Top 10 African Billionaires Shaping the Economy
These top 10 African billionaires are driving economic growth, shaping industries, and influencing global markets in 2025.
Business
Mastering Personal Finance: Strategies for Effective Money Management
But financial success goes beyond using tools—it requires smart decision-making, planning, and consistency. From tackling card debt to setting up an emergency fund, every step counts
Blastup Review: How Safe and Secure Is It for Your Expansion on Instagram?
Designed to let users boost their Instagram followers, likes, and views, Blastup is a social media growth tool.
Nigeria Seeks $2.25 Billion in World Bank Loans
According to Minister Edun, the proposed funding from the World Bank will be split into two main parts: $1.5 billion in development policy financing and $750 million in program-for-results financing.
Uganda Implements New ID Requirement for Large Mobile Money Transactions
Under these regulations, all high-value transactions ( UGx 1,000,000 upwards ) at authorized agent locations and operator centres on digital financial service platforms must be conducted only after verifying the customer's identity using a valid form of identification.
Zimbabwe Faces 'Currency Chaos' with the Introduction of New ZiG Notes
Many find themselves needing to double or even triple their usual spending to get through the day due to shops rounding up transactions or refusing smaller denominations.
China Cancels Part of Zimbabwe's Debt as Country Grapples with Financial Crisis
According to government data, Western countries and international financial institutions make up 70% of Zimbabwe's external debt, while obligations to China account for just 15%.
Nigerian Socialite Charged for Abusing Banknotes Amid Crackdown on Currency Abuse
Okechukwu, who owns a well-known nightclub in the oil-rich Delta State, faced the court on Wednesday in Lagos' Federal High Court where he was granted bail set at 10 million naira (approximately $8,600)
Ugandan Traders Shut Down Businesses in Protest Against New Tax System
The system, known as the Electronic Fiscal Receipting and Invoicing System (EFRIS), was introduced by the Uganda Revenue Authority in January 2021 to monitor sales and taxes in real-time.
Nigeria Faces Record Inflation Rate: The Highest in Nearly Three Decades
The NBS has identified food as the primary driver of this inflation spike, attributed to soaring costs of staples such as bread, grains, dairy, eggs, meat, and vegetable oil.
Zimbabwe Faces Currency Crisis: 75% of Zimbabweans Forced to Use the US Dollar as New ZIG Launch Stalls
The informal sector, which constitutes about 75% of employment in Zimbabwe, has ceased accepting the Zimdollar, also known as the RTGS dollar, due to fears of its depreciating value.
Nigerian Transgender Influencer Bobrisky Sentenced for Currency "Spraying" at Social Event
Bobrisky, who has a following of five million on social media, pleaded guilty to the charges brought against her by Nigeria’s anti-graft agency following her arrest last earlier this month.
Egypt Secures €1 Billion Loan from EU to Bolster her Economy
As part of the loan agreement, the European Union has stipulated that Egypt must continue to make progress towards establishing effective democratic mechanisms.
Burkina Faso Suspends Wheat Imports Amid Push for Local Production
The suspension of wheat imports is part of a larger economic strategy to stabilize the local economy by supporting farmers and reducing the outflow of capital for imported goods.
Canal+ Launches $2.9 Billion Mandatory Offer to Acquire MultiChoice
Canal+, which already holds the position as the largest shareholder in MultiChoice, appears determined to consolidate its influence over the African media landscape.
Zimbabwe Introduces New Currency Amid Economic Crisis
Zimbabwe introduced a new currency, the ZiG, on Friday, seeking to replace the severely depreciated Zimbabwe dollar that has been marred by inflation and public distrust.