Economy

Egypt has raised $800 million from selling a stake in seven of its most iconic hotels to a local real estate developer, as part of a wider plan to privatize …

Ms. Yan Yuqing, China’s Consul General in Lagos, discusses enhancing Nigeria-China trade and diplomatic ties in a recent interview.

The long-standing conflict over the Grand Ethiopian Renaissance Dam (GERD) has reached a new impasse, as Egypt announced on Tuesday that the latest round of negotiations with Ethiopia and Sudan …

Kenya has signed a historic trade deal with the European Union (EU) that will grant its exports duty-free and quota-free access to the bloc, officials announced on Monday.   The …

Sudan is on the brink of a humanitarian catastrophe as the war between the army and the Rapid Support Forces (RSF) continues to escalate, the United Nations warned on Friday. …

Africa is losing a staggering $90 billion every year to illicit financial flows, according to a top official of the African Development Bank (AfDB). This amount is more than the …

Somalia has achieved a landmark debt cancellation deal with international lenders, paving the way for the war-torn nation to access financial markets and attract investment after decades of economic stagnation. …

Wheat is one of the most important staple crops in the world, providing food, feed, and income for millions of people. However, in West and Central Africa (WCA), wheat production …

The UK Prime Minister Rishi Sunak has narrowly avoided a defeat in parliament on his emergency bill to revive his plan to send asylum seekers to Rwanda, after facing a …

Nigeria, Africa’s largest economy, is facing a wave of corporate exits as several multinational companies have announced plans to leave the country or scale back their operations in the second …