French artificial-intelligence company Mistral has raised €3 billion at a valuation of approximately €21 billion, or $24 billion, weeks after signing an agreement to explore the use of its technology in Côte d’Ivoire.
Author: Monah Anthony
Abu Dhabi National Oil Co. is in talks with major refining companies in Africa and Thailand to invest in their businesses as it seeks to secure customers for its crude and expand its fuel-trading operations.
Kuwait has introduced residency permits of up to 10 years for some people who lost Kuwaiti citizenship, giving them a legal way to remain in the country as foreign residents.
Africa’s digital payments surge is widely seen as a success story of easier transactions, broader financial access and rapid fintech expansion, but as banks expand across borders and transactions move faster, a more structural question is emerging: can digital payment infrastructure also make banking systems more resilient when liquidity comes under pressure?
Only six African countries have been included in the 2026 IMD World Competitiveness Ranking, with South Africa reclaiming its position as the continent’s most competitive economy and Nigeria ranking near the bottom of the 70 economies assessed globally.
Johannesburg:A South African business delegation will visit New Delhi next week to explore opportunities to expand economic ties with India and address the trade imbalance between the two countries. The South African BRICS Business Council (SABBC) will attend the BRICS Business Council and Business Forum meetings in New Delhi on September 10 and 11, ahead…
Geopolitical developments are emerging as an important factor in the future of Africa’s fintech sector, with experts at the MTN Group Fintech Summit 2026 examining how global political and economic trends could influence the continent’s digital economy.
China’s President Xi Jinping arrived in Egypt on Tuesday, his first visit to the Arab world’s most populous nation in a decade, as countries across the Middle East reassess security and economic ties amid the fallout of the Iran war.
Angola’s 51% Debt Anchor: Can Fiscal Discipline Protect Growth Beyond the Oil Economy?
In Africa, where trucks dominate the flow of products, farmers rely on fuel-powered gear, and many companies rely on diesel generators, a dramatic spike in diesel costs may swiftly spread across the economy.
