African Energy Chamber Leader NJ Ayuk Receives Honorary Doctorate 

Executive Chairman of the African Energy Chamber (AEC), NJ Ayuk, in a historical landmark recognition become the first African to be awarded the prestigious title of Honorary Professor (Professor Honoris Causa) by the National Research University,...

Africa’s emerging AI landscape: What’s happening and what’s next

Artificial Intelligence (AI) is no longer a futuristic concept; it is the engine quietly, and sometimes loudly, reshaping how we live, work, and think. From healthcare and banking to education and manufacturing, AI is redefining possibilities...

Africa’s children: 20 years on, what happened to the millennium babies?

Twenty years ago, the Guardian featured 10 newborn babies in countries across Africa, describing their births, their families and the environments they had been born into. We followed these babies at five-year intervals up to 2015 – the date the...

Africa’s digital awakening: Why digital literacy is the new freedom

At the heart of transformation lies one critical skill: digital literacy. The world is changing faster than ever, and Africa stands at the crossroads of a new era. The Fourth Industrial Revolution is no longer a distant concept discussed in...

Banking app users claim historic R163m and R31m Lotto jackpots

South Africa now has two overnight millionaires following historic wins from Tuesday’s PowerBall and PowerBall PLUS draws. National Lottery operator Ithuba revealed that a record-breaking PowerBall jackpot of over R163 million was claimed by a...

Three Kenyan Startups Among 20 Semi-Finalists in MEST Africa Challenge 2025

Three Kenyan startups, Logistify AI, Farmsky Ventures, and Investa Farm, have been named among the 20 semi-finalists in the MEST Africa Challenge (MAC) 2025. The competition, now in its seventh edition, is organized by MEST Africa in partnership...

Dangote Refinery Set For Partial Listing On Nigerian Exchange To Attract Investors

Africa’s richest man and President of the Dangote Group, Aliko Dangote, has unveiled plans to float between 5% and 10% of the Dangote Refinery’s equity on the Nigerian Exchange (NGX) within the next 12 months, in a strategic move aimed at...

Pave Bank, the first programmable bank operating in Georgia, has raised $39 million

Pave Bank, which began operations in Georgia last year, has secured $39 million in investment. The investors in this world‑leading programmable bank include global venture capital firms such as Accel Partners, Tether Investments, Quona Capital,...

AfDB calls for innovative financing to unlock Africa’s SME potential

Dar es Salaam. The African Development Bank (AfDB) has called for bold reforms and innovative financial mechanisms to expand access to funding for Africa’s small and medium enterprises (SMEs), who account for over 90 percent of businesses on the...

BusinessDay and Impact Investors Foundation host policy discourse on local funds domiciliation in Africa

L-R: Azeezah Muse-Sadiq - Partner, Banwo & Ighodalo; Dipo Okuribido - Senior Vice President, Legal, Verod Capital Management; Babatunde Olaniyi - Technical Adviser, Presidential Fiscal Policy & Tax Reform Committee; Gwen Abiola-Oloke -...

Renewed positivity in South Africa’s listed property sector: what investors need to know

After a period of economic pressure and subdued investor sentiment, renewed positivity is emerging in South Africa’s listed property sector. Signs of stabilisation in valuations, improving operational performance by leading real estate investment...

South Africa’s young investors smash market records in 2025 JSE Investment Challenge triumph

The outstanding performance of the top teams across school and university categories demonstrated the emerging talent among South Africa’s next generation of investors. The JSE Investment Challenge equips young South African investors with...

Reframing Africa’s side hustle economy

Reading Time: 5 minutesIn Eswatini, as in much of Africa, most small businesses define themselves by the term ‘side hustle’. The side hustle is more than a buzzword—it is a daily reality for millions who rely on multiple income streams to make...

South African rand muted as traders eye possible 'grey' list exit

The rand was flat in early trade on Thursday, as cautious investors awaited news on South Africa's possible removal from the Financial Action Task Force's "grey" list, along with key US inflation data due later in the week. At 0646 GMT the rand...

Prof Janabi urges African governments to invest in youth for a healthier, self-reliant continent

Durban. The World Health Organization (WHO) Africa has urged African governments to invest substantially in young people as a key pillar for building a healthier, self-reliant, and resilient continent. The WHO Regional Director for Africa, Prof...

How outsourcing sector became South Africa's goldmine

SCREENGRAB Esethu Dywili says his lucrative accountancy work has given him the chance to change his family's life. The 31-year-old has spent a number of years working in South Africa's fast-growing outsourced financial services sector. An...

Elumelu: When investors succeed, nations succeed

The Group Chairman, United Bank for Africa (UBA) Plc and Heirs Holdings Limited, Tony Elumelu, has said that nations only succeed when investors succeed. The businessman thus challenged African policymakers to create environments that reward...

New mining deals mean more profit for Africa

Nairobi. A wave of mergers and acquisitions is redrawing Africa’s mineral economy, boosting its scale, strategy and fiscal resilience. The mining industry in Africa is entering a new phase of consolidation that could redefine who controls and...

South Africans are rethinking unit trusts …

And turning to active ETFs instead. Actively managed exchange-traded funds (ETFs) are rapidly outpacing traditional unit trusts on EasyEquities, the low-cost online investment platform owned by Purple Group, as investors look for more flexibility,...

IMF Warns of Rising African Debt

Governments across Sub-Saharan Africa are increasingly relying on domestic banks to finance their budgets, a shift that the International Monetary Fund (IMF) warns is driving up borrowing costs and straining local financial systems. In its latest...