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Business
Latest African business news, latest breaking news from Africa.
Ghana and London stock markets deepen partnership
The Ghana Stock Exchange is to partner the London Exchange to help develop some of the capital markets infrastructure that can sustain and deepen...
Little Cab to launch in Ghana and Tanzania
Kenya’s Ride Company, Little Cab has revealed plans of extending its operations to Ghana and neighboring Tanzania.The firm which has been in existence for...
Ghana’s Cedi suffers a record fall in value
Ghana’s currency the Cedi has suffered a record fall against the U.S dollar and other major foreign currencies.Bloomberg reports that the slump has significantly...
Rwanda denies banning imports from Uganda
Rwanda has described allegations of banning imports of goods from neighboring Uganda as baseless.There have been media reports that Rwanda placed a ban on...
Eskom gets $1.6 bn government bailout
South Africa's cash trapped power provider Eskom will receive a $1.6 billion bailout in the coming days from the government.The country’s finance minister made...
Ghana rejects addition to EU ‘dirty money’ list
Ghana is challenging its addition to a list of 23 countries with weak framework for tackling anti-money laundering and the Financing of Terrorism.It's finance...
Rwanda to get first smartphone factory
Rwanda could soon make history in Africa by officially opening a new smartphone factory in April.The country’s minister of information and communication technology Paul...
Kenya’s public debt hits $51.7 billon
Kenya’s public debt has reached $51.7 billion according to the country's 2019 medium term debt management strategy.The document was tabled in parliament last week.The...
Egypt to build first cashless city
Egypt is on the brink of establishing the first cashless city as its new administrative capital in the coming years.The North African country has...
Somalia denies auctioning oil blocks belonging to Kenya
Somalia has rejected claims by Kenya that oil blocks in a disputed section of the Indian Ocean have been auctioned.The dispute over the maritime...
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