Economic Commission for Africa (ECA) urges reforms to strengthen African multilateral development banks (MDBs) to boost long-term resource mobilization
South African star Tyla makes history as ‘Water’ surpasses 1 billion Spotify streams becoming the first African female artist to achieve this feat
African Startups witness a strong start with a 240% year-on-year rise in funding in January, following a sluggish 2024.
IBM is set to exit Nigeria, Ghana, and 34 other African markets, transferring operations to MIBB, a Midis Group subsidiary, effective April 1, 2025.
World Bank and AfDB lay out terms for African countries’ eligibility to access $40 billion for electricity development.
ECOWAS formalizes the withdrawal of Niger, Mali, and Burkina Faso, effective January 2025, with transitional efforts to foster dialogue and regional stability.
Dangote Refinery, Africa’s largest crude oil refinery, achieves a milestone with its first petroleum export to Cameroon
Aiming to reduce financing gap between men-led and women-led SMEs AFAWA unlocks $50 million facility to provide support for women-led enterprises
Funding for African startup fell by 32% in 2024, totaling $1.9 billion between January and November due to disruptions caused by insecurity
Access Holdings Plc, parent of Access Bank, has acquired a majority stake in Afrasia Bank Limited, Mauritius, enhancing its trade finance capabilities
