Tag: African Economy

Afreximbank unveils $10 billion plan to shield Africa from Mideast crisis

Afreximbank approves $10 billion in support to shore up FX liquidity and critical imports across vulnerable African markets.

Timilehin Adejumobi April 7, 2026

Morocco’s Africa Feed & Food secures $91 million to expand agri-food capacity

Business Opinion

Morocco’s AFF secures $91 million to expand food industry

Morocco’s agri-food sector is attracting renewed investor attention, with fresh capital flowing into businesses linked to food security, processing and regional trade. The latest deal highlights how the North African economy is building its position in agro-industry as demand for locally produced and processed food rises across the continent. This shift is supported by government policy, steady domestic consumption and…

Oluwatosin Alao March 24, 2026

Business Hot News

Africa’s leading farm, Crookes Brothers, sees earnings sink as revenue falls below $30 million

Crookes Brothers reports $28.8 million half-year revenue as storms, weak commodity prices and crop damage weigh heavily on earnings across key segments.

Feyisayo Ajayi December 2, 2025

Business Hot News

21 biggest farms in Africa

Africa’s biggest farms are reshaping food supply, lifting rural jobs, and drawing fresh investment across a rapidly expanding agricultural sector.

Feyisayo Ajayi November 30, 2025

Business Hot News

De Beers at crossroads as Botswana, Angola seek control

Botswana and Angola eye bigger stakes as Anglo prepares to exit De Beers.

Timilehin Adejumobi November 7, 2025

Hot News Luxury

Top 10 Namibia’s 5-star hotels

Namibia’s luxury hotel scene blends adventure, exclusivity, and eco-tourism, offering world-class hospitality amid stunning landscapes, from deserts to coastlines.

Feyisayo Ajayi February 14, 2025

Exclusive Hot News

7 African countries with highest millionaires count

Africa’s millionaire class is expanding, driven by economic growth, diversification, and rising investment across key nations.

Timilehin Adejumobi January 9, 2025

Business Hot News

Top 7 African countries with the highest fuel prices in 2024

Seven African countries lead 2024 with the highest fuel prices, reflecting economic challenges and global market trends.

Feyisayo Ajayi December 26, 2024

Business Exclusive

Top 7 countries with the richest citizens in Africa

While these nations boast high GDP per capita figures, their economic stability is often shaped by unique challenges, including over-reliance on oil, tourism, or mineral exports.