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Business
Latest African business news, latest breaking news from Africa.
MTN resolves $8 billion row with Nigeria
Telecommunication firm MTN has finally resolved the recent $8.1 billion row between it and the Nigerian Government.Nigeria had earlier accused Africa’ biggest telecom firm,...
Kuwait lifts ban on livestock imports from Kenya
Kenya can now resume export of livestock to Kuwait according to its livestock principal secretary Harry Kimati.Kuwait on November 8 placed a ban on...
58 firms selected for Ghana’s maiden oil bidding round
Fifty eight firms have successfully qualified for the next round of the government of Ghana maiden bidding round for oil blocs.The bidding round committee...
Nigerian workers to embark on strike on January 2
Labour Unions in Nigeria have given the Federal government eleven day ultimatum to address their grievances or face further agitations.They want a draft bill...
Kenya’s Mombasa port risks Chinese takeover
China is likely to takeover Kenya’s port of Mombasa if the East African country defaults on loans from China’s Exim Bank.That’s the warning from...
Access and Diamond banks merge as Africa’s biggest bank
Nigeria’s Access Bank has signed a Memorandum of understanding with its rival Diamond Bank Plc to form Africa’s largest retail Bank.A statement cited by...
Nigeria to spend $28 billion in 2019 on it’s economy
Nigeria is hoping to spend some $28.80 billion next year to drive growth in critical sectors of its economy.This is contained in President Muhammadu...
Africa in need of 20 million jobs annually
The International Monetary Fund IMF is projecting Sub Saharan Africa may have to create 20 million jobs annually in order to enjoy high and inclusive...
Building the next big business from used car tyres in Ghana
Along a busy road in a community called Madina, east of Ghana’s capital Accra, you will find a small metallic container.The container is filled...
Africa risks economic growth decline due to Climate Change
African countries risk losing about 1.5 percent of their Gross Domestic Product (GDP) to the negative impact of climate change.Gross Domestic Product (GDP) is one...
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