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Nigeria to freeze MultiChoice Africa accounts to recover $4.4 billion

Nigeria's revenue service on Thursday said that it had instructed banks to freeze the accounts of media entertainment firm MultiChoice Africa and its Nigerian...

South Africa’s Eskom CEO sees end to crisis in shift from...

South African state power utility Eskom sees an opportunity to emerge from years of crisis by shifting from coal-fired power generation towards natural gas...

South Africa soon to name new CEO for Eskom

South African President Cyril Ramaphosa said on Monday that the government will soon announce a permanent CEO for state-run Eskom, after the struggling power...

South African business confidence inched up in December

South African business confidence improved slightly in December as imports rose and more building plans were passed, but extensive power cuts meant sentiment was...

Egypt signs contracts with Canadian firm for gold exploration

Egypt signed on Tuesday four contracts for gold exploration in the Western Desert with a Canadian company, the Ministry of Petroleum, Mining, and Mineral...

Nigerian parliament set to vote on petroleum overhaul bill

A long-awaited bill to overhaul nearly every aspect of oil and gas production in Nigeria has been presented in both chambers of parliament, which...

Analysis: Investors say Asia a safe place as U.S. raise interest...

Asia's emerging economies are better placed than most other regions to weather a bout of turbo-charged U.S. policy tightening, analysts say, but with a...

Ghana aims to receive 18 million COVID-19 shots by October

Ghana hopes to receive over 18 million doses of COVID-19 vaccines before October as it struggles to contain a third wave of infections, President...

Fastjet still to get lifeline beyond March 2020

Low-cost airline, Fastjet says it is yet to get funding meant to keep it afloat beyond March this year. In November 2019, Fastjet said it...