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Latest African business news, latest breaking news from Africa.
Ghana to receive more World Bank support
The World Bank Group has pledged more commitment towards social projects in Ghana to alleviate poverty there.The bank's Vice President for Africa Dr Hafez...
Africa is home to majority of the world’s entrepreneurs
A new report by the World Bank says 76 percent of Africans see entrepreneurship as a good career choice.The report dubbed "Profiting from Parity:...
Africa gets new alliance to tackle plastic waste
A major alliance has been formed by a number of multinational businesses to help tackle the plastic waste menace on the continent.Led by Diageo...
Egypt tops investment destinations in Africa
Egypt has maintained the top spot in Africa in the latest RMB "Where to Invest in Africa" Report .Findings from the eighth edition shows...
Egypt’s credit rating upgraded to B+
Credit Rating Agency Fitch has upgraded Egypt’s credit rating from B to B+. It says the country is making progress in its economic reform...
Why Google apologized to Ghana over it’s currency
Ghana's currency the cedi has suffered significant depreciation this year sparking debates among Ghanaians.
The cedi in February suffered a record fall against the U.S...
Suzuki to establish production plant in Ghana
Japanese car maker, Suzuki Motors Corporation has announced plans to establish an assembling plant in Ghana.The plant will enable it to start production of...
Rwanda to use bamboo for packaging and food
Rwanda is rolling out a major campaign to explore the use of bamboo for industrial packaging and hygienic paper products.The country's environment ministry and...
Eskom intensifies black out to save plant
South Africa's Power Provider Eskom on Monday started an exercise to intensify power cuts following shortage of provision capacity.Eskom has been badly affected by...
Sudan secures $300 mln Arab loan amid political crisis
Sudan on Saturday announced that it has secured loans worth $300 million from regional Arab funds as the government struggles to deal with an...
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