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Business

Coca Cola buys African bottling from AB InBev for $3.15 billion

Anheuser-Busch InBev (ABI.BR) has agreed to sell its majority stake in Africa's largest Coke bottler to the Coca Cola Company (COKE.O) for $3.15 billion,...

Christine Lagarde: IMF chief convicted over payout

Managing Director of the International Monetary Fund (IMF) Christine Lagarde. Photo Credit: Reuters A French court has found International Monetary Fund chief Christine Lagarde guilty of...

Incoming Ghana government gives cocoa sector chance of fresh start

Ghana's incoming government could give the country's $2 billion cocoa industry a boost if it installs a more transparent executive at industry regulator Cocobod...

Meet skrife, the online solution for those who hate to write, but constantly need to

After months of being in private beta, Skrife , an online platform that creates quality written content, is officially launching to the public. Now...

Nigeria: FIRS shuts more tax-defaulting firms

Nigeria Federal Inland Service (FIRS) has continued its crackdown on tax-defaulting companies by sealing off more premises in Lagos and Abuja. In Lagos, a team...

Ghana to get additional oil and gas project funding from World Bank group

The World Bank Group says two of its units would provide another $517 million to Ghana in debt and guarantees to support the country’s...

EU offers 610 million euros to Niger to curb migration

The European Union offered 610 million euros ($635 million) to Niger on Thursday for keeping a lid on migration from Africa through the Mediterranean...

Buhari says Nigeria faces worst economic situation in its history

Nigeria's President Muhammadu Buhari said on Wednesday the country was facing the worst economic situation in its history, in a speech to lawmakers to...

Nigerian parliament opens inquiry into long-disputed Shell, Eni oil field

Nigerian President Buhari.   Nigeria's lower house opened an investigation on Tuesday into an offshore oil field owned by Royal Dutch Shell and Eni, the latest...

Trump picks Exxon chief Tillerson as secretary of state

ExxonMobil Chairman and CEO Rex Tillerson. Photo Credit: Reuters   President-elect Donald Trump announced Exxon Mobil Corp's Rex Tillerson as his choice for secretary of state...

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