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Africa - Page 95

FCCPC) has approved an additional 211 digital money lenders, known as loan apps, marking an increase from 161 fully approved companies in September.

Zimbabwe Seeks $115 Million Afreximbank Loan to Revive State Railway

September 17, 2026

Zimbabwe’s state-owned railway operator is negotiating a $115 million financing facility with the African Export-Import Bank (Afreximbank) to acquire locomotives and wagons and rehabilitate parts of its ageing rail network, officials said.

Africa·News·Top Stories

South Africa’s Ramaphosa Steps Back from Public Duties Due to ill Health

September 17, 2026

South African President Cyril Ramaphosa has been booked off from public engagements due to ill health following his return from the BRICS summit in India, the presidency said on Wednesday. Ramaphosa’s medical

Africa·Business News·News

Nigerian Airlines Threaten To Bar Ivorian Govt Flight Access In Nigeria

Nigerian Airlines have issued stern warning to the government of Cote D’Ivoire, giving it 10 day ultimatum – beginning from April 18th, 2023- to grant access to operate or face the consequences of its next line of action. Chief Executive Officer of

April 18, 2023

Africa·Business News·News

AfDB, EU, France Invest $300 million In Tanzania’s Hydropower Project

The government of Tanzania, the African Development Bank (AfDB), and the French Development Agency (AFD) have signed agreements for two development project loans worth $300 million. The funds will finance the construction of the 87.8-megawatt Kakono Hydropower Plant located in Kagera region

April 16, 2023

Africa·Business News·Finance & Economy

AfDB Approves Trade Finance Transaction Guarantee Facility For Bancobu

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a trade finance transaction guarantee facility to Banque Commerciale Du Burundi (Bancobu). Leveraging Bancobu’s strategic footprint in the East African nation, this instrument will provide support to Small and

April 15, 2023

Africa·Business News·News

Cassava Technologies To Invest $250M In South African Economy

Cassava Technologies has pledged a total of R4.5 billion (about $250 million) in investment in South Africa through its business units. The units are Liquid Intelligent Technologies, Africa Data Centre and Distributed Power Africa. This announcement was made during the fifth South

April 15, 2023

Africa·News

Kenya’s Opposition Leader, Odinga, Calls Off Protest After Appeal From President Ruto

Kenya’s opposition leader, Raila Odinga has called off the planned protest slated for Thursday due to appeal from William Ruto, the president of the East African country who said that his door is open for honest deliberation and dialogue. Speaking on Sunday

April 13, 2023

Africa·Business News·Finance & Economy

Africa’s ‘Big 5’ Wealth Markets For Billionaires

South Africa, Egypt, Nigeria, Kenya, and Morocco are the ‘Big 5’ wealth markets in Africa. Together, they account for some significant 56% of Africa’s high-net-worth individuals. In that order, they constitute well over 90% of the continent’s billionaires. SOUTH AFRICA South Africa

April 11, 2023

Africa·News·Sports

CAF Announces 2023 AFCON Calendar, Tournament Begins January 2024

The Confederation of African Football (CAF) on Thursday unveiled the calendar for the 2023 Africa Cup of Nations in Cote d’Ivoire which begins in January 2024, reports Prime Business Africa

March 30, 2023

Africa·AMA News·News

DR Congo: Security Council Warned Of ‘Considerable’ Deterioration In Restive East

UN Photo/Michael Ali – A MONUSCO helicopter lands in Beni in the North Kivu region of the DR Congo. The UN envoy to the Democratic Republic of Congo (DRC) warned the Security Council on Wednesday that the security situation in eastern Congo has

March 30, 2023

Africa·News·World News

US Vice President Harris Harps On Strengthening African Partnership

United States Vice President Kamala Harris on the second day of her Ghana visit on Tuesday stressed the need for a US and African partnership that is propelled by African innovation

March 28, 2023

Africa·News

Cyclone Freddy: Malawi President Appeals For More Assistance As Death Toll Exceeds 500

The president of Malawi, Lazarus Chakwera has appealed to the international community for more support for his country as Cyclone Freddy has killed over 500 citizens with thousands displaced. President Chakwera who made the appeal while presenting the impact of the disaster

March 23, 2023

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UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Shareholders in Nigeria’s industrial goods sector recorded massive returns in

Naira Weakens Against Dollar, Gains On Pound, Euro In Official Market

On Thursday, the official foreign exchange (FX) rate for the

How Investments In Nigerian Pharmaceutical Shares Performed In Q1 2026

Q1 2026: Four Pharma Stocks Reward Investors, One Bleeds N14.8bn

Only one of five pharmaceutical firms listed on the Nigerian

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Africa - Page 95

Zimbabwe Seeks $115 Million Afreximbank Loan to Revive State Railway

South Africa’s Ramaphosa Steps Back from Public Duties Due to ill Health

Nigerian Airlines Threaten To Bar Ivorian Govt Flight Access In Nigeria

AfDB, EU, France Invest $300 million In Tanzania’s Hydropower Project

AfDB Approves Trade Finance Transaction Guarantee Facility For Bancobu

Cassava Technologies To Invest $250M In South African Economy

Kenya’s Opposition Leader, Odinga, Calls Off Protest After Appeal From President Ruto

Africa’s ‘Big 5’ Wealth Markets For Billionaires

CAF Announces 2023 AFCON Calendar, Tournament Begins January 2024

DR Congo: Security Council Warned Of ‘Considerable’ Deterioration In Restive East

US Vice President Harris Harps On Strengthening African Partnership

Cyclone Freddy: Malawi President Appeals For More Assistance As Death Toll Exceeds 500

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Zimbabwe Seeks $115 Million Afreximbank Loan to Revive State Railway

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