South Africa’s corporate sector is showing signs of deepening stress as 135 companies shut down in February 2026, highlighting growing economic strain across key industries. While official data from Statistics South Africa points to a slight year-on-year decline in total…
A remarkable African success story is unfolding in global finance as Moroccan-born trader Hamza Lemssouguer rapidly builds one of Europe’s most talked-about hedge funds. In just four years, his firm Arini Capital has surged to $20 billion in assets under…
Ethiopia has secured a landmark legal victory after successfully defending two major international arbitration cases valued at more than $850 million. The Ministry of Justice confirmed the rulings, describing them as a strong endorsement of the country’s regulatory authority and…
Global ride-hailing leader Uber has unveiled a major $300 million (R5 billion) investment plan in South Africa, signaling renewed confidence in Africa’s largest and most industrialized economy. The move strengthens Uber’s long-term strategy to expand mobility, delivery services, and digital…
France has intensified efforts to secure uranium supplies from Botswana after losing access to critical mining assets in Niger, signaling a major shift in Europe’s nuclear energy strategy. The move comes as global competition for uranium accelerates and energy security…
Uganda’s opposition leaders have intensified pressure on the government, warning that the country’s growing debt burden could destabilize the economy and weaken public services. As debates around the 2026/27 national budget gain momentum, concerns continue to mount over fiscal sustainability…
Africa’s industrial transformation is gaining fresh momentum as the African Export-Import Bank steps up support for the Dangote Group in its bold push toward a $100 billion annual revenue target by 2030. The announcement signals a major shift in Africa’s…
President John Dramani Mahama is set to headline The Africa Debate 2026 in London, reinforcing Ghana’s growing influence in global investment conversations while deepening economic ties between Ghana and the United Kingdom. The major announcement comes as Invest Africa unveils…
The global tech industry has recorded a sharp wave of layoffs in early 2026, as companies restructure and adapt to artificial intelligence. Reports show that 78,557 workers lost their jobs between January and April, marking one of the most significant…
Burkina Faso’s tourism sector delivered a strong performance in 2025, generating nearly $165 million despite persistent security challenges across parts of the country. The latest government data highlights the industry’s resilience and growing role in economic recovery. The growth reflects…