In a move that is already shaking international trade, United States President Trump has officially implemented a new set of tariffs targeting dozens of countries. The new levies, which came …
Business
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BusinessDiplomacyEconomic PolicyInternational TradePoliticsTariffs
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African EconomyBusinessEnergyGovernment ProjectsIndustrial DevelopmentInfrastructure
Cameroon Begins Power Line Project to Boost Industrial Power Supply
Cameroon has taken another major step in boosting electricity supply to its key industries, especially in the southern region. On August 6, 2025, the country’s Minister of Water and Energy, …
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BusinessEconomyFinanceInternationalINVESTMENTMarkets
DeVere CEO Urges Investor Diversification Amid Uncertainty
In a strong warning to investors, the Chief Executive Officer of deVere Group, Mr Nigel Green, has advised global investors, especially those heavily invested in the United States, to urgently …
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GCB Bank, Ghana’s biggest indigenous financial institution, has received two major honours at the 2025 Project Management Excellence Awards. The bank was recognised for its outstanding work in rolling out …
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BusinessEconomyMedia RegulationPoliticsTechnology
Economist Supports DSTV Price Cuts, Blasts Pay-TV Monopoly
A respected Ghanaian economist, Mr. Appiah Kusi Adomako, has thrown his weight behind Communications Minister Sam George’s demand for a reduction in DSTV subscription prices, calling out MultiChoice Ghana for …
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AFRICA NEWSBankingBusinessEconomyFinanceMergers and Acquisitions
FDH Bank to Acquire Ecobank Mozambique in Expansion Drive
FDH Bank Plc has taken a bold step in its ambition to become a key player in Africa’s financial sector by announcing the acquisition of a controlling 98.87% stake in …
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BusinessDigital EconomyStartupsTechnologyWestern Africa
Yango Opens Africa Regional Headquarters in Abidjan
Yango Group, a technology company based in the United Arab Emirates, has opened a new regional headquarters in Abidjan, Côte d’Ivoire, as part of its plan to expand digital services …
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BusinessCapital MarketEconomyFinance & ServicesManufacturingOil & Gas
Aliko Dangote’s Wealth Hits $29.3bn, Now 72nd Richest Person Globally – Bloomberg
Africa’s richest man, Aliko Dangote, has seen his personal fortune grow to $29.3 billion as of August 5, 2025, according to the Bloomberg Billionaires Index. This latest ranking places him …
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AviationBusinessEconomyInfrastructureNewsTechnology
Elin Air Completes First-Ever 7,800-Landing Check on Challenger Jet in Nigeria
Elin Air and Aviation Services has successfully completed a major 7,800-landing maintenance check on a Bombardier Challenger CL604 aircraft at its hangar in Nigeria. This marks the first time such …
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BusinessCapital MarketEconomyFinance & ServicesNewsNigeriaOil & GasRegional Cooperation
Conoil Records Sharp Drop in Half-Year Profit as Revenue and Costs Take a Toll
Conoil Plc, one of Nigeria’s oldest petroleum marketing companies, has reported a significant drop in its profit after tax for the half-year period ended June 30, 2025. According to the …