Angola has found itself in the news again over its rising financial pressures, as a $200 million margin call from U.S. banking giant JPMorgan Chase & Co. has exposed the …
International Relations
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NTSB Blames Pilot Disorientation, Safety Lapses for Helicopter Crash That Killed Herbert Wigwe, Family
The National Transportation Safety Board (NTSB) of the United States has officially linked the tragic helicopter crash that claimed the lives of Herbert Wigwe, former Group CEO of Access Holdings …
- EconomyEnergyFinance & ServicesGOVERNMENTInternational RelationsManufacturingMarketsSouth AfricaTrade and Commerce
Rand Slips Ahead of Manufacturing Data as Analysts Watch Power, Ports, and Global Signals
The South African rand lost a bit of ground in early trading on Thursday, May 8, as traders waited for the country’s latest manufacturing output figures. According to market data, …
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Heidelberg Materials Records Strong Q1 Profits, Credits Growth in Africa
Heidelberg Materials, one of the world’s top cement producers, has started the 2025 financial year on a solid note, with better-than-expected earnings in the first quarter. The German company, which …
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Kenya Rules Out New Taxes in 2025/2026 Budget After Deadly Protests
Kenya’s government has said it will not introduce new taxes or increase current ones in the 2025/2026 budget. This announcement comes after last year’s deadly protests forced President William Ruto’s …
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U.S.-Africa Business Summit to Hold in Angola as Stakeholders Discuss Economic Growth and Trade Opportunities
The 17th edition of the U.S.-Africa Business Summit will hold in Luanda, the capital of Angola, from June 22 to 25, 2025. The event is expected to bring together top …
- DevelopmentEconomyFinance & ServicesGOVERNMENTInternational RelationsNigeriaPoliciesWestern Africa
Policy Think Tank Faults IMF’s Economic Outlook on Nigeria, Backs FG’s Growth Target
The Independent Media and Policy Initiative (IMPI) has expressed disagreement with the International Monetary Fund (IMF) over its latest economic growth forecast for Nigeria. The IMF had recently revised its …
- EconomyGOVERNMENTInternational RelationsPoliticsSouth AfricaSouthern Africa
ANC and DA Clash Over Employment Equity Law in South Africa
The African National Congress (ANC) has come out strongly against the Democratic Alliance (DA) for taking legal action against the new Employment Equity Amendment Act, saying the move is against …
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LONGi Solar Expands Global Reach with Latin American Solar Project
A Chinese solar technology company, LONGi Solar, has entered into a major partnership to support Latin America’s move towards renewable energy. The company’s European branch will supply over 100 megawatts …
- AfricaArts & CultureBusinessFood ProductionInnovationInternational RelationsManufacturing
African Spirit Brands Step into Global Market with Local Flavour and Bold Packaging
Some African distillers are now turning traditional drinks into modern, premium products that are catching international attention. These new players in the global market are not only rebranding age-old local …