Business

A general view of the Makola market, one of the country’s largest trading centres in Accra, Ghana March 26, 2022. Picture taken March 26, 2022. REUTERS/Francis Kokoroko

sluggish trade

Premium badgeGhana, West Africa food security concerns rise on Niger sanctions The challenges facing Ghanaian onion traders are not isolated as cross-border traders from Nigeria and other neighbouring countries also suffer simila...
An employee attends to a customer inside a mobile phone service centre operated by Kenyan telecom operator Airtel Kenya at the Sarit Centre in Westlands, Nairobi. REUTERS/Thomas Mukoya

Cut Price Pitch

Premium badgeAirtel said to face institutional pressure to cut offer price for Uganda IPO Airtel Uganda’s IPO price tag is drawing investor scepticism with the mobile money business off the table.
The naira has lost more than 40% of its value since President Bola Tinubu’s decision in June to float it. AFP PHOTO/PIUS UTOMI EKPEI

bleak outlook

Premium badgeNigeria: Naira plunge, inflation put squeeze on banking sector The removal of fuel subsidies and implementation of a flexible exchange rate regime cause Nigerian banks to shoulder extra financial pressure.
Ghana is regulating cybersecurity activities and addressing associated issues. Photo: REUTERS/Dado Ruvic/Illustration

investment boost

Premium badgeGhana takes the lead in cybersecurity accreditation in Africa New licensing and accreditation system to secure cyberspace in the West African country is expected to pay dividends and be appealing to investors.

Business top stories

School resumption in Nigeria amid the coronavirus-disease (COVID-19) outbreak © Students in Abuja, Nigeria, January 18, 2021. REUTERS/Afolabi Sotunde

Don't Know Your Customer

Premium badgeNigeria: OmniIndex plans nationwide roll-out of Blockchain education data storage California-based OmniIndex aims to use its Google partnership to roll out Blockchain for educational data across Nigeria and Africa.
According to Kristalina Georgieva (shown here at the Spring Meetings, April 2023), head of the IMF, 15% of low-income countries are already in a debt crisis and 40% are getting closer to it. MANDEL NGAN/AFP.

high risk

Premium badgeExplainer: How (un)sustainable Africa’s sovereign debt is Sovereign debt can be a powerful lever for economic development, provided it is used wisely. How do African countries manage to convince creditors?
FILE PHOTO: U.S. Treasury Department Deputy Secretary Wally Adeyemo attends the Reuters NEXT Newsmaker event in New York City, New York, U.S., December 1, 2022. REUTERS/Brendan McDermid

‘same values’

Premium badgeUS companies ‘willing to make more investments’ in Nigeria The US Deputy Secretary of Treasury, Wally Adeyemo, pointed to unstable naira and corruption as some of the issues impeding Nigeria’s economic growth....

Business top stories

School resumption in Nigeria amid the coronavirus-disease (COVID-19) outbreak © Students in Abuja, Nigeria, January 18, 2021. REUTERS/Afolabi Sotunde

Don't Know Your Customer

Premium badgeNigeria: OmniIndex plans nationwide roll-out of Blockchain education data storage California-based OmniIndex aims to use its Google partnership to roll out Blockchain for educational data across Nigeria and Africa.
According to Kristalina Georgieva (shown here at the Spring Meetings, April 2023), head of the IMF, 15% of low-income countries are already in a debt crisis and 40% are getting closer to it. MANDEL NGAN/AFP.

high risk

Premium badgeExplainer: How (un)sustainable Africa’s sovereign debt is Sovereign debt can be a powerful lever for economic development, provided it is used wisely. How do African countries manage to convince creditors?
FILE PHOTO: U.S. Treasury Department Deputy Secretary Wally Adeyemo attends the Reuters NEXT Newsmaker event in New York City, New York, U.S., December 1, 2022. REUTERS/Brendan McDermid

‘same values’

Premium badgeUS companies ‘willing to make more investments’ in Nigeria The US Deputy Secretary of Treasury, Wally Adeyemo, pointed to unstable naira and corruption as some of the issues impeding Nigeria’s economic growth....

Join a global community who rely on us for insight into power, markets and people on the continent.

Join Now
© Mark Bristow, CEO of Barrick Gold Co., speaks during the Investing in African Mining Indaba 2023 conference in Cape Town, South Africa, February 8, 2023. REUTERS/Shelley Christians

lack of lustre

Premium badgeExperts wary of Mali’s new mining code despite Barrick Gold’s involvement Barrick Gold Corporation – and its South African chief Mark Bristow – are closely following legislative developments, and their potential impact on th...
Samuel Eto’o in Paris on 25 March 2021. Vincent Fournier for JA

Red card

Premium badgeThe 10+ trials of Cameroon football head and star Samuel Eto’o Since his election as head of the Cameroonian Football Federation (FECAFOOT), Samuel Eto’o has made a number of decisions sparking controversy.
3D printing, interlocking bricks and prefabs all aim to bring the cost of construction down in order to meet affordable housing targets.

printed palace

Premium badgeCan 3D printed homes close Kenya’s affordable housing gap? Innovation is key to Kenya’s affordable housing ambitions as the cost of living spirals out of control.
The Wider Image: Ethiopia’s new leader relies on support from youth © Kacha is targeting small Ethiopian farmers with its mobile money offering. REUTERS/Tiksa Negeri

Pyramid Base

Premium badgeEthiopia: Kacha targets stock market listing to drive mobile-money adoption The company is targeting mass adoption of mobile money with a target of 5 million customers by 2025.
© A staff member at the International Institute of Tropical Agriculture sorts leaves infected with the yam mosaic disease at a yam plantation in Ibadan, Oyo, Nigeria August 2, 2022. REUTERS/Temilade Adelaja

Long read

Premium badgeIsrael’s toxic harvest in Africa Instead of bringing sustainable solutions to Africa, Israel’s agribusiness sector may be threatening food sovereignty on the continent.
© The Victoria Falls Stock Exchange launched in 2020 as part of a planned special economic zone around the world famous waterfalls. REUTERS/Staff

Liquid Assets

Premium badgeSouth Africa, Zimbabwe secondary exchanges open deeper African markets The rapid growth of secondary stock exchanges in South Africa and Zimbabwe is creating a new path for further liquidity in intra-Africa trading.