Business News

Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, have announced the inauguration of the expanded Cabeolica Wind Farm and Battery Energy Storage System (BESS) in Cabo Verde- an achievement made possible through AFC’s catalytic €55million bridge financing provided in 2024.

Taxpayers lost £10.9 billion to fraud and error as the previous government’s pandemic response left the front door open to fraud, an independent report just reveals.

A new programme is being launched this week to give business start-ups in Wolverhampton free access to support to help them thrive and grow.

New research from national law firm Shakespeare Martineau has found that this year’s Autumn Budget has sparked pension anxiety across the UK – with concern particularly pronounced in the West Midlands, where adults are more worried than the national average about declining tax efficiency and future savings growth.

A regional initiative that has overhauled aquatic resource management and boosted cross-border fish trade is now improving the lives of nearly three million people across Southern Africa —raising fish production, consumption, and incomes.

Binance have just announced the launch of Binance Junior, a new parent-controlled app and sub-account for kids and teens, ages 6-17, that offers parents a family-centric platform to build crypto wealth and savings, helping prepare their children for a digital financial future.

Merissa Alexander, a 35-year-old single mother of three, luxury real estate professional, and one of Chicago’s rising industry powerhouses, is raising the bar once again.

Galway based MedTech company SymPhysis Medical has appointed Barry McBride as non-executive chair of its board, succeeding outgoing chairperson Suzanne Ryan.

FG Gold Limited (“FG Gold”) is pleased to announce that it has achieved financial close and the first drawdown on its US$330 million Senior Debt Financing with Africa Finance Corporation (AFC) and the African Export-Import Bank (Afreximbank), for its Baomahun Gold Project, marking the development of Sierra Leone’s flagship large-scale commercial gold mine.

Following a joint review, the government of the Democratic Republic of Congo (DRC) and the African Development Bank Group (AfDB) have approved a plan to improve the performance of the institution's project portfolio in the Central African country.

Policybazaar, one of India's largest online insurance platforms, announced a significant expansion of its global investment portfolio for Non-Resident Indians by enabling direct US dollar–based investments through GIFT City.

In response to the recent Budget, Richard Walker, CEO of Iceland said: “This is a much needed shot in the arm for the high street. I’ve long argued for business rate reform, and at last we are seeing it.

The GMB Union has responded to the National Minimum Wage and National Living Wage, announced by the Chancellor of the Exchequer.

In a video message posted today, the Chancellor of the Exchequer, Rachel Reeves said: “I know that the cost of living is still the number one issue for working people and that the economy isn't working well enough for those on the lowest incomes. 

The Board of Directors of the African Development Fund has approved a grant of $14.64 million to support Project 2 of the Programme to Strengthen Resilience to Food and Nutrition Insecurity in the Sahel (P2-P2RS) in Abidjan on 21 November 2025.

The Chancellor will deliver a Budget later today [26 November] that takes the fair and necessary choices to deliver on the Government’s mandate for change.