Africas

Central African Apex bank joins Africa’s cross-border payment network to boost regional trade

The Bank of Central African States, BEAC, has joined the Pan African Payment and Settlement System, PAPSS, in a move…

2 hours ago

China’s push for a global yuan gains ground in one of Africa’s biggest oil economies

According to a directive issued by the Bank of Angola on July 2 and published on Thursday, banks can…

14 hours ago

Africa’s second-richest man earns $141million after blockbuster €3.3billion deal leaves his investment firm awash with cash

The payment was disclosed in Reinet’s annual report after the Luxembourg-listed investment company completed the sale of its 49.5%…

23 hours ago

Unlocking Africa’s next wave of trade and investment

As intra-African trade gathers momentum, new investment opportunities are emerging across the continent. Andrew Mashanda, head of business & commercial…

1 day ago

China’s zero-tariff policy spurs Africa’s industrialization: Namibian minister

China's zero-tariff policy toward Africa is expected to boost the continent's industrialization and bring benefits to multiple sectors, said Selma…

1 day ago

Iran war fuel shocks threaten Africa’s clean cooking push, IEA says

Disruptions to global fuel markets caused by the war in Iran have hit Africa's efforts to expand clean cooking with…

2 days ago

Tanzania’s sole billionaire seeks a $100 million role in Africa’s richest man’s $17 billion project

The Tanzanian billionaire recently disclosed his intentions to invest $100 million in Dangote’s planned refinery in Kenya. “I…

2 days ago

Mwanza to put Africa’s freshwater crisis on global stage

MWANZA: TANZANIA is preparing to bring the world’s leading lake experts to Mwanza as Africa’s freshwater challenges take centre stage…

2 days ago

OPINION | The shadow scaffolding beneath South Africa’s construction industry

South Africa’s construction industry did not become dependent on vulnerable migrant labour by accident. It emerged through years of economic…

2 days ago

Why Kenya’s new finance bill may shake up East Africa’s sugar trade

For years, Kenya’s sugar industry has occupied a complicated position within East Africa’s economy. The country is one of the…

6 days ago