Economy & Business

Botswana's extraordinary 2,488.32 carat Motswedi diamond, the second largest gem quality rough diamond ever discovered, has finally been sold after spending nearly two years on the market, marking a significant milestone for one of Africa's…

Chinese state-owned construction companies have emerged as the dominant contenders for Ethiopia's landmark $12.5 billion Bishoftu International Airport, while no major independent U.S. contractor has secured a place on the main construction…

India is moving closer to finalising a landmark $35 billion defence agreement with France for 114 Dassault Rafale fighter jets, with the majority of the aircraft expected to be manufactured locally under a major technology transfer and co…

Burkina Faso is facing renewed diplomatic pressure from the United States just six months after Washington committed up to $147 million in health assistance to the West African nation, highlighting the increasingly complex relationship…

Libya’s Central Bank governor, Naji Issa, has resigned from his position without publicly giving a reason, according to several reports, adding fresh uncertainty to the leadership of the country’s key financial institution. Private…

Zambians are heading to the polls in the country's eighth general election since the return to multiparty democracy in 1991, with the state of the economy emerging as one of the defining issues for voters. President Hakainde Hichilema and…

Africa's richest businessman, Aliko Dangote, plans to dedicate one third of his personal fortune to charitable causes, with members of his family publicly backing the initiative as the billionaire advances plans for the next generation to…

South Africa has secured Chinese backing for an ambitious R2.2 trillion ($122 billion) energy investment programme aimed at expanding electricity generation, modernising transmission infrastructure and rebuilding the country's manufacturing…

Ethiopia's state owned telecommunications company Ethio Telecom has reported a 47.5 percent increase in earnings before interest and taxes (EBIT) for the financial year ending June 2026, driven by continued growth in its customer base and…

Libya has emerged as the leading destination for Tunisian fruit exports, accounting for 73 percent of the country's total fruit shipments during the first half of 2026. According to the Tunisian News Agency, Tunisia exported 13,877 tons of…