The Chief Executive Officer of Ecobank Transnational Inc., Mr. Jeremy Awori, has called on Nigeria and other African countries to increase trade among themselves in order to reduce the possible …
Politics
- BusinessEconomyInternational RelationsPoliticsTrade and Commerce
- AfricaEconomyPoliticsTrade and CommerceZIMBABWE
Mnangagwa Moves to Suspend Tariffs on US Goods Amid Sanctions and Trade Dispute
Zimbabwean President Emmerson Mnangagwa has announced plans to suspend all tariffs on goods imported from the United States. The announcement comes shortly after former US President Donald Trump imposed 18 …
- Business and EconomyEnergyLibyaNorth AfricaPolitics
Libya Set to Launch First Oil Exploration Bid in 17 Years
Libya has announced plans to hold its first oil exploration bidding round in nearly two decades, a major step towards reviving its energy sector. The announcement was made on Monday …
- AfricaBusiness and EconomyPolitics
Trump’s Trade War: African Countries Face Heavy Tariffs, South Africa Among Worst Hit
US President Donald Trump’s tough trade policies are now affecting several African countries, with many set to suffer major economic setbacks due to high tariffs. President Trump announced the move …
- Arts & CultureBusinessEconomyFinance & ServicesGOVERNMENTPolitics
South African rand slides as budget vote puts coalition on shaky ground
The South African rand fell sharply on Wednesday following disagreements over the country’s budget vote, raising concerns about the strength of the coalition government. By 16:40 GMT, the rand was …
- BusinessEconomyEnergyGOVERNMENTPolitics
EXPLAINER-What to know as a new CEO takes over at Nigeria’s state oil firm NNPC
Nigeria’s President Bola Tinubu has appointed former Shell executive Bayo Ojulari as the new head of the Nigerian National Petroleum Company (NNPC) along with a new board, raising hopes for …
South Africa’s presidency has responded to the latest U.S. tariffs, emphasizing the need for a new trade agreement with Washington to secure long-term trade stability. The statement came after U.S. …
Nigeria and Spain have signed a memorandum of understanding (MoU) to establish political and diplomatic consultations. The agreement, signed by Nigeria’s Minister of Foreign Affairs, Yusuf Tuggar, and his Spanish …
- EconomyEnvironmentPoliticsTrade and Commerce
South Africa: The EU announces a €4.7 billion investment plan
The European Union has announced a major investment of €4.7 billion in South Africa. This money will be used to support the country’s transition to green energy and boost vaccine …
- EconomyFinance & ServicesGOVERNMENTPolitics
South Africa’s two biggest parties yet to reach pact on budget
South Africa’s two biggest political parties, the African National Congress (ANC) and the pro-business Democratic Alliance (DA), are still struggling to reach an agreement on the national budget. The deadlock …