HARARE, ZIMBABWE — Zimbabwe and Zambia have signed a landmark Memorandum of Understanding (MoU) to develop a new cross-border pipeline for the transportation of refined petroleum products, marking a key …
Development
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DevelopmentEnergyInfrastructureSouthern AfricaTrade and CommerceTransportation & LogisiticsZAMBIA
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BusinessDevelopmentEconomyEnergyInfrastructureINVESTMENTPoliciesTrade and Commerce
Zimbabwe to Ban Export of Lithium Concentrate by 2027
HARARE, ZIMBABWE – The government of Zimbabwe has announced that it will stop all exports of lithium concentrate starting January 2027. This is part of its broader plan to boost …
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DevelopmentFinance & ServicesGOVERNMENTPolicies
Ethiopia Establishes Disaster Risk Response Fund Amid Global Aid Cuts
Parliament has voted to establish the Ethiopian Disaster Risk Response Fund, in a landmark move designed to reduce the country’s growing reliance on foreign aid in the face of recurring …
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AgricultureAviationDevelopmentEconomyInfrastructureTransportation & Logisitics
Ethiopian Airlines Dominates Africa’s Air Cargo Market With 35% Share
Ethiopian Airlines has emerged as the biggest cargo carrier on the African continent, now controlling a whopping 35 percent of the cargo market, according to a new report from the …
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Banking, Finance & InvestmentDevelopmentEconomyInfrastructureINVESTMENTTrade and Commerce
Afreximbank Facilitates $32 Billion in Ethiopian Trade Payments in 2024
The African Export-Import Bank (Afreximbank) has announced it facilitated a record USD 32 billion in international trade payments for Ethiopian businesses in 2024, through its AfPAY Trade Payment Services platform. …
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DevelopmentEconomyFinance & ServicesInternational RelationsLeadershipWestern Africa
AfDB Governors to Choose Adesina’s Successor as Presidency Winds Down
The 60th Annual Meetings of the Board of Governors of the African Development Bank (AfDB) have wrapped up in Abidjan, Côte d’Ivoire, with one of the top items on the …
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Business and EconomyDevelopmentInfrastructureInnovationTelecommunications
Econet Bounces Back Strong With ZWG2.3bn Profit, Powered by Innovation and AI.
Econet Wireless Zimbabwe, the country’s top telecoms and digital services company, has recorded a strong comeback after years of pressure, posting a ZWG2.3 billion profit for the financial year ending …
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BusinessDevelopmentFinance & ServicesInnovationInsuranceLeadershipTechnology
NicozDiamond Celebrates 60 Years of Insurance Excellence, Resilience, and Innovation.
NicozDiamond Insurance Limited, one of Zimbabwe’s oldest and most respected insurance companies, has marked its 60th anniversary with a grand event at Siyekhaya Estate in Borrowdale, Harare. The celebration, themed …
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DevelopmentEnergyINVESTMENTNigeriaTrade and Commerce
Nigeria-Vietnam Chamber Partners Vietnamese Firm to Promote Renewable Energy Solutions
The Nigeria-Vietnam Chamber of Commerce and Industry (NVCCI) has announced a strategic collaboration with a Vietnamese Joint Stock Company focused on delivering sustainable renewable energy technologies, in a move aimed …
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AfricaDevelopmentEnergyInternational RelationsLeadershipNigeria
NGA President Akachukwu Nwokedi Appointed as Africa Regional Coordinator
The President of the Nigerian Gas Association (NGA), Mr. Akachukwu Nwokedi, has been appointed as the Regional Coordinator for Africa by the International Gas Union (IGU), marking a significant milestone …