The U.S.-Africa Business Summit, under the theme ‘U.S.-Africa Business: Partnering for Sustainable Success’, provides a unique opportunity for government officials, business leaders, investors, policy makers and entrepreneurs to engage in discussions, explore business opportunities and…
On Monday, in Nairobi, Kenya, African heads of state met in which philosophize backhanded representatives of the World Bank. The contest lit on renderings like the International Development Association (IDA) and the African Oceania. The…
Zimbabwe’s state-owned electricity distributor, grappling with drought and ageing equipment, said on Thursday it will disconnect mines, farms and other users as it looks to recover $77 million in unpaid bills. The southern African nation…
Deputy President William Ruto has said Kenya has to do more to make it a preferred gateway to Africa for investors. He said the country must adopt a radical and progressive stance in reforming the…
Along with Benin, Niger, which shares a 1,500-kilometre (900-mile) border with Nigeria, has been badly hit by the closure of Nigeria’s border. A long line of lorries from Niger and elsewhere in West Africa is…
President Uhuru Kenyatta's promise that each of the 47 counties will have a state-of-the-art sports stadium remains just a promise. Documents tabled in Parliament on Tuesday painted a picture of abandoned projects with cartels taking…
Finance Minister, Professor Mthuli Ncube has said that the two percent transaction tax will not be removed despite stakeholders including the Zimbabwe National Chamber of Commerce expressed concern over the tax. Ncube told Zimpapers Television…
European Union (EU) ambassador to Zimbabwe, Timo Olkkonen, said that the SADC anti-sanctions lobby is not convincing as the economic restrictions have a limited effect on the country's economy. Olkkonen told Alpha Media Holdings’ HStv…
Minister of Finance, Mrs Zainab Ahmed, says the Federal Government has secured a $3bn loan from the World Bank. According to the Finance Minister, the loan is to be used for reforming the nation's power…
Zimbabwean companies especially those that do not export are expected to take a knock this year due to some or all of the following according to the Sunday Mail: Decline in demand of products Foreign…
The Ghana Union of Traders Association (GUTA) is calling for a total boycott of all Nigerian products imported to Ghana. The move, the traders union believes, will force the Nigerian government to open up its…
Despite the consistent caution and education on cyber fraud, many people are still falling prey to the activities of criminals through the Internet, resulting in the loss of millions of US dollars to businesses and…
Ethiopia has accused Egypt of trying to maintain its grip over the waters of the Nile with a proposal it says would imperil a giant hydropower dam under construction on Ethiopia’s Blue Nile, in a…
Authorities in Burundi on Thursday said more than 40 people have been arrested since the penalties for black market trading were increased last month. The central African country has been short of foreign currency since…
As Nigeria’s land border closure bites West African countries, the Ghana Union of Traders Association (GUTA) has called for a total boycott of all Nigerian products imported by Ghana. The move, the traders union believes,…
The Centre for Democracy and Development, CDD, has pointed out how President Muhammadu Buhari-led Federal Government can improve on its economic policies. CDD stated that Buhari government needs to increase capital investments and reforms in…
President Muhammadu Buhari Monday in Abuja declared open the 25th Nigerian Economic Summit (NES25) with a charge to public and private sector leaders to look inward to solve the unique challenges confronting the nation's socio-economic…
The price of fuel went up again in Zimbabwe on Sunday, October 6, this time by more than 25%, the latest blow in a country battling out-of-control inflation. The Zimbabwe Energy Regulation Authority (ZERA) announced…
There appears to be no end in sight for hard pressed Zimbabwean consumers as they now have to pay 26% more for fuel and 300% more for energy starting this Sunday. Fuel prices in the…
Mozambique’s government said Exxon Mobil Corp. will sign off on a final investment decision for a liquefied natural gas project that could cost as much as $33 billion to build -- the biggest ever in…
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