Business
Bank of Industry Expands SME Financing to Support Industrial Growth in Nigeria
Nigeria’s drive to diversify its economy is receiving renewed momentum as the Bank of Industry (BOI) continues to expand financing opportunities for small...
Digital Economy Reforms Position Nigerian SMEs for Greater Growth
Nigeria’s ongoing digital economy reforms are creating new opportunities for small and medium-sized enterprises (SMEs), with increased investments in digital infrastructure, innovation and...
World Bank Unveils New Partnership to Drive Private Sector Growth and Job Creation in Nigeria
Nigeria’s private sector is expected to receive a significant boost following the launch of a new Country Partnership Framework by the World Bank...
Indigenous African Foods Gain Global Recognition as FAO Calls for Stronger Investment in Traditional Food Systems
Traditional African foods are increasingly being recognized as essential to improving food security, nutrition, climate resilience and economic development following renewed calls by...
Amazon’s Project Kuiper to Launch Satellite Internet Services in South Africa
Amazon is preparing to expand its global satellite internet initiative into South Africa, marking a significant milestone in Africa’s digital infrastructure landscape. The...
Rising Global Oil Prices Increase Pressure on African Currencies
African foreign exchange markets are experiencing renewed pressure as rising global crude oil prices increase demand for United States dollars among fuel-importing economies,...
France and Morocco Deepen Renewable Energy Partnership with Planned Electricity Link
France and Morocco have agreed to advance plans for a direct electricity interconnection, a strategic initiative expected to deepen energy cooperation between Europe...
Trafigura Exits Angola Power Transmission Project as Regional Energy Investment Continues
Trafigura has withdrawn from a major electricity transmission project intended to connect Angola’s hydropower resources with mining operations in the Democratic Republic of...
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Vodacom Raises Medium-Term Growth Targets Following Safaricom Transaction
South Africa’s Vodacom has raised its medium-term financial targets following the completion of its transaction involving Safaricom, signaling confidence in the group’s long-term...
South African Rand Recovers as Investor Sentiment Improves
The South African rand recovered part of its recent losses as improved investor sentiment and cautious trading supported the currency in the lead-up...
