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 …
African Economy
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AfricaBusinessEconomyFinance & ServicesInnovationMarketsNigeria
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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 …
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AFRICA NEWSDevelopmentEconomyFinance & ServicesInfrastructureINVESTMENTLeadershipPolitics
Race Tightens for AfDB President as Five Candidates Share Plans for Africa’s Future
The race to lead the African Development Bank (AfDB) is getting hotter as the date for the election draws near. The current president of the bank, Nigeria’s Dr. Akinwumi Adesina, …
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AfricaDevelopmentEconomyGOVERNMENTInternational Relations
Senator Jimoh Ibrahim Urges World Bank, IMF to Prioritise Data for Africa’s Growth
The senator representing Ondo South and Chairman of Global Fleet Group, Jimoh Ibrahim, has stressed the need for Africa to embrace data-driven development to boost its economy and governance. Speaking …
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BusinessDevelopmentEconomyInternational Relations
ICYMI: World Bank appointment: I’m honoured, says Dangote
Africa’s richest man and President of Dangote Group, Aliko Dangote, has expressed happiness over his recent appointment into the World Bank’s Private Sector Investment Lab. This group was created to …
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EconomyEgyptFinance & ServicesGOVERNMENTInternational RelationsNorth Africa
Egypt’s External Debt Drops by $12.9 Billion in 2024 – Reforms Credited for Major Relief
Egypt has recorded its biggest drop in external debt in history, reducing its foreign debt burden by about US$12.9 billion in 2024. This brings the total to $155.093 billion by …
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Business and EconomyEnergyLibyaNorth AfricaPolitics
Libya Set to Launch First Oil Exploration Bid in 17 Years
Libya has announced plans to hold its first oil exploration bidding round in nearly two decades, a major step towards reviving its energy sector. The announcement was made on Monday …
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AfricaBusiness and EconomyLesothoTrade and Commerce
Lesotho’s Textile Industry Under Threat as U.S. Slams 50% Tariff
Thousands of jobs in Lesotho’s textile industry may be at risk following the new 50% tariff imposed by the United States under the leadership of President Donald Trump. The small …