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Consumer goods company Unilever invests $12.2 million in Ghana plants

Consumer goods company Unilever Ghana has invested GH¢60million in new infrastructure and factory plants as part of plans to improve its offering to the...

Russian diamond giant sets up subsidiary in Zimbabwe

Russian diamond giant Alrosa said on Monday that it had set up a subsidiary in Zimbabwe to begin mining operations there, more than two...

IMF: Sub-Saharan Africa economies among world’s fastest-growing in 2019

Trying to get to grips with what to expect from Africa’s economies in 2019 can be broken out into three categories of discussion: the...

Government gains bigger stake in Airtel Tanzania

India’s Bharti Airtel has agreed to give part of its stake in Airtel Tanzania to the government, raising the East African nation’s holding in...

KenolKobil board backs Rubis Energie takeover

The board of Kenyan oil marketing company KenolKobil has accepted a takeover bid by French firm Rubis Energie, urging shareholders to accept the offer. In...

Kenya’s Treasury expects 2019/20 budget deficit to fall

Kenya’s budget deficit is forecast to fall in the 2019/20 fiscal year, while overall spending will rise, the Finance Ministry said on Friday. In a...

South Africa’s rand strengthens on U.S.-China trade deal optimism

South Africa’s rand firmed on Wednesday against a softer dollar as increased optimism that China and the United States will reach a trade deal...

Gabon coup attempt poses little threat to global oil market

Any potential disruption to Gabon’s oil output, following a military coup attempt, would only have an impact on a small share of OPEC’s total output because...

Kenya earns $1.5bn from tourism in 2018

Kenya’s tourism earnings rose 31.3 percent in 2018, buoyed by growth in tourist arrivals after prolonged electioneering period in 2017. During the year, earnings from...

Zambia Vedanta unit halts operations at underground mine on tax concerns

Zambia’s Konkola Copper Mines (KCM), majority owned by Vedanta Resources, suspended operations at its Nchanga mine following the introduction of an import duty on...

Recent

Protesters clash with Sudan police in latest anti-Bashir unrest

7 hours ago
Sudanese police fired tear gas at hundreds of protesters marching towards the presidential palace in Khartoum on Thursday, as demonstrations demanding President Omar al-Bashir’s...

UN expert urges Africa to pursue rainwater harvesting to fight climate change

9 hours ago
A hydrology expert with the United Nations Educational, Scientific and Cultural Organization (UNESCO) on Wednesday urged Africa to pursue rainwater harvesting in order to...

Police recover and detonate explosive left behind at Dusit D2 complex

10 hours ago
Kenyan bomb disposal experts on Thursday located then destroyed an explosive left over from the extremist attack on a Nairobi luxury hotel complex in...

Consumer goods company Unilever invests $12.2 million in Ghana plants

12 hours ago
Consumer goods company Unilever Ghana has invested GH¢60million in new infrastructure and factory plants as part of plans to improve its offering to the...

Opinion

CGTN Africa

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

6 days 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