The Group Chairman of United Bank for Africa (UBA) Plc, Mr. Tony Elumelu, has called on African policymakers to prioritise the creation of a stable and predictable business environment that …
African Economy
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African DevelopmentBusinessEconomyGovernanceINVESTMENTLeadership
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AfricaFinanceInnovationINVESTMENTStartupsTechnology
African Startups Near 2024 Record with $2.2bn Raised So Far in 2025
African startups are on track to surpass their total fundraising record from last year, having already secured more than $2.2 billion in 2025, excluding exits. This was revealed in the …
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AfricaBusinessEconomyFinanceInnovationTechnology
Unstoppable Africa 2025: New AI and Investment Initiatives Put Africa on Global Innovation Map
New York, September 22, 2025 – Africa took major steps towards positioning itself at the centre of global innovation as new projects and initiatives were announced at the Unstoppable Africa …
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AfricaBusinessEconomyFinanceInsuranceINVESTMENT
Africa Re Records $102m Profit as Premiums Grow 15% in First Half of 2025
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 …
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AfricaBankingBusinessEconomyForex TradingTrade
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 …