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HomeAfrica Business News

Africa Business News

Africa Business News

Biased credit ratings raising borrowing costs in Africa – Yemi Kale

June 28, 2025 African CEO Magazine Comments Off on Biased credit ratings raising borrowing costs in Africa – Yemi Kale
Group Chief Economist and Managing Director of Research and Trade Intelligence at the African Export-Import Bank (Afreximbank), Dr Yemi Kale, has said that flawed and […]
Africa Business News

Full implementation of Free Trade Agreement to double intra-African trade by 2035 – Afreximbank President

June 28, 2025 African CEO Magazine Comments Off on Full implementation of Free Trade Agreement to double intra-African trade by 2035 – Afreximbank President
The President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, has predicted that intra-African trade—which the bank’s […]
Africa Business News

Africa must reduce dollar reliance to strengthen intra-continental trade – AfCFTA Secretary

June 28, 2025 African CEO Magazine Comments Off on Africa must reduce dollar reliance to strengthen intra-continental trade – AfCFTA Secretary
Secretary General of the African Continental Free Trade Area (AfCFTA) Secretariat, Wamkele Mene, has called for a significant reduction in Africa’s reliance on the US […]
Africa Business News

FG, Rwanda seal double taxation deal at AAM2025 to boost cross-border investment

June 28, 2025 African CEO Magazine Comments Off on FG, Rwanda seal double taxation deal at AAM2025 to boost cross-border investment
The Federal Government and the Republic of Rwanda have signed a landmark Agreement on the Avoidance of Double Taxation and the Prevention of Fiscal Evasion […]
Africa Business News

Egypt urges acceleration of renewable energy projects, local manufacturing

June 28, 2025 African CEO Magazine Comments Off on Egypt urges acceleration of renewable energy projects, local manufacturing
Egyptian President, Abdel Fattah Al-Sisi, has urged stepped-up efforts to expand investment in renewable energy to localise production of equipment used in the sector Egypt’s […]
Africa Business News

DRC extends ban on cobalt export for another three months

June 27, 2025 African CEO Magazine Comments Off on DRC extends ban on cobalt export for another three months
A regulatory agency announced Saturday that the Democratic Republic of Congo has extended its ban on cobalt exports for three months, a measure aimed at […]
Africa Business News

World Bank grants South Africa $1.5B for infrastructure, green energy

June 27, 2025 African CEO Magazine Comments Off on World Bank grants South Africa $1.5B for infrastructure, green energy
The World Bank granted South Africa a $1.5 billion loan to upgrade transportation infrastructure and help it transition toward a low-carbon economy, the country’s National […]
Africa Business News

South Africa launches vaccination drive to combat foot-and-mouth disease outbreak

June 27, 2025 African CEO Magazine Comments Off on South Africa launches vaccination drive to combat foot-and-mouth disease outbreak
South Africa has launched a nationwide livestock vaccination program to curb a growing outbreak of foot-and-mouth disease, which has hit one of the country’s largest […]
Africa Business News

Angola’s Lourenço tells U.S : shift from aid to investment

June 27, 2025 African CEO Magazine Comments Off on Angola’s Lourenço tells U.S : shift from aid to investment
“It is time to replace the logic of aid with the logic of ambition and private investment”, Angolan President João Lourenço said in the opening […]
Africa Business News

AfDB unveils $6 billion plan to boost health infrastructure and pharmaceutical manufacturing in Africa

May 29, 2025 African CEO Magazine Comments Off on AfDB unveils $6 billion plan to boost health infrastructure and pharmaceutical manufacturing in Africa
The African Development Bank (AfDB) Group is implementing a $6 billion investment plan to transform Africa’s healthcare landscape and strengthen health systems across the continent. […]

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