EgyptAir, the state-owned airline of Egypt, is set to receive 18 Boeing 737 Max 8 aircraft as part of a leasing agreement with Air Lease Corp, according to sources familiar …
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The African Development Bank (AfDB) has announced a $500 million pledge to support the development of the Lobito Corridor, a strategic transport route that will link Angola, Zambia, and the …
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Nigeria’s entertainment and media (E&M) sector is on track to achieve remarkable growth in the next six years, according to a PricewaterhouseCoopers (PwC) report. The report, titled African Entertainment and …
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Uganda is facing a potential loss of vital funding from the World Bank over its harsh anti-LGBTQ law, which has drawn international criticism and condemnation. The law, which President Yoweri …
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Nigeria, Africa’s most populous nation and largest economy is undergoing a series of economic reforms that could positively impact MTN Group Ltd., the continent’s biggest wireless company. MTN Group CEO …
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Ford, the U.S. auto giant, announced on Wednesday that it will invest 5.2 billion rand ($281 million) to produce a hybrid vehicle in South Africa, as it urged the government …
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Nigeria, once a leading destination for venture capital in Africa, is now trailing behind its peers as funding activity for tech startups continues to decline. According to a report by …
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South Africa’s largest mobile operator, MTN Group Ltd., has boosted its network availability to 95% in its home market despite facing challenges such as power outages, vandalism and a sluggish …
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Nigeria, Africa’s largest economy and biggest oil producer, is facing a looming climate crisis that could cost it $100 billion a year and derail its development, according to a new …
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South Africa faces a serious challenge of attracting and retaining skilled workers, as inefficiencies and delays plague its visa system. This is hampering the country’s economic recovery, as foreign investors …