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South Africa’s taxis block roads to main airport in Uber protest

South African taxi drivers on Friday blocked roads to Johannesburg's airport, holding up thousands of travellers in the latest protest against ride-hailing app Uber.

Egypt asked to ensure reforms focus on investment

Egypt needs to implement economic reforms aimed at encouraging more private investment and moving away from subsidies towards targeted transfers for the poor, a senior World Bank official said on Wednesday.

Nigeria determined to overcome recession this year

Nigeria is determined to emerge from its first recession in a quarter of a century this year and needs to put more effort in revamping its infrastructure, its budget minister said on Wednesday.

South Africa’s business confidence falls in February

Business confidence in South Africa declined in February from the prior month, weakened by lower trade volumes and retail sales, a survey showed on Wednesday.

MTN’s South Africa CEO resigns

Africa's biggest mobile phone operator MTN Group said on Tuesday that Mteto Nyati, the chief executive of its South African unit, will be resigning on March and will be replaced by Godfrey Motsa on the same day.

Nigeria to open up government airports to private investment

Nigeria will open up its government-owned airports to private investment, the minister of aviation said on Monday, as the capital's airport prepares to close...

Nigeria shuts Abuja airport, foreign airlines reject Kaduna airport

Nigeria on Monday formally announced the temporary closure of the Nnamdi Azikiwe International Airport in the capital Abuja.

Morocco central bank okays five Islamic financial products

Morocco's central bank has approved the use of five types of Islamic banking transaction, giving a final regulatory nod for the country to launch...

Oil companies in Nigeria to relocate to Niger Delta

Nigerian’s acting president, Yemi Osinbajo has directed the relocation of all International oil companies head offices in the country to the Niger Delta. Osinbajo gave...

Germany offers Egypt $500 million to support economy

Germany has offered Egypt $500 million to support its economic programme and medium-sized and small businesses, the Egyptian ministry of investment and international cooperation...

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