South Africa’s rand held steady on Tuesday as investors waited for key events later in the week, including the national budget speech and a meeting between President Cyril Ramaphosa and …
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US-Backed Deal May Allow Congo Minerals to Be Legally Processed in Rwanda Amid Peace Talks
Efforts to resolve the conflict between the Democratic Republic of Congo (DRC) and Rwanda may soon see Congolese minerals such as tungsten, tantalum, and tin legally exported to Rwanda for …
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CBN Denies Report of Distress in Nigerian Bank, Says Banking System Is Safe
The Central Bank of Nigeria (CBN) has denied social media and online reports suggesting that one of the banks under its regulation is facing distress. In a statement released on …
- EconomyEnergyINVESTMENTManufacturingManufacturing & Consumer GoodsMarketsNigeria
Nigeria’s Brewery Sector Records N1.9tn Revenue in 2024, Signals Recovery Despite High Costs – Afrinvest
Nigeria’s brewery industry bounced back in 2024 with a remarkable 71.8 per cent year-on-year rise in revenue, hitting ₦1.9 trillion. This performance exceeded the earlier forecast of 39.2 per cent …
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Dantsoho’s Leadership at NPA Driving Export Growth, Port Reforms
The Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, is gaining praise for reforms that are transforming the agency and aligning it with the Federal Government’s economic …
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Festus Keyamo Urges African Nations to Take Action on Single African Air Transport Market
Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, has urged African countries to go beyond policy declarations and take real steps towards implementing the Single African Air Transport Market …
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Top 10 Cybersecurity Threats Facing Small Businesses in 2025 and How to Prepare
Small businesses are the backbone of economies, yet they often face a disproportionate share of cyberattacks. In 2025, the threat landscape is more complex and aggressive than ever, with cybercriminals …
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Innovate Africa Fund, LSETF Plan to Train 500 Tech Innovators for Africa’s $500bn Product Ecosystem
Innovate Africa Fund and the Lagos State Employment Trust Fund (LSETF) have announced a joint plan to train over 500 tech innovators to participate actively in Africa’s growing product ecosystem, …
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LivingTrust Mortgage Bank Wins DBN Innovation Award for Supporting Small Businesses in 2024
LivingTrust Mortgage Bank Plc has been honoured with the Development Bank of Nigeria (DBN) Innovation Award in the Other Financial Institution (OFI) category for the financial year 2024. This award, …
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From Local Challenges to Global Solutions: How African Startups Are Attracting World Attention
Africa’s startup ecosystem is no longer a nascent curiosity; it’s a vibrant, innovative powerhouse rapidly gaining global recognition and attracting significant international investment. Once overlooked, the continent is now celebrated …