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Investment Opportunities in Africa

President Ndayishimiye Hails Mining Find as a Potential Solution to the Nation's Economic Woes

Finance

Jul 21, 2024

Burundi Discovers "Fabulous" Cassiterite Mine valued at over $50 billion Amid Socio-Economic Crisis

Burundi, currently grappling with a severe socio-economic crisis marked by fuel, sugar, and medicine shortages, has found a…

Latest News

President Ndayishimiye Hails Mining Find as a Potential Solution to the Nation's Economic Woes

Finance

Jul 21, 2024

Burundi Discovers "Fabulous" Cassiterite Mine valued at over $50 billion Amid Socio-Economic Crisis

Arsenal's Rising Star Joins the Red Devils, Marking a Strategic Youth Acquisition

Sports

Jul 21, 2024

Manchester United Secure NIgerian-Danish Wonderkid Chido Obi-Martin from Arsenal

DRC Navigates Tense Relations with Uganda Amid Accusations

Community

Jul 20, 2024

DRC Navigates Tense Relations with Uganda Amid Accusations and joint fight against ADF

Uganda's Gen Z Plans Anti-Corruption Demonstrations Amidst Allegations of Foreign Interference

Politics

Jul 20, 2024

Museveni and Ruto Accuse Foreign Entities of Sponsoring Anti-Government Protests

Jul 21, 2024

Burundi Discovers "Fabulous" Cassiterite Mine valued at over $50 billion Amid Socio-Economic Crisis

Burundi, currently grappling with a severe socio-economic crisis marked by fuel, sugar, and medicine shortages,…

Portrait of Aliko Dangote, Africa's richest man, wearing a navy suit, white shirt, and red tie, with glasses, against a grey background

Jul 14, 2024

Aliko Dangote's Surprising Real Estate Choices: A Commitment to Nigeria's Growth

Aliko Dangote, Africa's richest man, has shocked many Nigerians by revealing that he does not…

Tshifhiwa Matodzi, former chairperson of VBS Mutual Bank, sentenced to 15 years for orchestrating massive corruption scheme

Jul 11, 2024

Mastermind of South Africa's $130m Bank Scandal Jailed

A South African court has sentenced Tshifhiwa Matodzi, the mastermind behind a $130m banking scandal,…

A Transnet locomotive, designated TAL 2001, is seen arriving at a ceremony with people waving South African flags in the foreground.

Jul 17, 2024

African Development Bank Approves $1 Billion Loan for South Africa's Transnet

The African Development Bank (AfDB) has approved a $1 billion loan for South Africa's Transnet…

Uganda's low-cost fuel supply efforts encounter challenges as Kenya imposes increased bond fees on an undeclared extra diesel cargo, raising concerns over future pump prices and import plans.

Jul 12, 2024

Uganda Faces Hurdles Over Extra Diesel Cargo in Mombasa

Uganda's effort to supply low-cost fuel hit a snag as the country faced unexpected bond…

Traditional African elements, such as vibrant textiles and unique architectural styles, are present. The sky is clear and bright, symbolizing a positive economic outlook.

Jul 10, 2024

Ghana Consumer Inflation Slows to 22.8% in June

Ghana's consumer inflation rate eased for the third consecutive month, reaching 22.8% year-on-year in June,…

A detailed map of Africa with a large bank safe in the center. The safe door is wide open, revealing just a few pennies inside. The map shows clear borders and names of the countries, with a muted, neutral color scheme background that emphasizes the map and the safe.

Jul 15, 2024

Lola Group Grants $33 Million to SDD-UBIDS as Leader Claims All African Countries Can't Afford Guarantees

Vivian Fray Tarrence, team lead for the international investment platform Lola Group in Turkey, declared…

The IMF also anticipates the budget deficit to widen to 6% from 3.45% as a result of declining mineral revenues. In a statement, the IMF urged the diamond-rich southern African nation to consider slowing down new infrastructure projects to stabilize the economy.

Jul 13, 2024

IMF Slashes Botswana's 2024 Growth Forecast Amid Diamond Market Woes

The International Monetary Fund (IMF) has significantly reduced Botswana’s 2024 growth forecast to 1% from…

Jul 5, 2024

Kenya's Ruto Pledges cutting expenditure After Protests

Kenyan President William Ruto on Friday announced spending cuts of 177 billion shillings ($1.39 billion)…

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