The Nigerian Government has initiated a plan to change how people borrow money. Soon, every loan taken in Nigeria will be connected to the borrower’s National Identification Number (NIN). This …
Africa’s richest man and President of the Dangote Group, Alhaji Aliko Dangote, has been honoured with the 2024 African Business Icon of the Year award by Champion Newspapers, in recognition …
Many African brands are now making efforts to regain the trust and loyalty of African consumers who have for years preferred foreign brands. Across the continent, foreign products from Europe, …
Uganda has started a major project to improve its coffee industry and increase earnings from processed coffee products. The project, called the Africa Coffee Park, is being developed in Ntungamo …
Sundry Markets Limited (SML), the operator of the well-known Marketsquare supermarket chain, has again earned a place among Africa’s fastest-growing companies, according to the 2025 ranking. This is the second …
Dr Sidi Ould Tah, a renowned economist and national of Mauritania, has been elected as the new President of the African Development Bank (AfDB). He will take over from Nigeria’s …
Uganda Airlines has launched a new air cargo corridor connecting Nigeria to East and Southern Africa, aiming to facilitate Nigerian exports into the African Continental Free Trade Area (AfCFTA) market. …
The Sahara Group Foundation has launched the ‘Making A Difference Around Africa’ (MADAA) Reloaded initiative, aiming to empower African entrepreneurs and innovators who utilize local resources to address societal challenges. …
The Central Bank of Kenya (CBK) has announced that it will lift the moratorium on the licensing of new commercial banks after almost ten years. This decision, set to take …
The Organised Private Sector (OPS) has urged the Central Bank of Nigeria (CBN) to reduce the Monetary Policy Rate (MPR) from its current 27.50 per cent to encourage economic growth. …