The Tony Elumelu Foundation has unveiled its 2026 entrepreneurship cohort, selecting 3,200 entrepreneurs from a massive pool of 265,000 applicants across 54 African countries. The announcement took place in Abuja, where founder Tony O. Elumelu revealed the latest beneficiaries of…

Africa’s richest man, Aliko Dangote, has warned that the ongoing Middle East crisis could force Nigeria and other African nations to return to COVID-19-era work-from-home policies if the situation worsens. Dangote made this known after a high-level meeting with President…

Namibia’s government has rolled out a sweeping procurement reform designed to prioritise local manufacturers and accelerate industrial growth, in a move expected to reshape the country’s supply chain landscape. The Ministry of Works and Transport is driving the initiative through…

Zimbabwean billionaire Strive Masiyiwa is driving a new phase of Africa’s digital finance evolution after his company, Cassava Technologies, secured a strategic partnership with US-based fintech giant Circle Internet Group. The deal aims to accelerate stablecoin adoption across Africa and…

Mozambique is spending about $1 million daily on vehicle imports in 2025, highlighting a sharp rise in consumer demand despite its low-income economic status. New data from the Bank of Mozambique shows that the country imported $259.5 million worth of…

Nigeria’s imports from Europe dropped sharply in 2025, signaling a major shift in the country’s global trade direction as Asia and the Americas gained stronger footing. Fresh data from the National Bureau of Statistics shows that imports from Europe declined…