AFRICA NEWS

The International Monetary Fund (IMF) projects that the East African economy will grow at 5.6 percent, but the region’s business lobby says external and domestic shocks could impact the positive …

Traders with insider information revealed that Trafigura Group has sold 2 million barrels of WTI Midland to the Dangote refinery for delivery at the end of February, Bloomberg reported. Traders …

At a summit on Monday, the Italian government unveiled details of a long-awaited project aimed at boosting development in Africa, hoping it will help spark economic growth that will curb …

African leaders are bracing themselves for a second Trump term and all that that entails. Trump is unlikely to pull the reigns on African engagement because the region has never …

BYD entered into a partnership with Rwandan distributor CFAO Mobility in 2023, and the local launch of the Atto 3 marks its official entry into the East African market. BYD …

Archbishop of Canterbury Justin Welby said the controversial plan of Prime Minister Rishi Sunak’s Conservative government would “outsource our legal and moral responsibilities for refugees and asylum seekers”. He made …

Fortis Green Renewables has struck a deal to acquire a significant minority stake in a Rwandan hydropower plant. The US-based renewable energy investment firm purchased a 40% stake in the …

Interior Cabinet Secretary Kithure Kindiki has called for transboundary collaboration within the African region to tackle emerging and transnational organized crime, particularly in the face of escalating security threats. He …

Many global firms are downsizing or pulling out of Kenya largely due to high taxes and unpredictable policies. Further, despite their resilience, businesses in the country are grappling with weakened …

Kenya and Uganda have been at odds with each other since October last year, over the future of their respective energy industries. Uganda said in November that it will begin …