News from across Africa covering business, markets, policy and development in North, West, East, Central and Southern Africa.
The Naira further depreciated against the US Dollar at the Investors and Exporters (I&E) window of the foreign exchange (forex) market on Tuesday, September 6. According to data from the …
The 42nd Annual General Meeting (AGM) of Shelter Afrique slated for May 2023 will take place in Abuja, Nigeria, the shareholders have agreed. This follows the signing of the host …
South Africa’s low-cost airline Mango is one step closer to being sold as its preferred bidder delivered proof of funding, according to business rescue practitioner Sipho Sono. In his latest …
After a surprise growth in the first quarter of the year, South Africa’s gross domestic product (GDP) decreased by 0.7% in the second quarter of 2022, Statistics South Africa reported …
valU, a subsidiary of EFG Hermes Holding (HRHO), and PayTabs Egypt has entered into a strategic partnership with notchnco to unlock an outstanding WhatsApp shopping experience for valU’s clients. Through this collaboration, …
South African retail giant Massmart has sold its Games Discount World stores in Nigeria. The assets were sold to the controlling shareholder of PricePointe Wholesale Club, an organisation that operates …
The Nigeria Export Processing Zones Authority (NEPZA) is in discussions with crypto exchange Binance and technology infrastructure company Talent City to create a digital city, referred to as a “Virtual …
Regional authorities in Egypt, the host country of the 2022 UN climate conference (COP27), are ramping up initiatives designed to improve the country’s environmental credentials, and speed up its transition …
Liz Truss, UK’s foreign secretary, has won the leadership race to become the next leader of the United Kingdom’s Conservative Party and will consequently be confirmed as Prime Minister by …
South Africa has joined the list of countries producing Liquefied natural gas ( LNG) as Renergen has started up its production facility at the Virginia gas project. The company announced …
Chat us up