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African Business Magazine

@AfricanBizMag

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The latest news and insights on African business from the best-selling pan-African magazine. Subscribe:

Africa | London | Paris
Joined October 2011
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@AfricanBizMag
African Business Magazine
24 days
Dive into the June issue of African Business. Discover how #Kenya ’s William Ruto is attracting #investors and strengthening #US ties, despite facing domestic challenges. Plus, insights on African credit ratings, Nigeria’s crypto crackdown, and more ⬇️
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@AfricanBizMag
African Business Magazine
1 year
Senegal's cinema industry experienced a golden era in the 1970s with nearly 37 cinemas operating in the capital city alone. Now, local and foreign investors call for a revival to bring back public gathering and cultural expression.
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African Business Magazine
1 year
Senegal's economy is expected to grow at 8.0% in 2023 and 10.5% in 2024, thanks to the growth of the oil and gas industry, according to the World Bank.
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African Business Magazine
1 year
What does Davos hold for Africa? Read our special dossier exploring Africa's prospects and priorities at #WEF23 . Brought to you by @Brand_SA
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African Business Magazine
1 year
Senegal's logistics sector is set to receive a massive boost with the upcoming $1.13bn deep-water port 50km south of Dakar. The port will enable trade and create jobs while positioning Senegal as a serious logistics player in Africa.
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African Business Magazine
2 years
Four young Africans have joined the board of Btrust, an initiative founded by @jack Dorsey and Jay-Z to promote #bitcoin development in Africa and India. How will they use its 500 bitcoin war chest? Read @SalakoBabaa 's report.
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African Business Magazine
4 years
While the chocolate industry is valued at over $100 billion USD, African economies that supply 2/3 of the cocoa beans only see about 5% of that pie. #reshapetrade #tradematters #wtoreform #africaforward Join the PAFTRAC #Africa on the @wto Webinar on:
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@AfricanBizMag
African Business Magazine
4 years
Join us tomorrow forthe African Trade Report 2020 Launch Webinar! December 15 | 09.30 AM GMT Register on
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African Business Magazine
1 year
This year's World Economic Forum takes place against a bleak economic backdrop, but the #Davos2023 meeting still offers big opportunities for Africa. Read our interview with @ChidoMunyati , head of Africa agenda @wef .
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African Business Magazine
3 years
"Limiting temperature rises to 1.5C is not enough for African countries," Uganda’s Vanessa Nakate tells climate demonstrators at #COP26 . “1.2C is already hell for us. It’s already destruction. It’s already suffering. It’s already disaster."
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African Business Magazine
1 year
This year's World Economic Forum takes place against a bleak economic backdrop, but the #WEF2023 meeting still offers big opportunities for Africa. Read our interview with @ChidoMunyati , head of Africa agenda @wef .
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African Business Magazine
1 month
A royal visit with a difference saw the Duchess of Sussex explore her West African heritage.
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African Business Magazine
1 year
Polls suggest a tight race in upcoming Zimbabwe elections. London-based survey suggests 53% would vote for opposition leader Nelson Chamisa, while 40% support President Mnangagwa.
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African Business Magazine
4 years
Africa and the New World Order: Join the @afreximbank #BabacarNdiayeLecture and hear from the foremost expert on China @mahbubani_k . Expect an insightful & provocative discussion on #China #Africa and the West - 20 Oct, 12.30GMT Register free #ChinaAfrica
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African Business Magazine
1 year
According to the @SBGroup , the need for Africa to follow a just transition to greener energy and advance the development of its people is imperative. Read more about the Group's approach to Investing in African energy: In partnership with the @SBGroup
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@AfricanBizMag
African Business Magazine
4 years
What will be the priorities for the #insurance industry in 2021 and beyond? The "New World of Insurance" panel will feature some of the industry heavyweights to answer this and other questions 18 December | 13.00 GMT Register at #africaninsuranceawards
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African Business Magazine
5 years
Watch @mreazi challenges leaders & policy makers to commit to end hunger and create employment by investing in sustainable food systems in Africa @TheAGRF #AGRF2019 @IFAD
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African Business Magazine
4 years
Featuring Panel Discussions with industry leaders + Special Live performances by Betty G, Femi Kuti and Magic System! Hosted by @AMDiasborges #AfricanInsuranceAwards 2020 | 18 December Register now on #insurance #africa #aia2020 @Africa_RE
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African Business Magazine
4 years
Exclusively at #AfricanInsuranceAwards 2020, Zouglou Kings’ @MagicSystemOffi will bring some heat from Abidjan. Tune in this Friday at 13.00 GMT and groove to their legendary beats Register on @Africa_RE
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@AfricanBizMag
African Business Magazine
3 years
This month's cover story focuses on the growth of Turkish engagement in Africa. From 12 embassies in 2003 to 42 in 2021, from $100m FDI in 2003 to $6.5bnin 2021, our infographic at tells the story. For more information go to
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African Business Magazine
3 years
We will be hosting next week, with @HLAfrica , the 4th webinar in our #Business Leaders Series with a focus on Southern Africa. Join us as we explore the key economic trends and developments in the region:
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African Business Magazine
1 year
Start-ups in Africa face unique financial challenges. Find out how @MultiChoiceGRP 's Africa Accelerator programme is looking to empower African entrepreneurs: In partnership with Multichoice Group
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African Business Magazine
3 years
"[Africans] see Turkey as a country not coming to the continent with any colonial baggage. We are here on the continent with a win-win strategy,” says @UlgenElif , Turkey's ambassador to South Africa. Read more in our focus on Turkey-Africa relations.
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@AfricanBizMag
African Business Magazine
4 years
Much progress has been made in expanding Financial Inclusion in Africa. How can inclusive insurance contribute to this progress? Attend #AfricanInsuranceAwards 2020 for insights into this growing industry in Africa Register on @Africa_RE
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African Business Magazine
2 years
Join us on May 4th to explore Disaster Risk Reduction in the first @ARCapacity Lecture of 2022! The keynote will be delivered by Mami Mizutori, head of the United Nations Office for Disaster Risk Reduction. Register now at
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African Business Magazine
1 year
Zimbabwe's upcoming election is about more than just a nation's future; it holds the key to regional stability and economic growth.
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African Business Magazine
3 years
Join us on November 10, 16:30 GMT, for the "Building New Partnerships for Resilience and Adaptation" to explore how Africa can respond to existing global challenges and prepare for future crises. Register now at
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African Business Magazine
2 years
According to Lacina Koné, DG of @RealSmartAfrica , Africa has 1.3bn people but only 7 unicorns, while Armenia with only 2.5m people has set up a national venture fund to create 10 local unicorns in 5 years. Time to be more ambitious. Read our full interview
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African Business Magazine
5 years
President @PaulKagame of Rwanda officially opens Africa's first smart phone factory where first #MadeinRwanda phones rolled off the assembly line last week. Read more:
@rbarwanda
Rwanda Broadcasting Agency (RBA)
5 years
🚨BREAKING NEWS President #Kagame has arrived at #Rwanda ’s Special Economic Zone where he will officially Launch the first ever Mara Phones manufacturing plant. #RBANews #RBAHafiYawe #MaraPhones
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African Business Magazine
3 years
Join us tomorrow, at 11:00 GMT, for the #PAFTRAC CEO Trade Survey Launch. Register now at The survey showed that 80% of businesses are confident the continent will grow in 2022. Join us to explore the full results of this survey on trade and the #AfCFTA .
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African Business Magazine
1 year
South Africa will host its fifth South Africa Investment Conference ( #SAIC ) tomorrow in Johannesburg. African Business reports on the opportunties in collaboration with @Brand_SA .
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African Business Magazine
2 years
What are the stakes for Africa at COP27? Episode 1 of #AfricaEnergyTV is out, bringing you insights on the climate debate as it’s happening in Egypt. Watch it here: Africa Energy TV is powered by AFC( @africa_finance )
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African Business Magazine
3 years
We don't believe your promises on climate change, Vanessa Nakate told delegates at #COP26 . "I am here to say: Prove us wrong... We desperately need you to prove us wrong. Please prove us wrong. God help us all if you fail to prove us wrong."
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African Business Magazine
1 year
South Africa hosts its fifth South Africa Investment Conference ( #SAIC ) in Johannesburg today. African Business reports on the opportunties in collaboration with @Brand_SA .
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@AfricanBizMag
African Business Magazine
2 years
How prepared is Africa to respond to #climate -induced natural disasters and disease? Join us with @ARCapacity and @HeadUNDRR for the #ARCLecture on Global Disaster Risk Reduction and responding to the #ClimateEmergency . Register now at
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@AfricanBizMag
African Business Magazine
1 year
The @ocpgroup dedicates 4 million tonnes of fertilisers to strengthen food security in Africa. Discover how the group is addressing both the immediate and longer-term drivers of food insecurity on the continent in our #WEF23 Special Issue:
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@AfricanBizMag
African Business Magazine
2 years
The MultiChoice Group, an official African media broadcast partner for The Earthshot Prize, will air the prestigious competition’s annual awards ceremony which will be filmed on Friday, 2 December at the MGM Music Hall in Boston, United States.
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African Business Magazine
3 years
Ugandan climate activist Vanessa Nakate has been taking the message to world leaders at #Cop26 that young people feel betrayed by governments’ failure to cut carbon emissions.
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African Business Magazine
4 years
Join us at #AIA2020 to see how Covid accelerated #digital transformation in #insurance and find out this year’s top #InsurTech and #Innovation of the sector. 18 Dec 2020 | 13h00 GMT Register Now: #AfricanInsuranceAwards @Africa_RE
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African Business Magazine
2 years
“Historically, Africans are responsible for only 3% of emissions, and yet some of us are suffering some of the most brutal impacts fuelled by the climate crisis,” Vanessa Nakate told delegates at #COP26 .
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African Business Magazine
3 years
Africa's most definitive list of 100 #MostInfluentialAfricans is out! Read the @NewAfricanMag issue for free by using the following link in the next 24h: #MIA2021
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African Business Magazine
4 years
Akinwumi #Adesina is sworn in for a second term as president of the @AfDB_Group . Here's what he pledges to do for #Africa over the next 5 years. #AfDBAM2020
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African Business Magazine
2 years
Join developers, financiers and key policymakers at Africa’s most important gathering on infrastructure investment. #AFCLive 2022, the Infrastructure Solutions Summit, will take place in Abuja, Nigeria, on 12th May 2022. Register now at
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@AfricanBizMag
African Business Magazine
2 years
In Africa, the annual economic loss from disasters has more than doubled over the past 30 years. Join #ARCLecture this Wednesday, May 4th, to discuss how the continent can build resilience that can save lives and livelihoods. Register now at
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@AfricanBizMag
African Business Magazine
7 years
Tanzanian businessman Mohammed Dewji reveals how he built his successful family business worth over $1.5bn.
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@AfricanBizMag
African Business Magazine
2 years
In her latest book, Ugandan climate activist Vanessa Nakate brings a youthful African voice to bear on the biggest issue of our time. Read our review of "A Bigger Picture: My Fight to Bring a New African Voice to the Climate Crisis".
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African Business Magazine
2 years
Weekly News Round-Up, with Africa in the spotlight at World Bank-IMF meetings. Also this week, hope and heartbreak in Tigray as diplomacy fails, Nigeria Air takes off, crypto makes a comeback in Africa and more 👇
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African Business Magazine
3 years
"As Turkey, we reject Western-centred Orientalist approaches to the African continent," Turkey's President Erdogan told the Angolan parliament on Monday. What does Turkey's growing presence on the continent mean for Africa? Read our latest update:
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African Business Magazine
3 years
“Based on the good experience we were able to show with the #BasketballAfricaLeague , many people have come to us asking us if it’s possible to host their event,” says the country's minister of sport, @AuroreMimosa . @Rwanda_Sports @kigali_arena
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African Business Magazine
4 years
The rollout of @prudentialplc 's Pulse app will help to make healthcare more accessible and affordable in Africa. Find out more in our exclusive interview with the company's Africa CEO, Dr Matt Lilley.
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@AfricanBizMag
African Business Magazine
2 years
“Even though the climate forecasts are terrifying, I still believe we can have hope. We have to. There isn’t any other option,” says Ugandan climate activist Vanessa Nakate. Read our review of her latest book.
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@AfricanBizMag
African Business Magazine
5 years
African Development Bank Shareholders approve huge $115 billion capital increase, signalling strong support. In an exclusive interview, @AfDB_Group President Akin Adesina, stresses the urgency to crowd in new partners to invest in Africa.
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African Business Magazine
2 years
Africa as a continent lacks a financial backstop in the face of the looming debt crisis. Former Sudanese finance minister and chair of the Economic Research Forum Ibrahim Elbadawi calls for the establishment of an African Stability & Liquidity Mechanism.
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African Business Magazine
3 years
Somaliland is positioning itself to become a major transport hub in East Africa. "Clearing times in Berbera will be much quicker than other ports in East Africa," says Minister of Investment Promotion @CAWADAYN . Read more in @__TomCollins ' report.
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African Business Magazine
1 year
In June AppsTech will test a new African-built ChatGPT product, but raising the investment hasn't been easy – @africatechie describes how the scales are tipped against women entrepreneurs in Africa.
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African Business Magazine
5 years
Since he joined the Trade & Development Bank (formerly PTA Bank) at just 41yrs in 2012, the Bank's balance sheet has grown from $1bn to nearly $6bn. Admassu Tadesse shares the growth strategy and prospects for drawing more investment into Africa. #Africa
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African Business Magazine
6 years
Its expected that: "passenger trains cruising at 160kph should take only two hours to travel between Dar es Salaam and Morogoro, down from the current 12 hours. The cargo trains will travel at 120kph." #Tanzania
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African Business Magazine
6 years
Intra-African trade grew by 8% in the first nine months of 2017, with Guinea, Ethiopia, Burkina Faso, Equatorial Guinea, and Sierra Leone in the lead. Now all is set. The CFTA vision is to become a reality - what are the implication? #AFCFTA
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African Business Magazine
2 years
“Even though the climate forecasts are terrifying, I still believe we can have hope. We have to. There isn’t any other option,” says Ugandan climate activist Vanessa Nakate. Read our review of her latest book.
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@AfricanBizMag
African Business Magazine
2 years
Moody's warns of a "very high" foreign currency risk for Nigerian banking sector, meaning that banks' financial performance risks being severely impacted by changes in the dollar-naira exchange rate.
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@AfricanBizMag
African Business Magazine
1 year
Tomorrow is #AfricaDay ! To celebrate the occasion we focus on the African Union's theme of the year for 2023 – Accelerating the implementation of the @AfCFTA to bring greater prosperity to the continent.
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African Business Magazine
6 years
Barack Obama to the rich amid loud cheers: "What an amazing gift you can have when you help people...there is only so much you can eat, there is only so big a house you can have.. its enough..you dont have to take a wow of poverty to help out." #BarackObama #MandelaLecture
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African Business Magazine
5 months
🌍 @muhammadpate , Nigeria's Coordinating Minister for health and social welfare, shares his vision for revamping the nation's health services. From tackling disease outbreaks to promoting local healthcare production, find out how Nigeria aims to prioritise its citizens'
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African Business Magazine
5 years
This is Bole International Airport. #Ethiopia #Africa 27.01.2019 Staff walk during the inauguration ceremony of the new terminal, which will expanded passenger terminal capacity to about 3 times - from current 7 million to 22 million per year. Photo Michael Telwelde/ AFP
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African Business Magazine
9 years
"You can never say I've worked hard enough now" @moodewji #mondaymotivation
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@AfricanBizMag
African Business Magazine
5 years
Business opportunities in the health-care & wellness sector in Africa estimated to be worth $259bn 2030, with the potential to create 16million jobs. Report by @ABHForum #FixHealthFixAfrica #GoodBusinessGoodHealth #ABHF2019 cohosted by @ECA_OFFICIAL @GBCHealth @AlikoDangoteFdn
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@AfricanBizMag
African Business Magazine
2 years
“Even though the climate forecasts are terrifying, I still believe we can have hope. We have to. There isn’t any other option,” says Ugandan climate activist Vanessa Nakate. Read our review of her latest book.
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@AfricanBizMag
African Business Magazine
2 years
Rwanda is back on the path to strong growth after the setbacks of the pandemic. The country's Minister of Finance and Economic Planning @RwandaFinance , Uzziel Ndagijimana, talks us through Rwanda's post-pandemic recovery plans.
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African Business Magazine
2 years
"Africa will not face a food crisis,” says @akin_adesina . Find out why the president of the @AfDB_Group is confident that Africa can generate an additional 38 million tonnes of food in just two years.
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African Business Magazine
2 years
In an exclusive interview, @akin_adesina the president of the @AfDB_Group shares his views on investment opportunities, financial management and the growing threat of climate insecurity.
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African Business Magazine
3 years
Paul Kagame has said that by failing to address Africa's problems until they are invited to Europe, African leaders create the impression they are not serious about seeking solutions. It’s time to stop looking externally for answers, says @gyude_moore
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African Business Magazine
3 years
President Erdogan has announced an official visit to Togo, Nigeria and Angola in October as Turkey expands its footprint and influence across Africa. As Ankara's engagement with the continent surges ahead, which countries has Erdogan visited so far?
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@AfricanBizMag
African Business Magazine
2 years
The removal of tariff and non-tariff barriers is as essential to the future of African trade as building better infrastructure and connectivity, says @AfCFTA secretary-general @MeneWamkele .
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@AfricanBizMag
African Business Magazine
2 years
“Even though the climate forecasts are terrifying, I still believe we can have hope. We have to. There isn’t any other option,” says Ugandan climate activist Vanessa Nakate. Read our review of her latest book.
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@AfricanBizMag
African Business Magazine
3 years
#Rwanda is disrupting the African sports industry by organising local games and hosting world class international tournaments with #Covid -secure measures in place, says Sport's Minister @AuroreMimosa . .
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@AfricanBizMag
African Business Magazine
7 months
🗣️"We're confident in his ability to champion our mission," says Kuljit Ghata-Aura, President of Boeing #METACA . ✈️ Boeing's expansion in Africa soars higher with @_HenokTeferra at the helm from Addis Ababa.
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African Business Magazine
6 years
The number of African countries attaining over 33% female representation in cabinet is increasing. There are currently 7 African countries in the list of countries with over 33% representation across the world. But… Article 👇🏾 courtesy of @ECA_OFFICIAL
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African Business Magazine
2 years
@Norebase CEO @adetolaov explains how the firm is helping companies scale Africa's fragmented markets at the click of a button. "We offer a single digital platform (for expansion) where you don’t have to think about anything else apart from the business."
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@AfricanBizMag
African Business Magazine
4 years
Technologies for African Agricultural Transformation (TAAT), @AfDB_Group , is revolutionising African agricultural production by accelerating the provision of improved seeds and other farming technologies.
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@AfricanBizMag
African Business Magazine
4 years
The @AfDB_Group 's 2020 Annual Meetings are taking place virtually this year, with the emphasis on #BuildingBackBetter after #Covid -19.
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@AfricanBizMag
African Business Magazine
6 years
“This is not a talk shop. There will be no political speeches. The AIF provides an open platform to organise efforts among multilateral institutions, governments & private sector to improve a pipeline of projects capable of transforming the continent”, @akin_adesina @AfDB_Group
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African Business Magazine
3 years
Africa needs an energy transition that isn’t rushed or carried out on the Western world’s timetable. We need a transition that factors in African goals, concerns, and priorities, says @nj_ayuk . #COP26
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African Business Magazine
2 years
A relative lack of investor interest has meant Uganda’s startups have focused on building watertight business models rather than raising money. "When I look at our ecosystem, what I see is substance: it hasn’t been infiltrated by hype," says @Davisthedoc .
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African Business Magazine
2 years
Episode 2 of Africa Energy TV is out! What does a fair energy transition look like for Africa? What is the role of hydrocarbons in the continent’s future energy mix? Africa Energy TV is powered by @africa_finance
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African Business Magazine
3 years
The African Development Bank @AfDB_Group has a launched a five-and-a-half-year social bond on the Australian market. At A$600m (US$464) it's the largest trade the bank has ever done in Australian dollars.
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African Business Magazine
3 years
"Africa produces 1% of its vaccines. It should not be begging for its vaccines. It should be producing its own vaccines. The bank will commit $3bn to develop the pharmaceutical industry in Africa" @akin_adesina kicks off the 2021 @AfDB_Group Annual Meetings #AfDBAM2021
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African Business Magazine
2 years
Over 400 project developers, policy-makers, financiers and other key stakeholders have already confirmed to attend #AFCLive 2022 to develop definitive solutions to plug Africa's #infrastructure gap. Register now to join them
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African Business Magazine
3 years
The severity of the #COVID19 situation in Tanzania appears to have belatedly dawned on President Magufuli, but even now his recommendations deviate from the best scientific advice. His stance puts millions of Africans at risk, says @davethomas1989
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African Business Magazine
3 years
President of @AfDB_Group , @akin_adesina speaking live from the #AfDBAM2021 , highlighting the challenges in access to #healthcare across the continent.
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African Business Magazine
3 years
It is now incumbent on negotiators from the Global South, especially those from Africa, to proceed from the assumption that their counterparts from the Global North are negotiating in bad faith, says @gyude_moore .
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African Business Magazine
6 years
"Infrastructure in itself is not enough if we don't also invest in grey matter," says @Diop_WB , VP of the infrastructure department at the World Bank.
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African Business Magazine
2 years
“Africa cannot develop when millions of women and young girls continue to suffer violent treatment that is unequal and discriminatory,” says President @Macky_Sall of Senegal in his inaugural speech as chair of the #AU .
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African Business Magazine
2 years
The opening of the Dangote Refinery in mid-2023, and rehabilitation of state-owned refineries may allow Nigeria to end reliance on imported fuel. But missed deadlines and oil theft mean that the process is unlikely to be simple, writes @Olurounbi .
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@AfricanBizMag
African Business Magazine
2 years
The East Africa Crude Oil Pipeline ( #EACOP ) stretching from Uganda to Tanzania is "a terrible development that must be stopped" says #climate campaigner Vanessa Nakate. Read our analysis of the economic pros and environmental cons of the project:
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African Business Magazine
2 years
“Even though the climate forecasts are terrifying, I still believe we can have hope. We have to. There isn’t any other option,” says Ugandan climate activist Vanessa Nakate. Read our review of her latest book.
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@AfricanBizMag
African Business Magazine
4 years
Who were The Top 100 Most Influential Africans in 2019? Our list of the leaders shaping the destiny of the continent, and the unsung heroes dedicating their lives to improving the lot of the ill, the marginalised, the victimised and the vulnerable.
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African Business Magazine
4 years
Ngozi Okonjo-Iweala of #Nigeria and Amina Mohamed of #Kenya make the final 5 candidates for the leadership of the #WTO putting more pressure on #Africa to back a unified candidate to claim the highest position in global trade.
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