It follows the indictment of billionaire Gautam Adani in New York on Wednesday. President William Ruto announced that the controversial multimillion-dollar deals in the energy, transport and health sectors would be scrapped during his state of the nation address to parliament on Thursday. He cited the emergence of “credible information on corruption.”

A report by Moniepoint highlighted the proliferation of informal businesses in Nigeria. The growth of this sector is directly linked to the country’s high unemployment rate and challenges Nigerians face when trying to run a business with all due protocols. Said challenges have forced many aspiring business owners to opt

In an era where global narratives about Africa often oscillate between despair and paternalism, Dr Paulin Basinga the newly appointed leader of the Bill & Melinda Gates Foundation in Africa, spoke of a vision of philanthropy that prioritizes dignity and partnership over dependency. In an insightful interview with Africa.com, he

Foreign policy in less powerful nations is not merely pragmatic or imposed. Ideology is key in balancing national priorities with global realities. Ghana wove ideological commitments into economic diplomacy. It shows that smaller states, despite dependency, can assert agency and stay accountable to their citizens. The varied approaches of Nkrumah,

A report from the International Finance Corporation (IFC) states that the continent’s housing deficit is estimated at over 97 million units and “this is expected to increase as the continent’s population grows, and urbanization continues”. In a village in the Mtwara region of Tanzania, a project borne from the concepts

Mauritius is increasingly becoming a favourite location for South African businesses looking for a stable environment in which to access global markets and preserve their wealth. African countries are increasingly looking to attract South African businesses as they grow much faster than the continent’s most industrialised economy. Botswana has become

On Friday, Morocco’s  bourse regulator AMMC anounced that CMGP Group won approval to launch an initial public offering on the Casablanca stock exchange. The irrigation systems firm aims to raise $110 million through this offering, which includes a capital increase and a shares sale, AMMC said in a statement. The

Diamonds make up about 80 percent of the southern African country’s foreign earnings. “The decline in diamond revenues by over 60 percent in recent years is a clear signal that we can no longer afford to depend on a single commodity,” President Duma Boko said. Boko’s government aims to attract

Officials say electricity generation will begin 2034, officials from the Nuclear Power and Energy Agency (NuPEA) said at a parliamentary hearing last week. While Kenya has been laying the groundwork for nuclear energy for several years, the realism of the timeline for construction is questionable, given that it is yet

Licensed by the Bank of Zambia to operate a wallet, DigMo offers a secure, free digital money account with a special account for users to play a “financial planning game” which incentivises customers to get started putting money away for the future. By giving customers the chance to win big