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 …
Policies
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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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DevelopmentEducationEntrepreneurshipInnovationPoliciesTechnology
Project iCommunity Equips Over 750 Students with AI and Digital Skills Across Underserved Nigerian Communities
As digital technology continues to define global progress, timely investment in children’s digital literacy is now seen as a vital step toward preparing the next generation for future challenges. To …
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BusinessEconomyGOVERNMENTManufacturingPoliciesTrade and Commerce
Innoson Boss Backs Nigeria-First Policy, Says It Will Revive Local Industry and Attract Global Investors
Founder of Innoson Vehicle Manufacturing Company Ltd (IVM), Chief Innocent Chukwuma, CON, has applauded the Federal Government’s newly approved Nigeria-First policy, stating that it has the potential to transform Nigeria’s …
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DevelopmentEconomyGOVERNMENTInfrastructureManufacturingPoliciesTrade and Commerce
FG to Establish Industrial Hubs in Kano, Abia, Lagos, and Ogun to Boost Nigeria’s Manufacturing Sector
The Federal Government of Nigeria has announced plans to establish industrial hubs in Kano, Abia, Lagos, and Ogun states as part of its strategy to drive economic transformation and industrialisation …
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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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AfricaAFRICA NEWSAviationBusinessEconomyInfrastructurePoliciesTravel & Tourism
Nigerians Defy Visa Hurdles as International Travel Projected to Earn More in 2025
Despite the tightening of visa requirements by countries like the United States, the United Kingdom, and several Schengen states, industry experts predict that international travel from Nigeria will generate higher …
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Banking, Finance & InvestmentBusinessBusiness InsightsBusiness PoliciesEconomyFinance & ServicesGOVERNMENTMarketsOil & GasPolicies
CBN Holds Interest Rate Steady Amid Stronger FX Stability and Rising Reserves
The Central Bank of Nigeria (CBN) has decided to keep its interest rate steady at 27.5 per cent. This decision was announced after the bank’s 300th Monetary Policy Committee (MPC) …
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Banking, Finance & InvestmentEconomyFinance & ServicesGOVERNMENTNigeriaPolicies
Federal Government Inaugurates New AMCON Board, Sets Timeline for Wind-Down
The Federal Government has officially inaugurated a new Board of Directors for the Asset Management Corporation of Nigeria (AMCON), with a strong message to focus on recovering assets and begin …