Business

Djibouti has today opened the Port of Ghoubet as a key terminal for the export of salt from the world-famous Lake Assal. The US$64...

Kenya's president signed a law on Wednesday that raises the tax rate on gambling but sets it at a lower rate than had originally...

Kenyan businessmen will have opportunity to explore investment and trade opportunities in west Africa following a trade expo to be held in Ghana in...

Embattled Etisalat Nigeria, a telecom giant, may get respite as key institutions are reported to be finding a solution to its financial predicament. The company...

Britain's exit from the EU has brought into question the benefits of intra-regional trade, with some commentators suggesting that it could sound a warning...

Travis Kalanick stepped down Tuesday as chief executive of Uber, the ride-hailing service that he helped found in 2009 and that he built into...

Two years ago, world leaders convened in Addis Ababa for a remarkable first—the global community met to agree on ways to finance the ambitious Sustainable Development Goals (SDGs), with the objective of virtually eliminating extreme poverty. The development needs of today, and through the year 2030, are enormous. With that recognition, we are no longer talking about the billions of dollars needed to support our renewed development goals—we are talking about the trillions.

Barclays PLC and four former executives have been charged with conspiracy to commit fraud and the provision of unlawful financial assistance. The Serious Fraud Office charges come at the end of a five-year investigation and relate to the bank's fundraising at the height of 2008's financial crisis. Former chief executive John Varley is one of the four ex-staff who will face Westminster magistrates on 3 July.

Airbus has unveiled plans to upgrade the world's biggest passenger jet, promising greater fuel efficiency and room for more seats. The A380Plus, which was announced...

RwandAir will begin non-stop flights to the Belgium capital from next month, the airline has said. The Rwandan flag carrier said it will fly its...