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Browsing: Business

Discover the latest business news and insights from Africa’s thriving economies. Our Business category offers in-depth coverage of market trends, startups, investments, and economic developments across key countries like Somalia, Kenya, Ethiopia, Sudan, and South Africa. Stay informed about regional trade, policy updates, and opportunities shaping the future of African industries. Whether you’re an investor, entrepreneur, or simply curious about Africa’s economic landscape, our expert analysis and up-to-date news will keep you ahead. Explore the dynamic world of African business now!

UNESCO Launches $8 Million Groundwater Project for Tanzania and Kenya

The United Nations Educational, Scientific and Cultural Organization (UNESCO) has announced an $8 million (Sh21 billion) initiative to enhance groundwater…

Tanzania to Open Oil and Gas Exploration Licensing Round in May

Tanzania has announced plans to launch its fifth oil and gas licensing round in May, offering 26 exploration blocks for…

Kenya Threatens TikTok with Sanctions Over Child Exploitation Content

Kenyan authorities have ordered TikTok to remove sexually suggestive content involving minors following an investigative report that exposed cases of…

Libyan Banks Introduce Interest-Free Loans to Ease Economic Struggles

Several Libyan banks have launched an interest-free loan initiative in response to directives from the Central Bank of Libya. The…

Egyptian Tourism Minister Meets with German and International Travel Leaders

Egyptian Tourism and Antiquities Minister Sherif Fathy held high-level talks with top executives from leading German and international tour operators,…

South Africa’s $9.3 Billion Climate Deal Moves Forward Despite US Exit

A $9.3 billion climate financing deal to help South Africa transition to clean energy will continue despite the United States…

Ethiopia to Acquire 6 Cargo Ships for Trade Growth

Ethiopia plans to purchase six new cargo ships to boost its shipping capacity, aiming for greater control over its maritime…

Libya’s Oil Chief Engages UK and UN Officials on Sector Growth

The head of Libya’s National Oil Corporation (NOC), Masoud Suleiman, has held separate discussions with British Ambassador Martin Longden and…

Gas Leak Reported at Offshore Field Shared by Senegal and Mauritania

Efforts are underway to repair a gas leak at the Greater Tortue Ahmeyim (GTA) offshore field, jointly operated by Senegal…

Kenya Opens Tender for 80 MW Solar Project

Kenya has opened tenders for two large-scale solar projects in its southern region, each with a capacity of 40 MW.…

Nigeria’s Lithium Boom: Balancing Economic Growth and Child Welfare

As Nigeria positions itself as a key player in the global mineral value chain, concerns are growing over the exploitation…

Eskom Reports Progress in Fighting Crime

South African power utility Eskom has made significant strides in tackling crime through its collaboration with the National Joint Operational…

Nigeria Joins European Bank for Reconstruction and Development as 77th Stakeholder

Nigeria has officially joined the European Bank for Reconstruction and Development (EBRD) as its 77th shareholder, marking a major step…

Namibia’s Engo Valley Uranium Project Enters Next Phase as Global Demand Rises

Snow Lake Resources, a uranium exploration company, will start the second phase of drilling at its Engo Valley Uranium Project…

Kenya, Malaysia Strengthen ICT Cooperation and Investments

Kenya’s Cabinet Secretary for Information, Communications, and the Digital Economy, William Kabogo Gitau, hosted Malaysia’s High Commissioner to Kenya, Ruzaimi…

Botswana Ends Ban on Importation of Vegetables from South Africa

Botswana has officially lifted its ban on vegetable imports from South Africa, allowing products that are not available locally to…

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