ADDIS ABABA, May 29 – African airlines recorded stronger passenger traffic and improved seat utilization in April 2026 as travel demand across …
Africa
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BRAZZAVILLE, May 28 – The African Development Bank has warned that Africa’s trade finance shortfall could widen significantly over the next two …
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NAIROBI, May 28 – A new investment vehicle focused on African manufacturing and industrial development has been launched with plans to mobilize …
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Economy
AfDB Says Africa Could Save $299 Billion Annually Through Better Public Investment Efficiency
BRAZZAVILLE, May 27 – The African Development Bank says African economies could unlock hundreds of billions of dollars in additional development financing …
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NAIROBI, May 27 – Africa’s economic growth is expected to slow slightly to 4.2% in 2026 from 4.4% last year as tensions …
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Telecommunications
Africa Could Lose Billions of Telecom Revenue to Expansion in Satellite Operations
NAIROBI, May 27 – African governments and telecom operators risk losing billions in revenue, jobs and network investment as satellite internet providers …
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KINSHASA, May 26 – African governments and international partners have committed approximately $498.8 million to strengthen response efforts against the expanding Bundibugyo …
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BRAZZAVILLE, May 25 – African leaders, policymakers and financiers gathered at the annual meetings of African Development Bank on Monday as the …
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CAIRO, May 23 – The African Export-Import Bank reported first-quarter profit of $268.9 million for 2026, supported by stronger lending activity and …
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Economy
Nigerian Exchange Chairman Urges African Markets to Invest in Creative and Innovation Economy
LAGOS, May 23 – The Nigerian Exchange Group Chairman Umaru Kwairanga has called on African capital markets and financial institutions to broaden …