Home - African CEO Magazine

African Economy

Ghanaians Seek Fiscal Reform and Economic Stability

In Ghana, a new administration takes the reins, and with it comes heightened expectations from the business community. Calls for fiscal discipline, job creation, and price stability top the list of priorities for stabilizing the Read More
African Outlook

KONE Appoints Loay Dajani as the New Managing Director for the Middle East, Turkey, and Africa

Dajani brings a wealth of knowledge and expertise to KONE, having held numerous senior positions throughout his careerKONE, a global leader in the elevator and escalator industry, is thrilled to announce the appointment of Loay Read More
African Outlook

The African Continental Free Trade Area (AfCFTA) Secretariat and AFRICA24 Media Group sign historic Memorandum of Understanding to boost Continental Free Trade Area and media collaboration

The AfCFTA Secretariat and the leading media group AFRICA24 have agreed to turn this partnership into a genuine platform that promotes projects, companies and institutions through an innovative large-audience narrativeThe Secretariat of the African Continental Read More
CEO100

Top 100 CEOs in Africa

The African CEO Magazine will publish the Top 100 CEOs in Africa (Africa’s Top 100 CEOs) annual list in December 2024. It is an initiative to profile the Best-Performing CEOs on the continent in the Read More
African Economy

Afreximbank to Host 2024 Trade Finance Seminar and Factoring Workshop in Windhoek, Namibia

The event will address critical trade finance trends, tools and offer training in innovative strategies to bolster Africa’s trade ecosystem African bankers, financiers, legal practitioners, insurers, and professionals from regulatory agencies and corporates, from across Read More
African Outlook

4 crucial steps for Small and Medium-sized Enterprises (SMEs) to bolster their cybersecurity defences

A recent survey by cybersecurity firm KnowBe4 (www.KnowBe4.com) has uncovered a concerning gap in security practices between small and large businesses. The study, which polled 2,600 IT professionals, found that 62% of small and medium-sized Read More
African Economy

Africa Finance Corporation (AFC) Secures US$300 Million Loan, Expanding Investor Base with Indian Lenders

Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has successfully closed a US$300 million India-focused syndicated loan, marking a significant milestone in its ongoing strategy to diversify its international investor base. The transaction Read More
African Economy

Afreximbank delivers strong financial results for the nine months ended 30 September 2024, surpassing prior year’s performance despite a challenging operating environment

The Group delivered a solid performance, closing the third quarter in a strong financial position, evidenced by its healthy liquidity levels, better asset quality, and robust capital adequacy levels African Export-Import Bank (“Afreximbank” or the Read More

South African power grid receives nuclear boost

January 6, 2025 Comments Off

Eskom, the South African electricity public utility, has synchronised Unit 2 of the Koeberg Nuclear Power Station in Cape Town to the national grid following a long-term operation (LTO) programme designed to extend its operational lifespan Read More

Comapire SARL becomes Perkins distributor in Morocco

January 5, 2025 Comments Off

Perkins, a global power systems powerhouse, has appointed Comapire as its new authorised distributor in Morocco. Replacing Seco Power in the country, Compaire was selected due to its extensive industrial engines experience, strong knowledge of the territory and proven customer relationships. Read More

Senegal, Mauritania Achieve First Gas at Greater Tortue Ahmeyim (GTA)

January 3, 2025 Comments Off

Project developers Kosmos Energy and bp have officially opened the first well of the Greater Tortue Ahmeyim project offshore Senegal and Mauritania, representing a crucial Read More

Libya joins Afreximbank to boost trade

African Outlook

January 4, 2025 Comments Off

The State of Libya has officially joined the African Export-Import Bank (Afreximbank), becoming the 53rd member, marking an important step toward enhancing continental trade and economic integration Read More

Top 10 Most Indebted African Countries to the IMF in Q4 2024

African Economy

December 29, 2024 Comments Off

African countries are grappling with mounting debts to the International Monetary Fund (IMF), with ten nations emerging as the most indebted in Q4 2024. These debts reflect a significant reliance on external financing to address Read More

Africa’s mines turn to solar in sustainability push

January 1, 2025 Comments Off

In 2018, at the Otjikoto mine in Namibia, B2Gold unveiled what was then an unusual sight at an African mining operation – an installation of solar panels. Read More

Africa Finance Corporation (AFC) invests in Africa’s largest copper complex, driving mineral beneficiation on the continent

August 7, 2024 Comments Off

Kamoa-Kakula is a world-class, high-grade, low carbon-intensive, underground copper deposit situated on the western edge of the prolific Central African Copperbelt Africa Finance Corporation (AFC), Read More