Ethiopia has become Africa’s fifth-largest economy after revising its gross domestic product figures to account for sectors including digital finance, services and manufacturing. The country’s economy was valued at $210.7 billion in the fiscal year ended July 2026, Finance Minister Fitsum Assefa announced on November 4. The revision places Ethiopia behind South Africa, Egypt, Nigeria…
Negotiators from the continent say the real contest at the UN climate talks is over money, minerals and who gets to profit from the energy transition. But before African negotiators can argue over climate finance at COP31, they must first fight for the right to discuss it. African negotiators will open COP31 in a dispute…
Building on its support for ART X Lagos’ landmark tenth anniversary, the Bank continues its partnership with the fair, championing African artistic excellence, cultural heritage and emerging creative talent. Zenith Bank Plc has reaffirmed its commitment to advancing Nigeria’s creative and cultural landscape through its continued sponsorship of ART X Lagos 2026, taking place from…
In many African cities, a broken fridge is rarely thrown away immediately. It may be repaired and resold, dismantled for spare parts or collected for its metal components. Old clothes are often altered or transformed into something new. Leftover crop stalks and leaves are turned into animal feed, compost, cooking fuel or biogas. These activities…
Value trumps loyalty and status: purchasing behaviour’s new fuel After the shock of the latest fuel price increases to close to R30 p/l for diesel and almost 27 p/l for petrol, commuters across the nation are feeling the sharp pinch of prices at the pumps. So high has the fuel price risen – from R20…
Addis Abeba — Ghana is projected to overtake Ethiopia as Africa’s eighth-largest economy in 2026, with its gross domestic product (GDP) forecast to reach US$128.64 billion, exceeding Ethiopia’s projected US$127.15 billion by US$1.49 billion, according to the International Monetary Fund’s (IMF) October 2026 World Economic Outlook (WEO), as reported by African Business Insider on 17…
Addis Abeba — Kenya has overtaken Ethiopia as Eastern Africa’s largest economy measured by nominal gross domestic product (GDP) in US dollar terms, according to the International Monetary Fund’s (IMF) October 2026 World Economic Outlook (WEO), a shift largely attributed to exchange-rate movements rather than faster real economic growth. The IMF’s estimates show Ethiopia’s economy…
Three in four enterprises (74%) define significant work around outcomes, but only 15% are ready to deliver it consistently, according to new global research from HR tech leader Vertage. These ‘outcome-ready’ enterprises report higher customer satisfaction (91% vs. 67%), stronger delivery of strategic goals (86% vs. 65%) and faster conversion of opportunities into value (85%…
KALISPELL, Mont. — On a day when the U.S. inflation rate was shown to have climbed 3.7% over the past year, President Donald Trump said at a rally in Montana on Wednesday, “We have very little inflation.” Trump touted a booming economy as he campaigned for Republican candidates on the final leg of a Western…
ICASA seeks to balance innovation, investment, competition and public interest in the rapidly-changing digital economy. (Image source: iStock) The Independent Communications Authority of South Africa (ICASA) is expanding its regulatory approach to accommodate the rapidly-changing digital economy, which includes satellite services, data centres, cloud computing and artificial intelligence (AI). During Conext 2026, Digital Council Africa’s…
