Economy
Breaking and the latest news relating to African Economy.
European Union announces 4.7 billion euro investment package for South Africa
European Commission President Ursula von der Leyen on Thursday announced a new 4.7 billion euro ($5.10 billion) investment package for...
Read moreDetailsAfrican payments system PAPSS plans to launch FX market platform this year
A pan-African payments infrastructure provider designed to facilitate trade on the continent is piloting an African currency market platform to...
Read moreDetailsSouth Africa proposes smaller VAT hike in revised budget, disagreements remain
South Africa's National Treasury on Wednesday proposed a smaller hike in value-added tax in a revised budget aimed at smoothing...
Read moreDetailsUS orders nonemergency government staff to leave South Sudan
The U.S. State Department on Sunday ordered nonemergency government personnel to leave South Sudan’s capital as tension escalates because of...
Read moreDetailsUS open to minerals partnerships with Democratic Republic of Congo
The United States is open to exploring critical mineral partnerships with Congo, the State Department said in a statement to...
Read moreDetailsRwanda says Canada export permit, business suspension over Congo war ‘shameful’
Rwanda said on Tuesday that Canada's position on the conflict in eastern Democratic Republic of Congo was "shameful", adding that...
Read moreDetailsNigeria: Labour union threatens fresh protest against power tariff hike
The Nigeria Labour Congress (NLC) has vowed to mobilize workers and citizens for a nationwide protest if the Federal Government...
Read moreDetailsSADC Council of Ministers to review integration progress
The Southern African Development Community (SADC) Council of Ministers is set to convene next week in Harare, Zimbabwe, to assess...
Read moreDetailsExcelsa coffee: a game-changer for South Sudan’s agricultural sector
Farmers in South Sudan are adopting a unique, climate-resistant coffee variety in an effort to revolutionize the nation’s agricultural landscape....
Read moreDetailsBotswana to launch first satellite into orbit on March 5
Botswana is set to make history with the launch of its first satellite, BOTSAT-1, on March 5 from Los Angeles,...
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