Prime Highlights: The UAE announces a $6 billion investment plan to boost Africa’s tourism and hospitality sector. The investment is expected to create 70,000 new jobs and open opportunities for…
Prime Highlights Morocco has introduced a $7.8 billion plan to modernize public transport and advance clean mobility, aiming to cut emissions and improve travel in both urban and rural areas…
Prime Highlight Lesaka Technologies is set to acquire app-only bank Bank Zero, with the Competition Commission recommending approval without conditions. The acquisition is seen as transformative, integrating a trusted neobank into Lesaka’s fintech platform to enhance digital banking offerings. …
Prime Highlights: L’Oréal opens its first dedicated ‘shop-in-shop’ in Africa, introducing a premium beauty experience in Abuja. The store features luxury and dermatology brands, including La Roche-Posay, Vichy, and CeraVe, for the first…
Prime Highlight Google and Cassava Technologies collaborate to make AI more affordable and accessible in Africa, removing barriers like high data costs and limited access to advanced tools. The initiative…
Prime Highlights: South Africa pushes for climate finance reforms tailored to African development at COP30. Renewable energy is growing, with plans to double capacity, cut coal use, and attract $126.8…
Prime Highlight: Libya’s National Oil Corporation (NOC) and its subsidiary ACOGO announced a significant oil and gas discovery in the Ghadames Basin, signaling renewed foreign interest in the country’s energy…
Prime Highlights: Pepkor strengthens its retail footprint by acquiring 469 stores from Retailability for R1.7 billion, bringing its total store count across Southern Africa to over 1,000. The acquisition supports…
The Nigerian government has so far set aside N22.89 billion to 29 manufacturing businesses through the Bank of Industry (BOI) as part of the N75 billion Manufacturing Sector Intervention Fund,…
Manufacturing activity in Nigeria's economy, measured by the confidence of its manufacturers, fell in the third quarter of 2024, losing 1.7 points. The Manufacturers Association of Nigeria said aggregate Manufacturers…