This intervention aims to provide critical funding, mentorship, and capacity-building opportunities to female business owners across the country.
The planned factory is set to become a major production hub, with most of its output designated for export.
The project, led by Jiangsu Guotai, a major Chinese textile and garment company, will focus entirely on exports, primarily to European and American markets.
By Victoria Mgbanwa
The appointment takes effect from June 17, as Absa aims to drive growth and strengthen its market position across Africa.
China’s emphasis and shitf to health and education positions it as a strategic ally for Africa
By Walcott Aganu
Ethiopia is sharpening its focus on skills development and technical and vocational education and training (TVET) as a key strategy to modernize its economy.
Experts believe that a U.S.-Congo partnership could open doors for ethical mining practices, job creation, and economic stability in the country.
The company also plans to launch new product lines, including eco-friendly packaging and advanced office and school supplies, to meet changing consumer demands.
The push for greater African-Caribbean integration has been gaining momentum in recent years.
The sector is strengthening Tanzania’s industrial base and positioning the country as a key player in the regional steel market.
With Africa facing increasing climate threats, the ICRF aims to embed resilience measures into infrastructure projects from design to operation.
The long-standing ties between Ethiopia and Kenya, dating back to the early 20th century, have laid a solid foundation for economic collaboration.
This initiative will help Egypt safeguard against global supply chain disruptions and geopolitical uncertainties that impact food imports.
JETRO reaffirms its commitment to deepening economic ties between Japan and Ethiopia by facilitating increased Japanese investment in Ethiopia growing Economy
The programme aims to eliminate trade barriers, enhance export competitiveness, and foster economic growth by improving standards, metrology, and accreditation
Rwanda is strategically investing in its sugar production and processing capabilities to reduce import dependency, create jobs, and drive economic growth.
This initiative, backed by the European Union (EU), aims to address the region’s energy deficit, enhance climate resilience, and stimulate economic growth.
This move is expected to stimulate industrial development, enhance cross-border trade, and attract new investment across the region.
This move reinforces Flutterwave’s mission to simplify digital transactions across the continent and foster financial inclusion.
With strategic exploration efforts, Namibia’s Orange Basin continues to emerge as one of the most exciting frontiers for energy development.
These initiatives aim to diversify the country’s mineral production, create jobs, and boost economic growth.
The CBN and the Kingdom of Saudi Arabia have reaffirmed their commitment to expanding investment and trade partnerships across key sectors.
The recent rebasing of Nigeria’s inflation index placed the January rate at 24.48%, a significant adjustment that suggests easing price pressures.
Ethiopia continues to gain traction, with the United Kingdom reaffirming its strong support for the country’s reform agenda.
The partnership aims to boost Nigeria’s cocoa industry by expanding production, increasing exports, and promoting sustainability.
Vivo Energy Uganda has transformed its Shell service stations into community hubs for blood donation through the ‘Fueling Hope’ initiative.
Nigeria is poised to lead Africa’s digital revolution, fostering innovation, investment, and job creation.
The deal is expected to enhance energy cooperation, linking Cypriot gas fields to Egypt’s LNG facilities for European exports.
South African business confidence remained robust in January, reflecting sustained optimism about the country’s economic.
Nigeria and UAE amend BASA to boost air connectivity, expand cooperation, and push for eased visa restrictions, strengthening ties.
Africa must break trade barriers, modernize infrastructure, embrace digital innovation, and refine policies to achieve sustainable growth.
By Walcott Aganu
Ethiopia’s push to restructure its debt is nearing completion, a development seen as crucial for stabilizing its struggling economy.
Sanwo-Olu stated that the Lekki-Epe Airport will enhance travel and open up new opportunities for businesses and residents.
By Walcott Aganu
President Cyril Ramaphosa outline new wave of economic reforms aimed at driving growth and revitalizing key state-owned enterprises.
The Dangote Group generates power to support its manufacturing operations across all subsidiaries.
Egypt secures $3B in LNG deals with Shell and TotalEnergies to meet growing energy demand in 2025, stabilizing its market after a drop in domestic gas output.
By Walcott Aganu
Dr. Adesola announces the launch of Sequoia Financial Services Limited, marking his first major venture since stepping down from FirstBank in April 2024.