Economy

Oct 16, 2018
The Federal Government  of Nigeria on Tuesday said the solid minerals sector in the country is set to receive $3.3 billion foreign investment.   The Minister of State in the…
Oct 16, 2018
East African economies have in the past 10 years borrowed $29.42 billion to grow their transport, communication, manufacturing and energy sectors. The region's economies are now spending almost eight per…
Oct 14, 2018
Informal settlements continue to remain a significant component of many cities in the developing world. UN Habitat describes them as lacking security of tenure, not having durable housing and short…
Oct 14, 2018
Shipping goods to Nigeria by sea from the United States can leave a big hole in your pocket. Analysis on overseas cargo and freight costs by MoverDB, an online resource…
Oct 10, 2018
Finance minister Mthuli Ncube says the government is committed to preserving the value of electronic balances at the current rate of exchange of 1 to 1, in order “to protect…
Oct 09, 2018
Zimbabwean President Emmerson Mnangagwa said on Monday a new tax on electronic payments was a painful but necessary part of the government’s attempts to revive the economy, his first comments…
Oct 05, 2018
The toxic presidency of Mugabe may be over, but the new Zimbabwean government of Emmerson Mnangagwa must quickly make some hard foreign policy decisions if it is to change the…
Oct 04, 2018
Sluggish expansion in Nigeria, Angola and South Africa – Africa’s three largest economies – is expected to dampen the growth prospects for Sub-Saharan Africa to 2.7 percent in 2018, according…
Oct 03, 2018
It’s been five years since four attackers made their way into Westgate, a popular shopping mall in the rich Westlands area of Nairobi, and unleashed a coordinated attack that left…
Oct 01, 2018
Mozambique's main opposition party, the former rebel movement Renamo, has promised to build 24 football fields in the next five years, if it wins the 10 October municipal elections in…
Sep 30, 2018
The Federal Attorney General of Ethiopia files terrorism charges against five people involved in the last June bomb attack in Addis Ababa attempting to assassinate Prime Minister Abiy Ahmed. At…
Sep 28, 2018
Even the toughest critics of Angola’s government say that in just more than a year, President Joao Lourenco has accomplished more to stop corruption than any previous Angolan administration. Lourenco…
Sep 25, 2018
Opportunities for investment in Africa outweigh the obstacles, according to a report by leading African companies covered in the African Development Bank’s (AfDB) new Africa-to-Africa (A2A) Investment Report, the first…
Sep 24, 2018
“China equals Hitler” said the sign held up in the Zambian capital Lusaka by a protester opposed to Beijing’s tightening grip on the economy of the southern African nation. The…

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