Economy
Breaking and the latest news relating to African Economy.
Ethiopian Airlines expands Boeing 737 MAX fleet 5 years after fatal crash
Ethiopian Airlines announced, on Tuesday, a deal with Boeing that will see the company buy 20 737 MAX aircraft, as...
Read moreDetailsNigeria unions call for nationwide strike despite court order
Nigeria's two largest labour unions, the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), have declared an indefinite...
Read moreDetailsGabon welcomes African Development Bank’s lifting of sanctions
The Gabonese government says the African Development Bank (AfDB) has lifted financial sanctions imposed on the country following the removal...
Read moreDetailsGhana cocoa farmers struggle amid cash shortage
Ghana’s cocoa farmers are complaining that they’re broke as the cocoa board – to which they are obliged by law...
Read moreDetailsNigeria gets refineries investment, forex pledge from Saudi Arabia
Nigeria and Saudi Arabia on Friday agreed to a series of investment and cooperation deals, including a pledge by the...
Read moreDetailsKenya appoints Citi, Standard Bank to study possibility of borrowing in international markets
Kenya has appointed Citi and Standard Bank as joint lead managers to assess the potential of borrowing in dollars in...
Read moreDetailsSaudi Arabia to sign deals worth over $500 mln with African nations -minister
The Saudi Fund for Development will sign agreements worth 2 billion riyals ($533 million) with African countries, Saudi Finance Minister...
Read moreDetailsKenya to pay back $300 mln of $2 bln bond in December – President Ruto
Kenya will in December pay back $300 million of a $2 billion Eurobond that falls due next June, President William...
Read moreDetailsAngola to scrap fuel subsidy by end-2025, says finance minister
Angola will push ahead with removing all fuel subsidies by the end of 2025, which should enable state oil company...
Read moreDetailsUS Senate Democrat says AGOA should be extended through 2041,
A trade program that grants exports from qualifying African countries duty-free access to the U.S. market should be extended by...
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