Oluwatosin Alao

803 Articles

New Visa office signals Ethiopia’s rising role in Africa’s payments market

Visa, a global leader in digital payments, is deepening its presence in Africa with the opening of a new office in Addis Ababa, Ethiopia, a move that reflects the country’s growing influence in the region’s financial services industry.  The expansion comes as Ethiopia works to modernize its payments system, widen access to banking services and create more room for financial…

Oluwatosin Alao Oluwatosin Alao

Zambia delays U.S. health deals amid dispute over minerals and data access

Zambia’s dispute with Washington over a proposed $2 billion health funding package is highlighting growing tensions across Africa over foreign aid conditions, critical minerals access and data privacy rules. The talks, still ongoing but stalled, have become part of a wider debate over how development financing intersects with resource diplomacy on the continent.  At issue is a U.S. proposal that…

Oluwatosin Alao Oluwatosin Alao

South Africa’s Transnet gets $352 million French funding for clean ports

South Africa’s state-owned logistics operator Transnet and France, through Agence Française de Développement, have signed a $352 million loan agreement worth about R5.86 billion. The deal is aimed at helping South Africa modernize its ports and freight rail network while reducing emissions across key transport corridors.  The agreement comes as South Africa continues to wrestle with persistent freight rail delays,…

Oluwatosin Alao Oluwatosin Alao

East Africa gains as Tanzania, Rwanda deepen economic ties

Trade links between Tanzania and Rwanda are entering a new phase as both countries move to strengthen cooperation in commerce, infrastructure and energy, underscoring a wider push for economic integration across East Africa.  The renewed partnership follows talks in Dar es Salaam between Samia Suluhu Hassan and Paul Kagame, where both leaders agreed to broaden cooperation in trade, investment, transport,…

Oluwatosin Alao Oluwatosin Alao

Cloud9 acquires M-Tickets, targeting Africa’s fast-growing events economy

Cloud9, a fintech startup aimed at providing digital banking, payments and savings for young Africans, has acquired digital ticketing platform M-Tickets. The move signals a further consolidation in a sector that has expanded quickly as Kenya’s growing middle class looks for easier ways to access live entertainment. In cities such as Nairobi, more consumers now buy tickets on mobile phones,…

Oluwatosin Alao Oluwatosin Alao

Kenya floods choke Syokimau, leaving commuters stranded and livelihoods under pressure

Heavy rains have once again exposed the fragile state of urban infrastructure in Kenya, with flooding in Syokimau turning major roads into muddy waterways and bringing daily movement to a near halt.  For thousands of commuters living in the fast-growing suburb southeast of Nairobi, the flooding has become more than a weather disruption. It has delayed work, cut into business…

Oluwatosin Alao Oluwatosin Alao

Fresh investors eye Madagascar nickel mine after Sumitomo exit

Global investors are taking a closer look at Africa’s critical minerals sector as demand for battery metals continues to rise and supply chains remain tight. Nickel, used in electric vehicle batteries and stainless steel, has regained attention among commodity traders and mining investors. That shift in sentiment has placed Madagascar’s Ambatovy nickel project back in focus following a change in…

Oluwatosin Alao Oluwatosin Alao

10 women coaches shaping the future of African sport

Across African sport, a quiet but powerful shift is underway. From football pitches in Johannesburg to basketball courts in Lagos, women are moving from the sidelines into the tactical center of the game. These coaches are not only winning titles but also redefining leadership in African sport, building pathways for the next generation of athletes and reshaping global perceptions of…

Oluwatosin Alao Oluwatosin Alao

Singita’s Elela to debut in Okavango Delta with private luxury safaris

Africa’s luxury travel market is drawing growing global attention, with travelers seeking experiences that offer privacy, authenticity and a deeper connection to nature. Few destinations meet that demand as naturally as the Okavango Delta, a vast wilderness known for rich wildlife, sweeping floodplains and some of the finest safari experiences on the continent.  Now, Singita is preparing to expand its…

Oluwatosin Alao Oluwatosin Alao

10 male fashion designers driving Africa’s style scene in 2026

African fashion is earning a stronger place on the global stage, and menswear is becoming one of its clearest success stories. Across style centers such as Lagos, Johannesburg, Accra and Kampala, designers are building brands that speak to both local identity and international taste. Their work reflects careful craftsmanship, strong creative direction and a growing confidence in African luxury fashion. …

Oluwatosin Alao Oluwatosin Alao

Mobile data becomes Zimbabwe telecoms’ biggest business as digital use surges

Zimbabwe’s telecom industry is being reshaped by one clear change: mobile data has become the biggest source of revenue for network operators, reflecting how people now use their phones more for internet access than for traditional calls and text messages.  That change is unfolding as smartphone adoption rises, digital payments become more common, and more consumers rely on streaming platforms,…

Oluwatosin Alao Oluwatosin Alao

Ethiopia bets on telecom, fintech, AI to build East Africa’s digital hub

Ethiopia is moving deeper into the digital economy, placing telecom expansion, financial technology and artificial intelligence at the center of its next phase of growth. As internet use rises and mobile payments become more common, the country is positioning technology as a practical tool for business, public services and wider economic development.  That shift is being led by Ethio telecom,…

Oluwatosin Alao Oluwatosin Alao