Economy
Breaking and the latest news relating to African Economy.
Nigeria slaps 14 new criminal charges against ex-central bank chief Godwin Emefiele
Nigerian prosecutors on Thursday added 14 new criminal charges, including forgery, against former central bank governor Godwin Emefiele in the...
Read moreDetailsShell agrees to sell its onshore business in Nigeria, but activists want pollution cleaned up first
Shell said Tuesday it agreed to sell its onshore business in Nigeria's Niger Delta to a consortium of companies in...
Read moreDetailsNigeria’s president says ‘massive education’ of youth will help end kidnappings for ransom
Nigeria's president said Tuesday that his government will embark on "massive education" of youth as a way to tackle the...
Read moreDetailsRwanda President says UK money could be returned if refugees don’t arrive
Rwandan President Paul Kagame has offered to return money given to his country by UK taxpayers for the government's flagship...
Read moreDetailsUganda’s planned overhaul of old railway line on track, to cut transport costs on Northern Corridor, improve trade competitiveness
Uganda’s planned overhaul of the metre gauge railway to cut transport costs on the Northern Corridor and improve trade competitiveness...
Read moreDetailsKenya bank stocks to rise on dividends, earnings – Analysts
Banking sector stocks in Kenya are tipped to rally on improved earnings and increased dividend prospects ahead of the industry’s...
Read moreDetailsSenegal’s president inaugurates e-bus fleet of Dakar public transport network
After a four-year wait, Dakar residents will soon move around their city on board these electric buses. The vehicles are...
Read moreDetailsNigeria’s Dangote refinery starts production after years of delays
Nigeria's Dangote oil refinery has begun producing diesel and aviation fuel, the company said on Saturday, after years of construction...
Read moreDetailsIMF ‘optimistic’ Ghana will reach official creditor debt deal soon
The International Monetary Fund said on Tuesday it was "optimistic" that Ghana and its official bilateral creditors would reach a...
Read moreDetailsIMF approves disbursement of $60.7 million to Mozambique, says Natural gas accelerates economic recovery
The Executive Board of the International Monetary Fund (IMF) has allowed Mozambique immediate access to US$60.7 million under the Extended...
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