Category: Africa

Chicago-based hospitality group Hyatt Hotels Corporation has entered into a management agreement to bring its full-service Regency brand to Lusaka, Zambia. The five-star property,

Colonel Michael Randrianirina has officially assumed the presidency of Madagascar, following the forced departure of former president Andry Rajoelina. The transition of power occurred

Sun King, a leading renewable energy firm, is poised to make significant strides in solar manufacturing, with its CEO, T. Patrick Walsh, announcing an

South Africa’s township economy, long relegated to the informal fringes of growth, is now drawing deliberate attention from government, corporates and fintech innovators alike

Kigali has become the launchpad for the Rwanda chapter of the Africa Trade Gateway, a comprehensive digital trade ecosystem developed by the African Export-Import

Addis Ababa — Ethiopia’s Ministry of Finance and Italy’s development cooperation agency have inaugurated a two-year, €1.7 million project aimed at strengthening community resilience

The United Arab Emirates has asserted that open, rules-based trade is vital to sustainable development, while unveiling strategic moves to strengthen its global trade

A team from the International Monetary Fund has secured a staff-level agreement with Somali authorities to complete the fourth review under the Extended Credit

Dubai’s GITEX GLOBAL 2025 is turning the spotlight on East Africa as a rising force in the artificial intelligence landscape, with regional governments and

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