Latest Business News

Nigeria aims to end imports of petroleum products next year

Nigeria expects to stop importing petroleum products from before or around the…

Ghana: Finance minister Ken Ofori-Atta reveals government’s plans to launch a new National Airline

The Government of Ghana has revealed its plans to launch a new…

Saudi Arabia Extends Terms of $5billion Aid Package for Egypt, Move Aimed at Allowing Cairo to Complete IMF Deal

Saudi Arabia, on Tuesday November 29, 2022, agreed to extend the terms…

China cancels $7.1 million debt with Rwanda

China has offered Rwanda a $7.1 million debt relief or 50 million…

Kenya’s Centum Investment to buy back shares, first half pre-tax loss widens

Kenya's Centum Investment (CTUM.NR) plans to buy back up to 10% of…

Exxon to exit Equatorial Guinea amid wider Africa crude phaseout

Exxon Mobil Corp (XOM.N) will wind down oil production in Equatorial Guinea…

Ghana: Major boost for rice production as Jospong partners major players in Thailand

The Jospong Group of Companies (JGC) has commenced its integrated rice farming…

Inflation, debt pile pressure on Ghana’s economy

Ghana is experiencing a deep economic crisis, with a rampant inflation that…

South Africa: Big drop in diesel ahead of Christmas

Indications are that there will be a slight petrol price hike in…

Africa cannot industrialise without investment capital – Ghana’s trade minister Alan Kyerematen

Ghana’s Trade and Industry Minister, Alan Kyerematen, has called on African leaders to develop…