News from across Africa covering business, markets, policy and development in North, West, East, Central and Southern Africa.
African startups raised only $2.2 billion in 2024, representing just 0.6% of global startup funding, highlighting a massive financing gap that leaves promising tech entrepreneurs without the capital needed to …
North African countries are rapidly pulling ahead in the race for fifth-generation (5G) connectivity, creating a Mediterranean digital corridor that is setting the pace for the rest of the continent. …
Thousands of users of ChatGPT, the artificial intelligence chatbot developed by OpenAI, were left stranded yesterday after the platform experienced a widespread service outage that disrupted conversations and access across …
The World Bank has raised concerns over persistent delays at Ghana’s ports, warning that prolonged cargo clearance timelines are weakening trade flows and limiting private-sector expansion, particularly for importers and …
South Africa’s rand firmed on Monday, clawing back part of the heavy losses recorded in the previous trading session, as investors reassessed movements in global commodity prices and emerging market …
Several young beneficiaries of the NYOTA Business Start-Up Capital Grants have applauded the Federal Government, describing the initiative as a timely intervention already reshaping their economic prospects and restoring hope …
Kenya and Brazil have stepped up efforts to strengthen trade and investment relations as shifting global tariff regimes push emerging economies to diversify partnerships and reinforce South-South cooperation. This formed …
Kenya Power has reported a significant uptick in profit for the half-year to December 31, 2025, as the utility continues to juggle rising operational costs and public expectations for affordable …
Unilever Nigeria Plc has reported a 99 per cent jump in profit after tax to N30.7 billion for the financial year ended December 31, 2025, buoyed by strong revenue growth, …
A new survey by PwC Nigeria has revealed rising confidence among business leaders, with 91 per cent of Chief Executive Officers (CEOs) expressing optimism that Nigeria’s economy will improve in …
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