Zimbabwe plans to cut 25,000 government jobs, or more than 8 percent of civil servants, to reduce a wage bill that consumes almost 97 percent of...
Africa’s two largest economies are stalling amid slumping commodity prices and political infighting that’s hampering decision making. A government report on Wednesday will probably show Nigeria...
Nigeria’s tourism and hospitality industry might overtake the downstream sector by 2021 if the recently launched African Union passport is adopted by the country’s legislators, a...
Ghana second commercial oil field, the Deep Water Tweneboa-Enyenra-Ntomme, will start pumping oil on Thursday. Joe Mensah, Vice-President and Country Director for American oil exploration company,...
President Muhammadu Buhari is scheduled to formally declare open the 39th ordinary meeting of the Association of African Central Banks (AACB), to be hosted by the...
Ghana’s annual consumer price inflation dropped to 16.7 percent in July from 18.4 percent in June as the cedi currency stabilised and food prices fell at...
As Nigeria continues to dither over the Petroleum Industry Bill, which has suffered setbacks in two consecutive legislative tenures, Ghana has passed its own petroleum bill...
Aircraft manufacturing giant, Boeing, has predicted that Africa will need about 22,000 new pilots and 24,000 new technicians by 2035. In a statement on their website,...
Jumia Attracts $325 Million From Investors Africa’s biggest e-commerce company, Jumia, has won $325 million from German, South African, French and U.S. companies interested in...
The South African rand continued to trade at its worst ever levels against the dollar on Tuesday (8 December), amid a stagnant local economy, and rising...