South Africa’s government is set to change the rules for foreign communications companies, potentially allowing firms like Elon Musk’s Starlink to operate more freely in the country. The new draft …
INVESTMENT
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EconomyINVESTMENTPoliciesSouth AfricaTelecommunications
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AfricaAgricultureEconomyFinance & ServicesINVESTMENTPoliciesZAMBIA
Zambia Keeps Interest Rate Steady at 14.5% as Inflation Forecast Improves
Zambia’s Central Bank has decided to keep its main interest rate unchanged at 14.50 percent. This decision comes after two recent hikes in the rate aimed at controlling high inflation …
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DevelopmentEconomyEntrepreneurshipInfrastructureInnovationINVESTMENTPoliciesTechnologyTrade and Commerce
Africa Rallies Around Digital Trade at Inaugural AfCFTA Digital Trade Forum in Lusaka
The Inaugural AfCFTA Digital Trade Forum, held from May 8–10, 2025, in Lusaka, Zambia, has set the stage for the continent’s operational phase of a unified digital single market, with …
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AfricaBusinessEconomyFinance & ServicesInnovationInsuranceINVESTMENTNigeria
Sanlam and Allianz Set to Finalize Merger in Nigeria, Reshaping Insurance Landscape
Two of the most prominent players in global and African insurance and financial services, Sanlam and Allianz, appear poised to complete the anticipated merger of their operations in Nigeria, marking …
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BusinessEconomyFinance & ServicesInsuranceINVESTMENTNewsNigeria
AM Best Assigns “B+” Credit Rating to Linkage Assurance Plc, Outlook Stable
Linkage Assurance Plc, a key player in Nigeria’s non-life insurance sector, has received a Long-Term Issuer Credit Rating (ICR) of “B+” (Good) from AM Best, a renowned global credit rating …
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AgricultureBusinessEconomyInfrastructureINVESTMENTManufacturingTrade and Commerce
Dangote Group Partners with Niger State to Boost Rice Production, Launches Multi-Billion Naira Rice Mill Project
The Dangote Group has launched a multi-billion naira agricultural partnership with the Niger State Government, marking a significant step towards enhancing rice production and securing food self-sufficiency in Nigeria. Announced …
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DevelopmentEconomyGOVERNMENTInfrastructureInnovationINVESTMENTPolicies
Nigeria’s Telecom Sector to Get $1 Billion Boost as Minister Tijani Promises Better Services by Q3 2025
Nigeria’s telecommunications sector is gearing up for a major turnaround as the Minister of Communications and Digital Economy, Dr. Bosun Tijani, has announced a $1 billion investment in network equipment—a …
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DevelopmentEconomyEntrepreneurshipGOVERNMENTInnovationINVESTMENTNigeriaTechnology
Katsina Will Be Nigeria’s Innovation Hub by 2030 — Governor Radda Declares at Arewa Tech Fest 2.0
Katsina State Governor, Dikko Umaru Radda, has boldly projected that Katsina will emerge as Nigeria’s innovation hub by the year 2030, attributing this to several technology-driven policies and initiatives being …
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BusinessEconomyFinance & ServicesGOVERNMENTInfrastructureINVESTMENTMarketsNigeria
FG Offers N300bn Bonds in May Auction to Raise Funds for 2025 Budget
The Debt Management Office (DMO) has announced the public offering of N300 billion worth of Federal Government of Nigeria (FGN) bonds for subscription through auction, as part of the government’s …
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EconomyEnergyGOVERNMENTINVESTMENTLeadershipNigeriaOil & Gas
Tinubu Charges New NNPC Board to Drive Economic Transformation, Boost Oil Output
President Bola Ahmed Tinubu has tasked the newly inaugurated board of the Nigerian National Petroleum Company Limited (NNPCL) with the critical responsibility of using their industry experience and expertise to …