Traders at the Mombasa auction are side-lining expensive Kenyan tea because of the reserve price of $2.43 (Sh283) per kilogramme set by the government, leading to…
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Our reporters are skilled and trained to deliver only true news and feature articles about the people, places and topical issues related to the business sector in Africa. Our Africa business stories spans across the different regions – Central Africa, East Africa, North Africa, Southern Africa and West Africa
The African Development Bank (AfDB) has signed a financing agreement with the government of Ghana for the implementation of a rural electrification project using stand-alone solar…
Following the issuance of operational licences to Space Exploration Technologies Corp, SpaceX, which is owned by the world’s richest man, Elon Musk, to operate in Nigeria,…
Dr. Daniel Alexander Schroth has been appointed Director of the Renewable Energy and Energy Efficiency Department by the African Development Bank Group (AfDB), effective May 16,…
President Abdelmadjid Tebboune and his host Sergio Mattarella met at the Quirinale Palace in Rome, before a meeting with Prime Minister Mario Draghi to sign a…
The Radisson Hotel Group has announced the opening of the Radisson Blu Hotel in South Sudan’s fast-growing capital and largest city, Juba, as part of its…
Tanzania has recognised that its account is suffering after posting a $1.31 billion deficit in the first three months of 2022, compared to $352 million in…
After striking an agreement with activists who had set up roadblocks at the site, Anglo-Australian multinational mining giant Rio Tinto which operates the QIT Madagascar Minerals…
KCB Group, a financial services firm, has named Paul Russo as its new Chief Executive Officer, effective May 25, succeeding Joshua Oigara, who has held the…
Governor Godwin Emefiele said on Tuesday that the Central Bank of Nigeria has hiked its benchmark interest rate to 13% from 11.5 percent, shocking economists who…