News from across Africa covering business, markets, policy and development in North, West, East, Central and Southern Africa.
Sanlam, a top financial services group in Africa, has revealed plans to purchase MultiChoice’s insurance business to enhance its presence in the expanding digital insurance market. This acquisition will strengthen …
DeepOcean, a top subsea services provider, has received a major contract from Woodside Energy for operations at the Sangomar Field Development Phase 1 project on the Senegal coast. This agreement …
Ivory Coast is set to experience a substantial increase in its oil production, with expectations of tripling by 2027. The West African country, recognized for its strong agricultural industry, is …
Nigeria has experienced a notable decline in oil production because Aiteo Eastern Exploration and Production Company Limited has declared the closure of its Nembe Creek Trunk Line (NCTL), responsible for …
Shelter Afrique Development Bank (ShafDB) has applauded the formation of a Financial Caucus of African Ministers of Housing and Urban Development that will help identify common challenges and opportunities in the housing sector …
The economic landscape has been rapidly evolving with the advent of cryptocurrencies, creating new opportunities and challenges for traders. Cryptocurrencies, as soon as taken into consideration a spot marketplace, have …
Crypto long traders suffered substantial losses totalling $420 million in a single day as Bitcoin’s price plummeted sharply. The abrupt decrease in Bitcoin’s value has reverberated throughout the cryptocurrency market, …
UN High Commissioner for Human Rights Volker Türk has urged immediate action to stop ongoing human rights violations in Ethiopia that are hindering reconciliation and peace efforts. Türk called on …
The Host Agreement Signing Ceremony for the Intra-African Trade Fair 2025 (IATF2025) occurred in Algiers on 15 April 2024. Hosted by the African Export-Import Bank (Afreximbank), in partnership with the …
The lack of funds, political will, and global platforms to address future pandemics may necessitate splitting the World Health Organization (WHO) into two entities. This suggestion comes from a recent …
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