Kenyan lawmakers have approved a new bill to regulate digital assets such as cryptocurrencies, marking a major step towards providing legal clarity for the country’s growing financial technology sector. The …
Banking, Finance & Investment
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AfricaCryptocurrencyEconomyFinanceInnovationINVESTMENTLawTechnology
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Debt Management,EconomyFinanceGOVERNMENTInternationalINVESTMENTWestern Africa
Senegal’s Bonds Drop as Moody’s Downgrades Credit Rating Over Debt Concerns
Senegal’s international bonds fell sharply on Monday after Moody’s Investors Service downgraded the West African nation’s credit rating, warning that it was becoming less certain the country would be able …
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BusinessEconomyGlobal DevelopmentInfrastructureINVESTMENTTechnology
Google to Invest $15 Billion in Building Massive AI Hub in Southern India
Google has announced a major $15 billion investment plan to build a new data centre hub dedicated to artificial intelligence (AI) development in southern India. The project, which will be …
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African DevelopmentChina-Africa RelationsDiplomacyGender EqualityGovernanceINVESTMENT
Mahama Arrives China for State Visit, to Attend Global Women Leaders’ Meeting
President John Dramani Mahama of Ghana and his wife, First Lady Mrs Lordina Mahama, have arrived in Beijing, China, for a state visit at the invitation of Chinese President Xi …
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AfricaFinanceInnovationINVESTMENTStartupsTechnology
African Startups Near 2024 Record with $2.2bn Raised So Far in 2025
African startups are on track to surpass their total fundraising record from last year, having already secured more than $2.2 billion in 2025, excluding exits. This was revealed in the …
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BusinessCapital MarketEconomyFinanceINVESTMENTNigeria
NGX extends rally as investors gain ₦786bn amid strong performance in Seplat
Investors in the Nigerian Exchange Limited (NGX) kicked off the week on a positive note as bullish trading on Monday lifted the market capitalisation by ₦786bn to close at ₦91.9tn, …
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The Chairman of Global Infrastructure Partners (GIP), Adebayo Ogunlesi, has expressed strong confidence in President Bola Ahmed Tinubu’s ongoing economic reforms, describing them as a solid foundation for renewed international …
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BusinessCorporate GovernanceEconomyFinanceInsuranceINVESTMENTNigeria
Prestige Assurance Records 51% Growth in Premium, Withholds Dividend Amid Recapitalisation Plans
Prestige Assurance Plc has announced a 51 per cent increase in its gross written premium for the 2024 financial year, highlighting its resilience in a challenging operating environment. The company’s …
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BusinessEconomyEnergyInternational RelationsINVESTMENTTrade
Nigeria to Showcase Investment Opportunities at Türkiye-Africa Business and Economic Forum 2025
Nigeria will take a central role at the Türkiye-Africa Business and Economic Forum (TABEF) 2025 as the Chairman of the Nigeria-Türkiye Business Council (NTBC), Mr. Dele Oye, leads the country’s …
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BankingCapital MarketEconomyINVESTMENTNewsNigeria
Investors Seen Trading Cautiously Ahead of Bond Auction, Say UBA Dealers
Traders at United Bank for Africa (UBA) have projected that cautious investor sentiment will continue to dominate the Nigerian fixed income market this week as attention shifts to Monday’s bond …