Economy

South Africa’s National Assembly has given its backing to a draft expropriation bill, marking a significant step in the country’s land reform efforts. The bill, which has sparked debate and …

Nigeria’s Dangote refinery, set to refine 650,000 bpd, could end the decades-long $17 billion gasoline trade from Europe to Africa, challenging European refineries’ survival.

Four Educor-owned colleges in South Africa are ordered to close, affecting thousands of students, after investigations reveal fabricated results and financial irregularities.

Nigeria, Africa’s largest economy, has been grappling with significant economic challenges for several years. President Bola Tinubu, who took office in 2023, inherited a nation burdened by record debt, high …

Egypt has initiated the process of clearing its outstanding debts to petroleum companies, signaling a positive shift in its economic landscape. The move comes as part of the government’s efforts …

WIOCC swiftly restores over 2.5TB capacity, ensuring West Africa’s digital backbone remains robust after subsea cable disruptions.

Nigeria is gearing up for another substantial rate hike as part of its aggressive measures to combat soaring inflation levels. The impending move reflects the government’s determination to rein in …

Zambia reaches a crucial agreement to restructure $3 billion in international bonds, marking a significant milestone towards the country’s long-awaited financial recovery.

In a tragic turn of events, a militant attack on Nigerien forces near the border region of Mali and Burkina Faso resulted in the loss of 23 soldiers. The soldiers …

Access Bank’s acquisition of NBK marks a significant expansion in Africa, strengthening its continental presence and financial influence.