The United States has raised its benchmark interest rate for the first time since July 2023, adding fresh pressure to monetary policy decisions expected this week in Nigeria, Ghana and …
AFRICA NEWS
- Africa EconomyAFRICA NEWSInternational
South African Airways (SAA) is facing concerns over declining passenger traffic as tensions surrounding xenophobia and the treatment of foreign nationals continue to affect perceptions of travel to South Africa. …
Hundreds of foreign nationals have reportedly begun leaving Kenya following President William Ruto’s directive targeting small businesses owned by foreigners, with some Burundians comparing their treatment to xenophobic attacks in …
Uganda has officially declared its Ebola outbreak over after going 42 consecutive days without recording a new confirmed case of the Bundibugyo virus, marking a significant achievement in the country’s …
President Bola Tinubu on Wednesday arrived in Kigali, Rwanda, ahead of the 13th edition of the Africa CEO Forum scheduled to begin on Thursday, May 14. Tinubu was received at …
Invest Hong Kong (InvestHK), the Chinese government department responsible for attracting foreign direct investment and supporting overseas companies in Hong Kong, is expanding its engagement with Africa as it positions …
Renewvia Energy Corp. plans $750 million expansion into Uganda, Rwanda, Ethiopia, and the DRC for 2.1 million electricity connections in Africa. Seeking $45 million for Kakuma and Dadaab projects to …
- AfricaAFRICA NEWSEconomy
China confirms that Nigeria is its largest engineering contracting market in Africa
Chinese officials recently highlighted Nigeria’s position within China’s long-term developmental and economic strategies, citing the country’s growing influence in infrastructure projects, investment, and bilateral trade. During a seminar in the …
From Equatorial Guinea to Tanzania, from Accra to Addis Ababa, and now, from Nairobi to Kigali, President Bola Ahmed Tinubu, with sartorial elegance and swashbuckling confidence, is traversing Africa preaching …
- AfricaAFRICA NEWSPolitics
At Africa Forward Summit, Tinubu calls for reform of global financial architecture
President Bola Tinubu, on Tuesday, led Nigeria’s government, diplomatic, and business delegation to the Africa Forward Summit at the Kenyatta Convention Centre in Nairobi, Kenya, advocating for stronger economic integration …