Economy

10 business ideas to pursue in Africa: Packaging, baked goods, affordable housing and more

Economy Editor in Chief - September 27, 2021

From the manufacturing of packaging material in Malawi to supplying baked goods to Kenyan hotels, here are a selection of potential business...

Ethiopia to Print Its Own Currency in Push for Economic Sovereignty

Economy Editor in Chief - January 16, 2026

Credit - Mintesinot Nigussie (Birr Metric) Ethiopian Investment Holdings plans to begin building domestic currency printing capacity as part...

South Africa Grants Visa-free Status to Ghana and Sao Tome & Principe

South Africa Editor in Chief - July 13, 2019

South Africa's Home Affair Minister Aaron Motsoaledi South Africa on Wednesday announced it will grant visa-free entry to...

AfDB Boss, Akinwumi Adesina Cleared of all Corruption Charges

Africa Editor in Chief - July 29, 2020

An Independent Review Panel has cleared Akinwumi Adesina, the president of the African Development Bank (AfDB) of corruption and Abuse of Office...

Over 300 new mining sites discovered in Cameroon

Economy Editor in Chief - September 20, 2019

Cameroon's Minister of Mining, Industries and Technological Development Gabriel Dodo Ndoke announced on Tuesday that 300 mining sites have been discovered in...

AfDB Approve $210 Million Loan to Nigeria for Electricity Infrastructure Upgrade

Banking & Finance Editor in Chief - December 2, 2019

The African Development Bank (AfDB) has approved a $210 million loan to help Nigeria upgrade its dilapidated electricity transmission and distribution...

Senegal: Souadou Niang is a former cleaner who became a hotel owner

Economy Editor in Chief - March 6, 2021

https://www.youtube.com/watch?v=g5ZNaONJ6QY&ab_channel=BBCAfrique Souadou Niang started as a cleaner in a renowned hotel in the USA.

Ethiopian Airlines Expands Services in France and Turkey

Business & Investments Editor in Chief - May 6, 2019

Ethiopian Airlines the largest Aviation Group in Africa and SKYTRAX certified Four Star Global Airline has announced that it will has finalized...

Boeing admits knowing 737 Max problem a year before crashes

Africa Editor in Chief - May 7, 2019

Boeing has admitted it knew the 737 Max planes had alert system problems a year before the Lion Air and Ethiopian Airlines...

Uganda, Rwanda and Ethiopia among top 12 travel destinations

Tourism Editor in Chief - May 6, 2019

Uganda, Rwanda and Ethiopia have been ranked among the top dozentourism destination in the world. According to the 2019 annual report...

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