Latest Business News

ExxonMobil secures exploration rights in Egypt’s outer Nile Delta

Egypt has assigned ExxonMobil oil and gas exploration rights to two offshore

Ghana: Telcos to implement 1% E-Levy charge from tomorrow

The Ghana Chamber of Telecommunications says it will commence the implementation of

Egypt orders ministries to curb spending amid foreign currency crunch

Egypt's government has instructed ministries to cut non-essential spending until the end

Nigeria shortlists 139 firms to commercialise gas flaring

Nigeria's petroleum regulator has shortlisted 139 companies for the next stage of

UK watchdog fines Nigeria’s GT bank over money-laundering controls failure

Britain's financial watchdog has fined the UK subsidiary of Nigeria's Guaranty Trust

Egypt’s December inflation accelerates to annual 21.3%

Egyptian annual urban consumer inflation in December rose to 21.3% from 18.7%

Libya’s Gas Export to Italy Resumes at Normal Level After a 4-Day Interruption

Libyan gas exports to Italy resumed on Monday January 9, 2023, at

Somaliland announces first oil discovery

The self-declared republic of Somaliland has confirmed that oil has been discovered

Climate change action could set off a copper mining boom: how Zambia can make the most of it

At last year’s US Africa leaders summit in Washington the US signed

FEATURE: Why Ghana relies heavily on used cars

The sale of electric cars is growing. Globally, some 2 million electric