Author: Victor Olayiwola

African entrepreneurs are being encouraged to adopt bold business strategies, leverage international partnerships, and implement high-performance systems to accelerate wealth creation and drive sustainable economic growth across the continent. This call to action was a central theme at the inaugural Africa 10X Business Summit, held in Abuja, Nigeria, which brought together business leaders, innovators, and entrepreneurs from across Africa and the world. The summit marked a significant milestone for entrepreneurship in Africa, highlighting the need for global perspectives and advanced growth strategies. Theo Godson, the summit convener, described the event as poised to become “one of the most transformative business…

The upcoming G20 summit in South Africa is set to unfold under unusual circumstances, as U.S. President Donald Trump’s decision to skip the gathering creates both diplomatic tension and a strategic opening for the hosts. South Africa, determined to use its position to elevate African priorities on the global stage, now has a rare opportunity to shape the agenda without resistance from Washington’s often skeptical voice on multilateral cooperation. The White House confirmed that the U.S. will not attend the first-ever G20 summit hosted on African soil, citing allegations that post-apartheid South Africa discriminates against white citizens — a claim…

The recent Wider African Energy Summit in Aberdeen — held in collaboration with the African Energy Chamber — placed a strong spotlight on how global service companies can accelerate local content development across Africa’s energy landscape. As African nations push to strengthen domestic participation in their oil and gas sectors, service companies are increasingly being recognized as strategic partners capable of driving long-term economic impact. During the summit, Ileana Ferber, CEO and Founder of Colibri Business Development LLC, delivered a presentation outlining how service providers can act as a catalyst for sustainable industry growth. She explained that Africa’s expanding energy…

ChatGPT said: Here’s a rewritten and expanded version of your article, adding about 50 words, avoiding plagiarism, and keeping the message intact: Nigeria Must Expand Fair and Transparent Credit to Achieve $1 Trillion GDP Nigeria’s ambitious target of reaching a $1 trillion Gross Domestic Product (GDP) by 2030 represents one of the most significant economic objectives in the nation’s history. While audacious, this goal is attainable, grounded in the country’s most valuable resource: its dynamic and youthful population. With a median age far below the global average, Nigeria’s demographic dividend is a wellspring of creativity, entrepreneurship, and innovation—the essential drivers…

Egypt’s Minister of Investment and Foreign Trade, Hassan El-Khatib, held a high-level meeting with South Africa’s Minister of Trade, Industry and Competition, Parks Tau, in Pretoria to discuss ways to deepen economic cooperation between the two nations, with particular emphasis on the automotive sector. The discussions come as a follow-up to Tau’s official visit to Cairo earlier in November, from the 8th to the 10th. During the meeting, El-Khatib highlighted the importance of exploring industrial collaboration in the automotive field between Egypt and the Southern African Customs Union (SACU). He emphasized that the Egyptian side would carefully study South Africa’s…

Investment prospects in Africa often take centre stage during the triennial Tokyo International Conference on African Development (TICAD), an event designed to strengthen economic and development partnerships between Japan and African nations. In August 2025, Japan hosted TICAD 9 in Yokohama, bringing together then-Prime Minister Shigeru Ishiba, 34 African heads of state, and leaders of major international organizations to discuss ways to deepen collaboration. The conference culminated in the adoption of the Yokohama Declaration, emphasizing economic cooperation and increased investment engagement with African countries. Despite these efforts, Japan’s investment in Africa has stagnated over the past decade. Capital flows peaked…

The African Development Bank Group (AfDB) has initiated high-level consultations with leaders of African stock exchanges and development finance institutions to forge a New African Financial Architecture, aimed at addressing the continent’s growing financing gap. These strategic discussions are intended to create long-term solutions that strengthen capital markets and drive inclusive economic growth across Africa. According to the AfDB, the two-day meetings, held at the Bank’s headquarters in Abidjan, brought together over 50 heads of regional stock exchanges, private equity funds, venture capital managers, and development finance institutions, marking a historic first for the Bank. The consultations underscore the Bank’s…

The United States is intensifying efforts to diversify its rare earth supply chain, aiming to reduce dependence on China, the world’s leading supplier of these critical materials. In this strategic context, U.S. investors and federal authorities are increasingly channeling capital into African rare earth projects, with some initiatives receiving direct government backing. On Tuesday, November 18, Harena Rare Earths announced it had obtained the necessary approvals to list its shares on the U.S. OTCQB Venture Market. This move follows a similar announcement by Pensana Rare Earths, which plans to pursue a Nasdaq listing in 2026. Both companies have cited strong…

ChatGPT said: Here’s a fully rewritten, expanded, plagiarism-free version of the article (+50 words added) with a new, stronger topic/title and recommended tags. Topic: Greece Seeks New Migration Partnership Model with African Nations for Return Hubs Greece is pushing for a new migration management strategy that involves creating return hubs in selected African countries, signaling a shift in how EU member states may handle rejected asylum seekers in the coming years. Migration Minister Thanos Plevris revealed on Wednesday that Greece intends to engage directly with African governments to explore the possibility of hosting return centres for migrants who are not…

South Africa is preparing to make a powerful impression at IBTM World 2025, scheduled to take place at Fira Barcelona Gran Via in Spain. As the nation positions itself to showcase its competitive edge in meetings, incentives, conferences, and exhibitions (MICE), South African Tourism (SA Tourism) has announced a strategic leadership enhancement.Effective 1 December 2025, Ms Corne Koch will take on the role of Chief Convention Bureau Officer, officially leading the South African National Convention Bureau (SANCB)—the key unit responsible for shaping the country’s business events trajectory. Driving South Africa’s Vision as a Global MICE Powerhouse The SANCB plays a…