Latest Business & Economy News
Zenith Bank Nigeria loses N376m to fraud, forgeries in 6 months
Zenith Bank Plc says it recorded loss of…
Kholo Capital Provides $17 Million Funding to South Africa’s DCC Holdings
JOHANNESBURG, South Africa, Oct. 13, 2026 — Kholo…
Nigerian Manufacturers Spent ₦3.23 Trillion on Alternative Energy in Three Years
LAGOS, Nigeria — Nigerian manufacturers spent ₦3.231 trillion…
Obi berates Tinubu’s economic model, says ₦7.7trn debt interest payment dwarfs N6.2 trillion revenue
The presidential candidate of the Nigeria Democratic Congress…
Africa’s digital economy faces rising cyber risks as attacks surge 421%, Mastercard finds
JOHANNESBURG, South Africa — Cyberattacks across Africa increased…
Flutterwave launches banking services in Nigeria as payments platform expands into digital banking
LAGOS, Nigeria — Flutterwave has launched banking services…
Sub-Saharan African reinsurers remain resilient as market conditions ease
LONDON, Oct. 8, 2026 — Reinsurers across sub-Saharan…
Velocity, CrissCross partner to expand stablecoin connectivity across Africa
LONDON, Oct. 8, 2026 — Financial infrastructure company…
South Africa’s glass industry steps up investment in circular economy
South Africa’s glass packaging industry is strengthening its…
IMF reaches staff-level agreement with Rwanda on first review of $35.7 million loan program
WASHINGTON (XOL Africa) — The International Monetary Fund…
