Nigeria’s fast-growing digital economy is facing a major threat from a deepening shortage of skilled technology professionals, with industry experts warning that as much as $11 billion in annual sector …
Chief executives of insurance companies across the globe are set to ramp up investments in artificial intelligence (AI), with many expecting faster returns on the technology, a new report by …
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UK, Kenya deepen trade ties at maiden business forum in Nairobi
More than 180 businesses and top government officials from the United Kingdom and Kenya gathered in Nairobi on Thursday for the inaugural UK–Kenya Business Forum, aimed at unlocking fresh investment …
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Chinese investors storm Kenya over infrastructure, agro-investment prospects
A delegation of Chinese investors has arrived in Kenya to explore fresh investment opportunities in infrastructure development and agriculture, as Nairobi deepens economic ties with Beijing. The visit, confirmed by …
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Uganda refinery won’t threaten Kenya oil exports, says Kenya Pipeline
Kenya’s major oil products transporter, the Kenya Pipeline Company (KPC), has downplayed concerns that Uganda’s planned $4 billion oil refinery could undermine its regional business, insisting the project poses no …
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Rand gains despite US warning on possible flight halt to South African airport
South Africa’s rand appreciated against the United States dollar on Wednesday as investors largely looked past mixed domestic economic indicators, even as reports emerged of a warning from US authorities …
- South AfricaSouth Africa EconomySouthern Africa
IMF lifts S’Africa growth outlook to 1.3% on power stability, reform gains
The International Monetary Fund (IMF) has revised upward its economic growth forecast for South Africa, citing improved resilience, easing power constraints and a gradual recovery in business confidence. In its …
- South AfricaSouth Africa EconomySouthern Africa
S’Africa may targets 3% inflation by 2026 as SARB signals room for rate cuts
South Africa may achieve its revised 3 per cent inflation target by 2026, as price pressures remain largely contained, Governor of the South African Reserve Bank (SARB), Mr Lesetja Kganyago, …
- AfricaEconomy
CBN Auctions N1.15trn Treasury Bills as Liquidity, Rate Outlook Drive Investor Sentiment
The Central Bank of Nigeria (CBN) will today conduct its second Treasury Bills (T-bills) auction for January 2026, offering instruments worth N1.15 trillion amid elevated system liquidity and mixed expectations …
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UBA Foundation Humanitarian Drive Impacts Africa
The UBA Foundation, the corporate social responsibility arm of United Bank for Africa (UBA) Plc, has once again demonstrated its commitment to social impact by distributing essential materials and cash …