Nigeria’s fintech leader, Flutterwave Inc., has been granted a full banking license by Nigerian regulators, a development the company says will deepen its role in the country’s financial system and make digital payments more efficient for consumers, small businesses, and large enterprises. Flutterwave has received a full Nigerian banking license, allowing it to hold deposits…
Toyota Tsusho Corporation, a major player in the Toyota Group and a multibillion-dollar conglomerate, has committed an additional $32 million to the development of Namibia’s Lofdal Heavy Rare Earths Project. Toyota Tsusho Corporation has invested an additional $32 million into Namibia’s Lofdal Heavy Rare Earths Project to boost production of critical minerals. The investment targets…
Egypt’s airports have registered a surprising surge in passenger numbers this year, even as conflict in the Middle East continues to disrupt global aviation and travel confidence. Egypt’s airports recorded an 8% year-on-year increase in passenger numbers from March 1–29, reaching 2.2 million travelers. This follows a strong start to 2026, with January and February…
South African gasoline prices are set to rise by the largest margin in nearly two decades as oil prices surge and the rand weakens amid the war in Iran. South African gasoline prices will rise by the largest margin in nearly 20 years due to surging oil prices and a weaker rand linked to the…
Following international coverage on the illegal recruitment of Kenyan citizens in the Russia/Ukraine war, the Kenyan government has successfully coordinated efforts to secure their release. The Kenyan government repatriated around 47 nationals who had been recruited to fight in the Russia-Ukraine conflict, but some Kenyans continue to participate willingly. Kenya’s government has declared that enlisting…
Officials from Uganda and Egypt have raised concerns over the growing economic strain on Africa as the ongoing conflict involving Iran continues to disrupt global energy markets and drive up food prices. African leaders are raising alarm over rising energy and food prices linked to the Iran conflict. Egypt and Uganda warn that global oil…
Masai Ujiri, the Nigerian executive and former President and Vice Chancellor of the 2019 National Basketball Association (NBA) champions, the Toronto Raptors, is transitioning his leadership expertise to the Women’s National Basketball Association (WNBA). Masai Ujiri, former Toronto Raptors executive, has become a principal owner of the new WNBA team Toronto Tempo. He joins Serena…
South Africa’s leading brands posted robust gains in 2026, with the combined value of the country’s top 100 brands rising 12% year on year to about $41 billion, according to a new report by Brand Finance. South Africa’s top 100 brands recorded a 12% rise in value to about $41 billion in 2026. MTN maintained…
Africa has secured five places on Time magazine’s World’s Greatest Places of 2026 list, underscoring both the continent’s growing appeal in global tourism and its continued underrepresentation in high-end travel rankings. Africa secured five spots on Time magazine’s World’s Greatest Places of 2026 list, reflecting both growing interest and ongoing underrepresentation in luxury travel rankings.…
