The Zambian Kwacha is expected to gain strength against the US dollar after the mineral royalty tax is changed. (Image source: NumismaticCoinHistory/Flickr)
The Zambian government’s approval to change the mineral royalty tax regime is expected to strengthen the local currency Kwacha against the dollar, stated Zambian banks
Emmanuel Nnadozie, executive secretary of ACBF and Nkosazana Dlamini Zuma, chairperson of the African Union Commission. (Image source: AU)
The African Union (AU) has extended a US$3mn grant from the African Capacity Building Foundation (ACBF) in a bid to support its three-year capacity building programme
Oil exporting countries such as Nigeria have been affected by the downturn in international petroleum markets. (Image source: Bill Kret)
As private wealth increases across the continent, and consumer-driven industry growth outpaces non-African regions, so regulation of investible assets gains critical importance
Christian Adovelande, president of BOAD. (Image source: BOAD)
The Arab Bank for Economic Development in Africa (BADEA) has agreed to provide financial assistance to the West African Development Bank (BOAD) to the tune of US$20mn
The Nigerian insurance major is banking on the boom in Africa’s construction and infrastructure sector. (Image source: Pedro Moura Pinheiro/Flickr)
Nigerian company Continental Reinsurance plans to double premium income from its property and engineering business to US$80mn in the next five years, said executive director Lawrence Nazare
The Carmix 3.5TT is renowned for its robust performance in concrete mixing. (Image source: Carmix)
Genuine Volvo Parts are specifically developed, tested and approved to get the very best results from your Volvo machine. (Image source: Volvo CE)
The transaction will give TotalEnergies an interest in hydropower projects in Uganda, Rwanda and Malawi. (Image source: Adobe Stock)
The project carries an estimated total cost of US$12bn. (Image source: The Republic of Ghana Presidency)
The initiative was unveiled at a meeting at the UIA head office. (Image source: UIA)
Scatec completes the sale of its 51% stake in African hydropower projects to TotalEnergies, aligning with its strategic focus. (Image source: Scatec)
AMEA Power breaks ground on a 50MW solar plant in Ivory Coast, set to power 358,000 homes and cut 52,000 tons of CO₂ emissions. (Image source: AMEA Power)
President William Ruto of Kenya and president Benedict Oramah of Afreximbank in Mombasa, Kenya. (Image source: Afreximbank)
The project will improve transport links in Chad. (Image source: Adobe Stock)
LINX expands in Kenya with a new IXP in Mombasa, enhancing interconnection, reducing latency, and supporting digital growth in Africa. (Image source: Adobe Stock)
