IFC eyes over $2.2bn investments in North Africa this year
The International Finance Corporation (IFC) plans to inject more than $2.2bn in new financing across North Africa this year, covering 10 countries including Egypt, according to Cheick-Oumar Sylla, Director for…
Business
South Africa, Egypt, Morocco Top Jeune Afrique’s African Performance Index
South Africa has been ranked as the top-performing country in Africa with an overall score of 64.79 out of 100,…
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…
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 Concludes with Over $200 Million in Deals, Eyes New Public-Private Pact
The 12th Africa CEO Forum concluded in Abidjan on May 13, securing commitments estimated at over $200 million through several…
Africa CEO Forum Awards 2025 Honor Leaders of Transformation
ABIDJAN – The Africa CEO Forum Awards 2025 celebrated companies and leaders shaping the continent’s economy and embodying a renewal of African leadership…
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…
