The Rwanda Development Board (RDB) has released its 2024 Annual Report, showing strong economic progress and major wins for the East African country. The report highlights key achievements across investments, …
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AFRICA NEWSBusiness and EconomyDevelopmentEastern AfricaGOVERNMENTRWANDARwanda DailyTravel & Tourism
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BusinessDangote IndustriesFinance & ServicesNigeria
Dangote Cement Posts N209.2bn Profit in Q1 2025, Reflecting Strong Growth Despite Macroeconomic Challenges
Dangote Cement Plc has posted a remarkable profit after tax of N209.2bn for the first quarter ended 31 March 2025, marking an 85.7 per cent increase from the N112.7bn recorded …
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BusinessEconomyInternational RelationsPoliticsTrade and Commerce
Trade Among Yourselves to Survive Trump’s Tariff, Ecobank Boss Advises Nigeria
The Chief Executive Officer of Ecobank Transnational Inc., Mr. Jeremy Awori, has called on Nigeria and other African countries to increase trade among themselves in order to reduce the possible …
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BusinessEconomyManufacturingPolitics
South Africa’s Manufacturing Sector Faces Challenges but Sees Slight Improvement
In March, South Africa’s manufacturing sector continued to face challenges, according to the latest Purchasing Managers’ Index (PMI) survey. The index, which measures the performance of the manufacturing industry, showed …
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AfricaAFRICA NEWSBusinessEgyptFood ProductionNewsNorthern Africa
Egyptian food exports rise 2.4% in H1
Egyptian exports of food industries grew by around 2.4% year-on-year (YoY), or $51 million, during the first half of 2022, recording $2.169 billion. This was disclosed in a report by the Food …
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BusinessEntrepreneurshipINVESTMENTManufacturing & Consumer Goods
Tanzania hits traders with nearly double export fees
Tanzania has doubled the cost of export permits by 93 percent, a move likely to open another round of trade dispute between Nairobi and Dar es Salaam. The authorities in …