Zambia, one of Africa’s largest copper-producing nations, may soon feel the heat of fresh U.S. trade policies after President Donald Trump announced a 50% tariff on all copper imports starting …
Category:
Economy
- AviationBusinessEconomyTransportation
IATA Raises Alarm Over Aviation Safety, Blocked Funds in Africa
The International Air Transport Association (IATA) has raised serious concerns over the state of aviation safety in Africa, revealing that 46 out of 48 countries in Sub-Saharan Africa have not …
- EconomyGOVERNMENTHousingInfrastructureReal EstateUrban Development
Nigeria Announces N70 bn Urban Housing Fund to Reduce Deficit
The Federal Government of Nigeria has raised over N70 billion to fund large-scale housing developments across urban centres in the country, using Public-Private Partnerships (PPPs) as a major source of …
- AgricultureEconomyEnvironmentGOVERNMENTHumanitarianInsurance
Malawi Gets $3.3m Drought Insurance Payout to Support Hunger Crisis
The Government of Malawi has received a $3.3 million (about K6 billion) insurance payout from the African Risk Capacity (ARC) to help cushion the impact of the ongoing drought crisis …
- AFRICA NEWSEconomyGOVERNMENTProtestsSocial IssuesTransportation
Taxi Drivers’ Strike Brings Luanda to a Halt Over Fuel Price Hike
The capital city of Angola, Luanda, has been brought to a virtual standstill after candongueiro (minibus taxi) drivers launched a three-day strike on Monday, 28th July 2025. The protest was …
- CommoditiesEconomyFinance & ServicesGOVERNMENTInternational AffairsTrade and Commerce
Ghana Records $5.57 bn Trade Surplus in H1 2025
Ghana’s economy recorded a major boost in the first six months of 2025, as the country posted a trade surplus of $5.57 billion, according to fresh data from the Bank …
- BusinessEconomyHealthcareINVESTMENTStartupsTechnology
W Health Ventures Plans $100 m for Indian Health Startup Growth
W Health Ventures, a health-focused investment company, is planning to raise a new fund of $70 million (about ₦105 billion) with a possibility of going as high as $100 million …
- BankingClimateDevelopmentEconomyEnvironmentGovernance
Bank of Ghana Moves to Enforce Climate Risk Policies in Banks
The Bank of Ghana (BoG) has taken a bold step towards a greener and more sustainable financial sector by calling on banks across the country to fully adopt the Ghana …
- BusinessCorporate NewsEconomyFinance & ServicesNigeria
Transcorp Power Declares N11.25bn Dividend on Strong Earnings
Transcorp Power Plc, the electricity generation arm of Transnational Corporation Plc (Transcorp Group), has posted strong financial results for the first half of the year ended June 30, 2025. The …
The Corporate Affairs Commission (CAC) has announced plans to remove about 100,000 dormant companies from its official register for failing to comply with the Companies and Allied Matters Act (CAMA), …