Ethiopia’s Digital Trade Revolution: Seizing African Market Opportunities for Growth
Ethiopia is at a crucial point in its economic journey. The country has a unique chance to use digital trade…
Category: Business & Economy
Gold Rush: How Ghana’s New Gold Refinery Might Affect Its Currency
Ghana, known as the “Gold Coast,” has made a big move to get more value from its gold. The Royal…
The Surge in African Start-Up Funding: What It Means for the Future
In a remarkable turn of events, African start-ups achieved an unprecedented milestone in July 2024, raising $420 million—marking the highest…
IMF Grants Ethiopia $3.4 Billion Loan Amid Currency Floating
Ethiopia has received a $3.4 billion loan from the International Monetary Fund (IMF) after deciding to let its currency’s value…
Building the Future: African Startups and the Lessons of the Dot-Com Era
One of the most remarkable periods in recent history is the dot-com boom and subsequent crash in the late 1990s.…
Nigeria Settles $850 Million Owed To International Airline Operators
Nigeria has cleared 98% of it’s $850 million FX backlog owed to airline operators internationally, signalling optimism as the country…
$100 Million Facility Launched to Empower Agricultural Growth in Africa
The Trade and Development Bank (TDB), an important African financial institution, has teamed up with the British International Investment (BII),…
Egypt Implements Fuel Price Hikes Amid Economic Challenges: IMF Loan, Currency Shift, and Investment Offer Signal Complex Path Ahead
The Egyptian government has implemented fuel price increases, exacerbating inflationary pressures for the population. The new prices were announced on…
Revolutionizing Heavy Industries: A Roadmap to Sustainable Decarbonization
In a groundbreaking study, researchers from the UK have unveiled a promising roadmap for significantly reducing carbon emissions in heavy…
Naira Rebounds but Outlook Remains Uncertain
Nigeria’s embattled naira has staged a remarkable rebound in recent weeks, appreciating to around 1,200 per U.S. dollar on the…