Prime Minister of Ethiopia Abiy Ahmed
Africa Business East News Politics Social

Ethiopia Introduces Nationwide Worker Tax to Offset USAID Funding Loss

Ethiopia’s federal parliament has approved the introduction of a new tax on all workers and businesses in a bold move

During an official visit to Lesotho, African Development Bank President Dr. Akinwumi Adesina met with His Majesty King Letsie III to discuss expanding the Bank's investments in Lesotho.
Africa Business News Politics Social South

AfDB to Invest $331 Million in Lesotho to Drive Growth, Infrastructure, and Health

In a landmark move to bolster Lesotho’s economic growth and regional competitiveness, the African Development Bank Group (AfDB) has announced

Kenya Airways Achieves First Profit in Over a Decade, Eyes Strategic Investor and Expansion
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Kenya Airways Achieves First Profit in Over a Decade, Eyes Strategic Investor and Expansion

Kenya Airways (KQ) has recorded a remarkable return to profitability, posting a KSh5.4 billion ($41.7 million) net profit for the

At the Barbados AATC groundbreaking, from right to left: Hon. Mia Amor Mottley, Prime Minister of Barbados (6th), Dr. Carla Barnett, CARICOM Secretary-General (5th), Prof. Benedict Oramah, President & Chairman of Afreximbank (4th), and Hon. Dickon Mitchell, Prime Minister of Grenada (3rd), alongside Afreximbank’s executive leadership and Barbados government officials.
Africa Business Diaspora News Politics Social World

Barbados Becomes First Non-African Host of Afreximbank African Trade Centre

In a historic milestone for Pan-African economic cooperation and Caribbean development, the African Export-Import Bank (Afreximbank) has officially broken ground

South Africa Imposes 10-Year Fishing Ban to Protect Endangered African Penguins
Africa Business History News Politics Social South World

South Africa Imposes 10-Year Fishing Ban to Protect Endangered African Penguins

In a landmark conservation victory, the Pretoria High Court has issued a decisive ruling to safeguard the critically endangered African

Afreximbank Announces $1 Billion Oil Service Financing Facility for Guyana
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One Africa News Today Video Summary – week 22 February 2025

One Africa News Today – your go-to source for the latest news and updates from across the African continent. Unite,

South Africa’s President Cyril Ramaphosa, right, welcomes Ursula von der Leyen, the European Commission President, ahead of the eighth EU-South Africa summit in Cape Town, South Africa, Thursday, March 13, 2025. (AP Photo/Nardus Engelbrecht)
Africa Business News Politics Social South World

EU Commits €4.7 Billion Investment in South Africa

The European Union (EU) has pledged a €4.7 billion ($5.1 billion) investment package to South Africa, reinforcing economic ties and

Afreximbank Announces $1 Billion Oil Service Financing Facility for Guyana
Africa Business Diaspora News Politics Social World

Afreximbank Announces $1 Billion Oil Service Financing Facility for Guyana

The African Export-Import Bank (Afreximbank) has announced the launch of a $1 billion oil service financing facility in Guyana, marking

The Head of Government chairs a meeting dedicated to tracking Morocco's "offer" on green hydrogen production.
Africa Business News North Social Technology World

Morocco Approves $32.5 Billion Green Hydrogen Projects

Morocco has taken a significant step towards clean energy leadership by approving six large-scale green hydrogen projects worth 319 billion

South Africa's Competition Commission Challenges Big Tech: Google, Meta, and X
Africa Business News Social Social Media South Technology World

South Africa’s Competition Commission Goes After Google, Meta, and X

South Africa’s Competition Commission has taken a firm stand against Google, Meta (Facebook), and X (formerly Twitter), accusing them of