Tag: Africa

McDonald’s in Africa: African countries with McDonald’s restaurants

McDonald’s adapts to local tastes and economies in Morocco, Egypt, South Africa, and Tunisia with growing impact beyond fast food.

Omokolade Ajayi Omokolade Ajayi

China to remove all tariffs on African exports to boost trade

China will remove all tariffs on exports from 53 African nations to boost trade, cut a $62 billion deficit, and support AfCFTA-linked industrial growth.

Timilehin Adejumobi Timilehin Adejumobi

Nigeria’s Ogun State, set to become Africa’s largest cement-producing region

At a Glance Ogun State is on track to become Africa’s top cement-producing state or region, bolstered by the expansion of Dangote Cement, the continent’s leading cement producer. Africa’s richest man, Aliko Dangote, reaffirmed this vision during a visit to the $800 million Itori cement factory, which is expected to be completed by November 2026. Dangote Cement expands production in…

Omokolade Ajayi Omokolade Ajayi

U.S. blacklist of China’s gaming giant wipes out $3.8 billion from Africa’s most valuable company

This decline reflects a ripple effect from Tencent’s own struggles, with the Chinese tech giant’s shares falling over 6 percent since the start of the year.

Omokolade Ajayi Omokolade Ajayi

Nigerian superstar musician Tems’ “Wait for U” with Drake, Future nears 1 billion Spotify streams

The song, a collaboration with American rapper Future and Canadian rapper Drake, highlights her distinctive artistry and broad international appeal.

Omokolade Ajayi Omokolade Ajayi

Paradise under threat: Africa’s safest tourist haven could run out of water by April

If the situation doesn't improve by April, the island could find itself without enough water to sustain its population and vital industries.

Omokolade Ajayi Omokolade Ajayi

How technology is redefining jobs and careers across Africa

Technology is transforming jobs and careers across Africa driving innovation, productivity, and economic growth

Timilehin Adejumobi Timilehin Adejumobi

MTN Ghana’s market cap increases by $132 million on GSE in first 20 days of 2025

This boost has cemented MTN Ghana’s place as one of the top companies in both West and Central Africa.

Omokolade Ajayi Omokolade Ajayi

Discover Africa’s 16 landlocked Countries and their hidden gems

At a Glance: Africa is home to 55 countries, and approximately a third of them—16 nations—are landlocked, meaning they lack direct access to the ocean. These countries face unique challenges, particularly in trade and economic development. In fact, 14 of them are ranked "low" on the Human Development Index (HDI), which factors in life expectancy, education, and income.  Being landlocked…

Timilehin Adejumobi Timilehin Adejumobi

Dangote Cement falls to third place on Nigerian Exchange, losing nearly $1 billion in 48 hours

The reversal not only cost Dangote Cement its top position but relegated it to third place on the NGX, trailing behind Airtel Africa Plc and BUA Foods.

Omokolade Ajayi Omokolade Ajayi

Why Africa’s projected 4.2% growth in 2025 is a turning point for the continent

Africa’s economic revival is unfolding in a way that is both significant and encouraging.

Omokolade Ajayi Omokolade Ajayi

Capitec Bank: South Africa’s $19 billion retail banking giant with 22.1 million customers

Founded in 2001, Capitec has grown into Africa's largest retail bank by market size, assets, and customer base.

Omokolade Ajayi Omokolade Ajayi