Economy
Breaking and the latest news relating to African Economy.
Quitting Ecowas: ‘Burkina not bound by time limit’ – Transitional government
Together with Mali, Niger, and Burkina Faso will leave the sub-regional organisation. The transitional government in Burkina Faso has informed...
Read moreDetailsUganda debate on sugar industry Bill deferred
The debate on the Sugar (Amendment) Bill, 2023 has been deferred after parliament in Uganda failed to agree on the...
Read moreDetailsEthiopia’s leader plays down fears of conflict with Somalia over a planned naval port
Ethiopian Prime Minister Abiy Ahmed has played down fears of a war with Somalia over his quest for sea access...
Read moreDetailsDemonstrators support Mali’s ECOWAS exit, sparks regional concerns
Demonstrators flooded the streets of Bamako on Thursday, rallying in support of the Malian junta's decision to withdraw the country...
Read moreDetailsOil powers enter race for Africa’s critical metals amid rising costs
Risk aversion is likely to leave major Western miners lagging in a race to tap Africa's reserves of critical raw...
Read moreDetailsEthiopia to ban importation of non-electric cars
The Ethiopian Ministry of Transport and Logistics on Tuesday announced that it will not allow vehicles to enter into the...
Read moreDetailsItaly hands back Ethiopia’s first-ever aeroplane
Ethiopia's premier says that the first aircraft built in Ethiopia in 1935 has been handed back to the country by...
Read moreDetailsAU declares “deep regret” over Mali, Burkina Faso and Niger Ecowas exit
The African Union (AU) has declared its "deep regret" over the decision this weekend by military regimes in Burkina Faso, Mali...
Read moreDetailsUK deports business tycoon to Kenya over fuel scam
The UK government has reportedly extradited business tycoon Yagnesh Mohanlal Devani back to Kenya to face charges over a jet...
Read moreDetailsECOWAS not under influence of foreign powers – mediator
Sierra Leone's Foreign Minister Timothy Musa Kabba has denied accusations by the junta-led regimes of Niger, Mali and Burkina Faso...
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