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Economists question Tanzania’s withdrawal from international arbitration

A decision by the government of Tanzania to amend public-private partnership (PPP) laws and withdraw from international arbitration will scare away investors, experts said...

DR Congo plans special economic zone for cobalt users

The Democratic Republic of Congo plans to establish special economic zones for companies that manufacture goods from the country’s minerals, President Joseph Kabila said. “There...

Kenya says IMF stand-by deal over

Kenya’s stand-by arrangement with the International Monetary Fund has expired, Finance Minister Henry Rotich said on Thursday but the country will continue to talk...

Moody’s: Little chance of a downgrade of South Africa’s credit rating

Moody’s stable outlook on South Africa’s credit rating means there is little chance of a downgrade this year, the ratings agency said on Thursday,...

Kenya’s Central Bank fines five banks a total of $3.89M

Kenya’s central bank on Wednesday said it had fined five commercial banks a total of 392.5 million shillings ($3.89 million) in connection with the...

South African business confidence index falls 12-month low

South African business confidence fell to a 12-month low in August, with the nation “losing its edge” as policy uncertainty weighs on economic prospects. The...

Zimbabwe seeks return to dollar

Zimbabwe's newly sworn-in finance minister on Monday said he planned to reintroduce the Zimbabwe dollar and accelerate plans to repay the country's debt, in...

Uber-rival Careem expands services into Sudan

Middle East ride-hailing firm Careem said on Sunday it had started a service in Sudan, one of few international companies to enter the country...

Morocco’s BMCE Bank of Africa, China-Africa Business Council join hands to...

Morocco's BMCE Bank of Africa has signed a partnership agreement with the China-Africa Business Council to support and facilitate the task of Chinese investors...

Steinhoff’s former CEO denies knowledge of accounting irregularities

Steinhoff’s (SNHJ.J) former chief executive Markus Jooste was not aware of any accounting irregularities when he left the retailer in December, he told a...

Recent

Congo confirms Ebola case at Ugandan border

2 hours ago
Democratic Republic of Congo has confirmed a case of Ebola on its border with Uganda, a country so far clear of the deadly virus,...

South Africa sees decrease in rhino poaching

3 hours ago
South Africa has seen a decrease in the number of rhinos poached since the beginning of this year, thanks to enhanced anti-poaching efforts, authorities...

Number of dead from Tanzania’s ferry accident disaster hits 136

3 hours ago
The number of people dead from Tanzania’s ferry accident disaster has risen to at least 136, the country’s top police official said on Friday. The...

Burkina Faso issues overnight ban on motorcycles in restive east region

4 hours ago
Growing attacks by motorbike-riding extremists who flee into the forest have led Burkina Faso’s government to ban the use of motorbikes and bike carts...

Opinion

Deji Badmus

NIGERIA: BUHARI’S ANTI-CORRUPTION WAR

There is something about corruption in Nigeria that is, for me, a huge contradiction. Everyone in the country knows it is about the biggest...

How did Zimbabwe get here?

In 2013 a resounding electoral victory handed back full control of Zimbabwe’s Government to ZANU- PF, ending an uncomfortable coalition with the opposition. The four-year...
Robert Kagiri

What China’s ‘New Era’ means for Africa

The curtain finally came down on the Communist Party of China’s (CPC) 19th Congress held between October 18-24, 2017 at the Great Hall of...
CGTN Africa