With Over 5,000 Alumni, Initiative Seals UBA’s Pan-African Leadership Pipeline Africa’s Global Bank, United Bank for Africa (UBA) Plc, has reinforced its commitment towards tackling youth unemployment across the continent …
AFRICA NEWS
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South African rand posts biggest gain since 2023 on Middle East ceasefire
South Africa’s financial markets rebounded sharply as investors returned to risk assets following a ceasefire in the Middle East, which eased fears of global energy disruptions, according to African Economy. …
- AfricaAFRICA NEWSEconomy
Nigeria ranks third as five countries control 70% of African banks’ $107 billion revenue
Africa’s banking industry generated about $107 billion in revenue in 2025, with Nigeria weakly positioned as the continent’s third-largest market. A report by McKinsey and Company shows that about 70 …
As Aliko Dangote turns 69, his story demands to be read not as a biography of wealth, but as a case study in Africa’s unfinished industrial argument. For decades, the …
Africa Feed & Food (AFF) has received a USD 90 million investment from French development finance institution (DFI) Proparco and North Africa-focused investment entity RMBV. Africa-focused law firm Asafo & …
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US and South Africa move to reset ties amid diplomatic tensions
The United States’ newly accredited ambassador to South Africa, Matthew Bozell, formally assumed his duties on Wednesday during a ceremony that also saw envoys from 19 other nations receive accreditation …
- AfricaAFRICA NEWSEntrepreneurship
Africa startup funding tilts to debt as early stage slumps in March
Africa’s start-up funding rose in March, but the gains masked a deeper shift in investor behaviour, with capital increasingly flowing into fewer, more mature companies through debt rather than equity. …
Russia is seeking to build an alternative cross-border payments network in Africa using a ruble-backed cryptocurrency, as it looks to bypass Western financial systems following sanctions imposed over the war …
- AfricaAFRICA NEWSEntrepreneurship
Verto Expands Business Accounts to Enable Seamless Payments from the US to Africa
Global payments platform, Verto, has launched a new solution under its Verto Business Accounts offering, enabling U.S.-registered companies to open USD accounts in their own business names and move funds …
Zenith Bank Plc has completed its long-awaited entry into East Africa with the full acquisition of Paramount Bank Limited, marking a major milestone in the Nigerian lender’s regional expansion strategy. …