Africa economy

African Parliaments Take Bold Action to Stop $587 Billion Annual Revenue Losses
On Monday, legislators from across Africa gathered in Abuja to devise collaborative measures aimed at halting the continent’s staggering annual financial outflow of $587 billion,...

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Politics Today
1 month ago1 month ago

On Monday, legislators from across Africa gathered in Abuja to devise collaborative measures aimed at halting the continent’s staggering annual financial outflow of $587 billion, a figure highlighted by the African Development Bank (AfDB) earlier this year. This meeting coincides with Nigeria’s National Assembly reaffirming its dedication to launching the National Assembly Budget and Research...

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Breaking News: Nigeria’s Economy Surges with 4.32% GDP Growth in Q2 2025!
Recent data from the National Bureau of Statistics reveals that Nigeria’s economy continues to demonstrate robust growth and resilience, with the Gross Domestic Product (GDP)...

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Politics Today
1 month ago1 month ago

Recent data from the National Bureau of Statistics reveals that Nigeria’s economy continues to demonstrate robust growth and resilience, with the Gross Domestic Product (GDP) expanding by 4.23% year-on-year in real terms during the second quarter of 2025. This growth rate surpasses the 3.48% recorded in Q2 2024 and also exceeds the 3.13% growth seen...

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Africa’s $50 Billion Annual Food Import Bill: What It Means for the Continent’s Future
Africa’s $50 Billion Annual Food Import Bill: A Lost Opportunity for Local Employment Noel Mulinganya, Deputy Head of the Youth in Agricultural Business Unit at...

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Business Updates
2 months ago2 months ago

Africa’s $50 Billion Annual Food Import Bill: A Lost Opportunity for Local Employment Noel Mulinganya, Deputy Head of the Youth in Agricultural Business Unit at IITA-CGIAR, highlighted a critical economic challenge during the Africa Food System Forum (#AFSForum2025) held recently in Dakar, Senegal. He emphasized that Africa’s heavy dependence on food imports, which amount to...

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How London’s New IPO Rules Could Launch Africa’s Next Global Giants
In June 2019, Airtel Africa made a remarkable debut on the London Stock Exchange, raising close to $700 million and securing a spot in the...

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Tech
2 months ago2 months ago

In June 2019, Airtel Africa made a remarkable debut on the London Stock Exchange, raising close to $700 million and securing a spot in the FTSE 100 within just two years. Shortly thereafter, Helios Towers followed suit with a $364 million initial public offering (IPO), joining the FTSE 250 in a mere two months. These...

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