President Donald Trump is expected to meet with global business leaders during a high-stakes visit to Davos on Wednesday, as his controversial demands regarding Greenland and accompanying tariff threats cast a shadow over the World Economic Forum’s annual gathering in the Swiss Alps. Business leaders from financial services, cryptocurrency, and consulting sectors have been invited […]
Egypt has secured crucial development financing from the African Development Bank (AfDB) as the country accelerates its economic reform trajectory. On January 19, 2026, Egypt and the AfDB formalized a $170 million agreement for the second phase of the Private Sector Development and Economic Diversification Support Program (PSD-EDSP), marking a significant milestone in the nation’s […]
Kenyan startups raised close to US$1 billion in funding in 2025, achieving the largest amount raised by any African market since 2022 and solidifying the East African nation’s position as the continent’s undisputed startup capital. The milestone was driven overwhelmingly by debt financing flowing into energy and asset-heavy companies, marking a fundamental shift in how […]
The World Economic Forum began its 56th Annual Meeting in Davos, Switzerland on January 19, 2026, launching discussions under the theme “A Spirit of Dialogue” at a moment when global cooperation faces severe tests from geopolitical conflicts, supply-chain realignments, and sharply diverging economic policies among major economies. The annual gathering of approximately 3,000 cross-sector leaders […]
Nigeria is positioned for a significant boost in trade and foreign investment following its removal from the European Union’s list of high-risk countries for financial crimes, a development that experts say will strengthen investor confidence and substantially lower the cost of doing business with Europe’s integrated market of over 450 million consumers. The delisting, which […]
Kenyan motorists and households will experience modest relief at the pump following the Energy and Petroleum Regulatory Authority’s latest price reduction announced Wednesday, January 14, 2026. The energy regulator slashed petrol prices by Sh2 per litre while diesel and kerosene each dropped by Sh1 per litre, marking the first downward adjustment after months of stable […]
Ukrainian President Volodymyr Zelensky has declared a state of emergency for Ukraine’s energy sector as temperatures plummeted to minus 20 degrees Celsius in Kyiv and ongoing Russian missile and drone attacks continue to devastate the nation’s critical infrastructure. The declaration comes as hundreds of thousands of residents across the capital and beyond endure prolonged periods […]
Ghana will scrap long-term mining investment stability agreements and approximately double royalties under sweeping reforms as Africa’s top gold producer seeks to capture greater benefits from surging bullion prices that recently reached record highs above $4,600 per ounce. The changes mark a dramatic policy shift for a country that pioneered these preferential agreements in the […]
President Donald Trump’s sweeping announcement of a 25 percent tariff on any country conducting business with Iran has sent shockwaves through African capitals, where governments are now scrambling to assess the potential economic fallout from a policy that threatens to compound already mounting trade pressures from Washington. The tariff announcement, delivered via Trump’s Truth Social […]
The European Union has officially removed South Africa from its list of “High-Risk Third Country Jurisdictions,” marking a significant milestone in the nation’s efforts to rehabilitate its financial compliance reputation and restore international confidence in its anti-money laundering and counter-terrorism financing frameworks. The decision, published on January 9, 2026, will take effect on January 29, […]
The Government of Germany, in partnership with the Government of Kenya and the United Nations High Commissioner for Refugees (UNHCR),...
The United Arab Emirates is positioning itself for another year of impressive economic expansion, with government projections indicating that the...
The Republic of South Africa has officially acceded to the Establishment Agreement of the African Export-Import Bank (Afreximbank), marking a...
The Nairobi Securities Exchange has entered uncharted territory as Safaricom's newly launched Ziidi Trader platform triggers unprecedented retail participation, fundamentally...
