• May 6, 2025

Cameroon sugarcane strike turns violent over wages

Over 150 hectares of sugarcane fields have been destroyed in Cameroon due to violent clashes between workers at the Société Sucrière du Cameroun (SOSUCAM) and police. The unrest, which erupted earlier …

FIFA suspends Congolese Football Federation

FIFA has announced the immediate suspension of the Congolese Football Federation (FECOFOOT), following escalating tensions between the Ministry of Sports and the football body. The dispute, which has been ongoing for …

Judge halts Trump’s effort to dismantle USAID

A federal judge has delivered a major blow to President Donald Trump and his ally, billionaire Elon Musk, halting plans to pull thousands of staffers from the U.S. Agency for International …

Algeria, Equatorial Guinea and Angola crudes the most expensive in the world (OPEC)

Crudes from Algeria, Equatorial Guinea and Angola became the most expensive in the world during June and for the first half of 2022 as a whole, according to the Organization of …

Business:Germany, Nigeria to sign accord on return of Benin Bronzes

Germany and Nigeria are set to venture into an agreement to pave way for the return of centuries-old sculptures known as the Benin Bronzes that were taken from Africa in the …

Business:Ghana back to IMF as economic conditions worsen

Ghana’s president, Nana Addo Dankwa Akufo-Addo, has authorized Finance Minister, Ken Ofori-Atta to commence formal engagements with the International Monetary Fund (IMF), to support the country’s economy. A statement issued by …

Business:Egypt to privatize key state companies as inflation surges

Egyptian Prime Minister Mostafa Madbouli has announced a series of planned privatizations of state-owned companies, as the country struggles with an economic crisis and inflation at almost 15% in April. The …

Business- How Chinese lending to Africa is evolving

Over the last two decades, China has established itself as Africa’s largest bilateral lender, helping bankroll key infrastructure projects on the continent. But a new report by the Boston University’s GDP …

Highlights of the global stability report of Business in Africa

– Global Financial Stability – Russia‘s invasion of Ukraine coming on the heels of the pandemic has caused instability in the global economy. What is the state of the global financial …

Business: Small-scale farmers take over Rwanda’s biggest tea factory

Tea is a widely produced crop in Rwanda that generated a revenue of $93m in 2020.The 5,000 smallholder farmers in Gicumbi district, members of the cooperatives Cooperative du Thé Mulindi (COOPTHE) …

Angola on a hunt for European investors

The first-ever EU-Angola Business forum took place this Thursday in Brussels with an objective of convincing European investors to bet on Angola’s reforms to support private sector investment and business links. …

Rwanda, DRC organize trade fair, seek to boost trade coorperation

Business representatives from the Democratic Republic of Congo’s Private sector attended the Rwandan National trade fair for the very first time on Monday. The event presents an opportunity to the two …

Nigeria Economic Summit 2021 focuses on private sector

Panelists at this year’s Nigeria Economic Summit (NES 27) have called on the authority in the country to focus on critical sector of the economic reiterating that the private sector should …