Business

Angola’s $4.8B Chinese loan refinery push: First big Beijing deal in years

Angola seeks $4.8 billion Chinese loan refinery for Lobito, the first major Beijing financing since 2017. Explore why this matters for energy independence, debt...

Fuel price increase hits Ghana again – March pump shock looms

Fuel price increase projected for March 2026: petrol up 3.59%, diesel up 1.52%, LPG down 1.57%. COPEC warns of global crude and forex impacts,...

Ghana’s reserve accumulation policy targets 15-month buffer – Game-changer for stability

Ghana has taken a major step toward long-term financial security with the unveiling of its first comprehensive Reserve Accumulation Policy. Finance Minister Dr. Cassiel...

Ghana’s road sector financial exposure crisis: Why Urgent action matters for businesses and households

Ghana's road sector financial exposure has reached alarming levels, threatening the nation's infrastructure ambitions and economic stability. The President of the Ghana Institution of...

Stripe’s valuation climbs to US$159bn after new tender offer

Stripe has seen its valuation surge 74 percent to US$159 billion following a new employee tender offer, underscoring renewed investor confidence in one of...

IMF mission arrives in Kenya for talks on new loan programme

Kenya is preparing for a major phase of economic negotiations as a mission from the International Monetary Fund arrives in Nairobi to begin formal...

Spiro raises US$50 million dollars for Africa’s electric mobility expansion

Africa’s electric mobility sector has taken another major step forward with Spiro securing $50 million in new debt financing to expand its battery-swapping infrastructure...

MTN Ghana and Thrive and Shine champion AI literacy to bridge the digital divide

MTN Ghana has partnered with youth focused non governmental organisation Thrive and Shine to host a national conference aimed at strengthening artificial intelligence literacy...

Ghana introduces bill to establish independent value for money office to strengthen public spending oversight

The Government of Ghana has formally presented the Value for Money Office Bill, 2026 to Parliament in a bid to overhaul the country’s public...

Nigeria’s Innoson Group expands to 10,000 workers

Nigeria’s indigenous automotive champion Innoson Group is rapidly emerging as one of the country’s largest industrial employers, with Chief Executive Officer Innocent Chukwuma confirming...

Dangote to build Africa’s largest detergent raw material plant as refinery reaches full capacity

Africa’s richest industrialist, Aliko Dangote, has announced plans to construct the continent’s largest Linear Alkyl Benzene production facility within the sprawling Dangote Refinery complex,...

Casava launches Nigeria’s first clean energy insurance for SMEs

Nigeria is taking a significant step in accelerating its energy transition with the launch of dedicated clean energy insurance, aimed at protecting small and...

Foreign-dominated manufacturing threatens local innovation in Nigeria

Nigeria is facing a critical crossroads in its industrial development as the trend of foreign-dominated manufacturing partnerships gains momentum. Emmanuel Ezenwere, CEO of Arone...

AI for good: ITU empowers startups to transform global education

The International Telecommunication Union (ITU) has officially launched applications for its AI for Good Innovation Factory, a global programme designed to harness artificial intelligence...

Japan power bank ban set to disrupt in-flight charging

Japan Power Bank Ban will take effect from April 2026, marking a significant shift in aviation safety rules for passengers travelling to and from...

Africa digital transformation gets strategic push

Africa Digital Transformation is increasingly being defined not just by startups and mobile apps, but by large-scale institutional change led from within major financial...