The Republic of South Africa has officially acceded to the Establishment Agreement of the African Export-Import Bank (Afreximbank), marking a watershed moment in continental economic integration as Africa’s most industrialized economy becomes the institution’s 54th member state. This historic accession, formalized on February 4, 2026, in Johannesburg, brings with it an ambitious $8 billion Country […]

Ethiopia’s central bank has announced sweeping reforms to its foreign exchange regulations, removing a critical barrier that has long constrained foreign direct investment in Africa’s second-most populous nation. The National Bank of Ethiopia (NBE) confirmed on Wednesday that investors can now repatriate dividends abroad without prior approval, marking the latest milestone in the government’s ambitious […]

Nigeria’s foreign exchange reserves have surged to approximately $49 billion as of February 5, 2026, according to Central Bank of Nigeria (CBN) Governor Olayemi Cardoso, marking a dramatic turnaround in the nation’s external position and signaling renewed investor confidence in Africa’s largest economy. The announcement, made at the second edition of the National Economic Council […]

South Africa’s antiretroviral drug supply chain faces unprecedented uncertainty following the business rescue proceedings of two major pharmaceutical suppliers, prompting Cipla Medpro South Africa to mobilize resources and expand manufacturing capacity to prevent treatment disruptions for the nation’s eight million people living with HIV. Build the future you deserve. Get started with our top-tier Online […]