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Latest African business news, latest breaking news from Africa.
EnergyWeek Morocco to address investment opportunities in Africa
Investing in both gas and renewable energy is at the centre of the Kingdom of Morocco’s strategy. With billions earmarked for the region, it...
IMF revises Ghana’s GDP projection downwards
Ghana’s Gross Domestic Product (GDP ) projection for this year has been revised downwards from 6.8 percent to 6.3 percent.This is contained in the...
Mine collapse kills over 30 people in DR Congo
Officials in the Democratic Republic of Congo say a mine accident has killed at least 30 people in the eastern part of the country.
AFP...
Zimbabwe: Protesters arrested for agitating over economic crisis
Police in Zimbabwe on Thursday arrested officials of the country’s trade union for trying to mobilize and street protest.The protest was intended to raise...
Zimbabwe: Fast-food chains shut over lack of ‘cash’ to restock
Leading fast-food chains in Zimbabwe are suspending their operations in parts of Zimbabwe due to lack of enough cash.
These food chains are unable to...
Ghanaian convicted of UK’s biggest fraud released
The 38-year-old Ghanaian convicted of the UK’s biggest fraud, was on Tuesday released from detention. Kweku Adoboli has been in detention at Heathrow in the...
South Africa: Ramaphosa picks new finance minister
South African President Cyril Ramaphosa on Tuesday announced a new finance minister after accepting the resignation of Nhlanhla Nene.Nene reportedly asked President Ramaphosa to...
Nigeria: Licenses of 182 financial institutions revoked
Nigeria’s Central Bank has revoked the licenses of 182 financial institutions believed to be struggling financially.The financial institutions include 154 micro-finance banks, 6 mortgage...
Ghana stock exchange is most innovative in Africa
The Ghana Stock Exchange has emerged the Most Innovative African Stock Exchange for 2018 at the Africa investor Research (AI) Capital Market Index Series...
Economists win Nobel for work on climate and economy
Two economists, William Nordhaus and Paul Romer have won this year's Nobel prize for economics for their work on sustainable growth.The US economists' research...
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