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Nigeria reinstates fuel subsidies to avert further shortages

Nigeria's government has reinstated fuel subsidy to avert further fuel crisis that plagued the country throughout the festive season. The petroleum ministry had scrapped long standing fuel subsidy in May 2016 saying it could no...

Kenya’s property sector witnessing slow uptake of new units

Does Kenya have a real-estate bubble? That's a question that's come back into the limelight with data from Kenya's Central Bank showing that non-performing loans in real estate, grew faster than in any other category,...

President Buhari to make state visit to China

Nigeria’s President Muhammadu Buhari will make a four-day state visit to china to strengthen diplomatic relations and to sign a loan deal that will finance infrastructural projects in the West African country. Though the figure...

Algeria’s Sonatrach to boost output of crude oil and natural gas by 20% with...

Algeria’s state energy producer Sonatrach Group plans to increase output of natural gas and crude oil by 20% in the next four years as new projects start up. Salah Mekmouche, the company’s V.P of exploration...

Vodacom to roll out video-on-demand service

With the demand for voice products dropping steadily and the move to fourth generation networks, video services that's affordable and easily accessible is being seen as the next frontier in online and mobile content....

Vivo Activewear retail outlet manufactures made-in-Kenya apparel

Finding the perfect gear for working out can be quite a hassle, especially when most of the apparel is imported. But that presented an opportunity for Wandia Gichuru to establish a made-in-Kenya retail line, Vivo...

60% of Africa’s population has no access to data services

Up to 60% of Africa's population still do not have access to data services. Around 20% of people that have smartphones do not use them for data. These were some of the revelations emerging...

Ethiopia introduces hundreds of buses to ease public transport

The Ethiopian capital, Addis Ababa, has introduced new Express buses to provide public transport services within the city. The buses are locally manufactured with a capacity of close to a hundred passengers. Up to 300...

Prices of soft drinks in South Africa to go higher from April 2017

In last month's budget speech, Finance Minister Pravin Gordhan announced that a sugar tax would be imposed as of 1 April 2017. The tax will be felt on everything from fizzy drinks to flavoured water...

Global Business Africa 18th November 2014

Global Business Africa a daily show that focuses on in-depth business reporting. https://www.youtube.com/watch?v=RsdiFYFGaic