AFRICA

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Top Tyre company shuts down production in Kenya

Sameer Africa is closing down its Yana tyres manufacturing company in Nairobi. The company cites an increase in competition from cheaper imports. Through a notice...

Lack of jobs leads to a rise of entrepreneurs in Nigeria

Rising unemployment has left many a young person in Nigeria, with limited options for a career. Many wait for often promised but rarely delivered...

Investors wary as Tanzania moves to assert more control over mines

New laws and a crackdown on mining firms in Tanzania has slowed fresh investment in what has long been seen as one of Africa’s brightest...

Egypt’s poorest struggle to find rice amid hoarding

Rice is a staple food in Egypt, gracing many dinner tables in the north African state. However the country is staring at a food shortage...

Barclays Africa invests Tshs 32Billion into Dar es Salaam branch

Barclays Africa Group Limited has invested Tshs 32 billion in Barclays Bank Tanzania Limited as new capital to the bank, in a bid to...

Britain to add the naira to list of accepted trade currencies

Britain's export finance agency is set to add Nigeria's naira to its list of pre-approved currencies.This allows the agency to finance transactions with Nigerian...

Global Business 23rd June 2015

On this edition of Global Business with Ramah Nyang: Ratings agency Moody's optimistic growth projections for Sub-Saharan Africa Investors and government represetative from Africa converge in...

Fastjet eyes southern Africa routes

Low-cost airlines across Africa have been growing fast in recent years, and the Tanzanian based airline Fastjet has told CCTV Africa that it is...

#YoungAchievers: More Kenyan youth venturing into entrepreneurship

Youth unemployment continues to be a major problem across the continent. In Kenya, CGTN's Robert Nagila caught up with two young men, who are determined...

Samsung CEO warns of ‘lagging’ growth and pledges reform after the...

Samsung Electronics has warned of "lagging" growth in its key markets with the chief executive Kwon Oh-hyun pledging reforms to avoid a repeat of...

Recent

Libyans celebrate 8th revolution anniversary

10 hours ago
Libyans celebrated the 8th anniversary of the uprising that led to toppling of long serving leader, Muammar Gaddafi in 2011. Eight years ago, Libya experienced...

Army to be “ruthless” against tampering in Nigeria’s postponed vote – Buhari

10 hours ago
President Muhammadu Buhari on Monday warned that anyone trying to tamper with Nigeria’s postponed vote risked their lives and accused the electoral commission of...

Rwanda hasn’t banned Ugandan goods – envoy

11 hours ago
The deputy Ugandan Ambassador to Rwanda, Ms Anne Katusiime, yesterday dismissed as rumours claim that the Rwandan government had banned the exportation of Ugandan...

Four Zimbabwe generals retired in Mnangagwa’s first purge of military

12 hours ago
Zimbabwe President Emmerson Mnangagwa retired four generals on Monday, in the first major shake-up of the armed forces since he took office and including...

Opinion

CGTN Africa

Opinion: Competition, then cooperation may be the best way to build up Africa

1 month ago
A new U.S. strategy for Africa was recently released by Washington, the core of which is to further U.S. priorities in Africa by strengthening...
CGTN Africa

Opinion: Strong, fair trade with China critical to Africa’s development

by Dr. David Monyae The Africa-China relationship can best be described as comprehensive and strategic at this stage. This is primarily due to multiple agreements...
CGTN Africa

Opinion: Through CIIE, China projects bold new vision of the future

  by Ken Gichinga A new economic vision for China was unveiled during the launch of the world’s first International Import Expo in Shanghai. In his...
CGTN Africa