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Africa.com is pleased to extend a special invitation to join the livestream of the 19th Chief Albert Luthuli Memorial Lecture, a signature event that brings together history, leadership, and global dialogue. This year’s lecture will be delivered by Dr. Ngozi Okonjo-Iweala, Director-General of the World Trade Organization (WTO), offering a ....
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South Africa could earn its first credit rating upgrade in nearly 20 years as S&P Global prepares to review the country’s sovereign rating, reflecting investor optimism over fiscal reforms and policy improvements. Since 2020, the nation has been rated sub-investment grade, but analysts now point to primary budget surpluses, controlled debt levels, and a 3% inflation target […]
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Naivas Ltd., Kenya’s leading retail chain, has announced an ambitious plan to nearly double its store count, targeting 200 outlets. This aggressive expansion, driven by robust consumer demand and rapid urbanization, will see the retailer opening up to 10 new stores each year. With 111 current locations, the company’s CEO notes that many areas remain unserved […]
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The Dangote Group has agreed on a $1 billion deal with Zimbabwe to establish an integrated industrial complex, marking a major boost for the country’s Vision 2030 industrialization agenda. The investment spans cement production, mining, and energy, including a cement factory with a limestone quarry, a coal mine, and a power station to support operations and strengthen […]
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South Africa has secured a $925 million loan from the World Bank to tackle a pressing urban crisis. This significant funding is dedicated to a six-year, nationwide program aimed at revitalizing eight major metropolitan areas, including Johannesburg, Cape Town, and Durban. The initiative represents a groundbreaking shift in strategy as the country’s first “program-for-results” project. Instead […]
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Kenya and Ghana are the latest nations to introduce comprehensive cryptocurrency regulations, signaling a major shift from skepticism to structured oversight. Kenya’s new “Virtual Asset Service Providers Bill” establishes clear licensing for exchanges and defines a role for its central bank, particularly for stablecoins. Similarly, Ghana’s central bank has released a detailed draft policy, proposing a […]
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In a major step for sustainable technology, the Democratic Republic of Congo (DRC) has announced its first production of 1,000 tons of fully traceable artisanal cobalt. This is a pivotal development for the mineral, which is essential for powering electric vehicles and other electronics. The DRC, responsible for over 70% of global cobalt reserves, has an […]
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