South Africa's very first multiple-party government from the post-apartheid period deals with critical threats as ANC and DA leaders fight about the national spending plan while South African money struggles in unstable political times. The…
Egypt Bulks Up Wheat Supplies With Biggest Purchase…
Egypt bulks up the most wheat in a tender with the biggest purchase in years amid the Russia-Ukraine war. Egypt is the world's largest wheat importer, and the supply is subject to price changes on…
Kenya Inks Deal With Saudi Arabia To Import…
Kenya has signed a memorandum of understanding (MoU) with Saudi Aramco, a Saudi Arabian Oil Company, to help import refined petroleum products at lower prices than the global rates amid high gas prices. The National…
Zimbabwe Plans To Hike The Interest Rate To…
Zimbabwe’s central bank plans to hike the interest rate, already the highest in the world, to 190% to control the soaring inflation. A member of the bank’s monetary policymaking committee (MPC) announced the news as…
UAE becomes the largest GCC investor in Africa
According to the report, which was based on a survey of 200 sub-Saharan African business executives, the UAE invested $1.2 billion in Sub-Saharan Africa during the previous five years, or 88% of all investments made…
Kenya Airways Signs Deal To Buy 40 Flying…
In the latest development, Kenya Airways has signed a deal with Eve Holding Inc to purchase 40 flying electric taxis. Kenya Airways will introduce these taxis through its subsidiary, Fahari Aviation. Brazilian company EVE UAM…
Sudan’s wheat harvest is in jeopardy of being…
The cash-strapped government of Sudan has broken its pledges to acquire the country's wheat harvest at more favorable prices, which has put the country's grain at risk of being wasted. Farmer Modawi Ahmed is one…
Stephen Ross believes that recession would drive employees…
If the US faces a recession, real-estate tycoon Stephen Ross told Bloomberg that employees may return to work out of fear of losing their jobs. "Employers have been cautious because they don't want to lose…
Business confidence index in South Africa drops to…
A South African business confidence index dropped in May, reaching its lowest level since September 2020 on various factors which include lower trade volumes, higher financing costs and power cuts. The business confidence index of…
South Africa eager to engage in bilateral cooperation…
A senior minister stated on Sunday that South Africa is more than willing to work with the CII India Business Forum (IBF) and appropriate local ministries to expand bilateral collaboration. He praised Indian enterprises for…
Tanzania has signed a natural gas agreement with…
Tanzania has signed a framework deal with Equinor of Norway and Shell of the United Kingdom, bringing them one step closer to breaking ground on a $30 billion liquefied natural gas export project (LNG). The…
South Africa is continent’s startup powerhouse, with the…
Disrupt Africa's datasets, skills, and networks are used in the South African Startup Ecosystem Study 2022, the company's 17th publication and second country-focused report, to detail what startups are doing in the country, who is…
Bilingual instruments that are reliable for intra-Africa business
Dr. Dare Arokoyo, until recently associate professor and provost of the School of Continuing Education at the Houndegbe North American University in Benin Republic, has written two books, or more appropriately, language communication manuals, for…
A step-by-step guide to buying a house in…
It should come as no surprise that buying a home is a lengthy process because it is one of the most substantial expenditures you will ever make. While it may appear intimidating at first, you…
A stampede during a Nigerian church food gathering…
A stampede killed more than 30 people in southern Nigeria on Saturday during a crowded church charity function where food was being distributed. After the disaster in Port Harcourt, in southern Rivers State, when people…
Civil society urges the government of Gambia to…
Following a long-awaited official declaration on the issue, Gambian civil society organizations have called on authorities to bring former dictator Yahya Jammeh to justice. The government has until May 25th to make a decision on…
Zambia receives assistance from China in resolving its…
President Hakainde Hichilema has praised China for agreeing to participate in the IMF's Zambia debt restructuring process and joining other creditors. During a press conference at the Statehouse in Lusaka on Monday, Hichilema stated that…
Nigeria opens the largest fertilizer plant in Africa
Nigerian President Muhammadu Buhari has opened a $2.5 billion fertilizer plant with the goal of contributing to global supplies amid the impact of rising prices in the aftermath of the Russia-Ukraine conflict. When the Dangote…
Kenya will get $750 million from the World…
Kenya has been accepted for a $750 million loan from the World Bank to help finance its budget until 2022. Kenya would have to make the changes in its public procurement procedures that were meant…
