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Latest African business news, latest breaking news from Africa.
Oil dips before holiday week; Libyan output boost weighs
Oil edged lower on Friday ahead of the Christmas and New Year holiday week as the market waited to see how OPEC would manage...
Ghana president-elect says aiming for double-digit growth
Ghana's president-elect Nana Akufo-Addo said on Wednesday he would focus on restoring stability, cutting taxes and interest rates and spurring double-digit growth, in his...
Uganda, Egypt Strike Deal On River Nile
Sisi (left) and Museveni (right) held talks in Entebbe, Uganda. Photo Credit: The IndependentPresident Museveni and his Egyptian counterpart Abdel Fattah al-Sisi have agreed...
Nigeria officials confiscate “plastic rice” smuggled into the country
Officials in Nigeria have confiscated 102 bags of "plastic rice" smuggled into the country.The rice smuggled in by some businessmen were meant to be...
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: ReutersA 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...

