Nigerian start-ups have ranked third in Africa for attracting investor funding in the first five months of 2025, securing over $162 million in capital. This is according to the latest …
Economy
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AfricaEconomyFinance & ServicesINVESTMENTNigeria
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AviationBusinessEconomyTrade and CommerceTransportation & Logisitics
Global Air Cargo Demand Grows by 5.8% in April
The International Air Transport Association (IATA) has announced a 5.8 per cent increase in global air cargo demand for April 2025 compared to the same period last year, marking another …
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AfricaAFRICA NEWSBusiness and EconomyDevelopmentEconomyInfrastructureInternational RelationsINVESTMENTINVESTMENTManufacturing
Liberia’s V.P. Jeremiah Kpan Koung in Talks with Shandong Officials Over Investment and Equipment Procurement
Shandong, China – June 18, 2025 – Liberia’s Vice President Jeremiah Kpan Koung is scheduled to meet with Shandong Province Governor Zhou Naixiang today amid growing interest from the Chinese …
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AfricaAFRICA NEWSBusinessBusiness PoliciesEconomyFinance & ServicesGOVERNMENTInternational RelationsNatural ResourcesPoliciesWestern Africa
Mali Asserts Control Over Gold Sector Amid Dispute with Barrick Gold
Mali’s military government has intensified efforts to reclaim control over its gold industry, taking significant steps to assert sovereignty and reduce dependence on foreign operators. This move includes the temporary …
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AfricaAviationBusinessEconomyNigeriaTransportation & Logisitics
Aero Contractors CEO Blames Multiple Taxation for Airline Struggles
The Chief Executive Officer of Aero Contractors, Captain Ado Sanusi, has blamed multiple taxation as the biggest challenge facing airlines in Nigeria, describing it as a major factor behind the …
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AfricaAFRICA NEWSBusiness PoliciesEconomyFinance & ServicesGOVERNMENTPoliciesUGANDA
Govt Warns Money Lenders Over High Interest Rates, Illegal Practices
Kampala, Uganda — The Government of Uganda has sounded a strong warning to money lenders operating illegally and charging exorbitant interest rates, saying such exploitative behaviour is worsening poverty and …
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Banking, Finance & InvestmentBusiness and EconomyEconomyFinance & ServicesPoliciesZIMBABWE
RBZ Says ZWG Cash Supplies Are Adequate, But Citizens Say Otherwise
HARARE, Zimbabwe – The Reserve Bank of Zimbabwe (RBZ) insists that it has enough Zimbabwe Gold (ZWG) notes in circulation to meet the country’s economic demands, even as citizens across …
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The Social Democratic Party (SDP) says it is building its grassroots support and preparing for a major political comeback in Ebonyi State and across Nigeria ahead of the 2027 general …
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A Nigerian agro-allied company, Food Industrial Park Limited (FIPL), has signed a Memorandum of Understanding (MoU) with Best Engineering Technologies, a firm based in Hyderabad, India, to offtake essential oils …
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BusinessDevelopmentEconomyNigeriaPoliciesTrade and Commerce
Buy Made in Nigeria Policy Violates AfCFTA Rules
The Nigeria Employers’ Consultative Association (NECA) has raised a strong alarm against the federal government’s “Buy Made in Nigeria Policy.” The policy, according to NECA, directly violates the protocols of …