Ethiopia’s economy is expected to grow by 8.9% in the upcoming fiscal year, a slight increase from this year’s estimated 8.4%, according to projections presented by the country’s Finance Minister …
Economy
-
Eastern AfricaEconomyEthiopiaGOVERNMENTPolicies
-
EconomyGOVERNMENTMarketsPoliticsSouth Africa
Rand Edges Up as South African Parliament Prepares Budget Vote.
The South African rand opened slightly stronger on Wednesday morning as anticipation built around a crucial parliamentary vote on key budget legislation that could shape investor confidence and influence local …
-
AFRICA NEWSAgribusinessEconomyTrade and Commerce
South African Macadamia Farmers Face U.S. Tariff Threat, Seek New Markets in India and Beyond.
South African macadamia nut farmers are bracing for a major economic shake-up as the United States considers implementing steep import tariffs that could significantly impact the country’s lucrative nut exports. …
-
AfricaEconomyEnergyEnvironmentInfrastructureNigeriaTechnologyTelecommunications
Rising Diesel Costs Worsen Telecom Challenges in Nigeria
Nigeria’s telecommunications industry is under heavy financial pressure due to its growing reliance on diesel-powered generators, with operators spending more than $350 million (over ₦500 billion) annually to fuel their …
-
AfricaDevelopmentEconomyEntrepreneurshipInternational RelationsINVESTMENTNigeriaPoliciesTrade and Commerce
Ohuabunwa Criticises Government’s Lukewarm Trade Policy
Founder and former CEO of Neimeth Pharmaceutical, Mazi Sam Ohuabunwa, has criticised the Nigerian government for its slow and disinterested approach to trade and franchising, warning that the lack of …
-
DevelopmentEconomyInfrastructureInnovationLeadershipPoliciesTechnology
Africa Must Scale Innovation, Infrastructure to Compete Globally.
Africa’s long-term economic growth and global competitiveness hinge on scaling local innovation and strengthening infrastructure, experts said at the 2025 Africa Soft Power Summit, which recently concluded in Nairobi, Kenya. …
-
CorruptionDevelopmentEconomyGOVERNMENTNigeriaReal Estate
Housing Experts Back EFCC’s Claim on Abuja Luxury Properties Owned by Civil Servants
Stakeholders in Nigeria’s housing sector have supported the recent claim by the Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ola Olukoyede, who said many of the luxurious …
-
AfricaBusinessDevelopmentEconomyEntrepreneurshipLeadershipNews
Aliko Dangote Named 2024 African Business Icon of the Year.
Africa’s richest man and President of the Dangote Group, Alhaji Aliko Dangote, has been honoured with the 2024 African Business Icon of the Year award by Champion Newspapers, in recognition …
-
Banking, Finance & InvestmentBusinessDevelopmentEconomyNews
Keystone Bank Wins ‘Most Friendly SME Bank of the Year 2024’ at Champion Newspapers Awards.
Keystone Bank Limited has added another feather to its cap after emerging as the “Most Friendly SME Bank of the Year 2024” at the Champion Newspapers Annual Awards, held over …
-
AfricaBusinessDevelopmentEconomyInfrastructureInnovationPolitics
Leaders Call for African Solutions, Stronger Infrastructure
African business and political leaders have said the continent must invest more in local innovation, reliable infrastructure and cross-sector partnerships to drive long-term economic growth. The call was made at …