Zimbabwe is preparing to host the 25th COMESA Heads of State and Government Summit in Harare later this year. The summit is expected to bring together leaders from member states to discuss trade, investment, industrialisation and regional economic integration. Zimbabwe’s government has approved plans for the summit, which is scheduled for October 22, 2026. A […]
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ABUJA — The Federal Government has continued to defend President Bola Tinubu’s economic reforms, saying the measures helped Nigeria avoid a deeper financial crisis. The reforms include the removal of petrol subsidy and changes to the foreign exchange system. Finance Minister Taiwo Oyedele said the administration inherited an economy facing serious financial pressure and difficult […]
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Federal Government says subsidy reform has strengthened Nigeria’s finances The Federal Government says Nigeria has saved about ₦15.8 trillion since the removal of the petrol subsidy. The government says the decision has helped reduce the financial pressure created by the subsidy system and provided more resources for other areas of the economy. Officials have continued […]
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ABUJA, Nigeria — Nigeria is making a major push to become one of Africa’s leading digital infrastructure centres, with the Federal Government targeting $750 million in private investment for cloud and data infrastructure over the next two years. The government recently unveiled the National Digital Cloud Policy, designed to attract investment into Nigeria’s growing digital […]
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LAGOS, Nigeria — African e-commerce company Jumia has secured $50 million in new funding as the company continues its push towards profitability. The company announced the new capital alongside its second-quarter 2026 results. Jumia said its gross merchandise value — the total value of goods sold through its platform — reached $216.3 million in the […]
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CAPE TOWN, South Africa — Africa’s push to increase trade between its own countries will take centre stage next month as business and political leaders meet in Cape Town to discuss the future of the African Continental Free Trade Area. AfCFTA Secretary-General Wamkele Mene is expected to headline the Project Management Institute’s Global Summit Series […]
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Accra, Ghana — August 18, 2026 Ghana has moved up to sixth place among the world’s largest gold-producing countries, overtaking the United States. The latest figures show that Ghana produced about 185 tonnes of gold in 2025, equivalent to 5.94 million ounces. The figure represents an increase of more than 23 per cent compared with […]
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Accra, Ghana — August 18, 2026 The Cyber Security Authority (CSA) has fined Ernst & Young (EY) Ghana GH¢360,000 for providing regulated cybersecurity services without the required licence. The Authority said EY Ghana continued to provide cybersecurity services despite being directed to comply with Ghana’s cybersecurity licensing requirements. According to the CSA, EY Ghana had […]
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Accra, Ghana — August 18, 2026 Ghana’s Parliament has seen fresh debate over the financial operations of the Ghana Gold Board (GoldBod), with the Minority demanding answers over an alleged loss of about GH¢22 billion. Minority Leader Alexander Afenyo-Markin says Ghanaians deserve a clear explanation of how public funds were used in the country’s gold […]
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