Business News & Insights from Across Africa

Looking for what’s really happening in African business? You’re in the right spot. We bring you the freshest stories that matter to investors, entrepreneurs, and anyone who follows the market. No fluff—just clear facts you can use today.

Key Stories Shaping the Continent

In Nairobi, a court stopped high‑rise projects in Kileleshwa after residents raised concerns about zoning breaches. The decision caps buildings at 16 floors and sends a signal to developers that community voices matter when planning urban growth.

Nigeria’s financial experts are pushing for a windfall tax on companies that earn extra profit during boom periods. They say the revenue could fund social welfare programs, close poverty gaps, and boost infrastructure. If lawmakers act, we might see a new source of public money aimed at real change.

Kenya’s cabinet secretary Musalia Mudavadi clarified that Jomo Kenyatta International Airport isn’t for sale. Instead, the government plans to expand the airport through public‑private partnerships, adding a modern terminal financed by investors. The move promises better services and more jobs without handing control over to a foreign firm.

Even outside Africa, stories matter to our readers. Ukraine is testing policies that encourage migrants to return home once safety improves. The plan includes protected economic clusters, war‑insurance guarantees, and mixed private‑foreign investment to jump‑start growth in the west and southwest of the country.

What These Trends Mean for You

If you’re watching property markets, Nairobi’s zoning case shows that regulatory risk can change project viability overnight. Keep an eye on local court decisions—they often set precedents that affect future developments.

The Nigerian windfall tax proposal could reshape how profits are taxed during extraordinary events. For investors, it means a potential new levy that might lower after‑tax returns, but also the chance of a more stable economic environment if the funds are used wisely.

Kenya’s airport expansion signals opportunities for contractors, technology providers, and service firms looking to tap into large infrastructure projects. The public‑private model aims for transparency, so companies with strong compliance records could get a leg up.

Ukraine’s strategy highlights how conflict‑driven economies can still attract investment if the right safeguards are in place. For African businesses considering cross‑border ventures, it’s a reminder that risk mitigation tools—like insurance and secure supply chains—are essential.

All these stories share one theme: real‑world decisions are reshaping Africa’s business landscape faster than ever. Stay tuned to our Business page for daily updates, practical analysis, and the kind of insight you need to make smart moves.

Nairobi Court Halts Kileleshwa High-Rises Over Zoning Breaches

Feb 9, 2025, Posted by : Ra'eesa Moosa

A Nairobi court has intervened in the construction of high-rise buildings in Kileleshwa, enforcing a limit of 16 floors due to zoning issues. This comes after residents raised concerns about environmental and security impacts, challenging ongoing urban development practices.

Nairobi Court Halts Kileleshwa High-Rises Over Zoning Breaches MORE

Windfall Tax: A Path to Mitigating Poverty in Nigeria, Say Financial Experts

Aug 1, 2024, Posted by : Ra'eesa Moosa

Financial experts in Nigeria advocate for a windfall tax on companies experiencing extraordinary profits due to unusual events. They argue that revenue from such a tax could significantly alleviate poverty by funding social welfare programs and infrastructure projects, especially during economic booms. Properly managed, this tax could redistribute wealth and stimulate economic growth.

Windfall Tax: A Path to Mitigating Poverty in Nigeria, Say Financial Experts MORE

Air Canada Flight Incident: Crew Member Loses Temper Over Blanket Request, Leading to Flight Cancellation

Jul 31, 2024, Posted by : Ra'eesa Moosa

An Air Canada flight was canceled after a heated altercation between a flight attendant and a passenger who requested a blanket. The incident escalated with the crew member threatening to remove passengers and calling the police. Air Canada has apologized and promised compensation for the inconvenience.

Air Canada Flight Incident: Crew Member Loses Temper Over Blanket Request, Leading to Flight Cancellation MORE

Musalia Mudavadi Affirms Jomo Kenyatta International Airport is Off the Market, Eyes Expansion with Investor Funds

Jul 23, 2024, Posted by : Ra'eesa Moosa

Prime Cabinet Secretary Musalia Mudavadi has affirmed that Jomo Kenyatta International Airport is not for sale, countering reports of it being leased to an Indian firm. Instead, the government plans to enhance the airport through public-private partnerships, constructing a new terminal funded by investors, with transparency overseen by the Kenya Airports Authority.

Musalia Mudavadi Affirms Jomo Kenyatta International Airport is Off the Market, Eyes Expansion with Investor Funds MORE

Boosting Ukraine's Economy: Policies and Strategies for Migrants' Return Amid Ongoing Conflict

Jun 13, 2024, Posted by : Ra'eesa Moosa

With Ukraine facing significant economic challenges due to the ongoing conflict with Russia, the article explores policies aimed at stimulating growth and encouraging the return of migrants. Strategies include creating fortified economic clusters in western and southwestern regions, backed by comprehensive war insurance, reliable supplies, and a mix of private and foreign investments.

Boosting Ukraine's Economy: Policies and Strategies for Migrants' Return Amid Ongoing Conflict MORE

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