Kenya begins construction of global commerce center to boost trade with China

NAIROBI, Oct. 1 (Xinhua) -- Kenyan President William Ruto on Wednesday launched the construction of the five-billion-shillings (about 38.7 million U.S. dollars) China-Kenya International Commerce Center, a project designed to strengthen...

Kenya Police FC land Sh25M Co-operative Bank sponsorship deal

Deputy Inspector General Eliud Lagat with Interior PS Raymond Omollo and Cooperative Bank's Retail and Business Banking Director Samuel Birech/HANDOUT Kenyan champions Police FC are marching into a new season with pockets lined by a Sh25 million...

Visa Study Finds 76% of Moroccans Trust Digital Payments as Security Awareness Rises

Mohammedia – Digital payments are becoming a normal part of life in Morocco, with consumers showing both confidence and caution. According to the latest Stay Secure study from Visa, 97% of Moroccans say they now take active steps to secure their...

New township consumer report highlights price sensitivity and local preference in brand choices

In a market defined by its unique cultural nuances and economic challenges, the latest findings from the 2025 Township CX Report signal a significant shift in consumer behaviour among South Africa’s township residents. According to this...

Rite Foods Preaches Support as Nigeria Marks  65th Independence

Mary Nnah Rite Foods Limited, Nigeria’s leading food and beverage company, is adopting the theme “Nigeria @ 65: All Hands on Deck for a Greater Nation” as the country celebrates its 65th Independence anniversary. This theme highlights the...

Nigerian man to face 20 year jail term over inheritance fraud in U.S.

A Nigerian national was extradited from Poland to face federal charges in the United States over an elaborate inheritance fraud scheme targeting elderly Americans, authorities said Monday. Tochuwku Albert Nnebocha, 43, appeared in federal court in...

Nigeria’s current account surplus jumps to $5.28 billion in Q2 2025 – CBN 

Nigeria’s current account surplus surged to $5.28 billion in the second quarter of 2025, up from $2.85 billion in Q1, reflecting stronger external sector resilience and improved foreign exchange inflows. The Central Bank of Nigeria (CBN) disclosed...

Nigeria Achieves 4.23% GDP Growth in Q2 2025, Strongest in a Decade, Says President Tinubu

In a landmark announcement that signals a turning point for Nigeria’s economy, President Bola Ahmed Tinubu revealed that the country recorded a Gross Domestic Product (GDP) growth rate of 4.23 percent in the second quarter of 2025. This figure...

Who pays for Africa’s food future?

In March 2025, more than 100 participants, including farmers, activists, researchers, and policymakers, gathered at the Manzoni Lodge in Nairobi for a three-day forum hosted by the Alliance for Food Sovereignty in Africa (AFSA). They came from...

Nigeria Customs Service Seizes Donkey Parts Worth Over ₦3.94 Billion in Major Crackdown on Illegal Wildlife Trade

In a significant blow to the illegal wildlife trade, the Nigeria Customs Service (NCS), Federal Operations Unit (FOU), Zone B, Kaduna, has intercepted and seized donkey parts valued at over ₦3.94 billion. The seizure, which marks a pivotal moment...

[Column] Ajong Mbapndah: Africa’s role in shaping the global energy transition

The global energy system is undergoing rapid change, influenced by environmental concerns, technological advances, shifting geopolitics and evolving consumer patterns. Fossil fuel dependency and centralised infrastructure are increasingly seen as...

Kenya’s Inflation Rose to 4.6% in September as the Economy Expanded By 5% in Second Quarter

NAIROBI — Kenya’s inflation increased in September even as the economy registered solid growth in the second quarter of the year, official data show. The Kenya National Bureau of Statistics (KNBS) said on Tuesday that annual inflation rose to 4.6...

Africa’s Elite Drive Surge in Luxury Cars

Bentleys, Ferraris and Rolls-Royces…more and more of these high-end vehicles are cruising through Africa’s cities. The rise in luxury car ownership coincides with the growth of Africa’s middle class in many parts of the continent. According to the...

Nigerian Scientist Makes History at United Nations

At 34, Adedoyin Adeleke could have chosen a comfortable life in Europe. Instead, the Nigerian scientist packed his bags, returned to Nigeria, and began working on projects related to waste, energy, and youth. Now 36, he’s the first African...

African industries face shock as Trump ends tariff-free AGOA

Africa’s apparel and textile manufacturers – already reeling from US tariffs – will be hardest hit by the end of the US’s tariff-free African Growth and Opportunity Act, according to research by the International Trade Center (ITC). AGOA, which...

Spotify launches Greasy Tunes Café to showcase Nigerian music, cuisine

Spotify has officially opened Greasy Tunes Café, a three-week pop-up initiative in Lagos designed to highlight the intersection of Nigerian music, food, and culture. The launch, held on Tuesday evening, aims to provide a unique experiential...

Tanzania sees notable drops in fuel prices

DAR ES SALAAM: Tanzania has recorded a notable drop in pump prices for petrol, diesel, and kerosene in the beginning of October this year with retail petrol prices dropping by 55/- and diesel by 50/-, marking a continued downward trend in fuel...

Kenya’s inflation rises to 4.6% in September as economy expands by 5% in Q2

FILE - An aerial view of downtown in Nairobi, Kenya October 8, 2024. | REUTERS Audio By Vocalize Kenya's inflation rose slightly to 4.6 percent year-on-year in September, up from 4.5 percent in August, the Kenya National Bureau of Statistics...

Fiat 500 Production Ends in Algeria as Grande Panda Takes Over

Fiat has officially ended production of the iconic 500 at its Tafraoui plant, shifting assembly lines to the new Grande Panda to meet evolving market demand. The chapter of the Fiat 500, one of the most recognizable city cars, has closed in...

Deepfakes on steep rise in South Africa, fintech & banking hardest hit

The Senior Director of Fraud Product Management at TransUnion Africa, Amritha Reddy, has bemoaned the supersonic surge in deepfake cases in South Africa, pointing out that fintech and banking are among sectors with the biggest hits. Speaking on a...