Yesterday
Saturday, august 2, 2025
Small-scale gold miners in Senegal use mercury despite health risks
Business • 7:42 AM
2 min
The Senegalese government has been trying for years to ban the use of the metal, without success.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/07/27/small-scale-gold-miners-in-senegal-use-mercury-despite
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IMF lauds Senegal for strengthening economy, amending debt position
Business • 7:40 AM
1 min
Senegal recently became a major headache for the International Monetary Fund (IMF), after the country uncovered billions of dollars of debt that were hidden by the previous administration. According to the IMF, Senegal's cooperation and efforts were howev
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Ahead of hosting FIFA World Cup: Morocco to modernise airports for $4.2 billion
Business • 7:39 AM
1 min
As one of the co-hosts of the major football tournament, Morocco has announced that it would expand and modernise its airports before the World Cup in 2030. A major part of the budget will go into its biggest airport in Casablanca.<div class="small-12 col
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Friday, august 1, 2025
South Africa’s President Ramaphosa still hopeful of a trade deal with the United States
Business • 3:44 PM
1 min
US President Donald Trump’s 30 per cent tariff on all South African exports are set to come into effect on 7 August.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/08/01/south-africas-president-ramaphosa-s
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Lesotho gets tariff relief from US, but economic damage lingers
Business • 3:17 PM
7 min
Relief for Lesotho after US President Donald Trump announced he was cutting its tariff rate to 15 percent – down from the 50 percent he threatened in April. But a lot of damage has already been done and even if US buyers return, people could still be out
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Senegal PM Sonko unveils economic recovery plan
Business • 2:29 PM
2 min
The Senegalese government has unveiled a comprehensive economic recovery plan aimed at strengthening public finances and revitalizing the national economy.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/08
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LIST: Trump puts new tariffs on 20 African nations
Business • 10:49 AM
3 min
All other African countries not on the list will maintain the 10% baseline tariff that the White House announced in April.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/08/01/list-trump-puts-new-tariffs-o
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Trump orders new tariffs on key U.S. trade partners
Business • 8:54 AM
1 min
Businesses and manufacturers globally are bracing for supply chain disruptions, rising costs, and further trade tensions, while economists warn the uncertainty may drag on investment and growth.<div class="small-12 column text-center article__button"><a h
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Japan bets big on African innovation ahead of TICAD9 {Business Africa}
Business • 8:28 AM
3 min
Japan Reaffirms Commitment to Africa through TICAD, ahead of its ninth summit—doubling down on collaborative investment and innovation in the face of rising global protectionism and youth unemployment while Nigeria’s $21 Billion Diaspora Remittances surpa
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Thursday, july 31, 2025
US imposes steep tariffs on Brazil but key sectors are excluded
Business • 2:11 PM
2 min
President Donald Trump also unveiled sanctions on the Brazilian Supreme Court judge who is overseeing the trial of his ideological ally, former President Jair Bolsonaro.<div class="small-12 column text-center article__button"><a href="https://www.african
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Ghana cuts interest rates by 3 per cent as inflation eases
Business • 11:29 AM
1 min
The central bank says the move reflects growing confidence in the disinflation trend, which has seen consumer prices fall faster than ever before.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/07/31/ghana
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US targets India with tariffs over Russian oil purchases
Business • 11:08 AM
1 min
US is set to impose a 25 percent tariff on Indian goods, along with additional import taxes, citing India’s continued purchase of Russian oil and military equipment. President Donald Trump announced the decision on Wednesday, framing it as a response to I
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Tanzania bans foreigners from key businesses, risks regional fallout
Business • 9:00 AM
1 min
Tanzania is cracking down on foreign participation in key sectors of its economy. Under a new directive, foreigners are now prohibited from engaging in 15 business areas considered essential to grassroots economic empowerment.<div class="small-12 column t
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Wednesday, july 30, 2025
Lesotho factory that made Trump shirts faces shutdown after U.S. tariffs
Business • 11:19 AM
2 min
Officials and workers fear this may be a sign of what's to come for other factories in Lesotho, where poverty is widespread and upwards of 30,000 people are employed in the textile industry.<div class="small-12 column text-center article__button"><a href=
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Trump may skip G20 summit in South Africa amid rising tensions
Business • 10:08 AM
1 min
A diplomatic showdown may be brewing as U.S. President Donald Trump signals he could skip this year’s G20 summit in South Africa. Speaking to reporters aboard Air Force One, Trump said he might send someone else in his place, citing what he called “very b
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Endeavour and two gold producers embrace Mali's new mining code
Business • 12:44 AM
2 min
London-listed Endeavour Mining (EDV.L) has announced, along with two other gold producers, their agreement to transition to Mali’s new mining code, according to government officials.<div class="small-12 column text-center article__button"><a href="https:/
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Dangote Refinery drops $66 million lawsuit against Nigerian fuel importers
Business • 12:23 AM
1 min
It aimed at compelling the Nigerian authorities to nullify fuel import licences issued by the regulatory authority.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/07/30/dangote-refinery-drops-66-million-la
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Tuesday, july 29, 2025
South Africa: national assembly passes last part of annual budget bill
Business • 9:12 AM
1 min
The Appropriation Bill is the third major part of the country's annual budget. But passing it constituted a headache for the government for several months. On Wednesday, the legislation was approved by the national assembly.<div class="small-12 column tex
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US and China hold new trade talks in Sweden, hoping to strike tariff deal
Business • 12:25 AM
3 min
The two countries hope to extend the 90-day pause on triple-digit tariffs negotiated in Geneva in May.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/07/29/us-and-china-hold-new-trade-talks-in-sweden-hopin
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Monday, july 28, 2025
Friday, july 25, 2025
Thursday, july 24, 2025
Wednesday, july 23, 2025
Nigeria’s senate approves $21 Billion foreign loan plan to fund 2025 budget
Business • 4:00 PM
1 min
With this approval, Nigeria’s debt burden is expected to climb, raising concerns among analysts about sustainability and long-term repayment.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/07/23/nigerias-s
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Kenya's debt costs to remain high as government relies on local borrowing, Moody's says
Business • 2:41 PM
2 min
Kenya's cost of servicing its debts is expected to remain stubbornly high, ratings agency Moody's said on Wednesday, as the government leans on the domestic debt market to fund its budget shortfalls.<div class="small-12 column text-center article__button"
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Dangote warns influx of Russian fuel threatens Africa’s refining industry
Business • 11:20 AM
1 min
Nigerian billionaire Aliko Dangote has warned that heavily discounted Russian petroleum products are flooding African markets, threatening the continent’s emerging refining sector.<div class="small-12 column text-center article__button"><a href="https://w
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Tuesday, july 22, 2025
Nigeria’s economy grows 3.13% in Q1 2025 after GDP rebasing
Business • 1:52 PM
1 min
Despite the modest performance compared to a 4.9% forecast by analysts, officials say the rebasing offers a more accurate picture of Nigeria’s economic structure and recent momentum.<div class="small-12 column text-center article__button"><a href="https:/
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Zambia signs $1.1 Billion deal to build major oil refinery in Copperbelt
Business • 11:06 AM
1 min
Officials say the project aligns with Zambia’s long-term economic goals by boosting energy security, creating jobs, and strengthening regional trade links. Construction timelines and investors are expected to be detailed in the coming months.<div class="s
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Monday, july 21, 2025
Saturday, july 19, 2025
Friday, july 18, 2025
Brazilian president slams Trump for threatening 50% tariffs
Business • 10:30 AM
1 min
Brazil's president Luiz Inacio Lula da Silva on Thursday night condemned US president threats to raise import taxes on Brazil, mainly because he didn’t like the way it was treating former Brazilian president Jair Bolsonaro.<div class="small-12 column text
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Cocoa is under pressure while East African economy is on the rise {Business Africa}
Business • 5:26 AM
3 min
Local farmers still struggle with financing, fair pay, and ethical labor practices while East Africa Leads with Nearly 6% Growth as the Continent Eyes a 4% Economic Rise in 2025.<div class="small-12 column text-center article__button"><a href="https://www
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Thursday, july 17, 2025
France: Prime minister proposes cutting two public holidays to save money in 2026 budget
Business • 9:21 AM
2 min
François Bayrou's proposal drew criticism from labour unions and the opposition.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/07/17/france-prime-minister-proposes-cutting-two-public-holidays-to-save-mone
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South Africa: Eskom targets mainly clean energy sources by 2040
Business • 5:27 AM
2 min
The public power utility provides about 95% of electricity used in South Africa.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/07/17/south-africa-eskom-targets-mainly-clean-energy-sources-by-2040/?utm_sou
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Wednesday, july 16, 2025
Nigeria: inflation falls slightly for third month straight, crisis not over
Business • 8:07 PM
1 min
Despite the slowdown of inflation in the country, economic hardship is still a reality for many Nigerians. Contrary to headline inflation, food inflation rose slightly in the past month.<div class="small-12 column text-center article__button"><a href="htt
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American agency S&P downgrades Senegal's credit rating from B to B-
Business • 3:53 PM
1 min
Senegal's soaring debt level has led to several credit rating agencies downgrading the government. The country had recently increased its debt figures following an audit.<div class="small-12 column text-center article__button"><a href="https://www.african
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Financial cooperation: Egypt and China sign key trade agreements
Business • 1:55 PM
2 min
Egypt and China entered into three financial cooperation agreements on Thursday.
The main topics of discussion included the creation of agreements to facilitate trade in local currencies and the settlement of bilateral commercial payments in Egyptian poun
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London Mayor Sadiq Khan visits Lagos to strengthen UK-Nigeria tech and creative ties
Business • 11:08 AM
2 min
London Mayor Sadiq Khan is in Lagos, Nigeria, meeting with local creatives and tech entrepreneurs as part of a historic trade mission across Africa. The visit aims to spotlight the growing cultural and economic connections between the United Kingdom and N
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Trump to slap 10% tariff on small nations including in the Caribbean and Africa
Business • 7:51 AM
1 min
US President Donald Trump is ramping up his tariff agenda, announcing plans to slap new duties of over 10 percent on imports from smaller nations, including several in Africa and the Caribbean. The move marks a sharp turn in US trade relations, aimed at w
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Tuesday, july 15, 2025
EU ministers warn of countermeasures to US tariffs if trade negotiations fail
Business • 3:42 PM
2 min
The European Union on Monday warned that the 27-country bloc is preparing potential countermeasures targeting US goods worth 72 billion euros if talks with Washington fail to produce a viable outcome.<div class="small-12 column text-center article__button
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Dangote submits paperwork to build "biggest, deepest" port in Nigeria
Business • 3:09 PM
1 min
The port, for which plans were submitted in late June, according to outlet Bloomberg, is meant to facilitate exports, in particular of Dangote conglomerate products.<div class="small-12 column text-center article__button"><a href="https://www.africanews.c
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Monday, july 14, 2025
Saturday, july 12, 2025
Morocco sees surge in Chinese tourists
Business • 11:52 AM
3 min
Chinese tourists are pouring into one of Morocco’s most famous sites, drawn by its culture and landscapes. Their enthusiasm - and spending - are providing a boost to the local economy at Ksar Aït Ben Haddou.<div class="small-12 column text-center article_
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Senegal ditches Akon's 'unrealistic' city project
Business • 7:46 AM
1 min
Designed with curvy skyscrapers and sleek infrastructure, early renderings of Akon City drew comparisons to Marvel's fictional African metropolis Wakanda<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/07/0
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Thursday, july 10, 2025
Bridging the legal gap in Africa’s digital boom {Business Africa}
Business • 4:48 PM
2 min
As Africa Goes Digital, Can the Law Keep Up?On this episode we explore The Race to Build a Tech-Ready Legal Force in a Rapidly Evolving Continent and Kigali is set to Launch Sub-Saharan Africa’s First Urban Cable-Car System, Prioritizing Accessibility an
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SMES under pressure as business confidence hits four-year low in South Africa
Business • 3:23 PM
1 min
Many Black-owned SMEs in particular rely heavily on government procurement contracts—a model some argue is no longer sustainable. Without diversification into sectors such as agriculture, real estate, or franchising experts warn that long-term resilience
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Lesotho declares two-year state of disaster amid US tariff fallout
Business • 2:37 PM
1 min
Authorities now hope to attract new investment, diversify the economy, and seek international support to navigate what they call an unfolding economic emergency.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2
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Wednesday, july 9, 2025
Ghana cracks down on gold smuggling with new multi-agency task force
Business • 10:46 AM
2 min
Ghana's President John Mahama inaugurated the GOLDBOD Task Force, saying its creation “signals our readiness to act decisively.”<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/07/09/ghana-cracks-down-on-go
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Uncertainty looms over Nissan South Africa as global restructuring continues
Business • 8:29 AM
2 min
South Africa’s auto sector, a cornerstone of the country’s manufacturing industry, faces a challenging period. Yet, some experts believe that the evolving landscape may open new opportunities for investment in cleaner, more sustainable technologies — prov
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US President Trump announces surprise summit with five African Nations
Business • 12:42 AM
1 min
It is set to be the first multilateral US-Africa summit since Trump started his second term. On the agenda: regional security, but foremost trade and opportunities for economic cooperation.<div class="small-12 column text-center article__button"><a href="
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Tuesday, july 8, 2025
BRICS summit ends on health issues and role of global south countries
Business • 1:01 PM
2 min
Brazil hosted the second and final day of the 17th BRICS Summit in Rio de Janeiro on Monday.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/07/08/brics-summit-ends-on-health-issues-and-role-of-global-south
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Trump says to impose 25-pct tariffs on Japan, South Korea and other countries
Business • 9:45 AM
1 min
U.S. President Donald Trump said Monday on social media that 25-percent tariffs will be imposed on imports from Japan and the Republic of Korea (ROK), respectively, beginning Aug.<div class="small-12 column text-center article__button"><a href="https://ww
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Monday, july 7, 2025
China and Ethiopia reaffirm alliance at meeting on sidelies of BRICS summit
Business • 1:42 PM
2 min
At a meeting with his Ethiopian counterpart Abiy Ahmed, Chinese Premier Li Qiang said the two countries are ready to work together to expand bilateral trade and investment and promote the sustainable development of the Addis-Ababa-Djibouti Railway.<div cl
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BRICS call for IMF reform, fairer AI governance
Business • 1:18 PM
1 min
The BRICS countries, which have grown to include 10 member states since last year, are meeting for their annual summit from 6 to 7 July in Rio de Janeiro in Brazil.<div class="small-12 column text-center article__button"><a href="https://www.africanews.co
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BRICS leaders criticize Trump tariffs, attacks on Iran
Business • 9:22 AM
2 min
Trump has threatened to impose 100% tariffs against the bloc if they take any moves to undermine the dollar<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/07/07/brics-leaders-criticize-trump-tariffs-attack
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Trump threatens additional 10% tariff on nations that align with "anti-American" BRICS bloc
Business • 9:12 AM
3 min
US President Donald Trump is threatening to impose an additional 10% tariff on nations that align themselves with what he called the “anti-American policies” of the BRICS bloc of emerging economies.<div class="small-12 column text-center article__button"
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Sunday, july 6, 2025
Friday, july 4, 2025
Brazil launches major security operation ahead of BRICS Summit
Business • 3:30 PM
1 min
“As of today, we will have vessels on the water 24 hours a day. These are ships and smaller vessels controlling the entire maritime space,” said Navy Captain, Elinton Coutinho.<div class="small-12 column text-center article__button"><a href="https://www.a
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Cyber Africa Forum highlights Benin's bold digital resilience [Business Africa]
Business • 6:08 AM
6 min
Business Africa - Benin special: Cyber Africa Forum, cotton transformation and changing markets.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/07/04/cyber-africa-forum-highlights-benins-bold-digital-resil
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Thursday, july 3, 2025
