Cameroon’s domestic public debt has now reached CFA3,814.4 billion, excluding arrears and floating debt, according to a new report released by the Autonomous Sinking Fund (CAA). This figure, which equals …
Banking, Finance & Investment
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AfricaCentral AfricaEconomyFinanceINVESTMENTPublic Debt
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EconomyFinanceGOVERNMENTInternational AffairsINVESTMENTMining
Zambia Extends IMF Loan to Lift Investor Confidence
The Zambian government has officially extended the International Monetary Fund (IMF) Extended Credit Facility (ECF) programme by one more year. This move is part of ongoing efforts to strengthen the …
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A Nigerian businessman based in Canada, Mr Oluwafemi Ayeyemi, has appealed to the Federal Government to urgently address the twin problems of poor infrastructure and insecurity across the country. He …
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BusinessCorporate StrategyEconomyInternational TradeINVESTMENTRetail
Shoprite Moves to Exit More African Markets Amid Economic Hurdles
Shoprite Holdings, Africa’s largest supermarket chain, is gradually winding down operations in more African countries as it shifts attention back to its core market in South Africa. According to analysts …
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EconomyEnergyGOVERNMENTInfrastructureINVESTMENTOil & Gas
Lokpobiri Begs EPC Contractors to Return as Nigeria Seeks Oil Sector Revival
The Minister of Petroleum Resources (Oil), Heineken Lokpobiri, has called on Engineering, Procurement, and Construction (EPC) companies that exited Nigeria in recent years to return, as the country pushes for …
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AgribusinessAgricultureEconomyFood ProductionGovernment PolicyINVESTMENTNigeria
NSDC Urges Nigerian Farmers and Investors to Explore Sugar Industry Opportunities
The Executive Secretary of the National Sugar Development Council (NSDC), Mr. Kamar Bakrin, has urged members of the All Farmers Association of Nigeria (AFAN) and other potential investors to take …
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BusinessEconomyEnergyINVESTMENTPublic Sector
South Africa’s Capital Projects Drop Amid Low Government Investment
South Africa’s plan to spend more on new capital projects has dropped sharply in the first half of 2025, as both the government and state-owned companies failed to introduce fresh …
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AviationEconomyInfrastructureINVESTMENTNigeria
Port Harcourt Airport Generates N21.41bn in 3 Years, Eyes PPP for Future Growth
The Regional General Manager, South South, and Airport Manager of the Obafemi Jeremiah Awolowo International Airport (PHIA), Omagwa, Mrs. Ifesinachi Lynda Ezike, has revealed that the airport generated N21.41 billion …
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DevelopmentEconomyInnovationINVESTMENTStartupsTechnology
NSIA Rewards Top Nigerian Startups With $280,000 Innovation Prize
The Nigeria Sovereign Investment Authority (NSIA) has awarded a total of $280,000 to promising Nigerian startups at the grand finale of the third edition of its NSIA Prize for Innovation, …
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BusinessDiasporaEconomyEmploymentINVESTMENTNigeriaReal EstateTravel & Tourism
Pelican Valley CEO Says Real Estate Can Cut Nigeria’s Unemployment by 50%
Dr. Babatunde Adeyemo, the Chief Executive Officer of Pelican Valley Nigeria Limited, has said that Nigeria can reduce its unemployment rate by 50 percent if the country embraces real estate …