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Business
Latest African business news, latest breaking news from Africa.
Nigeria: EU to spend €150m on power
The European Union (EU) has announced it will spend €150 million (N50 billion) on the development of power sector in Nigeria, as accessing long...
Nigeria government receives 700,0000 applications for 500 jobs
The government in Nigeria has said that it’s national tax authorities have been reviewing some 700,0000 applications for just 500 jobs.
The West African nation...
Egypt will allow its currency to float freely
Egypt will float its currency in a move that is expected to see it fall by almost 50% against the dollar.
The price is expected...
IMF approves $25.2 million disbursement for Guinea
The International Monetary Fund (IMF) has approved a $25.2 million disbursement for Guinea to help the west African nation recover from the worst Ebola...
Alibaba sets its sights on Singles Day
Alibaba, China's biggest online retailer, said a US investigation would not affect next week's Singles Day - its biggest shopping day of the year.
The...
Burundi’s capital Bujumbura introducing parking fees
Cyclists and motorists in Burundi's capital Bujumbura are being forced to pay parking fees for the first time.
This is the latest move by the...
IMF chief optimistic about Egypt’s economic recovery
Egypt has reached a staff-level agreement for a $12bn loan programme from the International Monetary Fund over a three-year periodhttps://www.youtube.com/watch?v=Lt3zWjfOWi4
Egypt tourism in a state of flux one year after Russian plane bombing
It's been a year since a Russian passenger plane was downed by jihadists across Egypt's Sinai peninsula, but tourism in the country is not...
IMF urges African states to cut deficits as growth grinds lower
The International Monetary Fund (IMF) said African exporters of oil, and commodities should remove subsidies and boost taxes to weather the slowest growth in...
Niger Delta leaders want army out, oil firms headquaters’ relocated to the region
Leaders from Nigeria’s Niger Delta region have asked President Muhammadu Buhari to pull the army out from the area and order oil firms to...
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