Business

Mozambique plans wealth fund to manage gas revenues

Mozambique plans to set up a sovereign wealth fund to manage revenue from the ex...

From coffee to toothpaste, Nigerians buy small as hards...

Consumer brands behind this "sachetisation of the economy" see it as a creative ...

IMF greenlights $1 bn loan to Tanzania

Tanzania is to immediately receive the equivalent of $151.7 million. It had alre...

KCCA ED engages hawkers and vendors leaders on trade order

The Kampala Capital City Authority (KCCA) Executive Director Dorothy Kisaka has ...

Eskom contractors charged with corruption

Two of the arrested, Mohammed Mooidheen and Vernon Pillay, used to work for Esko...

Ghana president defends IMF aid decision

The decision has stoked fierce debate in Ghana, where Akufo-Addo has come under ...

Suez Canal records highest ever annual revenue of $7 bn

The income is over a fifth higher than the previous fiscal year's $5.8 billion i...

Ghana police fire tear gas to disperse protest over liv...

The West African nation, reeling from a pandemic-spurred economic slump and hamm...

African economies see reasons for optimism despite crises

Africa already showed some resilience during the pandemic as its economic contra...

Zimbabwe's inflation doubles in two months to 191%

Inflation which was at 96.4 percent in April, crept up to nearly 200 percent as ...

Uganda Pursues South African Investors

Uganda National Chamber of Commerce and Industry- UNCCI is to strengthen trade w...

World Bank slashes 2022 global growth forecast to 2.9%

The slump comes after growth recovered to 5.7% in 2021 following the downturn ca...

Shutdown of Libya oil sites spreads to second terminal

The suspension of operations at Brega terminal, which has an export capacity of ...

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