African Business

1 week ago | african.business | Harry Clynch

India’s largest-ever joint naval exercises in Africa have taken place this week in the western Indian Ocean, as New Delhi seeks to build stronger ties with the continent. The six-day naval exercises are being co-hosted by Tanzania and include eight other countries which have coastlines on the Indian Ocean, including Kenya, Madagascar, Mauritius, and South Africa. The exercises will focus on counter-piracy operations as India seeks to position itself as the security partner of choice in the region.

1 week ago | african.business | Harry Clynch

The African Private Venture Capital Association (AVCA) says that a significantly improved macro environment in Nigeria is prompting stronger interest from international investors in the country as it approaches its annual conference in Lagos in late April. “When we finished our conference in Johannesburg last year, we announced we were going to Lagos.

2 weeks ago | african.business | Farai Shawn Matiashe

A succession battle is simmering within the ruling party in Zimbabwe, resulting in further uncertainty for businesses in an already fragile economy. President Emmerson Mnangagwa’s allies want to amend the constitution to extend his term by at least two years, while a rival faction is backing Vice President Constantino Chiwenga to take over.

3 weeks ago | african.business | Anver Versi

The second Djibouti Forum comes in what the apocryphal Chinese curse labels “interesting times” – an understatement for the current geopolitical chaos. But the government of Djibouti and its sovereign wealth fund, which is the organiser of the event from 6 to 8 April, should be congratulated for ignoring the outside clamour and sticking to their calendar.

3 weeks ago | african.business | David Thomas

US President Donald Trump has slapped tariffs on African countries as part of his so-called ‘Liberation Day’ reshaping of global trade, which also sees a universal 10% baseline tariff on all imports into the US.