Business

Nigeria has been told by a court it can permanently seize a $37.5 million apartment block owned by a former oil minister who is wanted for money laundering.

Saudi Arabian billionaire Prince Alwaleed bin Talal is to invest more than $800m in hotels in Egypt, the investment ministry in Cairo said on Monday.

A Google employee's opinion criticising the firm's diversity initiatives is causing a furore at the firm. In an internal memo, a male software engineer argued...

South Africa's Treasury is considering a 13 billion rand ($972 million) bailout to keep South African Airways (SAA) going as it battles a mounting cash crunch, Finance Minister Malusi Gigaba said on Friday.

Nigeria has signed financing deals with oil majors Shell and Chevron to develop projects that would boost reserves and revenue, the state-run oil firm said on Thursday.

South African Airways (SAA) has run out of money and is teetering on the edge of bankruptcy, according to information given to the country's...

Zimbabwe's central bank chief says the country will print an extra 300 million dollars’ worth of bond notes, despite an earlier promise not to exceed the 200 million figure

South Africa's economy is in a state of "duress" and 2017 growth will fall short of 0.5 percent, President Jacob Zuma said late on...

Egypt's foreign reserves reached $36.036bn in July, a record high, which the prime minister described as "good news" as it shows that the economy...

UK tobacco firm British American Tobacco (BAT) says it is under official investigation by the Serious Fraud Office (SFO) over allegations it paid bribes...