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Latest African business news, latest breaking news from Africa.
Ghana to miss 2016 targets on growth and deficit reduction
Ghana will miss its 2016 targets on growth, fiscal deficit reduction and its primary balance, but it intends to restore fiscal discipline and eliminate...
Uber boss quits Trump advisory board
Travis Kalanick, the chief executive of ride-sharing service Uber, has stepped down from President Donald Trump's economic advisory group after strong criticism from staff...
South Africa’s private sector expands at slower pace in January
Activity in South Africa's private sector remained in growth territory in January but dipped from December as demand for exports sank, a survey showed...
Ghana imposes ban on fishing for the next two months
Ghana on Wednesday imposed a ban on fishing for two months. The directive from the Ministry of Fisheries and Aquaculture Development (MOFAD) and the Fisheries...
SKYSAT Technologies expands operations in Ghana.
Skysat Technologies, a leading dealer in innovative digital printing machines in parts of Africa is deepening its presence in Ghana.It has opened new branches...
Liberia tests second unit of its Hydropower generating Plant
Mt coffee hydropower dam, Liberia's biggest post-war infrastructure project, comes back on after 25 years. Liberia on Wednesday started testing the second turbine of its...
Frozen €33 million EU financial support for The Gambia now released
The Gambian government is to receive financial support from the European Union (EU) after the said fund meant for the 2015/2016 financial year was...
Zimbabwe in fresh bid to seize mining lands of Zimplats
Zimbabwe's government has made a fresh attempt to seize more than half of platinum producer Zimplats' mining land, the company said on Tuesday.It said...
Fitch downgrades Nigeria’s long-term rating
Ratings agency Fitch has downgraded the outlook on Nigeria’s long-term debt to B+ following concerns on the west African nation’s economic outlook.Nigeria is experiencing...
Nigeria’s outlook downgraded by Fitch due to dollar shortages
Rating agency Fitch has revised the outlook on Nigeria to negative from stable over concerns that a lack of foreign exchange will hamper the...
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