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Latest African business news, latest breaking news from Africa.
Nigeria’s efforts to secure international loans hit deadlock
Nigeria's efforts to secure funds from international lenders to help haul it out of recession have stalled because it has not submitted the required...
Kenya, Rwanda block chicken imports from Uganda after bird flu outbreak
Kenya and Rwanda have banned importation of live birds and poultry products from Uganda after a confirmed outbreak of Bird Flu on Sunday evening.Kenya's...
Djibouti breaks ground on massive Chinese-backed free trade zone
Djibouti"s President Ismail Omar Guelleh. Photo Credit: Reuters The president of Djibouti on Monday formally launched the construction of a project touted as Africa's largest...
WhatsApp open to snooping as security flaws remain unresolved
A security researcher has discovered a vulnerability in the messaging platform that allows third parties to intercept messages. Although notified in April, Facebook has...
France to support Africa with 20 Million Euros by 2018
France has pledged to extend financial support worth 20 million Euros to Africa by 2018. French President Francois Hollande made the pledge at the...
South Sudan president sacks central bank governor
President Salva Kiir has sacked the central bank governor a week after a Swiss firm offered to bail out the nascent state's empty coffers....
World’s jobless to rise amid slower growth, uncertainty – ILO
Jobless people demonstrate. Due to the failure to create jobs, global unemployment is forecast to increase by 3.4 million people in 2017, bringing the...
Egypt raises prices on some medicines after currency plunge
Egypt will raise prices for a number of medicines after months of negotiations with pharmaceutical companies hurt by dollar shortages and a weakening currency,...
IMF to meet Ghana’s new government over aid deal signed by previous president
Officials of the International Monetary Fund (IMF) will be visiting Ghana to discuss with the new government its plans for the bailout deal signed...
Shell oil workers in Gabon begin strike
Royal Dutch Shell workers in Gabon began an "unlimited" strike on Thursday at all the company's operations in the Central African OPEC member country,...
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