Tanzanian billionaire offers $100m for Dangote's Kenya refinery
Mohammed Dewji, Tanzania's wealthiest businessman, has pledged $100 million toward Aliko Dangote's proposed oil refinery in Kenya, signaling major backing...
Africa
20 articles
MTN and Telecel bid for Ghana's 5G license
MTN Group and Telecel Group are preparing to bid for Ghana's 5G licenses after the government decided to strip exclusive...
Anti-immigration violence threatens Africa’s integration drive says AfCFTA head
Wamkele Mene, who leads the African Continental Free Trade Area secretariat, has slammed the violence targeting foreign nationals in South...
South Africa rejects compensation for evacuated Nigerians
South Africa will not compensate Nigerians who fled the country during recent xenophobic violence, according to Khumbudzo Ntshavheni, the country's...
Africa needs 700 data centres by 2035 for AfCFTA trade
Africa needs to build more than 500 new data centres by 2035 to take control of its own digital future...
Inflation spike dashes Nigeria's rate cut hopes
South Africa's chances of lowering interest rates have faded after households, businesses, and economists all lifted their inflation expectations following...
South Africa's Ramaphosa enlists chiefs to prevent xenophobic violence within days
South Africa’s government is racing to secure calm ahead of the June 30 anti-immigration protests, trying to enlist royal houses...
Nigeria constructs inaugural bourse to boost economic growth opportunities
Congo's government has formally partnered with the World Bank's investment arm to establish Africa's newest stock exchange. The agreement marks...
Emerging African leaders reshape continent's financial landscape
Africa's economic landscape is being reshaped by ambitious entrepreneurs and financial powerhouses. They're pushing beyond home markets in pursuit of...
Egypt experiences rapid employment losses despite officially declining jobless figures
Egypt's private sector is cutting jobs faster than it has in nearly six years, new data shows. This comes despite...
Abiy Ahmed wins Ethiopian election, prioritizes nationwide reconstruction efforts
Prime Minister Abiy Ahmed has won a commanding election victory that secures his grip on power for another term. His...
Zimbabwe government boosts worker pay eighty percent amid economic improvements
Zimbabwe has lifted the minimum wage for workers in unclassified sectors by 80 percent. Officials credit the move to economic...