Q3 GDP Growth Slips to 0.5% as South Africa’s Economy Slows Further: Africa newsroom update. Markets opened to a softer print as South Africa Q3 GDP edged up 0.5%. The headline says it cleanly. South Africa economic growth cooled, and the South Africa economy’s slow tag felt accurate on trading floors. Cool morning air in […]
The recent Foreign investment news in Congo showcases a recent surge of foreign investment in the mining, energy, and infrastructure sector. The Democratic Republic of Congo (DRC) has remained one of the key global supply chains as the world demands more and more cobalt, copper, and lithium. The increasing confidence of investors in the economic […]
Picture a late evening in Johannesburg, kettle whistling, phone buzzing, cart ready. E-commerce in South Africa feels routine now, yet small choices still matter. This news brief maps what consumers should know, plain and practical. Prices, payments, delivery, returns. E-commerce in South Africa, what consumers should know sits right here. Overview of the South African […]
The creation of the business plan is essential for the right product to attract the right investors when the start-ups in Africa are constantly moving. Venture capital and angel investment in the effort to scale up the work of these innovative ideas are sought by entrepreneurs across the continent. A plan that is well structured […]
Hot noon at Balogun, horns and heat. Cool printers in Abuja, calm voices on the line. E-commerce growth in Lagos vs Abuja starts in these small moments across Africa. Same apps, different streets. Sounds simple, never is. That’s how it reads today. Lagos Snapshot: Scale, Logistics Pressure, Customer Habits Lagos runs loud, crowded, quick. Evening […]
When most people think of booming economies, their minds drift to Dubai, Singapore, or Shanghai. But lately, another continent has quietly joined the race, Africa. While Africa’s rise is often discussed in national terms, in Nigeria, Egypt, and Kenya, the real transformation is happening city by city. From Addis Ababa’s glittering towers to Dar es […]
The latest U.S. News & World Report rankings have named the United Arab Emirates (UAE) the most economically stable country in the world. This recognition comes amid global economic uncertainty and highlights the UAE’s fiscal resilience, investor confidence, and strategic planning. The survey assessed 89 countries, measuring economic stability as a key indicator of national […]
Currently, one of the major economic elements is the currency exchange rate for Bangladesh. The Bangladeshi Taka (BDT) currency value. As a result, it is necessary for businesses, students, travelers, and investors to stay updated daily. The Significance of Today’s Exchange Rate Today, the value of Taka will change simply due to forces in the […]
Africa’s billionaires are more than just symbols of huge wealth; they are also the builders of industries, the leaders of new ideas, and the pioneers who are shaping the future. The best people in Africa are strong, creative, and good at business. For example, Nigeria is a world leader in cement and telecom, and South […]
The Central Bank of Nigeria (CBN) is still very important when it comes to setting the official exchange rates of the Naira (NGN) against the world’s major currencies as of September 2025. The Nigerian Foreign Exchange Market (NFEM) sets the official rates, which show how the government handles money and the economy. Rate of Exchange […]
The Central Bank of Nigeria (CBN) has released its updated exchange rates for Tuesday, August 26, 2025, revealing a day of mixed performance for the Naira (₦) across major global and regional currencies. While the local currency showed modest resilience against the US Dollar (USD), it recorded slight declines against other heavyweights like the Euro […]
The Central Bank of Nigeria (CBN) has released the official exchange rates for the Naira today, Monday, August 25, 2025. These rates help guide businesses, importers, and individuals dealing with international transactions. This article breaks down today’s buy and sell rates for major currencies like the US Dollar, British Pound, Euro, and others. It also […]
The announcement of sweeping U.S. tariffs in April 2025 marked a turning point in global trade relations, but the aftershocks were not limited to the world’s largest economies. Across Africa, nations reliant on gold as a source of export revenue, foreign reserves, and monetary stability found themselves exposed to a global commodities upheaval that quickly […]
Bitcoin is the world’s first decentralized digital currency, introduced in 2009 by the pseudonymous Satoshi Nakamoto. Operating on blockchain technology, it allows peer-to-peer value transfers without intermediaries like banks. With a fixed supply of 21 million coins, Bitcoin offers transparency, security, and a deflationary model that has attracted growing interest from individuals, institutions, and even […]
South African ostrich farmers expect to be affected financially, with a notice that their exports to the U.S. will incur a 30% tariff beginning on August 1 as a result of a delayed trade agreement. The tariff directly affects the trade in ostrich leather which is an especially lucrative trade for South Africa and an […]
South Africa is preparing to shake up the digital banking environment as the South African Reserve Bank (SARB) embarks on a daring initiative to modernise the tests and payment ecosystem of the country. The Payment Ecosystem Modernisation (PEM) programme will phase out traditional methods such as EFTs and even instant payments in return for more […]
Need to send products overseas from Nigeria fast and reliably? Picking the right logistics company is key. On this list we highlight 7 logistics companies from leaders like MDS and TSL to upstarts such as Fortune Global, providing fast international shipping solutions in Nigeria in 2025. 1. MDS Logistics One of the leading logistics suppliers […]
The signing of a $4 billion agreement with Dubai-based Alpha MBM Investments to build a 60,000 barrels-per-day oil refinery marks a new chapter in Uganda’s oil journey, as it is the most significant milestone in the last 13 years in Uganda’s quest for a credible investment partner. The agreement unlocks value to Uganda to realise […]
South Africans will be seeing a welcome reduction of petrol prices this August, primarily from a resilient rand that continues to absorb the impact of the global oil market’s volatility. The Central Energy Fund (CEF) has announced in its latest report that there is currently an over recovery on petrol prices which will reduce the […]
In a welcome change for consumers and businesses in Nigeria, seven banks in Nigeria have now restored international dollar payments using Naira-denominated debit cards. After almost three years of restrictions, these seven banks have revived the option for users to now perform foreign purchases and subscriptions directly, without the need of a domiciliary account or […]