Browsing: Central Africa Business News

The investment will tackle the renewable energy storage gap that currently exists across the continent, where nearly 600m people live without access to electricity.

The announcement marks the start of Congo’s twelfth Ebola outbreak since the virus was discovered near the Ebola River in 1976.

The two presidents held an extended session of bilateral talks focused on strengthening relations and cooperation, to achieve security and stability in the continent.

AfDB will also dedicate efforts to creating opportunities for women in the non-financial sectors.

The African Continental Free Trade Area (AfCFTA), which brings together all the African countries with a combined gross domestic product of $3 trillion, had initially been scheduled to be launched on July 1. The implementation was postponed for six months due to the Covid-19 global pandemic that led to lockdowns and restricted movement.

He said the speed of the economic recovery process from the pandemic will depend on collective responsibility and the financial capacity of developing countries to address immediate shocks, stabilize their economies, and invest in growing back.

Nigeria’s transport minister, Rotimi Amaechi, and his counterparts in West and Central Africa are mulling the establishment of a Maritime bank, a statement said at the…

AFRAA’s secretary-general Abdérahmane Berthé said smaller airlines need to consolidate and share basic facilities while established airlines need to co-operate and code-share to avoid operating in the same routes.

Australian company, FGM Fortescue, is prepared to invest in the Grand Inga hydroelectric construction project in DR Congo. The leader of a delegation of the company…

Countries in the East Africa region are discussing the adoption of stringent traceability mechanisms for the gold industry to stamp out rampant smuggling across East and…