Business

Angolan lawyers, who argue that President Jose Eduardo dos Santos' billionaire daughter was illegally appointed as the chief executive of the state oil company,...

African countries were on a drive to boost infrastructure and road networks on the continent in 2016. Ethiopia made huge strides this year with the...

Oil prices hit 18-month highs on Tuesday, the first trading day of 2017, buoyed by hopes that a deal between OPEC and other big...

Ponzi schemes are becoming a big worry for Ghana's financial sector. Ghanaians are on high alert after a Russian-backed Ponzi scheme which was banned...

Tanzanian President John Magufuli sacked the head of the state-run electricity company on Sunday after the firm put up tariffs, a move the president...

Egypt’s largest public lender, the National Bank of Egypt (NBE) is planning to extend the grace period for loans granted to its customers in...

General Cable Corp, a Kentucky-based wire manufacturer, agreed to pay more than $75 million to resolve allegations that it had bribed officials in Angola,...

Russian flights to Egypt will resume soon, Russian President Vladimir Putin told Egyptian President Abdel Fattah al-Sisi in a phone call, Sisi's office said...

Uganda will expand a major road linking its capital Kampala with Rwanda after signing a deal on Thursday for a $151 million loan from...

Zambia's President Edgar Lungu has called in the air force to help contain an invasion of army worms in maize fields, his spokesman has...