Latest Business News

IMF board to meet on July 12 for first review of Zambia’s programme

The International Monetary Fund executive board will meet on July 12 to…

Rwanda seeks investors in sustainable packaging solutions

Rwanda is looking for investors to engage in innovations of bringing alternative…

IMF vows endorsement to political, institutional reforms in Burkina Faso

The International Monetary Fund (IMF) on Monday June 26, threw its support…

Zambia’s bondholders see debt restructure deal in coming weeks

Zambia's international bondholders expect to strike a debt restructuring deal with the…

Saudi startup supporter VMS acquires minor stakes in Egypt’s ‘Cash Cows’

Saudi Arabia-based venture studio VMS has acquired a minority stake in Egyptian…

Cotonou to host first Auto Moto Show in October

Benin’s economic capital Cotonou will host on October 12-15, the country’s auto…

Oil rises on supply concerns fuelled by Russian political turmoil

Oil prices rose on Monday after a revolt by Russian mercenaries over…

AfCFTA calls for Fuel quality, auto policies to boost automotive industry in Africa

While the African Continental Free Trade Agreement (AfCFTA) is expected to boost…

IMF and World Bank show their hand in East Africa’s budgets

Kenya’s Treasury Cabinet Secretary, Prof Njuguna Ndung’u, in his last budget speech,…

The double-edged sword of Africa’s rising petrol price

Several African countries will in July be grappling with increased fuel prices…