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Business Africa

Ghana Poised for Sustained Growth as Confidence Returns, Minister Says

Ghana’s economy is showing signs of a sustained recovery as investor and consumer confidence improves, the Finance Minister, Ken Ofori-Atta, said in a recent...

Uganda’s $4 Billion Refinery Project Gains Traction with UAE-Backed Contracts

Uganda’s ambitious $4 billion oil refinery project has gained momentum with the signing of new contracts backed by investors from the United Arab Emirates,...

Nigeria Abandons Planned Fuel Import Tariff Amid Industry Pushbacks

Nigeria has dropped its plan to impose a 10 percent tariff on imported petrol and diesel, following strong opposition from domestic stakeholders and industry...

South African Markets Rally as Investors Warm to Post-Budget Outlook

South African financial markets gained on Thursday as investors responded positively to the government’s Medium Term Budget Policy Statement, which outlined firmer fiscal targets...

Tanzania Names New Prime Minister After Disputed Election

Tanzania has appointed Mwigulu Lameck Nchemba as the country’s new Prime Minister, following President Samia Suluhu Hassan’s contested re-election in late October. The appointment...

Congo Produces First 1,000 Tons of Traceable Artisanal Cobalt

The Democratic Republic of Congo has produced its first 1,000 tons of fully traceable artisanal cobalt, marking a major step toward formalizing the country’s...

South Africa’s Cell C Sets Offer Price Ahead of Johannesburg Listing

South African telecom operator Cell C has announced its offer price ahead of its upcoming listing on the Johannesburg Stock Exchange, signaling a major...

Haim Taib Honored with Angola’s Presidential Medal for Peace and Development After Three Decades of Partnership

Israeli entrepreneur and philanthropist Haim Taib has been awarded Angola’s Presidential Medal for Peace and Development, one of the country’s highest honors, in recognition...
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