News from across Africa covering business, markets, policy and development in North, West, East, Central and Southern Africa.
Electric car maker Tesla is starting production of its Semi lorry, chief executive Elon Musk has announced. Mr Musk confirmed via Twitter that deliveries of the lorry would commence on …
The World Bank has classified Ghana as a high debt distress country as it projects the nation’s debt to Gross Domestic Product (GDP) of 104.6 per cent by the end …
PetroSA is taking steps to end a legacy of mismanagement and continuing annual losses as it plans a project with TotalEnergies , according to its interim chairman. The state-owned oil …
Sterling Bank Plc has announced plans with her partners, Leadway Assurance, Nestle Nigeria Plc, Microsoft Nigeria, Thrive Agric, GIZ, Stears Data among others, to unlock $1trillion in Africa’s agricultural sector, …
A Delaware judge ordered a halt to Twitter Inc’s lawsuits against Elon Musk on the eve of trial to give the billionaire time to finance his $44 billion takeover of …
The Ghanaian government intends to leverage the current discovery of lithium in parts of the country for the manufacturing of solar batteries. This is in line with the National Energy …
Rating agency, Moody’s has downgraded Ghana’s long-term issuer and senior unsecured debt ratings to Caa2 from Caa1 and placed the ratings on review for downgrade. The rating downgrade to Caa2, …
The Federal Government of Nigeria is focusing on improving the country’s competitive index in the global market following the establishment of six technology centres across the country, according to Mr …
Access Holdings Plc, trading as Access Corporation, on Tuesday announced its planned acquisition of majority equity stake in Angola-based Finibanco S.A by Access Bank Plc. Sunday Ekwochi, Company Secretary of …
Elon Musk is offering to proceed with his purchase of Twitter at its original price of $54.20 per share. In a letter to the firm, Mr Musk agreed to pay the price he offered …
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