News from across Africa covering business, markets, policy and development in North, West, East, Central and Southern Africa.
The exchange rate between the naira and the US dollar closed at N429.13/$1 at the official Investors and Exporters (I&E) window on Monday, July 18, 2022. Naira appreciated slightly against …
Benin Electricity Distribution Company ( BEDC ) Plc has dragged the Bureau of Public Enterprises, an agency of the Federal Government of Nigeria, to a United Kingdom arbitration to challenge …
The Association of Nigeria Aviation Professionals (ANAP) has threatened to shut down airports in Nigeria as a result of the lasting strike by the Academic Staff Union of Universities ( …
The commodity markets registered a mixed fortune in the latest auction with coffee prices rising for a second time in a row while tea fell marginally. According to the Nairobi …
Novek, an Internet-of-Things (IOT) company has been announced as one of eight global recipients of the inaugural round of grants from the Strive Community Innovation Fund. The UK-based company working …
The South African Revenue Service (SARS) said the ongoing strike at its operations has caused continued delays, forcing the tax body to close 40 branches throughout the country. The Public …
Total Kenya has been ordered to pay a contractor more than Sh600,000 for works carried out in one of its service stations, which the oil company declined to pay, arguing …
The government has subsidised the price of maize flour to Sh100 for a two-kilogramme packet in a deal with millers aimed at diffusing public outrage over the high cost of …
Kenya Airways has suspended the sale of tickets from London to Nairobi, as pressure from the Heathrow crisis hits the national carrier. The suspension follows a directive by Heathrow Airport …
Mainstream Renewable Power together with investment company Actis have announced the sale of Africa’s largest pure-play renewable energy independent power producer (IPP) Lekela Power, to Egyptian company Infinity Group and …
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