Gen Z set to drive Africa’s retail growth, says BCG consumer survey Young consumers prioritize quality, global brands, and hybrid shopping behavior Gen Z optimism contrasts with broader financial pessimism across older generations Africa’s Gen Z consumers are expected to drive the continent’s retail growth over the next decade, supported by distinct consumption patterns that...

Ruto announces $850M plan for housing, roads, and markets in three counties Funds to build 44,000 homes, upgrade 600 km of roads, complete a dam Plan supports Kenya’s Vision 2030 and Bottom-Up Economic Transformation Agenda Kenyan President William Ruto on Saturday, Nov. 15, 2025, unveiled a 110 billion Kenyan shilling (about $850 million) investment plan for development...

President Hassan appoints new 56-member cabinet after landslide re-election Seven ministers ousted; ex-ambassador Omar named new finance minister Cabinet includes president’s son-in-law, daughter; economy sees strong growth Tanzanian President Samia Suluhu Hassan appointed a new cabinet on Monday, Nov. 17, 2025. The line-up includes 27 ministers and 29 deputy ministers and marks a...

Economists use underemployment to better assess Africa's labor conditions ILO defines two types: too few hours and low-pay, low-productivity work Underemployment reveals job quality issues hidden by low unemployment rates Economists increasingly rely on the concept of underemployment to assess labor conditions in Africa, moving beyond traditional unemployment figures that often paint an...

Astral Foods' net profit rose 16% to $50.9M in FY2025 Revenue up 10.4% on higher chicken volumes, price recovery, and feed sales Firm eyes 2026 investments; avian flu outbreaks flagged as a risk South African poultry producer Astral Foods reported a 16% rise in net profit for the year ended Sept. 30, 2025, driven by higher sales volumes and a rebound in chicken prices. Net profit...

26 % of African CEOs expect to allocate over 20 % of budgets to AI Report highlights investment priorities in cybersecurity and digital resilience African leaders show rising confidence in economies, firms, and hiring plans Around 26 % of African business leaders plan to devote more than 20 % of their investment budgets to artificial intelligence (AI) over the next...

Sonatrach and Sinopec sign EPCC contract for new Arzew refinery unit Project aims to raise annual gasoline output from 550,000 to 1.2 million tons Investment aligns with Sonatrach’s plan to expand refining capacity Sonatrach signed a contract on Monday, November 17 with Sinopec Guangzhou Engineering to build a heavy naphtha hydrotreating unit at its refinery in Arzew, in northwestern...

Plan aims to build a fully digitized health system by 2029 Strategy centers on unified data, secure platforms, and wider digital services Implementation faces challenges in training, cybersecurity, and connectivity Egypt officially unveiled its 2025-2029 National Digital Health Strategy on Saturday, November 15. Presented by Minister of Health and Population Khaled Abdel Ghaffar during the...

Partnership seeks to boost local gaming and gamification solutions Program will build a national platform for start-ups across key sectors Initiative aligns with efforts to expand Morocco’s creative digital economy The Ministry of Youth, Culture and Communication, the Caisse de Dépôt et de Gestion (CDG), and CDG Invest signed a strategic partnership on November 13 in Rabat to launch...

Tax exemption planned under the 2026 finance bill Measure aims to support local meat production and lower input costs Policy aligns with efforts to boost food security and reduce imports The Togo government will exempt feed imports from taxes starting in 2026. The measure, included in the draft finance bill adopted late last week in the Council of Ministers, will take effect after approval...