Browsing: Business & Economy

RATING agency Fitch recently warned that the rapid spread of the mpox virus in sub-Saharan Africa could add to the…

PRESIDENT Alassane Ouattara of Cote d’Ivoire led the celebration of the African Development Bank’s (AfDB) 60th anniversary on Tuesday, highlighting…

YOUNG African entrepreneurs are urging the African Development Bank (AfDB) to increase its support for female entrepreneurs, youth innovators, and…

KENYA’S finance ministry is seeking public input on new legislation to boost revenue after a controversial finance law was scrapped…

IN a significant stride toward expanding financial access across West Africa, about 90 banks and financial institutions have adopted a…

GHANA has officially invited holders of nearly $13bn in international bonds to participate in a debt swap as part of…

CHINESE  President Xi Jinping has pledged nearly $51 billion in financial support for Africa over the next three years, as…

INDONESIA aimed to bolster its trade ties with African nations this week at a summit in Bali, though many top…

NIGERIANS are grappling with severe fuel shortages and sharp price hikes as the Nigerian National Petroleum Corporation (NNPC) raises petrol…

CHINA, Tanzania, and Zambia have signed a pivotal agreement to rehabilitate the Tanzania-Zambia Railway Authority (TAZARA) line, a decades-old railway…

DJIBOUTI, located at the mouth of the Red Sea and the gateway to the Suez Canal, is undergoing a major…

THE ninth Forum on China-Africa Cooperation in Beijing takes place under the theme of ‘Joining hands to advance modernisation and…

GHANA is set to increase the state-guaranteed price for cocoa farmers by nearly 45 percent for the upcoming 2024/25 crop…

THIS week, African leaders are gathering in Beijing, China, to secure funding for critical infrastructure projects as they navigate the…

THE US government has announced plans to expand the Lobito Corridor, a critical railway project that currently connects Angola to…

GHANA is set to invite investors holding its Eurobonds to exchange their current bonds for reissued ones in the coming…

CHINESE lenders approved $4.61bn in loans to African nations in 2023, marking the first annual increase in Chinese financing to…

FOR more than a year maize prices in Kenya and Malawi have been much higher compared with other countries in…

THE Secretary General of the African Continental Free Trade Area (AfCFTA), Wamkele Mene, has expressed disappointment over South Africa’s reluctance…

SOUTH Africa is currently investigating alleged corruption amounting to over $7bn at several major state-owned enterprises, according to a report…