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Latest African business news, latest breaking news from Africa.
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...
Nissan chairman arrested over ‘misconduct’
Carlos Ghosn, the chairman of Japanese car giant Nissan, has been arrested over claims of financial misconduct.
Mr Ghosn, a towering figure in the car...
AfDB approves $40million for Africa Infrastructure Investment Fund
The Board of Directors of the African Development Bank has approved its third equity investment of $40 million in Africa Infrastructure Investment Fund.Dubbed (Africa...
Ugandans concerned about military protection for Chinese businesses
Ugandans have questioned the decision by their President Yoweri Museveni to offer military protection to Chinese businesses in the East African country.Several comments on...
Ghana’s debt stock hits $34.6 billion
Ghana’s debt stock has increased from $28.9 billion (GH¢142 billion) in 2017 to $34.6 billion (GH¢170.8 billion) in 2018.The latest figure, according to Ghana’s...
Morocco unveils Africa’s fastest train
Morocco on Thursday unveiled Africa's fastest train. The train will ensure that traveling time between the commercial and industrial hubs of Casablanca and Tangier...
Nigeria launches world’s first digital commodity platform
Nigeria has rolled out what has been described as the World’s first digital end to end blockchain based commodity and financing platform.The platform which...
Ghana’s inflation drops to 9.5 percent, the lowest in 5-years
Ghana’s Inflation rate has dropped from 9.8 percent in September to 9.5 percent for the month of October according to official data from its...
Ghana rolls out IMF’s dissemination system
Ghana has implemented the recommendations of the IMF’s Enhanced General Data Dissemination System (e-GDDS) by publishing critical data through the National Summary Data Page...
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