Business

Chancellor to urge G7 partners to follow UK lead in long term energy security

2026-03-29T23:14:11+01:00

The UK’s Chancellor of the Exchequer will urge partners to act now to boost energy supply and lock in long-term energy security, when she meets G7 Finance Ministers, Energy Ministers and Central Bank Governors with the Energy Secretary on today.

Coal could provide African SMEs much-needed fiscal relief amid escalating fuel prices

2026-03-29T23:09:49+01:00

Africa continues to face significant implications from the ongoing Gulf war, with Brent prices fluctuating from $81 per barrel on March 3 to $112 on March 12 and back down to $98 on March 25.

But escalating crude prices bring challenges beyond imports, with African economies which rely heavily on diesel-fired power generation now faced with both unreliable supplies and heightened fuel costs. This challenge is most felt by small to medium-sized enterprises (SME), which now face a punishing rise in power costs at a time when margins are already under pressure. In this environment, coal-fired power generation deserves renewed attention.

With reserves estimated in the hundreds of billions of tons, Africa’s coal market stands to offer the fiscal relief many African SMEs require. As geopolitical tensions continue to mount across the Gulf and prices face even greater fluctuation in the near-term, the question is no longer whether coal-fired power generation is politically fashionable, but how African economies can utilize the resource to stabilize power costs, preserve foreign exchange and support business continuity. Prices at the pump have escalated in recent weeks, leaving diesel-reliant businesses faced with even greater fiscal pressure.

SXSW London unveils 2026 Festival Conference Agenda and headline speakers

2026-03-29T23:07:33+01:00

SXSW London has announced the 2026 Festival Conference Agenda with industry leading sessions, themes and speakers spanning technology, business, health and culture.

NCDMB secures key local content role at African Energy Week (AEW) 2026

2026-03-28T22:58:45+00:00

Parastatal regulatory agency the Nigerian Content Development and Monitoring Board (NCDMB) will participate at this year’s African Energy Week (AEW) 2026 as an official Local Content Partner, reinforcing its leadership in advancing indigenous capacity across Africa’s energy sector.

Xi recalibrates Chinese officials’ understanding of governance achievement

2026-03-27T23:23:57+00:00

A light bulb is not something most people would associate with governance.

Roam announces free 40-minute parking and discounted rates on rapid charging for EV drivers using Hilton Heathrow T5 chargers

2026-03-26T22:24:16+00:00

Ro am has announced that electric vehicle drivers using its rapid charging points at the Hilton Heathrow Terminal 5 car park will now benefit from free parking for the first 40 minutes while charging.

HMT response to embargoed OECD economic outlook interim report

2026-03-25T20:44:12+00:00

HMT (HM Treasury) responded to the OECD economic outlook interim report.

Marriott Bonvoy partners with Ethiopian Airlines, taking member travel benefits to new heights

2026-03-25T20:41:37+00:00

Marriott Bonvoy, Marriott International’s award-winning travel programme and Ethiopian Airlines, Africa’s largest airline and a Star Alliance member, have just announced a partnership that gives travellers more opportunities to earn and redeem points and miles across both hotel stays and flights.

Athena Intelligence launches India push amid rising cross-border corporate risk

2026-03-24T19:17:03+00:00

Athena Intelligence, the Geneva-based corporate investigations and risk advisory firm, is expanding into India as demand accelerates for cross-border intelligence and financial crime expertise.

Circle and Sasai Fintech collaborate to expand access to USDC in Africa

2026-03-24T19:09:59+00:00

Circle Internet Group, Inc., one of the world’s leading internet financial platform companies, today announced a collaboration between one of its affiliates and Sasai Fintech, a business of Cassava Technologies, to accelerate USDC adoption and expand internet-native financial infrastructure across Africa.

Afreximbank and FCI to host Africa Regional Conference on Factoring, Receivables Finance & Credit Insurance in Kampala

2026-03-24T00:17:36+00:00

African Export-Import Bank (Afreximbank) and FCI will jointly host the Africa Regional Conference on Factoring, Receivables Finance & Credit Insurance on 15–16 April 2026 in Kampala, Uganda.

Coca-Cola system in South Africa has an economic impact of R51.2 billion across its value chain, supporting more than 87,000 jobs, new study shows

2026-03-24T00:03:50+00:00

The Coca-Cola system in South Africa has announced the results of a comprehensive socio-economic impact study, conducted by global consulting firm Steward Redqueen.

Government set to crack down on companies exploiting Middle East crisis to unfairly hike prices

2026-03-23T23:59:23+00:00

Working people will be protected from unfair price rises with new plans set out by the government today to detect and crack down on companies if they exploit the crisis in the Middle East.

Savers losing more than £40,000 in just 10 years from ‘hands-off’ ISA portfolios

2026-03-22T23:28:16+00:00

New research analysing the performance of more than 150 ready-made ISA portfolios from 22 popular UK investment platforms reveals startling differences in performance.

UBA Group and BII sign letter of intent to explore trade finance collaboration across Africa

2026-03-22T23:21:39+00:00

United Bank for Africa (UK) Limited and British International Investment (BII) plc, the UK’s development finance institution and impact investor, have announced that they have signed a letter of intent to develop trade finance collaboration opportunities.

TCL Founder and Chair in in-depth dialogue with UNGC

2026-03-21T18:30:44+00:00

TCL Founder and Chair Li Dongsheng recently participated in the United Nations Global Compact (UNGC) "ESG+20 Sustainability Leaders Interview Series."