Nairobi, Kenya – A groundbreaking $11.3 million financing facility, the Peace Renewable Energy Certificate (P-REC) Aggregation Facility, has been launched to accelerate clean energy access in some of Africa’s most challenging environments. The African Development Bank Group (AfDB) is contributing $5.65 million through its Sustainable Energy Fund for Africa (SEFA), matched by an equal amount … Read more
South Africa stands on the precipice of a national economic crisis, with a potentially devastating surge in fuel prices looming on April 1st. Economists warn that without immediate and decisive government intervention, the financial strain on citizens – particularly the working class – could cripple the economy, leading to widespread job losses and a significant … Read more
Mauritius and Zambia Forge New Tech Partnerships at Landmark ICT Forum Lusaka, Zambia – A pivotal moment for digital collaboration in Africa is unfolding as Zambia prepares to host the Mauritius–Zambia ICT Business Forum on March 23, 2026. The event signals a deepening commitment from both nations to a shared digital future, one built on … Read more
The Nigerian Exchange (NGX) experienced a positive turnaround on Tuesday, driven by investor confidence in fundamentally sound stocks. This rebound followed a brief period of market decline, signaling renewed optimism among traders. The benchmark index closed with a gain of 0.85 per cent, reflecting increased demand across several key sectors. This positive movement suggests a … Read more
Africa’s Economic Ascent Hinges on Power Infrastructure Africa is experiencing a period of significant economic momentum, with projections indicating a 4.3% growth rate in 2026, outpacing many developed nations. East Africa is poised for even stronger expansion, forecast at 5.8%. This resurgence is fueled by a return of foreign investment, deepening capital markets, and a … Read more
Lagos, Nigeria – In a significant development for African energy markets, Nigeria’s Dangote Petroleum Refinery has commenced exporting refined fuel to several nations across the continent. This move comes amid escalating global oil prices, fueled by ongoing conflict in the Middle East and subsequent disruptions to crucial shipping lanes. The conflict, now entering its third … Read more
Lagos, Nigeria – In a move signaling a maturing cryptocurrency market in Nigeria, Luno, a leading digital asset exchange, has unveiled a first-of-its-kind structured Crypto Prediction Market. This innovative product offers Nigerian investors a new way to engage with cryptocurrencies, moving beyond traditional buying and selling towards outcome-based participation. The platform allows users to predict … Read more
Johannesburg stands on the precipice of a pivotal election, with the outcome poised to reshape the political landscape of South Africa’s economic heartland. A new report from the Centre for Strategic Leadership (CSL) signals a dramatically altered power dynamic, suggesting that the gains made by some parties in the 2024 national elections will likely be … Read more
A diplomatic firestorm erupted Tuesday as Türkiye vehemently condemned Israel’s recent actions targeting high-ranking Iranian officials, characterizing them as unlawful “assassinations” and a breach of international law. The escalating tensions signal a dangerous new phase in the region’s ongoing instability, prompting urgent calls for de-escalation. Turkish Foreign Minister Hakan Fidan, speaking from Ankara, demanded an … Read more
ABUJA – In a decisive move to ensure a level playing field and uphold the integrity of the upcoming 2027 general elections, President Bola Tinubu has issued a directive mandating all political appointees aspiring to contest elective office to resign their positions by March 31, 2026. The directive, announced today, impacts a broad spectrum of … Read more