US President Donald Trump’s tough trade policies are now affecting several African countries, with many set to suffer major economic setbacks due to high tariffs. President Trump announced the move …
AfricaBusiness and EconomyPolitics
Category:
Africa
- AfricaBusinessEconomyEgyptGOVERNMENTNorth Africa
IMF Gives Egypt $1.2 Billion to Support Ongoing Economic Reforms
The International Monetary Fund (IMF) has released $1.2 billion to Egypt as part of the country’s ongoing economic reform plan. This marks the fourth payment under the Extended Fund Facility …
- AfricaAFRICA NEWSAgricultureDevelopmentPoliciesTechnology
Title: Farming with Phones: African Smallholder Farmers Struggle to Embrace Digital Tools Despite Optimism
A new report has raised questions about the real impact of digital technology in farming across Africa. While mobile phones and internet access have spread widely, many smallholder farmers still …
- AfricaBusinessEnergyFinance & Services
Standard Bank almost doubles sustainable finance commitments to R450 billion
Standard Bank Group, Africa’s biggest bank by assets, has raised its sustainable finance targets by 80% to R450 billion in the next three years. This move is part of the …
- AfricaALGERIABusiness and EconomyEgyptFinance & ServicesMoroccoNigeriaTANZANIA
Africa’s Billionaires’ Wealth Reaches $105 Billion; Dangote Leads for 14th Year
Forbes’ latest report reveals that Africa’s billionaires have amassed a combined wealth of $105 billion, a significant Increase from $82.4 billion the previous year. This marks the first time their …
- AfricaBusinessDigital EconomyEconomyInnovation
Cassava Technologies Partners with Nvidia to Build Africa’s First AI Factory
Cassava Technologies has partnered with Nvidia to launch Africa’s first artificial intelligence (AI) factory, a move set to transform digital infrastructure on the continent. The company, founded by Zimbabwean entrepreneur …
- AfricaBanking, Finance & Investment
Court Adjourns First Bank’s $225.8 Million Debt Case Against General Hydrocarbons Indefinitely
The Federal High Court in Lagos has indefinitely adjourned the case involving an alleged $225.8 million debt owed to First Bank of Nigeria Ltd and FBNQuest Trustees Ltd by General …
- AfricaCrimeCyber securityDigital Economy
Nigeria Tops Interpol’s Arrests with 306 Cybercrime Suspects Across Africa
Nigeria has emerged as a leading force in the fight against cybercrime in Africa, with Interpol reporting the arrest of 306 suspects across the continent. This achievement is part of …
- AfricaFinance & ServicesFintechTechnology
Africa’s Digital Payments Projected to Reach $1.5 Trillion by 2030
A recent report has revealed that digital payments across Africa are expected to reach a staggering $1.5 trillion by the year 2030. This growth is largely driven by the increasing …
- AfricaBusinessGOVERNMENTINVESTMENTNigeriaTrade and CommerceWestern Africa
Trade Ministry Calls Urgent Meeting Over FRCN Levy Dispute
The Federal Ministry of Industry, Trade and Investment has called an emergency meeting to address the growing concerns over a new levy introduced by the Financial Reporting Council of Nigeria …