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 […]
The Suzuki Across is Suzuki’s premium plug-in hybrid SUV designed to combine efficiency, advanced technology, and strong performance. The 2026 model represents an updated generation of the SUV and continues Suzuki’s collaboration with Toyota RAV4, as the Across shares its platform and hybrid system with Toyota’s popular model. With refreshed styling, upgraded technology, and a […]
President Muhammadu Buhari has unveiled progress of his administration and the strides in agriculture, leading almost to self-sufficiency in rice and other grains.He told British Prime Minister Boris Johnson on Monday in London on the side line of the UK-Africa Investment Summit that the gains in agriculture had saved the country billions of dollars, which […]
The United Kingdom is positioning itself to be the ‘investment partner of choice’ for Africa, holding a summit with leaders of 21 African countries on Monday, days before it leaves the European Union (EU). Britain’s prime minister, Boris Johnson, who secured the country’s January 31st departure from the EU trading bloc is determined to enter […]
The African Continental Free Trade Area (ACFTA) will top discussion as Dr Akinwumi Adesina, the President of African Development Bank (AfDB) is expected in London for the milestone investment summit. The bank’s Communication and External Relations Department made this known in a statement in Abuja on Friday. The AfDB said new opportunities for bilateral trade […]
Six West African countries have criticised what the changes of the regional CFA Franc currency to Eco, saying its not in line with what was agreed for the adoption of a single regional currency. Last month, French president Emmanuel Macron and his Ivorian counterpart Alassane Ouattara announced that the West African Economic and Monetary Union […]
The board chair of South Africa’s electricity company Eskom, resigned on Friday after failing to keep his promise to stop the load shedding that is hampering the country’s growth, the South African presidency announced. This surprise resignation of Jabu Mabuza comes a few days after the arrival of a new CEO, Andre de Ruyter at […]
The Minister of Industry, Trade and Investment, Mr Richard Adebayo said on Thursday that the ministry would partner Dangote Group to set up a Foreign Trade Academy. The minister said this in Abuja when the Chairman, Dangote Group, Mr Aliko Dangote visited him. “We have strong and hardworking trade officers in the ministry, but we […]
MTN Group has agreed to sell its towers businesses in Ghana and Uganda as Africa’s biggest mobile phone operator refocuses on high-growth markets on the continent and in the Middle East. Clashes with regulators in Nigeria, Uganda and elsewhere have crimped growth, prompting the company to announce a $1 billion three-year asset-disposal plan earlier this […]
Changes to the CFA franc used by 14 African states, announced over the weekend by Ivorian president Alassane Ouattara and his French counterpart, Emmanuel Macron, continue to drive debate across the continent. In this article, we share key details about this currency that has been in use for nearly three-quarters of a century. Colonial origins […]
The Economic Community of West African States (ECOWAS) has endorsed the candidacy of African Development Bank President Akinwumi Adesina for a second term at the helm of the institution. The decision was announced at the end of the fifty-sixth ordinary session of the Authority of Heads of State and Government of ECOWAS, held on Saturday […]
A new report released by Standard Chartered Bank now reveals that with a wealth expectancy of 63.6 million shillings($626,421) many Kenyans will fall short of their aspirations.According to the report, by 60 years of age, 66 percent of Kenya’s savers will be less than half way to achieving their wealth aspiration, while almost a third […]
The West African Economic and Monetary Union has agreed with France to a number of changes to the CFA franc currency, including a new name, Ivory Coast’s President Alassane Ouattara said Saturday, as the West African bloc inches closer to a split from the French-backed currency. The monetary union will move its currency reserve from […]
The Executive Board of IMF approved a three-year $2.9 billion financing package to help Ethiopia implement its homegrown economic reform plan to maintain macroeconomic stability and improve living standards.The financing package, supported by IMF’s Extended Credit Facility (ECF) and Extended Fund Facility (EFF), “aims to support the authorities’ implementation of their ambitious reform agenda and […]
The Zimbabwean Lithium Arcadia project is preparing to play in the big league. According to an updated feasibility study, the mine will have a longer operating life and an annual processing capacity of 2.4 million tonnes per year. After a successful listing on the Frankfurt Stock Exchange: the Frankfurt Stock Exchange, the mining company Prospect […]
Nigeria’s ex-attorney general Mohammed Adoke has returned to the country to face corruption charges over his involvement in one of the oil industry’s biggest corruption scandals. The country anti-graft body, the Economic and Financial Crimes Commission, EFCC; confirmed his return stating that “The ex-AGF left Dubai following pressure from the EFCC.” He was arrested by […]
Africa’s richest man, Aliko Dangote has projected an exponential growth in the revenue of his conglomerate from the present $4billion yearly to $30 billion in 2021. The projected revenue is 88 per cent of Nigeria’s 2020 national budget of $34.72billion or N10.59 trillion. Dangote gave the cheering news to the minister of finance, budget and […]
The Executive Board of the International Monetary Fund has approved a five-year arrangement under the Extended Credit facility (ECF) for Liberia in an amount equivalent to $213.6 million.According to an IMF statement issued late Wednesday, the credit is intended to help the country restore macroeconomic stability, provide a foundation for sustainable growth, and address weaknesses […]
Over a year after South Africa scrapped taxes on sanitary pads, Rwanda has gone down the same path with an announcement on Tuesday. The Ministry of Gender and Family Promotion tweeted the new development: “Moving to the right direction, from now onwards, the Government of Rwanda has added Sanitary Pads to a list of goods […]
The ongoing boycott from the Arab quartet to question Doha’s unending funding of terrorism has led to massive decline in the nation’s economic performance and the fluctuation of the currency. Here are ways how Qatar’s economy have been affected by the ongoing boycott from the neighboring nation: Importing huge quantity of perishable goods such as […]