Business

Naira records second straight depreciation against US dollar

Jude Melvin Jones December 5, 2025

Nigeria The naira recorded depreciations against the United States dollar at the official foreign exchange market on Thursday. Data from the Central Bank of Nigeria showed that the naira further weakened to N1,447.83 against the dollar on Thursday, down from N1,447.65 traded on Wednesday. This

Business

Green Energy as the Foundation of African Independence

Ethan Asher November 28, 2025

Israel Opinion by Samuel Shay Leads the Hydrogen Revolution Across Africa Africa is entering the most significant energy transformation in its history, and at the center of this shift stands Samuel Shay. Working directly with presidents, ministers, national energy agencies, and local communities, Shay has become one of the key architects behind a continental strategy […]

Business

Africa’s New Trade Agreements with Asia, Europe, and the United States

Ethan Asher November 28, 2025

Israel Opinion by Samuel Shay, Entrepreneur and Senior Economic Advisor to the Abraham Accords Treaty. The global trade map is being redrawn, and Africa is no longer content to remain the world’s raw – material supplier. Over the past few years, a quiet revolution has been taking shape  one in which African nations are renegotiating […]

Business

South African rand softens amid key local monthly data releases

Andrew Mbeki November 28, 2025

South Africa  The South African rand softened in early trade on Friday with investors eyeing the release of monthly economic data from the central bank, revenue service agency and National Treasury. At 0708 GMT, the rand traded at 17.1675 against the dollar , slightly weaker than Thursday’s closing level of 17.1475. Data from the South […]

Business

How G20 summit could benefit ordinary Africans

Andrew Mbeki November 21, 2025

G20 As world leaders gather for the G20 summit, the focus often stays on big pledges, long speeches and complicated communiqués. But behind all the diplomacy, there are real ways decisions taken at this meeting can shape life for everyday people across Africa. Cheaper credit and lighter debt pressure Many African countries are struggling with […]

Business News

The Future of African Agriculture: From Survival to Smart Economy

Ethan Asher November 6, 2025

Israel Opinion by Samuel Shay, Entrepreneur and Senior Economic Advisor to the Abraham Accords Treaty. For centuries, agriculture in Africa has remained largely unchanged. Across vast regions, farmers continue to depend on methods and tools passed down through generations  practices suited for small, traditional societies but no longer sustainable for a continent of

Business News

Africa’s Strategic Role in Global Food Security within the India-Africa Economic Corridor (IMEC)

Ethan Asher November 5, 2025

Israel Opinion by Samuel Shay, Entrepreneur and Senior Economic Advisor to the Abraham Accords Treaty The India-Africa Economic Corridor is envisioned as a new axis of prosperity that connects Asia, Africa, and the Middle East through a unified framework of trade, infrastructure, and technological cooperation. Beyond its logistical and industrial potential, the corridor

Business

Over 90 mining permits revocked in Mali for non-compliance

Aaliyah Aamir October 30, 2025

Mali Mali has revoked more than 90 mining exploration permits including those held by international companies after officials said operators failed to meet new legal requirements. According to a decree signed by Mines Minister Amadou Keita, all rights under the canceled permits are now released and open for reallocation. The permits, issued between 2015 and […]

Business

Sub-Saharan Africa risks rise in debt – IMF warns

Howard Mildilton October 16, 2025

IMF Sub-Saharan African governments are increasingly turning to local banks to fund their budgets, paying higher borrowing costs at home than abroad and putting new pressure on domestic lenders, the International Monetary Fund (IMF) warned on Thursday. In its latest Regional Economic Outlook released during the IMF and World Bank annual meetings in Washington, the […]

Business

30 economists experts want debt relief for Africa

Andrew Mbeki October 13, 2025

World Bank More than 30 leading economists, former finance ministers and a central banker have called for immediate debt relief for low- and middle-income countries, warning that loan repayments are preventing governments from funding basic services. In a letter released on Sunday, in advance of next month’s World Bank and IMF annual meetings, the group […]