The Wall Africa Journal

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!

Botswana’s President Announces Diamond Deal Reached with De Beers

Botswana’s newly elected President, Duma Boko, has announced the finalization of a diamond extraction and sales agreement with global mining…

Tanzanian Government to Reassess Controversial Wildlife Fees Amid Stakeholder Opposition

The Tanzania Wildlife Management Authority (TAWA) has acknowledged concerns raised by tourism stakeholders over the newly introduced fees for Wildlife…

$8 Billion Pledged for Africa’s Energy Expansion Initiative

An initiative to connect 300 million Africans to electricity over the next six years has secured over $8 billion in…

Liberia Set to Attract $3 Billion in Investments Following Discovery of New Mineral Resources

Liberia is on the brink of a major economic transformation, with the discovery of rich mineral deposits expected to attract…

Tanzania: Mining Firm Montero Agrees to $27M Compensation Deal

Montero Mining and Exploration has reached a $27 million settlement with Tanzania over the Wigu Hill rare earth project, resolving…

Libya’s Oil Exports Proceed Normally After Protests, Says NOC

Libya’s state-owned National Oil Corporation (NOC) announced that oil export operations have resumed without disruptions following protests at the Es…

Zimbabwe’s Inflation Surges, Driven by Rising Food and Housing Costs

Zimbabwe’s inflation rate saw a sharp increase in January, fueled by surging prices for food and housing. The year-on-year inflation…

Mali and Barrick Gold to Resume Talks Over Dispute Amid Gold Seizure

Mali’s government and Barrick Gold are scheduled to resume high-level talks on Tuesday to resolve a growing dispute surrounding allegations…

Protests Disrupt Oil Operations at Libya’s Es Sidra Port

Protests in Libya’s Oil Crescent region have disrupted oil operations at the Es Sidra port, one of the country’s major…

Egypt Strengthens Ties with ILO to Boost Job Creation and Labor Conditions

In a bid to enhance labor rights and improve working conditions, Egypt’s Minister of Foreign Affairs and Immigration, Badr Abdelatty,…

Libya Welcomes Serbian Delegation in Business Forum

The State of Libya is hosting a high-level state-economic delegation from the Republic of Serbia, led by State Secretary in…

Bank of Ghana Maintains Policy Rate at 27% Amid Inflation Challenges

The Bank of Ghana (BoG) has kept its monetary policy rate steady at 27% for the second consecutive meeting, aiming…

Congo Terminal Commits €400 Million to New Container Terminal in Pointe-Noire

Congo Terminal of Republic of Congo, has unveiled plans to build a new container terminal in Pointe-Noire with a total…

Libya Seeks Turkish Expertise to Advance Renewable Energy Goals

Libya is aiming to diversify its energy portfolio by investing in renewable energy and has turned to Türkiye for technological…

Nigeria: Tinubu Highlights Billion-Barrel Oil Reserves at WEF Davos

Adewale Tinubu, Group Chief Executive of Oando Plc, has outlined a bold vision for the future of Nigeria’s energy sector,…

Zimbabwe’s Gold-Backed Currency Plummets by 43% in Eight Months

Zimbabwe Gold was introduced last April to replace the Zimbabwean dollar and strengthen the economy. However, this gold-backed currency lost…

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