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South Africa’s Small Businesses Facing Collapse as Over 50% Warn of Closure Within a Year Amid Rising Costs and Lack of Funding

A new survey has revealed a looming crisis for South Africa’s small business sector, with more than half of small and medium enterprises...

BusinessNews

Trump Administration Pushes Controversial DR Congo-Rwanda Peace Deal Amid US Bid for Critical Minerals in Africa

The Trump administration is driving a high-stakes peace initiative to end decades of conflict in eastern Democratic Republic of Congo (DRC), a mineral-rich...

BusinessNews

ADC Slams Tinubu Administration Over $21 Billion Loan Approval, Warns Nigeria’s Debt Could Exceed ₦200 Trillion by Year-End

The African Democratic Congress (ADC) has condemned what it calls “fiscal vandalism” by the Tinubu administration following the National Assembly’s approval of an...

BusinessNews

Coca-Cola Beverages Africa Launches High-Speed Bottling Line in Midrand to Boost Production and Sustainability

Coca-Cola Beverages Africa (CCBA) has unveiled a state-of-the-art high-speed bottling line at its Midrand plant in South Africa, significantly increasing production capacity to...

BusinessNews

African Development Fund Approves $19.93 Million Grant to Empower Youth and Women in The Gambia and Strengthen Fragile Communities

The African Development Bank Group has approved a $19.93 million grant through the Transition Support Facility (TSF) to support the “Resilience Building –...

BusinessNews

Nigeria Endorses Egypt’s Khaled El-Enany for UNESCO Secretary General to Promote African Leadership in Global Cultural Governance

Nigeria has officially endorsed Egypt’s former Minister of Tourism and Antiquities, Khaled El-Enany, as the African Union (AU) candidate for the position of...

BusinessNews

Astron Energy Celebrates 500th Rebranded Service Station Milestone in Johannesburg as Nationwide Rollout Accelerates

South African fuel giant Astron Energy has marked a major milestone in its nationwide rebranding journey, unveiling its 500th rebranded service station, Astron...

BusinessNews

Türkiye and Somalia Sign Defense Cash Assistance Agreement at IDEF 2025 to Deepen Strategic Ties

Türkiye and Somalia have signed a landmark defense cooperation agreement focused on cash assistance during the 17th edition of the International Defense Industry...

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Tragedy in Limpopo: 42 Zimbabwean and Malawian Nationals Killed as Bus Plunges Down Mountain Pass in South Africa

At least forty-two Zimbabwean and Malawian nationals have lost their lives after a bus carrying them home overturned and plunged down a steep...

Mali Imposes $10,000 Visa Bond on US Citizens in Retaliation for Trump Administration Policy

Mali has announced that American citizens visiting the country for business or tourism will now be required to post a refundable bond of...