Business

The IMF has warned that Zimbabwe's economic situation remains very difficult. The fund's mission chief for Zimbabwe Gene Leon told Reuters news agency that immediate action was crucial to reduce the deficit, accelerate structural reforms and re-engage with the international community.

Uber concealed a hack that affected 57 million customers and drivers, the company has confirmed.

The US Department of Justice has filed a lawsuit to block telecoms giant AT&T's acquisition of Time Warner, the owner of CNN and HBO.

Industrial gold production in Mali, Africa’s third biggest producer, is on track to exceed earlier forecasts for this year, a government official said on Friday.

Angolan President Joao Lourenco dismissed Isabel dos Santos as chair of the state oil company Sonangol on Wednesday, in a dramatic move against the family of the former president.

Ghana’s Finance minister, Ken Ofori-Atta has told the country’s parliament that the government would be focusing on job creation in 2018 during his budget statement presentation.

Two of Ghana’s leading telecommunication companies, Airtel Ghana and Tigo have announced a new brand name AirtelTigo after completing a merger process.

Officials in Ghana have announced that the country will begin supplying its neighbor Burkina Faso with 100 Megawatts of electricity.

The Harare International Airport in Zimbabwe renamed after the country’s long serving leader, Robert Mugabe is to be upgraded with a $153 million loan from China Export and Import Bank.

The AfDB Group's Board of Directors has approved a total AfDB loan of €98.06 million to finance a program of the regional airline, Air Côte d’Ivoire (ACI) to modernize and expand its operations. The loan consists of a €51.16 million sovereign loan, a €42.64 million private sector loan, and an African Development Fund (ADF) loan of €4.26 million.