New Trending Business Updates in Africa

breaking news

NIGERIA: Neymar Set For Sensational Return To Boyhood Club Santos****KENYA: Rongo Member Of Parliament Paul Abuor Arrested In Kenya Over Ksh.122M Constituency Development Fund Fraud****Malawi Red Cross Society Faces K3 Billion Deficit in Supporting Mozambique Asylum Seekers****NIGERIA: Fear Of Unemployment Pushed Me Into Tomato Business, I Now Import Trailer Loads From Ghana, Cameroon – Port Harcourt Based Business Woman****South Sudan Cabinet Approves Truth And Reparation Commissions

admin - May 22, 2025

South Sudan Media Authority Launches Official Website

By Debora Akur Chol, South Sudan The South Sudan Media Authority officially launched its new website on Wednesday under the theme “Refer to the Source,” with support from Human Rights Journalists. Speaking at the event, Managing Director Elijah Alier Kuai stated that the website will serve as the official communication platform for […]

admin - May 22, 2025

KENYA: President Ruto Unveils Major Housing Milestone In Kenya’s Mukuru Project

By Lisbeth Micheni, Kenya Kenyan President William Ruto, on Tuesday, officially handed over 1,080 newly built housing units to residents of Mukuru Kwa Njenga in Nairobi, marking a key milestone in Kenya’s Affordable Housing Programme. Speaking during the ceremony, a visibly jubilant Ruto celebrated what he described as the fulfillment of a […]

admin - May 22, 2025

MALAWI: Salima Sugar Company Kicks Off 2025 Production Season To Ease Sugar Scarcity

By Smile Hamilton, Malawi Salima Sugar Company has officially opened its 2025 sugar production season, a development expected to alleviate the shortage of sugar in local retail shops. According to Wester Kosamu, Executive Chairman of Salima Sugar Company Limited, the company anticipates producing 22,000 metric tons of sugar this year. […]

admin - May 7, 2025

NIGERIA: Agriculture Is the Lifeblood Of Our Economy – MD, Bank Of Agriculture

By Onoja Baba, Nigeria The newly appointed Managing Director of the Bank of Agriculture (BoA), Ayo Sotinrin, has described agriculture as the lifeblood of Nigeria’s economy. He stressed its pivotal role in driving inclusive growth, food security, and trade expansion across Africa. Sotinrin made this assertion while delivering a keynote address […]

admin - May 5, 2025

NIGERIA: Onanuga Disputes Adesina’s Claims On Nigeria’s Economic Decline Since 1960

By Onoja Baba, Nigeria The Special Adviser to the President on Information and Strategy, Bayo Onanuga, has faulted recent remarks by African Development Bank (AfDB) President, Akinwumi Adesina, that Nigerians are worse off today than they were in 1960. Onanuga described the assertion as misleading and based on inaccurate economic data. […]

admin - April 24, 2025

NIGERIA: Outrage As Stephen Akintayo Demands ₦30 Million For One-Year Mentorship

By Onoja Baba Nigerian billionaire entrepreneur and founder of Gtext Holdings, Dr. Stephen Akintayo, has stirred a flurry of reactions online after announcing an exclusive mentorship program with a jaw-dropping price tag of ₦30 million. Akintayo, who is known for his aggressive real estate expansion and personal finance evangelism, shared the news […]

admin - April 17, 2025

NIGERIA: Dangote Refinery Reduces Petrol Price To N835 Per Litre

By Ameenat Hamzat, Lagos, Nigeria Dangote Petroleum Refinery and Petrochemicals has announced a fresh reduction in the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol. The new price is now pegged at N835 per litre, down from the previous rate of N865, which was in effect for the past […]

admin - April 15, 2025

Kenya Sees Decrease In Fuel Prices, Petrol Down By Ksh.1.95, Diesel Ksh.2.20

By Lisbeth Micheni In a recent review by the Energy and Petroleum Regulatory Authority (EPRA), fuel prices in Kenya have been adjusted downward. Effective April 15 through May 14, the price of super petrol will drop by Ksh.1.95 to Ksh.174.63 per litre in Nairobi, while diesel will decrease by Ksh.2.20, bringing it […]

admin - April 7, 2025

MALAWI: Tobacco Commission Cracks Down On Impurities In Tobacco Bales

By Smile Hamilton, Malawi The Tobacco Commission has issued a stern warning to farmers, stating that any tobacco bales found to contain impurities such as debris, stones, and other unwanted materials will be rejected. This decision comes as the tobacco market is set to open in Lilongwe. According to Telephorus Chigwenembe, the commission’s […]

admin - April 5, 2025

NIGERIA: Nigeria’s Public Debt Jumps To N144.67tn In 2024, A 48.58% Increase

By Ameenat Hamzat, Lagos, Nigeria Nigeria’s public debt has risen to N144.67 trillion ($94.23 billion) as of December 31, 2024, marking a 48.58% increase from N97.34 trillion ($108.23 billion) in December 2023, according to the latest report from the Debt Management Office (DMO). The report, released on Friday, shows that Nigeria’s debt also […]