Nigeria’s top corporates—including MTN, Dangote, Nestlé, and BUA—lost a staggering N2.17 trillion to forex pressures in 2024, as naira devaluation redefined bottom-line performance across key sectors.
Discover how Microsoft’s Copilot AI just got smarter with 10 powerful new features. From writing and coding to task management, here’s what’s new.
After two earlier attempts, Henri Ousmane Gueye finally wins big at the 2024 Africa’s Business Heroes Prize Competition, taking home $300K for EyOne, his groundbreaking health-tech company making waves in Senegal’s healthcare sector.
Wema Bank has delivered its highest financial performance in five years, recording N433.43 billion in gross earnings and N102.5 billion in pre-tax profit for 2024. A mix of strong loan growth, smart investments, and digital banking innovation fueled this milestone year.
Five West African startups have received £500K in grants through TRANSFORM West Africa to scale circular and sustainable solutions, with Nigeria in the spotlight.
FAC secures €2 million from IFC to expand its dairy and juice production in Cameroon. The partnership will support food security, job creation, and small business growth in the agribusiness sector.
Trump's latest tariff policy imposes a 14% duty on Nigerian exports, citing Nigeria’s 27% tariff on U.S. goods. The decision is part of a sweeping trade overhaul affecting over 50 countries, with major implications for global commerce and Africa’s trade relations with the U.S.
Investor interest in FGN bonds stayed high despite a decline in offer volumes, with total subscriptions reaching N2.83 trillion in Q1 2025. The government's cautious borrowing strategy reflects efforts to manage debt amid rising interest rates.
Côte d’Ivoire’s push for universal clean water access gets a major boost with a $156M financing deal secured by Deutsche Bank. The investment will fund critical infrastructure projects, bringing safe drinking water to millions.
French regulators have fined Apple €150 million for abusing its power in mobile advertising. The penalty highlights growing scrutiny over Apple’s App Tracking Transparency (ATT) feature, which critics say unfairly benefits the tech giant while harming smaller advertisers.