Latest Business News

Rwanda’s Société Pétrolière expands fuel business to Tanzania

Société Pétrolière (SP) Rwanda has opened its first filling station in Tanzania…

AU questions credit ratings of African states, mulls own tool

Tension is brewing between Africa and the Big Three credit rating agencies…

Nigeria’s central bank undergoing a forensic audit – president says

Nigerian President Bola Tinubu said on Friday the central bank was undergoing…

Top 10 African countries with the highest fuel price in 2023

Regarding fuel costs, the world has recently experienced a rollercoaster. The effects…

West Africa’s economic growth falls but medium-term forecast suggests return to level above 4% – AfDB

West Africa experienced slower economic growth over the past year except for…

India commits $2 million as new partner in Africa Digital Financial Inclusion Facility

The Indian government will contribute $2 million to the Africa Digital Financial Inclusion…

African Development Bank organises training to bolster public capacity for debt management

The African Development Bank Group has provided training on debt reporting, management…

Central Africa achieves the best economic performance compared with other African regions in 2022 – AfDB

The African Development Bank says Central Africa achieved the best economic performance…

Rwanda-Uganda border crossing sees surge in trade

Trade between Rwanda and Uganda, particularly in Burera District, has experienced a…