Economy & Business

South Africa and Kenya have signed six new cooperation agreements aimed at expanding trade, improving transport connectivity and deepening economic integration between two of Africa’s largest and most influential economies. The agreements…

Kenya’s two most influential business dynasties are poised to receive a combined payout of approximately $170 million as part of a major banking transaction that will give South Africa’s Nedbank Group a controlling stake in NCBA Group. The…

Guinea’s massive Simandou iron ore project recorded a significant increase in exports in May, marking another milestone in the development of what is widely regarded as one of the most important mining projects in the world. According to…

Ghana is set to strengthen its position as one of West Africa’s emerging industrial centers following the announcement that South Korean automotive giant Hyundai plans to establish a manufacturing facility in the country. The project forms…

Amazon has officially launched its Prime membership service in South Africa, marking a major step in the company's efforts to strengthen its position in one of Africa's most developed digital retail markets. The subscription service will…

Zimbabwe has taken a significant step toward developing its energy sector after signing a landmark petroleum production sharing agreement with Australian energy company Invictus Energy. The agreement, signed in Harare through Invictus…

Burkina Faso has intensified efforts to combat illegal gold trading, recovering more than 10 billion CFA francs, equivalent to approximately $16.8 million, while dismantling 25 illicit gold buying and selling offices linked to fraud across…

Ghana is preparing to take a significant step in its energy sector by refining crude oil from its own offshore fields domestically, a move aimed at increasing value retention and reducing dependence on imported petroleum products. Speaking…

Recent rainfall across Ivory Coast's cocoa producing regions has provided a welcome boost to the country's March to August mid crop, with farmers reporting improvements in bean size and quality despite rainfall remaining below average in…

The European Union has launched its first investment roadshow in South Africa, marking a significant step in efforts to secure access to critical minerals while deepening economic ties with Africa’s most industrialized economy.…