African Economy
Chery Acquires Nissan Factory in South Africa as Chinese Automakers Expand Into African Market
Chinese electric vehicle manufacturer Chery has acquired a factory from Nissan in South Africa, signaling a major strategic push by Chinese automakers to...
Nigeria’s Fashion Council Urges Infrastructure Investment as Senate Backs Textile Import Ban
Nigeria's fashion industry leaders are calling for comprehensive institutional reforms to accompany the Senate's recent resolution banning foreign textile imports, warning that legislative...
Tinubu Promotes Nigeria as Africa’s Top Investment Destination at Kigali Forum
President Bola Tinubu is set to promote Nigeria’s economic reforms and investment opportunities at the Africa CEO Forum 2026 in Kigali, Rwanda, as...
Tony Elumelu Urges Africa to Embrace Foreign Investors for Growth
Nigerian businessman and philanthropist Tony Elumelu has called on African countries to welcome foreign investors and move beyond colonial era grievances in order...
Aliko Dangote Makes 2026 TIME100 List of World’s Most Influential People
Africa’s foremost industrialist Aliko Dangote has been named among the world’s most influential figures in the 2026 TIME100 list released by TIME Magazine...
Africa’s Billionaire Count Rises to 23 in 2026 With Net Worth of 126.7 Billion Dollars
Africa’s billionaire population has increased to 23 in 2026 with a combined net worth of about 126.7 billion dollars according to the latest...
Access Bank MD Urges Deeper Collaboration to Boost Intra African Trade
The Roosevelt Ogbonna, Group Managing Director of Access Bank Plc, has called on African policymakers financiers and businesses to strengthen collaboration to accelerate...
Top 10 African Countries with the Highest Minimum Salaries in January 2026
The rising cost of living continues to put pressure on African economies, salary structures, and households, even as economic growth remains relatively resilient...
South Africa Inflation Slows as Consumer Prices Ease to 3.5 Percent in January
South Africa’s annual inflation rate slowed to 3.5 percent in January, according to official data released by Statistics South Africa, signaling a moderation...
