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Business and finance news from across Africa. Entrepreneurs, small business, enterprise, public companies, earnings reports.

News

News CNBC Africa 2 months ago
What does AGOA extension mean for Nigeria amid overlapping tariffs?
The United States Senate has approved a two-year extension of the African Growth and Opportunity Act allowing eligible sub-Saharan African countries to continue enjoying duty-free access to the US market until December 2028. However, the amendment must re
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News CNBC Africa 2 months ago
How ripe is Nigeria's regulatory environment for AI adoption?
The Global Center on Artificial Intelligence Governance has placed Nigeria 38th of 135 countries in its index on Responsible AI, first in Africa and ahead of 72 per cent of countries assessed. With the constant evolution of AI, how ripe is Nigeria's regul
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News CNBC Africa 2 months ago
Adi: Nigeria needs phased, credible & independently verified head count
Nigeria's population census delay is not a technical failure; it is a political one. That's the stance of Bongo Adi, Professor of Economics at the Lagos Business School noting Nigeria has spent 219 billion naira across six budget cycles preparing for a ce
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News CNBC Africa 2 months ago
South Africa's mining production fell 4% y/y in June
South Africa's mining sector continues to face pressure, with production falling 4 per cent year-on-year in June and declining 2.7 per cent in the second quarter. PGMs, coal and iron ore were among the biggest drags. Yet mineral sales rose sharply, helped
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News CNBC Africa 2 months ago
Guarding the pill bottle: Solutions to Kenya's counterfeit medicine crisis
The World Health Organization estimates that one in ten medicines circulating in low- and middle-income countries is substandard or falsified. In Africa, that figure climbs to more than 22 per cent. Antibiotics and anti-malarials are among the worst affec
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News CNBC Africa 2 months ago
SADC's critical minerals can power Africa's structural transformation
Africa is once again at the centre of a global resource race. As the world shifts to clean energy, demand for critical energy transition minerals is surging, and Africa holds a significant share of them. For generations, the continent has supplied the wor
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News CNBC Africa 2 months ago
President Ramaphosa launches S.Africa's Electronic Travel Authorisation System
President Cyril Ramaphosa has officially launched South Africa's Electronic Travel Authorisation at OR Tambo International Airport, marking a major step in the country's digital immigration overhaul. The ETA uses biometric verification, machine learning a
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News CNBC Africa 2 months ago
Congo Ebola deaths surpass 2,000 as spread shows no sign of slowing
DAKAR (Reuters) - Democratic Republic of Congo said on Tuesday that confirmed Ebola deaths had reached 2,011, the latest grim milestone in what health officials have described as the fastest-spreading outbreak on record. The latest data from Congo's publi
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News CNBC Africa 2 months ago
Ibrahim: Nigeria's next big opportunities lie in subsea cables infrastructure & data centres
The Director, Research and Strategy, Chapel Hill Denham, Tajudeen Ibrahim, says Nigeria has big opportunities for towers, subsea cables infrastructure and data centres due to the rising youthful population while noting the demand for digital content and A
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News CNBC Africa 2 months ago
Geregu Power default doesn't reflect sector's credit fundamentals - IA Ratings
Following the default in payment of 40.1-billion-naira bond obligations by Geregu Power, analysts at Intelligence Africa Ratings believe the default does not necessarily mean the entire power sector's credit fundamentals have deteriorated while maintainin
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