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Latest African business news, latest breaking news from Africa.
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,...
Ghana’s inflation rate drops
Ghana’s Inflation for December, 2016 has dropped to 15.4 percent up from a figure of 15.5 percent achieved in November of the same year....
Nigerian oil workers suspend strike threat
The National Union of Petroleum and Natural Gas Workers (NUPENG) has suspended its three-day warning strike that commenced yesterday, after a deal was reached...
Nigerian oil workers’ union announces nationwide strike
A Nigerian oil labour union has begun a nationwide strike hitting petrol stations and oil tankers, while oil industry workers have shut down seven...
Nigeria Reclaims Africa’s Top Oil Producer Spot
Nigeria may have reclaimed its position as Africa's top oil producer which it lost to fellow African oil producer, Angola earlier in March 2016.
According...
Africa Feeds Media officially launches
A new pan-African media group, Africa Feeds Media has been launched officially in Accra, Ghana. The media group also owns the news portal www.africafeeds.com.The...
Local use of Visa cards in Zimbabwe suspended
Zimbabwe's biggest banking group CBZ Holdings has suspended the use of Visa cards for local transactions due to high costs and cash shortages, its...
Ghana’s new president to name investment banker as finance minister
Ghana President Nana Akufo-Addo is likely to name investment banker Ken Ofori-Atta as finance minister, three sources close to the presidency told Reuters on...
Angola trims oil production after OPEC agreement
Angolan state oil company Sonangol has cut output by 78,000 barrels per day to (bpd) to 1.673 million bpd as part of an OPEC...

