The Reserve Bank of Malawi (RBM) has extended its five-year capital markets development plan by one more year after falling short of several major targets due to tough economic conditions …
Banking, Finance & Investment
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Banking, Finance & InvestmentBusinessCapital MarketGovernment Policy
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AgricultureBanking, Finance & InvestmentEconomyNigeriaTrade & Investment,
FirstBank to Host 2025 Agric and Export Conference to Boost Non-Oil Sector Growth
FirstBank has announced the 2025 edition of its Agric and Export Conference, an initiative aimed at driving growth in Nigeria’s agriculture and non-oil export sectors. The event, themed “The Fundamentals …
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BankingBusinessCorporate AffairsEconomic PolicyFinanceINVESTMENTNigeriaTradeTrade & Investment,
Stanbic IBTC Bank Wins Best Cash Management
Stanbic IBTC Bank has received top honours at the Cosmopolitan The Daily Business Awards, securing two prestigious titles — Best Cash Management Bank in Nigeria and Best Trade Finance Bank …
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EconomyEgyptGovernment PolicyINVESTMENTReal EstateUncategorizedUrban Development
Egypt Defends Move to Offer Unused State Lands for private Investment
Egypt’s Prime Minister Mostafa Madbouly has defended his government’s decision to offer unused state-owned lands for investment in partnership with the private sector, insisting that the initiative is about unlocking …
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CommoditiesCurrencyEconomyINVESTMENTMarketsSouth Africa
South African Rand Eases After Two-Day Rally as Dollar Weakness Fades
The South African rand eased slightly in early trading on Thursday, pausing after two straight sessions of gains driven by a softer U.S. dollar. At 06:41 GMT, the rand was …
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Egypt and China have sealed a landmark $1 billion agreement to establish a major tire manufacturing facility in the Suez Canal Economic Zone (SCZONE), a move aimed at boosting Egypt’s …
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AgricultureDevelopmentEastern AfricaEconomyInfrastructureINVESTMENT
Rwanda, AfDB Join Hands for Gabiro Agribusiness Hub Phase 2 Expansion
Rwanda’s agricultural sector has received a major boost as the Government of Rwanda and the African Development Bank Group (AfDB) move forward with plans for the second phase of the …
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African AffairsAfrican EconomyBusinessDevelopmentEconomyEventsINVESTMENTRwandaSPORTUncategorized
African Union Sports Council, Rwanda to Host Key Sports Policymakers Round table in Kigali, Rwanda.
The African Union Sports Council (AUSC) and the Ministry of Sports of Rwanda have announced a major partnership to co-host the Policymakers Round table during the second edition of the …
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Business and EconomyForeign AffairsINVESTMENTMiningNatural ResourcesNews
De Beers Discovers First New Kimberlite Field in Angola After 30 Years
De Beers, the global diamond giant, has made a significant discovery in Angola—its first kimberlite field in three decades. The announcement came on Tuesday, August 12, 2025, from the company’s …
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Business and EconomyChina-Africa RelationsCorporate StrategyEconomyEgyptForeign AffairsIndustrial DevelopmentInfrastructureINVESTMENTManufacturing
Egypt, China’s Sailun Group Sign $1 Billion Deal for Tire Factory in Suez Canal Economic Zone
Egypt has entered into a major $1 billion agreement with China’s Sailun Group to build a large automotive tire manufacturing plant in the Suez Canal Economic Zone. The deal, announced …