Category: Africa Business Report
US-IRAN WAR:Strait of Hormuz closure hits key economic sectors in Africa
OLAMILEKAN OKEBIORUN
Disruptions to shipping through the Strait of Hormuz are beginning to ripple across African economies, threatening fertiliser [...]
AFDB loan support to Namibia exceeds N$9.6 billion
STAFF WRITER
African Development bank AfDB Deputy Director General for Southern Africa, Moono Mupotola says the bank has funded projects in excess [...]
China’s battery makers are feeling the brunt of Zimbabwe’s lithium export ban
Solomon Ekanem
On February 25, the Government of Zimbabwe announced an immediate halt to all lithium concentrate shipments including carg [...]
Namibia misses out on top 10 list of best universities in Southern Africa
Adekunle Agbetiloye
Business Insider Africa reports that Higher education in Southern Africa is having a defining moment. The latest Times Higher [...]
African billionaires who own luxury brands around the world
SEGUN ADEYEMI
Africa’s roster of billionaires is a fascinating mix of industrial titans, financiers, and cultural influencers. Yet only [...]
Angola opens first-ever vehicle assembly plant
SEGUN ADEYEMI
Angola has taken a major step towards rebuilding its industrial base with the opening of its first operational vehicle assembly plant [...]
Namibia among top 10 African countries with the highest crime index at the start of 2026
ADEKUNLE AGBETILOYE
Namibia is among tp countries with the highest crime indexes in Africa, a report by Numbeo shows. The report is accessible on : [...]
Africa positioned to dominate space science
SHARON KAVHU in Cairo, Egypt
Africa’s drive toward establishing a sustainable space economy is gaining momentum, with the continent now positioning [...]
Old Mutual Limited struggles to repatriate Zim dividends
TATIRA ZWINOIRA
SOUTH African financial services group, Old Mutual Limited (OML), has revealed that it is still struggling to repatriate dividends fr [...]
Dangote, Jay-Z, Masiyiwa on top black billionaire list
Forbes has released its much-anticipated 2025 list of the world’s Black billionaires, spotlighting some of the most influential figures across busines [...]