Latest Business News

Tourism sector in Uganda faces new threat as the President attempts to quell the issue

Uganda’s tourism is threatened by the Ebola outbreak in the country.The outbreak’s…

Top 5 oil producing countries in Africa

The Organization of the Petroleum Exporting Countries just released its monthly oil…

No used vehicles to enter Ghana from January 1, 2023 without certification of conformance — GSA

Beginning January 1, 2023, all used vehicles imported into the Ghanaian market…

South Africa: Telcom Giant Telkom Hands Over Streaming Platform to SABC

South African telecommunication giant, Telkom has handed over its video and audio…

Nigeria approves 1,650 MW hydropower project

Nigeria has approved the construction of a 1,650 megawatt (MW) hydropower plant…

Egypt’s Suez Canal Economic Zone signs $500 mln contract for container handling terminal

Egypt's Suez Canal Economic Zone has signed a $500 million contract with…

Rwanda’s Central Bank raises lending rate to 6.5 per cent

The Rwandan Central Bank on Tuesday raised its lending rate from 6.0…

South Africa’s Eskom says maintenance work could worsen power cuts for a year

South Africa's struggling state power utility Eskom warned on Tuesday that planned…

Algeria: Former CEO of oil & gas group Sonatrach, jailed 15-years for corruption

The former CEO of Algeria's state-owned oil and gas group Sonatrach, Abdelmoumen…

Ghanaian government to raise 1.17bn in this week’s Treasury bill sale

Government will seek to raise ¢1.17 billion in this week’s Treasury bill…