The African Reinsurance Corporation has reported a strong financial performance for the first half of 2025, with Gross Written Premium rising by 15.31 per cent to $644.30 million, up from …
African Economy
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AfricaBusinessEconomyFinanceInsuranceINVESTMENT
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African Currencies Show Mixed Outlook as Ghana’s Cedi Faces More Pressure
African currencies are set for a mixed performance in the coming week, with Ghana’s cedi expected to weaken further against the dollar, while the shilling in Kenya, the naira in …
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AfricaBusinessEconomyLeadershipTechnology
Apex COO Says Fewer Than 10 Nigerian Companies Have Survived 100 Years
The Chief Operating Officer of Apex Network, Joy Alabi-Hundeyin, has said that fewer than 10 companies in Nigeria have been able to stay in operation for more than 100 years. …
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AfricaBusinessEconomyFinance & ServicesGOVERNMENTInfrastructureInternational Relations
Cameroon Government to Take Over Societe Generale Subsidiary
In a major move that signals increased government involvement in the financial sector, French banking giant Societe Generale has agreed to sell the majority of its shares in its Cameroon …
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Digital EconomyEconomyFinance & ServicesInfrastructureINVESTMENTTrade and Commerce
AfCFTA Targets $712 Billion Digital Trade Market
Africa is preparing to enter a new phase of digital transformation through the African Continental Free Trade Area (AfCFTA), aiming to access a digital trade market worth $712 billion by …
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AfricaAFRICA NEWSBusiness and EconomyBusiness PoliciesEconomyFinance & ServicesGOVERNMENTInternational RelationsINVESTMENTPolicies
Africa to Launch Own Credit Rating Agency to Boost Financial Sovereignty
Africa is set to establish its own credit rating agency, the African Credit Rating Agency (AfCRA), as part of a bold move to challenge the dominance of global rating giants …
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BusinessEconomyFinance & ServicesGOVERNMENTInfrastructureTechnology
Nigeria Hosts 2025 AMEDA Conference for the First Time, Focuses on Financial Market Development
In a landmark event for Nigeria’s financial sector, the country successfully hosted the 2025 Africa and Middle East Depositories Association (AMEDA) Conference for the first time in history. The two-day …
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AfricaBusinessEconomyFinance & ServicesInnovationMarketsNigeria
Nigeria’s X3M Ideas Breaks Barriers, Ranks 31st on Financial Times’ 2025 List of Africa’s Fastest-Growing Companies
Nigerian creative powerhouse X3M Ideas has earned a coveted spot on the Financial Times of London’s prestigious 2025 list of Africa’s Fastest-Growing Companies, emerging 31st among 130 top-performing firms across …
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AfricaBusinessBusiness InsightsFinance & ServicesINVESTMENTMarketsReal Estate
Real Estate Private Equity vs. REITs: Where Should Professionals Invest?
You’re a real estate professional in Africa, eyeing significant opportunities. The question isn’t if you should invest, but how. By 2025, two major players stand out: Real Estate Private Equity …
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President of African Development Bank (AfDB), Dr Akinwumi Adesina, has raised alarm over the huge economic losses Africa is facing due to climate change. He said the continent is currently …