Africa-Press - Eswatini. The International Trade Centre (ITC) has been named the recipient of the Trade Initiative of the Year Award by the Eswatini Investment Promotion Authority (EIPA), in recognition of its exceptional contribution to strengthening Eswatini’s export development and...
ITC Wins Trade Initiative Award for Eswatini Exports
Tanzania Unrest Disrupts Malawi Economy and Trade
Africa-Press - Malawi. Economic ripples from Tanzania’s post-election unrest are now being felt deep inside Malawi, with hundreds of transporters—including fuel tankers—trapped at the Kasumulu Border and supply chains grinding to a halt.
For days, the normally busy border post between...
Airtel Africa Reports $2.98 Billion Revenue Growth
Africa-Press - Malawi. Airtel Africa Plc has announced a revenue growth by 24.5% in constant currency to $2.98 billion in the half year ended 30 September 2025, improving profit after tax to $376 million, up from $79 million in the prior period.
In a press statement released, Airtel Africa says...
Coup Report Against Tinubu Damaging Nigeria's Image
Africa-Press - Nigeria. The Presidency has declared that the reported attempted coup is damaging Nigeria’s economy and scaring foreign investors away from Nigeria.
President Bola Tinubu’s spokesman, Bayo Onanuga, made the remark during an interview on Arise News’ Prime Time programme on...
African Indigenous Knowledge Essential for Agricultural Innovation
Africa-Press - Ethiopia. Scientists have urged a continental shift toward homegrown research ecosystems, arguing that integrating indigenous knowledge with modern science is the key to unlocking sustainable agricultural growth, food security, and economic resilience across Africa.
Experts...
TN CyberTech Plans Integration Into Zimbabwe Financial Ecosystem
Africa-Press - Zimbabwe. TN CyberTech Investments Holdings Limited (TNCIH) plans on integrating its services with supermarkets, asset managers, stockbrokers, insurance companies and mobile money platforms as part of its efforts to become a neobank, it has been revealed.
TNCIH banking subsidiary,...
Fresh Fuel Price Hike Looms With 15 Percent Import Duty
Africa-Press - Nigeria. A fresh fuel price hike looms as President Bola Tinubu has approved a 15 per cent ad valorem import duty on automotive gas oil (diesel) and premium motor spirit (PMS), also known as petrol.
According to The Guardian, this was announced in a letter dated October 21, 2025,...
Uganda UAE Strengthen Trade Investment Ties at Forum
Africa-Press - Uganda. Uganda and the United Arab Emirates (UAE) have reaffirmed their commitment to deepen economic cooperation across energy, infrastructure, agribusiness, and finance following high-level deliberations at the Fourth Uganda–UAE Business Forum held at Speke Resort,...
Angola-Israel Trade Portfolio Exceeds USD 100 Million per Year
Africa-Press - Angola. Trade between Angola and Israel is valued at over USD 100 million per year, with agriculture, construction, and commerce being the most prominent activities in business between the two countries.
The data was presented on Tuesday in Luanda by Israel's ambassador to Angola,...
Revive Cocoa Grinding Plants and Local Industries in Nigeria
Africa-Press - Nigeria. The Forum for Former Deputy Governors has urged the Federal Government to revive cocoa grinding plants, textile mills and other local industries across the country to boost economic growth and job creation.
The FFDG disclosed this in a communiqué signed by its Chairman...
NUPRC Seeks Investment from Bank of America
Africa-Press - Nigeria. The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has urged the Bank of America to increase funding and investment portfolios for Nigeria’s upstream oil sector to boost crude oil production.
In a statement by NUPRC...
Zesa boss suspended over Sona power outage
Africa-Press - Zimbabwe. Power utility Zesa Holdings acting managing director Abel Gurupira has been suspended following a power cut incident while President Emmerson Mnangagwa was delivering the State of the Nation Address (Sona) at the New Parliament Building in Mt Hampden, Harare, on...
Expert Urges Fairer Terms in New Eu-Gambia Fisheries Deal
Africa-Press - Gambia. In the wake of the EU ambassador’s expression of openness to renegotiate a new fisheries deal with The Gambia, a researcher and expert on fisheries matters, Mustapha Manneh, has said the country must have a fairer share of its marine resources in any new...
Uganda Courts Qatar Investment in Key Sectors
Africa-Press - Uganda. Embassy of the Republic of Uganda in the State of Qatar successfully hosted the Second edition of the Uganda –Qatar Business Forum at Rotana City Center, Doha. Qatar.
The event was organized under the theme: “Uganda and Qatar in Partnership for Shared Economic...
Government Launches We-Elevate Project for Women'S Empowerment
Africa-Press - Gambia. The Ministry of Communications and Digital Economy on Tuesday officially launched the WE-Elevate Project, an initiative designed to drive women’s empowerment and participation in the digital economy.
The project is spearheaded by the Government of The Gambia in...
Ethiopia's Quest for Red Sea Access Legal and Economic
Africa-Press - Ethiopia. PM Abiy said Ethiopia's quest for access to the Red Sea is a legal, historical, geographical and economic issue.
Responding to questions raised at the 5th year regular session of the House of People's Representatives today, he highlighted Ethiopia's loss of access to the...
US$120m cement plant opens in Chegutu
Africa-Press - Zimbabwe. A US$120m cement plant is set to open in Chegutu in a move that will see around 500 people being employed at the site.
The cement plant, being constructed by Shuntai Investments, is expected to be complete in April next year and will be producing 800 000 tonnes of cement...
Uganda UAE Strengthen Investment Ties Ahead of Forum
Africa-Press - Uganda. A high-level delegation from the United Arab Emirates (UAE) has arrived in Uganda to launch a new phase of bilateral cooperation ahead of the Fourth Uganda–UAE Business Forum, scheduled for October 27–29 at Speke Resort Munyonyo.
The visit aims to showcase Uganda’s...
Private Firms Allowed to Sell Electricity to Consumers
Africa-Press - Zimbabwe. The government, through the Zimbabwe Energy Regulatory Authority (ZERA), has taken a big step toward opening up the power sector by allowing private companies to sell electricity directly to consumers.
Under the new system, firms can get licences to buy electricity from...
From Rocks to Revenue: Malawi’s Minerals at a Crossroads
Africa-Press - Malawi. Malawi has long exported its valuable minerals in raw form, losing millions in potential revenue every year. The government recently announced a ban on the export of raw minerals, saying the country must process its resources locally before they leave its borders. The...