Africa

A heavy downpour accompanied by ice pellets in Kafur Local Government Area in Katsina State has destroyed more than 300 farms in eight communities in the area. The Chairman of …

The African Development Bank(AFDB)  has named five women including South Africa’s Nomfundo Xenia Ngwenya as executive directors for a three-year term. In total, 12 executive directors were appointed, according to …

Dr. Kunle Adeyemi, The CEO of Nigeria’s foremost real estate company, Sterling Homes has been honoured with an award of excellence by the National Association of Yoruba descendants in North …

The Lagos Free Zone (LFZ) N25 billion series 2 bonds, which is Nigeria’s first 20-year corporate infrastructure bond, have been launched on the Nigerian Exchange Limited (NGX) market. LFZ is the infrastructure development …

The rand strengthened in early trade on Monday, as the dollar weakened ahead of key US inflation data this week that might give the Federal Reserve room to slow the …

Nigeria lost its crown as Africa’s largest crude producer as Angola surpassed the country for the first time in more than five years. Angola’s average daily output in August of …

A dam at South Africa’s abandoned Jagersfontein diamond mine collapsed early Sunday, triggering heavy flooding that damaged property and killed at least three people. About nine houses were swept away …

South Africa’s minister of communications Mrs Khumbudzo Ntshavheni has published a draft policy document that has proposed the trading of radio frequency spectrum in the country. During a media briefing …

The European Bank for Reconstruction and Development (EBRD) has supported the green economy in Egypt with a $100m loan to Banque Misr for on-lending to local small and medium-sized enterprises (SMEs). This …

Ghana is ranked 2nd in Private Public Partnership pipeline projects in West Africa with a cumulative market size of $8.4 billion. According to Fitch Solutions. Nigeria leads the market with …