South African billionaire Johann Rupert has steered luxury giant Richemont through one of the toughest periods facing the global luxury industry, delivering impressive sales growth despite soaring gold prices, trade tensions, and weakening consumer confidence across several international markets. The…

Nigeria’s economic recovery gained fresh momentum after global ratings agency S&P Global Ratings linked the country’s improving outlook to the growing impact of the Dangote Petroleum Refinery & Petrochemicals. The agency upgraded Nigeria’s sovereign credit rating from “B-” to “B,”…

Burkina Faso is tightening its control over a $7 billion gold industry as the military-led government accelerates reforms aimed at reducing foreign dominance in mining and strengthening national ownership.  President Ibrahim Traoré has positioned the sector at the center of…

President Cyril Ramaphosa has signed key sections of South Africa’s Companies Amendment Act into law as the country prepares for another potentially painful interest rate decision from the South African Reserve Bank.  At the same time, growing safety fears surrounding…

Lagos State has recorded a total revenue of N2.6 trillion in 2025, marking a strong 16 per cent rise from the N2.3 trillion generated in 2024.  The state government says improved tax reforms and digital systems drove the growth. The…

Investor interest in the Dangote Refinery continues to surge as the company moves closer to what could become one of Africa’s biggest stock market listings. Aliko Dangote, president of the Dangote Group, revealed that the refinery is targeting about $2 billion…

Lagos State Ministry of Commerce, Cooperatives, Trade & Investment Officially Endorses African Entrepreneurship & Business Summit (AEBS) 2026 The Lagos State Ministry of Commerce, Cooperatives, Trade & Investment (MCCTI) has officially endorsed the African Entrepreneurship & Business Summit (AEBS) 2026,…