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Latest African business news, latest breaking news from Africa.
EU leaders agree to Brexit deal
The UK’s withdrawal agreement from the European Union has been approved by EU leaders, its chief official Donald Tusk has announced.
The 27 leaders gave...
Nigeria losing battle against extreme poverty
Nigeria is struggling to eradicate poverty among its citizens after becoming the leading country with extreme poverty in the world, according to The World...
AfDB approves $322 million for projects in Burundi and Tanzania
Tanzania and Burundi are to receive some $322 million from the African Development Bank to improve road infrastructure in their respective countries.The projects aim...
Ghanaian Telcos fined $7million for poor services
Four telecommunication firms in Ghana have been fined $7 million for poor services.The fine imposed by Ghana’s National Communication Authority affects MTN AirtelTigo, Glo...
FSD Africa to support Ghana’s Security and Exchange Commission
Ghana's Securities and Exchange Commission (SEC) is to receive support from the Financial Sector Deepening Africa to strengthen its work.A memorandum of understanding to...
Zimbabwe announces pay cut for top public officials
Zimbabwe has announced a pay cut for senior public officials as the country struggles to revive its economy.
The latest move is part of several...
BP to invest $1 billion in South Africa
BP Southern Africa (BPSA) says it will be investing some $1 billion in the southern African country.The investment will cover the next five years,...
China risks eviction from World Trade Organization
The world's second largest economy China risks losing its membership from the World Trade Organizations.It follows comments by President Trump’s economic adviser that there...
Tanzania suspends issuance of license to Forex Bureaus
The Central Bank of Tanzania has suspended the issuance of licenses to Forex Bureau Operators until further notice.It follows closure of some Forex Bureau...
South Africa: Eskom extends load shedding regime
South Africa's power provider Eskom says it is extending its load shedding regime from four stages. That is meant to allow up to 4,000...
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