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 …
Africa
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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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Kenya Rules Out New Taxes in 2025/2026 Budget After Deadly Protests
Kenya’s government has said it will not introduce new taxes or increase current ones in the 2025/2026 budget. This announcement comes after last year’s deadly protests forced President William Ruto’s …
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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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U.S.-Africa Business Summit to Hold in Angola as Stakeholders Discuss Economic Growth and Trade Opportunities
The 17th edition of the U.S.-Africa Business Summit will hold in Luanda, the capital of Angola, from June 22 to 25, 2025. The event is expected to bring together top …
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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 …
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FG Opens May 2025 Savings Bond Window for Retail Investors
The Federal Government of Nigeria, through the Debt Management Office (DMO), has launched a new round of the Federal Government of Nigeria (FGN) Savings Bond for the month of May …
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MTN Nigeria Reports N133.7bn Profit in Q1 2025
MTN Nigeria Communications Plc has reported a profit after tax of N133.7 billion for the first quarter of 2025, recovering from a loss of N392.7 billion recorded in the same …
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African Spirit Brands Step into Global Market with Local Flavour and Bold Packaging
Some African distillers are now turning traditional drinks into modern, premium products that are catching international attention. These new players in the global market are not only rebranding age-old local …