Business

China has complained to Zambia after 31 of its nationals were arrested at the weekend for alleged illegal mining practices. A senior Chinese foreign ministry...

South Africa’s unemployment rose to its highest in 14 years in the first quarter of the year as agriculture and informal sectors shed jobs...

Barclays Africa Group Limited has announced that following the completion of South Africa's largest bookbuild in South African Rands, Barclays PLC has sold 33.7% of Barclays Africa's issued share capital at a price of R132 per share.This results in accounting deconsolidation of Barclays Africa from Barclays PLC.Barclays PLC sold 285,691,979 Barclays Africa ordinary shares at a price of R132 per share, which results in Barclays PLC reducing its shareholding to 23.4%, with a further 7% to be taken up by the Public Investment Corporation at a later date, following receipt of the necessary regulatory approvals.

Thirteen African countries have signed series of partnership agreements with India to enhance the supply of agricultural machinery, credit advancement to farmers and scientific cooperation.Farm machinery suppliers from the Indian state of Gujarat signed agreements with Ghana, Zambia, Mozambique and Togo for the supply of farm machinery, training on the use of the machinery in mechanized agriculture and cooperation in the use of the machinery in mining.

Kenya's president has opened the country's largest infrastructure project since independence.The $3bn Chinese-backed railway project eventually will link a large part of East Africa...

Botswana's state-owned power utility has invited bids to build a 100 megawatt (MW) solar power plant to boost energy security in the diamond-rich southern...

South Africa is expecting to harvest its biggest maize crop in four decades, a year after drought devastated output of the country's staple food.Farmers are set to produce over 15 million tonnes which means the country will have a 50% surplus for the year, according to government figures

The planned expansion of the port of Tema in Ghana is expected to cost approximately one billion euros. By its completion at the end...

For Sylvie Nantcha it is vital that she sends money to her mother in Cameroon every month. "In our country there is no social welfare and...

A blast on Monday at South Africa's Natref oil refinery injured 11 people and forced the shutdown of operations close to the 108,000 barrel...