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Economy

15 Years of Africapitalism in Action: Executing Heirs Holdings’ Bold Vision for Africa

Heirs Holdings celebrates 15 years of impact, catalyzing transformation across Africa through strategic investments in critical sectors. The group has a $10.2 billion portfolio spanning 24 countries across four continents....
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Manufacturing Africa at AFSIC 2025: Unlocking Industrial Investment Across the Continent

London, October 14–15, 2025 — Africa’s industrial future will take center stage at AFSIC – Investing in Africa 2025, as the UK’s flagship development initiative, Manufacturing Africa, hosts a high-impact...
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Afreximbank and Dangote: Financing Africa’s Industrial Ambition

In a bold move to stabilize one of Africa’s most strategic industrial assets, Afreximbank has committed $1.35 billion to refinance the debt of the Dangote refinery, part of a $4...
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Africa Rising: A New Era of Strategic Growth and Global Influence

Africa is no longer the continent of tomorrow—it is the continent of now. With explosive demographic growth, accelerating urbanization, and bold leadership driving innovation across key sectors, Africa is reshaping...
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Burkina Faso Bets on Solar to Power Its Energy Independence

Once heavily reliant on electricity imports, Burkina Faso is now embracing solar energy as a strategic pillar of its development. By harnessing the sun, the country aims to reduce its...
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UBA Group Chairman Tony Elumelu Champions Private Sector-Led Development at 2025 African Caucus in Central African Republic

Under the distinguished patronage of His Excellency Professor Faustin-Archange Touadéra, President of the Central African Republic, Mr. Tony O. Elumelu, Group Chairman of United Bank for Africa (UBA) and Founder of...
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Turkey Deepens Its Strategic Footprint in Africa

With $10 billion in exports to Africa during the first half of 2025, Turkey is rapidly expanding its influence on the continent—leveraging trade, diplomacy, security cooperation, and cultural engagement. Since...
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Tesla Phone: Elon Musk’s Next Disruption Could Redefine the Smartphone Market

After revolutionizing the auto industry, space exploration, and energy storage, Elon Musk may now be setting his sights on a new frontier: mobile technology. While not officially confirmed, the so-called...
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Xiaomi’s Silent Empire: How a Chinese Giant Is Redefining the Future of Global Tech

In just a decade, Xiaomi has evolved from a smartphone disruptor into a global tech conglomerate. As it takes aim at the electric vehicle market, humanoid robotics, and advanced chip...
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Zambia’s $1.1 Billion Refinery in Ndola: Bold Vision Meets Economic Uncertainty

Zambia is taking a major step toward energy independence with the announcement of a new $1.1 billion oil refinery in Ndola, a city in the country’s industrial heartland. The project...
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Gold, Power, and Pressure: Barrick’s Legal Setback in Mali Signals a Deeper Shift

A Malian court has rejected an appeal by Canadian mining giant Barrick Gold to release four of its local employees detained since November 2024. The decision, delivered Tuesday by Judge...
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Africa at the Center: The Great Power Shift Reshaping the Continent

Africa is no longer just a development partner or emerging market—it has become a strategic battleground for global influence. China is moving beyond its traditional economic diplomacy to include military...
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Dr Paul K. Fokam: The Strategic Mind Shaping Africa’s Financial and Intellectual Future

Industrialist, banker, entrepreneur, researcher, and thinker—Paul Kammogne Fokam, 76, is the visionary behind Afriland First Group, a pan-African financial empire with global reach. Beyond banking, he is a firm believer...
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UBA’s LEO becomes Africa’s first chatbot to enable cross-border payments

Group Head, Retail and Digital Banking, Shamsideen Fasola that enhanced security and confidentiality and wider options for remittance products are other benefits that customers stand to gain from the service....
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