The Central Bank of Nigeria (CBN) has confirmed that only 82 Bureau De Change (BDC) operators currently hold valid licenses to operate in Africa’s most populous nation, marking a dramatic consolidation of the foreign exchange retail sector. The disclosure was made in a statement issued on Monday by the Bank’s Acting Director of Corporate Communications, […]

South Africa’s exports to the United States have defied expectations, jumping 37% over the first ten months of 2025 despite facing an unprecedented barrage of tariffs and the expiration of the African Growth and Opportunity Act (AGOA), according to data from the South African Revenue Service (SARS). The resilience of Africa’s most industrialized economy in […]

A regional initiative, the Program for Improving Fisheries Governance and Blue Economy Trade Corridors (PROFISHBLUE), has emerged as a groundbreaking model for sustainable resource management and economic integration across Southern Africa. This African Development Bank Group-funded programme, supported by a $9.2 million grant through the African Development Fund (ADF 15), is now tangibly improving the […]

A landmark regional fisheries initiative has transformed aquatic resource management across Southern Africa, improving the lives of nearly three million people while generating unprecedented levels of cross-border fish trade and strengthening food security across 16 nations. The Program for Improving Fisheries Governance and Blue Economy Trade Corridors, known as PROFISHBLUE, represents one of the most […]