Africa Business News – Read economic news today, South Africa business updates, and latest economy trends and developments.
A wide-ranging crackdown against organised cybercrime gangs has led to the arrest of 58 individuals in 22 countries and six continents, as Interpol targets criminal gangs accused of conducting romance, cryptocurrency, investment and other financial scams. This particular crackdown, dubbed Operation Jackal IV, targeted West African crime syndicates, particularly the Nigerian-based Black Axe syndicate, which, […]
Nigeria is one step away from making one of the most significant discoveries in its offshore oil sector as the $21 billion Bonga Southwest/Aparo deep-water development is getting closer to Final Investment Decision. According to the deal between Nigerian National Petroleum Company Limited (NNPC Ltd), Shell, and their international partners, the development would have a […]
Ghana and Côte d’Ivoire are making new moves in order to strengthen cooperation in the world cocoa market, improve conditions for farmers, and decrease dependence on the volatile international commodity prices. Cocoa Alliance Ghana and Côte d’Ivoire,The actions, such as the Côte d’Ivoire–Ghana Cocoa Initiative and the extended Cocoa Value Addition Alliance (COPEC), will help […]
Governments in Africa have been implementing measures to increase revenue collection through tax reforms and business regulations. This week, governments in Kenya, Tanzania, and South Africa released important policy updates for businesses and taxpayers. Africa Tax News, The policy announcements, ranging from fuel VAT relief in Kenya, Digital Services Tax update in Tanzania, to tighter […]
Africa’s startup environment continues to evolve in 2026 with the coming of new initiatives like grants, incubation, tax breaks, and entrepreneurship schemes targeting youths. African startup government support, While different countries improve support for innovators, Kenya, Egypt, Nigeria, and South Africa remain the leaders of the continent for entrepreneurs due to their well-established startup ecosystems […]
The problem of fertilizer prices is still among the most important issues that African farmers face due to the emergence of various subsidy programs aimed at improving agricultural production. Cheapest Fertilizer in Africa, By 2026, the governments of Ghana, Kenya, and Nigeria will adopt different strategies regarding the issue of providing fertilizer cheaply to farmers. […]
The digital payment platforms have revolutionized money management and transferring among millions of people in Africa. Best cross-border payment app in Africa, Even though Chipper Cash, PalmPay, and OPay offer similar quick and user-friendly services, they target different types of customers. But if you prioritize cross-border payments, then the differences between these platforms get even […]
Much is happening in the field of critical minerals in Africa, as governments have become more interested in creating value and making strategic partnerships. Africa critical minerals race, As a result of the increased global demand for minerals required for electric vehicles, renewable energy, and manufacturing industries, the policy of countries in this continent concerning […]
Since shipping companies cannot pass through the Suez Canal and Bab al-Mandab Strait due to security concerns, there is an ongoing change in the route of ships that leads them to move through Africa. The increase in the number of ships has brought about opportunities for many African ports since they receive more passengers and […]
According to the ICC International Maritime Bureau (IMB), only two attacks related to piracy occurred during the first half of 2026, which is a big decrease from the previous years, when the Gulf of Guinea maritime security was considered one of the most dangerous locations for maritime operations. The reasons for such improvements include closer […]
Renewable energy projects in Africa have become very popular over the past few years since some of the best renewable energy projects in Africa were set up in July 2026. Top Renewable Energy Projects in Africa, These consist of solar power plants, battery installations, and mini grid projects. These are just some of the largest […]
Continuing Red Sea shipping disruptions have been causing considerable disruptions to international shipping routes, especially for East Africa, a region that heavily relies on maritime shipping for its economic activities. Security issues have made many shipping firms divert their cargo ships from the Bab el-Mandeb Straits and the Suez Canal towards the alternative Cape of […]
East Africa is seeing one of the biggest booms in the development of transport infrastructure, with investments worth billions of dollars being made in the construction of railways, highways, and logistics corridors. East Africa Infrastructure Boom, In particular, such projects such as the expansion of the Standard Gauge Railway (SGR) in Kenya, the upgrading of […]
The manufacturing industry of Africa is entering an era of growth through various changes that include industrial policies, investment, infrastructural developments, and export market expansion. Africa manufacturing industry growth, Besides the well-established manufacturing powers of the continent, the emerging economies are making huge investments in automotive manufacturing, the textile industry, renewable energy generation, electronics, and […]
Nigeria has recently started the implementation of the historic tax reform package, which could be seen as one of the most important overhauls of the fiscal system in Nigeria tax reforms 2026 within decades. Major Changes for Businesses Corporate Tax Relief for Small Businesses One of the main changes concerns the taxation of small and […]
The African aviation industry is experiencing a revolutionary era with heavy investment into airports and fleet as well as improved connectivity. African aviation hubs, From new billion-dollar airports to route expansions by leading carriers, some cities are making themselves ready to emerge as the next major aviation gateways on the continent. Benefitting from SAATM implementation, […]
A number of the biggest companies in Africa have decided to begin the second half of 2026 by announcing some major expansion plans for their companies, African companies expansion news,Which should help increase Africa’s role in world industries, energy, and transport sectors. Some of the biggest expansion plans in July 2026 are given below. Dangote […]
It is now quite easy to open an account in US dollars and/or euros in Nigeria as a result of developments in banking and fintech technologies. USD and EUR account Nigeria, If you work remotely, run your business online, are a freelancer, or just receive foreign transfers regularly, now you can easily open a foreign […]
Selecting the bank that will save your funds has never been more crucial amid fluctuating interest rates of banks operating in Kenya. Despite various foreign banks expanding their online services, many savers have become unsure whether foreign banks offer better interest rates compared to local banks. Foreign banks in Kenya interest rates, The simple answer […]
The employment landscape in Africa is changing rapidly due to digitalization and the adoption of sustainable development in organizations. Companies from South Africa, Kenya, Nigeria, and Egypt seek people who not only have technical knowledge but also are good at solving problems and leading teams. Demand Jobs and Skills in Africa, This is the set […]