African Business News

Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.

Nigeria Needs Sustainable, Secure Energy To Reshape Future — Seplat Energy • Channels Television

Nigeria’s Sustainable Energy: Powering Economic Growth & Resilience

By Ifunanya / August 7, 2025

Nigeria’s push toward a sustainable energy future demands a comprehensive overhaul of its systems, balancing economic growth with climate action, […]

Continue Reading
Mexican Authorities Accuse Adidas Of Cultural Appropriation • Channels Television

Adidas Faces Cultural Appropriation Claims Over Oaxacan Huarache Sandals

By Ifunanya / August 7, 2025

Adidas has drawn sharp criticism from officials in Mexico’s southern Oaxaca state over the launch of a sandal design they […]

Continue Reading
Apple To Invest Additional $100bn In US • Channels Television

Apple Boosts US Manufacturing with $100B Investment, Total Now $600B Over 4 Years

By Ifunanya / August 7, 2025

Apple has committed an additional $100 billion to expand its U.S. operations, bringing its total planned American investment to $600 […]

Continue Reading
India Exporters Say 50% Trump Levy 'Severe Setback' • Channels Television

US Tariffs on India Over Russian Oil Risk Export Viability

By Ifunanya / August 7, 2025

Indian exporters sounded alarms over heightened U.S. tariffs set to destabilize their businesses, following former U.S. President Donald Trump’s decision […]

Continue Reading
US To Impose 15% Tariff On South Korean Goods • Channels Television

US Tariff Hikes Reshape Global Trade, Stir Economic Concerns

By Ifunanya / August 7, 2025

The United States implemented sweeping new tariffs on goods from multiple economies this week, escalating President Donald Trump’s aggressive trade […]

Continue Reading
Toyota Cuts Profit Forecast Due To US Tariffs • Channels Television

Toyota Cuts Annual Profit Forecast as US Tariffs Hit Earnings

By Ifunanya / August 7, 2025

Toyota lowered its annual net profit forecast to 2.66 trillion yen ($18.06 billion) on Thursday, attributing the downward revision to […]

Continue Reading
Man electrocuted by live wire in Maiduguri

Nigerian Power Crisis: Ikeja Electric Denies Receivership

By Ifunanya / August 7, 2025

Conflicting reports over the potential takeover of three major Nigerian power companies have sparked concerns about the stability of the […]

Continue Reading
Naira records first depreciation against dollar at official foreign exchange

Naira Hits New Low vs Dollar Despite Rising Reserves

By Ifunanya / August 7, 2025

Nigeria’s currency, the naira, extended its decline against the U.S. dollar for the second consecutive day this week, falling to […]

Continue Reading
Trump Hikes India Levy Over Russian Oil As Tariff Deadline Approaches • Channels Television

Trump Hikes Tariffs on India to 50% Over Russian Oil Purchases

By Ifunanya / August 6, 2025

US President Donald Trump announced stricter trade measures targeting India on Wednesday, imposing a 25% tariff increase on select Indian […]

Continue Reading
Brazil Seeks WTO Relief Against Trump's Tariffs • Channels Television

Brazil Challenges US Tariffs at WTO Over Trump Trade Dispute

By Ifunanya / August 6, 2025

Brazil has formally requested intervention from the World Trade Organization (WTO) to challenge steep new tariffs imposed by the United […]

Continue Reading
Scroll to Top