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Latest African business news, latest breaking news from Africa.
Kenya and Tanzania sign trade deal
Kenya has lifted restrictions on wheat flour and cooking gas imports from Tanzania, which has in turn allowed milk and cigarettes from Kenya.The countries’...
Ghana sells $89 mln of 3-year cedi bond
Ghana accepted 393.6 million cedis ($88.9 mln) worth of bids for an oversubscribed three-year domestic bond sold on Friday at a yield of 18.5...
Congo’s mining revenue ‘missing’
More than 20% of the Democratic Republic of Congo's mining revenue is being lost due to corruption and mismanagement, a campaign group says.
According to...
Tanzania’s Magufuli threatens to shut mines
Tanzania's President John Magufuli has threatened to close down all gold mines in the country if mining companies delay talks with his government aimed...
South Africa to suspend issuing mining rights
 South Africa intends to suspend the granting of applications for prospecting and mining rights as well as any renewals pending a court case to...
Ghana not to extend three-year IMF aid program
Ghana will not extend its three-year aid programme with the International Monetary Fund beyond April 2018, President Nana Akufo-Addo said on Tuesday, despite continuing...
Kenya Airways to renegotiate KLM deals
Kenya's Treasury and Dutch carrier KLM are set to renegotiate key agreements in light of the ongoing restructuring of Kenya Airways, which will see...
Netflix shares jump as subscriptions top 100 million
Netflix on Monday reported that its number of subscribers climbed more than expected, topping 100 million worldwide and sending shares in the leading on-demand...
South Africa’s power utility refutes cash-crunch reports
South African power producer Eskom is not facing liquidity challenges, the utility said on Sunday, after media reports alleging it would be unable to...
Djembe Communications Acquires ‘The One Event’ in Ghana
Djembe Communications, the pioneering pan-African communications consultancy, has announced the significant strengthening of its offering in West Africa as the firm acquires The One...
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