AfDB Approves $304M Loan to Botswana to Support Economic Reforms & Tackle Fiscal Deficit
The African Development Bank (AfDB) has approved a $304 million loan to Botswana to help the country manage growing fiscal pressures and implement critical governance and economic reforms. The loan,…
Business
Nigeria Approves Chinese EV Plants to Boost Local Industrialisation, Lithium Value Chain
Nigeria has approved plans for Chinese electric vehicle (EV) factories in a bid to accelerate industrialisation and promote local value…
Africa CEO Forum: African Leaders Tackle Unity, Peace, Economy at Presidential Panel
ABIDJAN – African leaders addressed themes of continental unity, self-reliance, peace processes, and the role of the private sector during a…
Africa CEO Forum opens in Abidjan with 2,800 leaders seeking new public-private deal
ABIDJAN — The Africa CEO Forum 2025 opened in Abidjan on Monday, bringing together over 2,800 public and private decision-makers…
Why SoftPOS and mPOS are the key to unlocking financial inclusion in Egypt and remains a largely untapped driver of new revenue streams and growth within the financial sector
Rising from the midst of an informal economy and low bank account usage, Egypt’s financial sector has experienced a doubling…
Ethiopian Airlines to Break Ground on Mega Airport in November 2025
Ethiopian Airlines, which generated $7 billion in revenue during the 2023/2024 fiscal year and expects $8 billion this year, is…
South Africa Considers Additional Incentives for Auto Industry to Counter U.S. Tariffs
South Africa is weighing the introduction of additional incentives for its automotive sector in response to recently imposed U.S. tariffs…
AfDB Secures $2.7 Billion for Nigeria’s Agricultural Transformation
The African Development Bank (AfDB) has successfully mobilized $2.7 billion to drive Nigeria's agricultural transformation through the establishment of Special…
Namibia Urges U.S. to Uphold Trade Rules After 21% Tariffs Hit Key Exports
Namibia has called on the United States to respect international trade regulations after Washington imposed a new 21% tariff on…
Zanzibar Introduces Digital Loan Platform to Enhance Financial Access for Special Groups
The Zanzibar Economic Empowerment Agency (ZEEA) has unveiled a digital loan system aimed at streamlining financial access for women, youth,…
Zambia Launches New Currency to Celebrate Heritage and Drive Economic Growth
In a historic step towards both cultural preservation and economic growth, Zambia’s Central Bank has officially launched a new series…
IMF Concludes Visit to Senegal, Cites Under-Reporting of Fiscal Data
An International Monetary Fund (IMF) mission has concluded a visit to Senegal, citing significant under-reporting of fiscal deficits and public…
Kenya Requests New IMF Loan Agreement Following Suspension of Existing Program
The Kenyan government has officially requested a new lending arrangement from the International Monetary Fund (IMF), incorporating unused funds from…
