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 …
AgricultureEconomyEnvironmentGOVERNMENTHumanitarianInsurance
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Economy
- 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), …
- BusinessEconomyInfrastructureManufacturingTrade & Investment,
Dangote Cement Posts N520.5bn Profit in H1 2025
Dangote Cement Plc, Africa’s largest cement producer, has recorded a massive N520.5 billion profit after tax for the first half of 2025, according to its unaudited financial results released to …
- BusinessEconomyInfrastructureMobile Telecommunications Network (MTN)SecurityTechnologyTelecommunications
Fibre Cuts, Vandalism Cost MTN N17.6bn in Network Losses
Between January and June 2024, telecoms giant MTN Nigeria faced over 13,700 fibre cuts across the country, severely affecting network quality and leading to massive financial losses. The company’s Chief …
- EconomyInfrastructureMiningNatural ResourcesPolitics
Libya’s Dbeibah Seeks Mining Overhaul to Unlock Resources
Libya’s Prime Minister, Abdulhamid Dbeibah, has directed fresh attention toward revamping the country’s mining industry by calling for urgent reforms, data transparency, and project coordination under the government’s “Reviving Life” …