Tag: african

The Bureau for Economic Research (BER) / Rand Merchant Bank (RMB) business confidence index (BCI) slipped to 39 in the second quarter 2026 from 47 in the first quarter 2026. It is now back to the third quarter 2025 level. The first quarter survey was done before the Middle East conflict started on 28 February.

With cemeteries inaccessible during Sudan's bloody civil war, residents of Khartoum resorted to burying their dead in just about any spare plot of land...

A new report from the Henley Passport Index has revealed the African countries with the strongest passports in 2026. The index measures how many destinations citizens can enter without a visa or with visa‑on‑arrival. Globally, the strongest passports still belong to advanced economies such as Singapore and Japan, whose citizens enjoy wide travel freedom due

African businesses are now competing for discretionary spending against a new sector – online gambling. As it proliferates, regular businesses, whether entertainment providers, phone companies, or even grocery shops, are seeing customers increasingly willing to spend on games of chance rather than perishables, a good flick, or faster internet. “People are spending money in a

The African economic landscape in 2026 is a testament to resilience and strategic fiscal reform. While global markets have faced volatility, several African nations have successfully stabilized their legal tender through aggressive monetary policies, mineral wealth, and a shift toward diversified exports. For investors, travelers, and business leaders, understanding currency strength is not just about

The African Development Bank (AfDB) has approved an equity investment of up to $15 million in the Alterra Africa Accelerator Fund (AAA Fund), a private equity vehicle focused on scaling high-growth businesses across the continent. The investment is expected to help mobilise additional institutional capital while strengthening the fund’s ability to provide long-term financing to

The African Development Bank Group has approved an investment of about $8.1 million in the Breega Africa Seed I Fund to support early-stage technology startups across the continent. The investment comprises $5.4 million in equity from the bank and a further $2.7 million junior tranche financed on behalf of the European Commission under the Boost

Soccer Photo - Jagaban Cup Ronaldo Delima's old club, Cruzeiro have intensified their push into the African market after sending a scouting representative to...