Junior Achievement Africa and global aerospace giant Boeing have announced plans to launch two major STEM and entrepreneurship initiatives in Nigeria and Togo aimed at equipping young people with the …
AFRICA NEWS
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Angola’s $200 Million Trouble with JPMorgan Exposes Africa’s Mounting Debt Pressure
Angola has found itself in the news again over its rising financial pressures, as a $200 million margin call from U.S. banking giant JPMorgan Chase & Co. has exposed the …
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Ghana’s Cedi Strengthens as Nigeria’s Naira Holds Steady; Uganda and Zambia Currencies Show Mixed Trends
The Ghanaian cedi is expected to continue its upward trend in the coming week, buoyed by sustained support from the Bank of Ghana and increased foreign currency inflows. As of …
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Axxela Retains EcoVadis Gold Medal for 2025, Reinforces Leadership in Sustainable Business
Axxela Limited, a leading player in the gas and power sector across sub-Saharan Africa, has once again secured the prestigious Gold Medal in the 2025 EcoVadis Sustainability Rating. The company …
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Afreximbank Launches $1 Billion Africa Film Fund to Boost Creative Industry Across the Continent
The African Export-Import Bank (Afreximbank), through its impact investment subsidiary—the Fund for Export Development in Africa (FEDA)—has officially launched a $1 billion Africa Film Fund aimed at transforming the continent’s …
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African Markets Update: Key Events and Economic Signals
African markets are navigating a busy day of economic indicators, political developments, and global trends on Thursday, May 8, 2025. From court decisions in Côte d’Ivoire to monetary policy announcements …
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Heidelberg Materials Records Strong Q1 Profits, Credits Growth in Africa
Heidelberg Materials, one of the world’s top cement producers, has started the 2025 financial year on a solid note, with better-than-expected earnings in the first quarter. The German company, which …
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Investors Watch DMO’s ₦550bn Treasury Bills Auction as Market Eyes Interest Rate Direction
Many investors are paying close attention to the Treasury Bills auction being held today, Tuesday, May 7, 2025, as the Debt Management Office (DMO) offers ₦550 billion worth of T-bills …
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Oil Spill Halts Operations on Okordia-Rumuekpe Pipeline in Rivers State
Renaissance Africa Energy Company Limited has confirmed that it has stopped crude oil transportation through its Okordia-Rumuekpe pipeline in Rivers State after an oil spill was discovered in Ikata community, …
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Africa Records Lowest Global Air Cargo Demand in March 2025 – IATA
Africa’s air cargo industry recorded the steepest drop in global demand in March 2025, with a 13.4 per cent year-on-year decline, according to data released by the International Air Transport …