Africa stands at the cusp of an unprecedented digital transformation, with the continent’s rapidly expanding digital economy projected to reach an impressive $1.5 trillion by 2030, according to groundbreaking projections revealed at the Mastercard Africa Edge Summit. This momentous forecast underscores Africa’s emergence as a formidable player in the global digital economy, driven by unprecedented […]

After seven decades of exploration, political upheaval, and corporate maneuvering, Guinea’s monumental Simandou iron ore project is finally transitioning from promise to production. Valued at $23 billion, this undertaking represents not only Africa’s largest-ever mining venture but also a potential game-changer for global iron ore markets and China’s strategic resource security. The project’s advancement signals […]

The sub-region of West Africa is undergoing a critical shift in its economic governance architecture as the Economic Community of West African States (ECOWAS), through its Private Sector Directorate, intensifies preparations for the formal launch of the ECOWAS Business Council (EBC). A meeting held on 28 October 2025 in Abuja, Nigeria, convened the Technical Working […]

The Federal Government of Nigeria is embarking on a comprehensive strategy to eliminate the export of unprocessed mineral ores from the country, marking a decisive shift in the nation’s approach to leveraging its vast natural resource endowments for sustainable economic development. This transformative policy direction was emphatically articulated at the 40th Annual General Meeting of […]