News from across Africa covering business, markets, policy and development in North, West, East, Central and Southern Africa.
In a surprising twist in the foreign exchange market, the Nigerian naira on Tuesday recorded a modest appreciation against the United States dollar, exchanging at ₦1,530.52/$ at the official window. …
Nigeria’s leading carrier, Air Peace, has caused a stir in the aviation space after slashing its Lagos-London airfare by a jaw-dropping ₦600,000 — a move that has sent shockwaves through …
Nigeria faces a staggering economic setback following a pipeline explosion in Rivers State, potentially leading to losses exceeding $35.3 million daily. The incident, which significantly hampers oil exports from the …
The Lagos State Government, in partnership with the Aliko Dangote Foundation (ADF), has commenced the distribution of 50kg bags of rice to over one million vulnerable households across the state. …
President Bola Tinubu has officially declared a state of emergency in Rivers State, Nigeria, following escalating political instability and governance challenges in the region. The move comes after mounting tensions …
Kenya is facing a rising wave of cyber threats, with reported incidents increasing by 27.2% in the second quarter of the 2024/2025 fiscal year. The Communications Authority of Kenya revealed …
In a bold call to action, Dipo Fatokun, Chairman of Flutterwave Technologies Solutions Limited, emphasized the urgent need for greater collaboration within Nigeria’s fintech ecosystem. According to Fatokun, a unified …
The South African rand edged higher today, March 18, 2025, gaining 0.4% to trade at 18.0175 per U.S. dollar, following a strong rally in gold prices. Gold soared to an …
ln a significant step toward advancing Nigeria’s industrialization ambitions, Alpha Grip Management Company (AGMC), a subsidiary of UAE-based Alpha Group, has partnered with China National Chemical Engineering International Corporation Ltd. …
Breet, a leading cryptocurrency exchange platform, is thrilled to announce Balloranking, an Afrobeats sensation, as its official Brand Ambassador. This exciting collaboration, set to run for the next six months, …
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