Africa’s FDI inflows slump 38% despite global rebound
…records second-steepest decline among developing regions Africa struggled to attract Foreign Direct Investment (FDI) in 2025 as inflows fell by...
- Wednesday, July 08, 2026
BusinessDay
…records second-steepest decline among developing regions Africa struggled to attract Foreign Direct Investment (FDI) in 2025 as inflows fell by...
Africa’s tech ecosystem recorded 2,421 layoffs in 2025, the highest annual total tracked in five years, as companies intensified a...
Three ambassador-designates to the United States (US), the United Kingdom (UK), and Francehave been appointed by Bola Tinubu, Nigeria’s president,...
Startup shutdowns in Africa jumped 50 percent in 2025, erasing more than $52 million in previously raised capital, as a...
Nigeria’s push to revitalise its oil sector is bearing fruit, with Chevron Nigeria Limited announcing its third exploration success since...
Shell Plc and its partners in Nigeria are exploring how to develop a big oil field in the West African...
The Economic Community of West African States (ECOWAS) has turned towards artificial intelligence, financial technology and digital transformation as central...
African Export-Import Bank (Afreximbank) on Friday officially terminated its credit rating relationship with Fitch Ratings. The decision follows a review...
The House of Representatives Ad hoc Committee investigating Nigeria’s power sector reforms and expenditure from 2007 to 2024 has summoned...
The Economic and Financial Crimes Commission (EFCC) has uncovered what it described as widespread negligence and compromise within Nigeria’s banking...