A new concept car from Caterpillar Inc. has drawn interest from tech and construction enthusiasts all over the world in recent months. The company is famous for making some of the toughest construction tools. They just showed off a smart pickup truck concept that is perfect for tough industrial job sites. The concept car has […]
Claude Kameni is a fashion designer from Cameroon who makes expensive clothes that are inspired by African culture. She hasn’t released a “2026 collection” yet, but she has been working on a prom couture raffle that was announced in early 2026. The winners will be chosen by February 7. These unique items are made for […]
Zimbabwe – A report by a reported financial institution warned Zimbabwe of a crackling economy in the coming months. The African nation’s economy is continuously falling and there are lingering dangers especially after the US dollar is being proffered over the local currency to make transactions. The country’s main business group announced on Wednesday that […]
Nairobi – On Sunday, the International Consortium of Investigative Journalists, a Washington, DC-based network of reporters and media organizations, disclosed financial data that revealed a relationship between international leaders and hidden wealth. The records include 35 current and previous national presidents, as well as 330 parliamentarians, and are based on data from 91 countries. Kenyan […]
Nigeria – In Nigeria, the government has launched a drive to revive the country’s once-thriving palm oil business. It is one of the finest sectors to diversify away from petroleum and help create jobs. However, it becomes a problem when loans for small-scale producers go into the pockets of bigger factory owners. Nigeria is the […]
The African Continental Free Trade Area (AfCFTA) agreement is a distinct game changer for Africa. It is a driven trade agreement that frames the world’s most significant free trade area by joining nearly 54 African nations. On 21 March 2018, the African Union (AU) settled the agreement and was signed by 44 member states in […]
The lifting of the European Union’s ban on the import of fruits and vegetables from Ghana has boosted big investments in modern agricultural methods by farmers in the African nation. In recent years, Ghanian farmers have worked on improving their food production with the aim of expanding their farming activities to countries across the world. […]
Covid-19 has disturbed food suppliers around the world. As per a new survey by Agribusiness Olam International, farmers across the globe are suffering harsh repercussions due to the pandemic. It is one of the world’s largest suppliers of coffee, cotton, cocoa, and rice. Olam’s survey covers nearly three and a half thousand farmers and has […]
On Tuesday, United States of America’s President Joe Biden announced that the administration is pushing for expanding business ties between US firms and Africa. The focus of this relationship would be on sectors including health, clean energy, agricultural businesses and transportation infrastructure across the continent. The move has been welcomed by the US industry leaders […]
The COVID-19 pandemic and movement restrictions significantly disrupted the global supply chain, resulting in shortages of essential products such as medical equipment and pharmaceuticals across the world. As several pharmaceutical-producing countries suspended their exports due to global lockdown, import-dependent regions struggled to overcome the health crisis. This disruption in global supply severely impacted Africa’s ability […]
On Thursday, African leaders convened in Abidjan, Ivory Coast, to lobby the World Bank for fresh aid plans to help them finance their economic recovery and improve access to Covid-19 vaccines. As the COVID-19 pandemic continues to put financial strains on economies, leaders are demanding $100 billion for a crucial World Bank fund that assists […]
Nissan has always appreciated the commitment of the enormous African automobile market. In Egypt, Nissan has a very agile plant and makes vehicles just for the region. Nissan manufactures three main models, and the primary objective is to capitalize on the main Egyptian market, says Mike Witfield, Managing Director for Nissan Africa, in an interview […]
The coronavirus pandemic has caused a double whammy by causing health and economic crises across Africa. It has left a lasting impact on the small and medium-sized enterprises (SMEs) of the nation. The absence of finance is the second biggest hurdle confronting SMEs hoping to extend their ventures especially in developing business sectors and nations. […]
The National Treasury in March 2021 had published a draft amendment to regulation 28 of the Pension Funds Act for public comment in South Africa. It is expected to make it simpler for retirement funds to expand interest for the people of South Africa. However, there are still queries about whether people will like to […]
As South Africa’s economy recovers from COVID-19’s detrimental impacts, high unemployment rates are being felt by the country’s municipalities all across. As per the South African Local Government Association, job losses directly are being blamed for a severe drop in collections. Presenting to parliament, Stella Mondlane of SALGA said that the high unemployment rate has […]
East Africa’s Uganda is rapidly emerging as a fintech hub. Millions of customers across the continent view the emerging facility as a great “convenience”. Consumers are cashing in on great access to financial technology offered by these mobile applications and comment on never going back to traditional banking, thus boosting Africa’s financial technology (fintech). Mobile […]
The cabinet in South Africa approved several new bills for submission to parliament. It included a proposal for legislation for workplace safety and consumer protections around housing. It was announced on March 11, that these bills would undergo the full public participation process, including an open comment period. The acting minister in the Presidency Khumbudzo […]
Rwanda’s economy is in the throes of a recession as the continent is currently in a state of crisis with Covid 19. The continent as a whole has been hit hard by the global outbreak of covid19, and the level of major government projects is declining. Africa invested. Traffic has also stopped as traffic has […]
According to the BBC, the Central Bank of Nigeria on Friday stopped banks and financial institutions from dealing with Crypto currency transactions or facilitating the exchange of Crypto currency. The government has said it is not possible for a single financial provider [Providus bank] to disrupt public payment services and get a new CBN order […]
DRDGOLD one of the world’s leading gold treatment organization has declared and recorded a strong performance in the financial sector of the organization for the past six months, this is a major boost in the gold sector. DRDGold, which possesses the Ergo and Far West Gold Recoveries (FWGR) plants, said yesterday that profit per offer […]