, urging adoption of electric bikes as a means

Lusaka remains locked in negotiations over whether the African Export-Import Bank and the Trade and Development Bank must take losses in Zambia’s

Adamu Aliyu, a member of the Plateau State House of Assembly, handed himself over to the Independent Corrupt Practices and Other Related Offences Commission

Johannesburg – MTN Group has moved to broaden Africa’s AI infrastructure by initiating plans to build a network of data centres across its 16

Vitol and Sunoco have taken delivery of the first U. S.-bound gasoline shipment from Nigeria’s Dangote refinery, marking a milestone in its global trade

Tanzania’s Independent National Electoral Commission disqualified opposition presidential candidate Luhaga Mpina for the second time on Monday, reversing an order from two days

Malawi has welcomed several international election observer missions ahead of its general elections due on 16 September 2025, in a move intended to enhance

Frontline medical residents in Nigeria launched a five-day warning strike on Friday, demanding unpaid allowances, salary arrears and better welfare. The strike, ordered by

Harare has been thrust into the spotlight over severe human rights violations linked to mining operations, as watchdog groups and local activists issue alarming

Wema Bank Plc has exceeded the Central Bank of Nigeria’s minimum capital requirement for commercial banks with national authorisation by raising its qualifying capital