Economy

British oil and gas company Shell Plc has reported a 23% fall in net profit for the first half of 2025, blaming the decline on weaker energy prices and global …

The Federal Government of Nigeria has approved contracts worth N987 billion for the renovation and upgrade of major airports across the country. This was announced by the Minister of Aviation …

The Ghana Hubs Network has hosted its 2025 Annual Gathering of Hubs in Accra with a focus on building stronger collaboration and encouraging innovation across the country’s entrepreneurship space. The …

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has intensified efforts to boost the country’s crude oil production, with a renewed focus on unlocking 810,000 barrels per day (bpd) from Nigeria’s …

Ghana’s efforts to maintain fiscal and monetary discipline in the first half of 2025 have earned praise from the international consultancy firm, PricewaterhouseCoopers (PwC), which has urged the government to …

Malaysia has shelved plans to implement the High-Value Goods Tax (HVGT), but elements of the policy have been integrated into a revised sales tax framework, according to Prime Minister Anwar …

Zambia, one of Africa’s largest copper-producing nations, may soon feel the heat of fresh U.S. trade policies after President Donald Trump announced a 50% tariff on all copper imports starting …

The International Air Transport Association (IATA) has raised serious concerns over the state of aviation safety in Africa, revealing that 46 out of 48 countries in Sub-Saharan Africa have not …

The Federal Government of Nigeria has raised over N70 billion to fund large-scale housing developments across urban centres in the country, using Public-Private Partnerships (PPPs) as a major source of …

The Government of Malawi has received a $3.3 million (about K6 billion) insurance payout from the African Risk Capacity (ARC) to help cushion the impact of the ongoing drought crisis …