Business

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, the pioneering pan-African communications consultancy, has  announced the significant strengthening of its offering in West Africa as the firm acquires The One...

The African Development Bank (AfDB) and the Islamic Development Bank (IsDB) have signed a landmark agreement to strengthen partnership at country level.Both parties have...

Zimbabwe's state-owned airline has laid off 200 workers, roughly half of its staff, with immediate effect. The job losses are part of a turnaround strategy...

The Board of Directors of the African Development Bank Group (AfDB) has approved a US$ 1 million Emergency Humanitarian Assistance to people affected by...

The United States and Togo will co-host the African Growth and Opportunity Act (AGOA) Forum in Lome, Togo from Aug. 8-10.The Forum will bring...

Namibia's central bank lowered its 2017 growth forecast to 2.1 percent from its previous view of 2.9 percent, citing uncertainty around the pace of...

Algeria's Tassili Airlines (TA) signed a draft deal on Sunday worth $294 million with U.S. planemaker Boeing for three 737-800 aircraft, Algeria's state news...

Business Groups in Ghana are sharply divided over the implementation of a controversial 3 percent Value Added Tax (VAT) Rate.The reintroduction of the rate...

Gambia has ended talks with African Petroleum to extend oil exploration in two of the West African country's most promising offshore blocks and is...