Business

The second richest man in the world, Elon Musk, has said that SpaceX's huge Starship vehicle is expected to launch this year. What is Elon Musk's Starship? Can the SpaceX company make a huge profit…

The shares of Kenya Airways, the flag carrier airline of Kenya, have been suspended from trading for another year from 5 January, according to a statement from the Nairobi Stock Exchange (NSE). The Kenya flag…

Tesla, SpaceX and Twitter owner Elon Musk became the first person in human history to lose $200 billion in net worth. His wealth plummeted to $137 billion, according to Bloomberg Billionaire Index. Musk is also…

Twitter and Tesla CEO (Chief Executive Officer), Elon Musk, has said that he will not sell any more Tesla stock for the next two years.  He made those comments in a Twitter Spaces audio chat.…

Ghana has announced that it temporarily suspended the payment of part of its external debt as the country struggles due to an economic crisis. On Monday, the Finance Minister of Ghana, Ken Ofori-Atta, announced the…

According to the finance ministry of Ghana, the economic recovery efforts of the country could be delayed and complicated if a visiting team from the International Monetary Fund (IMF) does not agree with a negotiation…

Muhammadu Buhari, the President of Nigeria, has accused the governors of stealing LG (local government) funds. He has accused them of diverting allocations from the federation account. The president attended an event hosted for members…

At the periodic conference that brought together African energy leaders, transnational investors, and directors, rama Commercial Services (https//OramaCorporate.com/), one of the gold guarantors of the African Energy Week( AEW 2022), persistently displayed its vision on"…

The young Djiboutian girl Aisha was watching the dispatch centre operations at the Nagad railway station in Djibouti while paying great attention to the many colourful dots and lines flashing on the screen. Aisha was…

By offering enterprises trade credit insurance and trade backing results, Etihad Credit Insurance( ECI) and African Trade Insurance Agency( ATI) hope to promote marketable ties and increase exports between the two requests. The agreement builds…

The first carbon credit company in Egypt has been established by government officials, opening the door for a national carbon credit market to lower CO2 emissions. On November 6, an agreement to establish Egypt's first…

Member nations across the Commonwealth are eager to see corporations play a bigger role in the fight against climate change in light of the growing climatic uncertainties and rising financial needs for climate adaptation and…

The newly amended Employment Equity (EE) Act, which gives the employment and labour minister the authority to regulate sector-specific EE targets and compliance requirements, has the potential to have a significant impact on businesses in…

According to a recent study, 23% of African firms were impacted by drought over the past year, and 39% by floods. The British International Investment's Emerging Economies Climate Report 2022 noted that drought and water…

Tanzania and China signed 15 agreements to foster bilateral trade relations between the two countries. The agreements were signed as part of the agendas during the three-day visit of the President of Tanzania, Samia Suluhu…

Kola Adesina, group managing director of Sahara Power Group, has estimated that it will take around five years for African nations to invest an average of $40 billion in their power grids in order to…

When you run an eCommerce business, logistics may be a real pain, especially if you need to manage various delivery locations and riders. Given how crucial order fulfilment is to your clients, you should make…

In order to provide end-to-end traceability in the agricultural supply chain, TraceX Technologies, a blockchain-powered traceability technology that improves food and supply chain transparency, has entered the African market in partnership with Ghana-based Univision. TraceX…