Tiger Brands, South Africa’s biggest food company, says that its 400 million rand ($16 million) peanut butter factory, which opened on Friday, will help it cut...
Nigerian banking group, Guaranty Trust Holding Plc, wants to raise up to $750 million in capital and will ask its shareholders for permission to do so...
Ethiopia may need to decide on a big currency devaluation soon to get a rescue loan from the International Monetary Fund (IMF). In December, East Africa’s...
The Nigerian government says a recent increase in the price of electricity for Band A customers to N1.5tn means it could save more this year. The...
Zimplats’ CEO, Alex Mhembere, said on Wednesday that the firm would cut its staff by 1% and make other cost cuts to get through the sharp...
The Nigerian government says that the Central Bank of Nigeria under Yemi Cardoso is working hard to keep the Naira stable in line with President Bola...
Officials from Ivory Coast and the International Monetary Fund (IMF) have agreed to review two loan programs that will allow $574 million to be sent to...
As part of a larger $3.3bn prepayment facility arranged by the African Import Export Bank, Nigeria is set to receive a $1.05bn syndicated loan backed by...
Nigeria’s central bank has made it illegal for banking lenders to accept foreign currency as collateral when giving out naira loans. This is the latest step...
The Consumer Protection Agency (LASCOPA) of Lagos state, Nigeria, has told grocery stores and supermarkets across the state that they needed to put price tags on...
Following the completion of a recent visit to Egypt, the International Monetary Fund (IMF) has announced that its mission had...
A day after dismissing Choguel Maiga for criticising the government, Mali’s governing junta named its spokesperson, Abdoulaye Maiga, as Prime...
Brazilian meatpacker JBS says it has inked a memorandum of understanding with the Nigerian government for a $2.5 billion investment...
Morocco’s official media reports that Chinese President, Xi Jinping, visited Morocco briefly on Thursday. According to Morocco’s MAP, Crown Prince...
A survey conducted by the National Bureau of Statistics (NBS) has revealed that around 65% of Nigerian households, which is...
Ghana and The Gambia are in the process of launching free roaming services that will enhance a West African connectivity....
Leader of one of Zambia’s opposition parties, Advocates for People’s Prosperity (APP), Mwenye Musenge, has criticised the Patriotic Front (PF)...
Ghana and Leicester City winger, Abdul Fatawu, has been ruled out of the rest of the EPL season after suffering...
Police in the Democratic Republic of Congo (DRC) say six people have been arrested over a break-in and vandalism at...
Simon Ekpa, a Nigerian separatist leader based abroad, has been placed under detention by the Päijät Häme District Court...