Why Cape Town Is Racing Ahead as Africa’s Innovation Capital
Cape Town is no longer just South Africa’s scenic gem — it is fast becoming Africa’s Silicon Valley. With over 450 tech companies that employ a combined 40,000+ people, the Cape Town–Stellenbosch corridor is outpacing rivals like Lagos and Nairobi. Home to 60% of the country’s startups, including heavyweights like Yoco and SweepSouth, the city’s […]
Top African Rights Court to Consider States’ Climate Obligations
Advisory Opinion Could Further Cement Rights in Climate Action A coalition of African lawyers and civil society groups has asked the African Court on Human and Peoples’ Rights for an advisory opinion on 55 African Union member states’ human rights duties in the climate emergency. Led by the Pan African Lawyers Union and the African Climate […]
Shortlist of nominees announced for the African Banker Awards 2025
The 2025 edition of the Awards will recognise and celebrate the strides being made by banks across the continent with a focus on innovation, transformation and also the promotion of inclusivity and gender equality. 58 nominees have made the shortlist for the 2025 awards, which has become a fixture on the African banking calendar. LONDON, […]
Dr. Ngozi Okonjo-Iweala Headlines African Business Stories Roundtable on Mobilizing Diaspora Investment for Africa’s Growth at World Bank Spring Meetings
Dr. Ngozi Okonjo-Iweala, GCON, Director General, World Trade Organization and Ms. Yvonne Ike, Managing Director & Head of Sub-Saharan Africa (Ex RSA), Bank of America Kanayo Adibe | Photographer Washington, D.C. 5 May 2025-/African Media Agency (AMA)/- African Business Stories (ABS) convened the third edition of its Roundtable Series during the 2025 World Bank Spring Meetings, hosting […]
Business Growth Between Africa And The Diaspora: An Emerging Revolution
Eric Osiakwan and Yaw Owusu “I am not African because I was born in Africa but because Africa was born in me.” Among other philosophies, these timeless words from Kwame Nkrumah, Africa’s independence revolutionary and the first president of Ghana, underpin the growing drive by Caribbeans, Black Americans, Afro Latinos and other members of the […]
DP World Begins $165m Doubling Of Maputo Container Terminal Capacity
The expansion will enable the terminal to accommodate post Panamax-class vessels of up to 366 metres in length The $165 million expansion of DP World’s container terminal at the Port of Maputo officially started on site today. Mozambique’s Minister of Transport and Logistics, the Honourable João Jorge Matlomb, was guest of honour at the ground-breaking event, […]
The Impact of Tariffs on South Africa’s Manufacturing Sector: Striking a Balance for Industrial Growth
South Africa’s manufacturing sector remains a vital engine of economic growth and job creation. However, the role of tariffs in shaping its trajectory is increasingly under the spotlight. As the country works to bolster industrialisation and expand its manufacturing base, the structure and application of tariffs have become critical levers in determining the sector’s competitiveness […]
