South Africa’s headline inflation rate remained unchanged at 2.8% year-on-year in May 2025, according to data released on Wednesday by Statistics South Africa. The figure matches the April reading and …
Economy
- BusinessEconomyFinance & ServicesNewsPoliciesSouth Africa
The South African rand saw a slight recovery in early morning trade on Wednesday, ahead of important economic data releases and a key interest rate decision from the United States …
- AFRICA NEWSBusinessEconomyINVESTMENTReal EstateTravel & Tourism
Over R1 Billion Spent by Foreigners on Cape Town Property
International buyers have poured over R1 billion into buying homes and properties in Cape Town, South Africa, in just the first five months of 2025. This was revealed by Seeff …
- EconomyGOVERNMENTInfrastructureINVESTMENTNigeriaPolicies
Nigeria’s Infrastructure Boss Woos Investors
The Director-General of the Infrastructure Concession Regulatory Commission (ICRC), Jobson Ewalefoh, has declared Nigeria open for business and ready for global partnerships, urging both local and international investors to tap …
The International Labour Organisation (ILO) has adopted its first-ever international labour standards aimed at safeguarding workers from biological hazards in the workplace. This historic move is expected to significantly improve …
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has directed that all crude oil and petroleum product exporters must obtain an export permit, vessel clearance, and a Unique Identification Number (UIN) …
- AfricaBusinessDevelopmentEconomyInnovationINVESTMENTNigeriaPoliciesTechnology
Nigeria’s Space Economy Can Add $1bn to GDP Annually
The President of the Abuja Chamber of Commerce and Industry (ACCI), Chief Emeka Obegolu, has said that Nigeria’s space economy has the potential to contribute at least $1 billion yearly …
- AfricaEconomyFinance & ServicesINVESTMENTNigeria
Nigerian Start-Ups Rank Third in Africa, Secure Over $162m
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 …
- 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 …
- 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 …