business | ANG
  • June 21, 2024

Business:Delegates announce $1.2 billion in funding to produce vaccines in Africa

World leaders, health groups, and pharmaceutical firms announced $1.2 billion in funding to produce vaccines in Africa, at the Global Forum for Vaccine Sovereignty and Innovation in Paris on Thursday. The …

UK Sunak’s bodyguard arrested for election bet

One of Prime Minister Rishi Sunak’s bodyguards has been arrested following alleged bets on the date of Britain’s national elections, made before they were announced, authorities said Wednesday. The Metropolitan Police …

Business:Niger revokes French company’s operating licence at major uranium mine

Niger’s military government has revoked the operating licence of French nuclear fuel producer, Orano, at one of the world’s biggest uranium mines, the company said on Thursday. The decision has highlighted …

Business:African gaming wants to make its mark on the global scene

video games seems to be reserved for an audience of “insiders”. Yet the industry is one of the most lucrative in the world, with sales of almost 200 billion dollars in …

Business:South Africa enters the olive oil market

South Africa is famous for its wines but not necessarily for olive oil, where Greece, Italy and Spain are the undisputed kings. But the country’s farmers are undeterred, eyeing a potential …

Business: Africa prepares for space industry boom

Long considered a latecomer, Africa is launching itself into space with ambition and drive. With enormous gaps in communication, education and science, the demand for satellite capacity in Africa is growing …

Business:Tigray set to restart banking services

The Ethiopian government said on Saturday it was sending about $90 million to the Tigrayan capital to help restart banking services in the country. Prime Minister Abiy’s national security advisor, Redwan …

Business:Uganda starts first oil drilling operations with targets on 2025

Uganda on Tuesday launched the drilling of its first oil well, a key milestone as the country races to meet its target of first oil output in 2025. President Yoweri Museveni …

Italian PM Meloni boost strong energy ties with Algeria

Italian Premier Giorgia Meloni arrived Sunday (Jan. 22) in Algeria for a two-day visit as the two nations look to build up a strategic partnership and Italy works to further wean …

Business:Ghana’s finance minister ‘truly sorry’ for economic crisis

Ghana’s finance minister said on Friday that he was “truly sorry” for the country’s economic hardship but defended himself against accusations that he is unfit for the job. Kenneth Ofori-Atta faced …

Business:Kenya, South Africa improve bilateral ties on migration, trade

The presidents of South Africa and Kenya said Wednesday they have resolved a long-standing visa dispute and Kenyans will be able to visit South Africa visa-free for up to 90 days …

10 African business trends: Copper the new oil, Uber-style trucking and medical tourism

Some of the forces impacting countries and industries in Africa include the growing demand for African commodities to fuel the global green economy, the retreat of South African retail giants from …

Business: Kenya Airways to lose daily $2.5m if pilots strike

Kenya Airways is likely to lose an estimated 300 million shillings ($2.5 million) per day if the planned strike by pilots at Kenyan airways takes place as scheduled. KALPA, a union …