Tag: Business News
Business Africa
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,...
Business Africa
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...
Business Africa
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...
Business Africa
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...
Business Africa
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...
Business Africa
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...
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In the narrative of Africa’s development, literacy remains a...