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HomeAfrica Business News

Africa Business News

Africa Business News

Mali’s armed forces say they killed 80 militants after series of attacks on military posts

July 3, 2025 Nigerian CEO Magazine Comments Off on Mali’s armed forces say they killed 80 militants after series of attacks on military posts
Mali’s armed forces say they have killed 80 al Qaeda-linked militants following a series of simultaneous and coordinated attacks on military posts in central and […]
Africa Business News

Afreximbank Appoints Dr. George Elombi as New President, Succeeding Prof. Oramah

June 29, 2025 Nigerian CEO Magazine Comments Off on Afreximbank Appoints Dr. George Elombi as New President, Succeeding Prof. Oramah
Afreximbank Appoints Dr. George Elombi as New President, Succeeding Prof. Oramah By Chinedu Okonkwo Abuja In a significant leadership transition, the African Export-Import Bank (Afreximbank) […]
Africa Business News

Africa received $95 billion in remittances in 2024 as Nigeria, Egypt led inflows – AFC report

June 28, 2025 Nigerian CEO Magazine Comments Off on Africa received $95 billion in remittances in 2024 as Nigeria, Egypt led inflows – AFC report
Africa received over $95 billion in remittances in 2024, with Nigeria, Egypt, and Morocco leading as top recipients, according to the State of Africa’s Infrastructure […]
Africa Business News

Biased credit ratings raising borrowing costs in Africa – Yemi Kale

June 28, 2025 Nigerian CEO Magazine Comments Off on Biased credit ratings raising borrowing costs in Africa – Yemi Kale
Group Chief Economist and Managing Director of Research and Trade Intelligence at the African Export-Import Bank (Afreximbank), Dr Yemi Kale, has said that flawed and […]
Africa Business News

Full implementation of Free Trade Agreement to double intra-African trade by 2035 – Afreximbank President

June 28, 2025 Nigerian CEO Magazine Comments Off on Full implementation of Free Trade Agreement to double intra-African trade by 2035 – Afreximbank President
The President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, has predicted that intra-African trade—which the bank’s […]
Africa Business News

Africa must reduce dollar reliance to strengthen intra-continental trade – AfCFTA Secretary

June 28, 2025 Nigerian CEO Magazine Comments Off on Africa must reduce dollar reliance to strengthen intra-continental trade – AfCFTA Secretary
Secretary General of the African Continental Free Trade Area (AfCFTA) Secretariat, Wamkele Mene, has called for a significant reduction in Africa’s reliance on the US […]
Africa Business News

FG, Rwanda seal double taxation deal at AAM2025 to boost cross-border investment

June 28, 2025 Nigerian CEO Magazine Comments Off on FG, Rwanda seal double taxation deal at AAM2025 to boost cross-border investment
The Federal Government and the Republic of Rwanda have signed a landmark Agreement on the Avoidance of Double Taxation and the Prevention of Fiscal Evasion […]
Africa Business News

Egypt urges acceleration of renewable energy projects, local manufacturing

June 28, 2025 Nigerian CEO Magazine Comments Off on Egypt urges acceleration of renewable energy projects, local manufacturing
Egyptian President, Abdel Fattah Al-Sisi, has urged stepped-up efforts to expand investment in renewable energy to localise production of equipment used in the sector Egypt’s […]
Africa Business News

DRC extends ban on cobalt export for another three months

June 27, 2025 Nigerian CEO Magazine Comments Off on DRC extends ban on cobalt export for another three months
A regulatory agency announced Saturday that the Democratic Republic of Congo has extended its ban on cobalt exports for three months, a measure aimed at […]
Africa Business News

World Bank grants South Africa $1.5B for infrastructure, green energy

June 27, 2025 Nigerian CEO Magazine Comments Off on World Bank grants South Africa $1.5B for infrastructure, green energy
The World Bank granted South Africa a $1.5 billion loan to upgrade transportation infrastructure and help it transition toward a low-carbon economy, the country’s National […]

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