AFRICA

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Ethiopia’s birr black-market evaporates as confidence in economy grows

A “hard currency amnesty” and reform-driven confidence in Ethiopia’s economy, both at home and abroad, have helped close a once yawning gap between the...

BRICS bank to boost South African loans by as much as...

The New Development Bank plans to lend as much as $600 million more in South Africa this year in an effort to spread funding more evenly...

Relief for Kenya as Comesa team endorses sugar import safeguard

A key Common Market for Eastern and Southern Africa (COMESA) committee has recommended that Kenya should be granted a two-year extension to limit on...

Africa’s richest man signs $650 million Afreximbank loan for oil refinery

Africa’s richest man, Aliko Dangote, has signed a $650 million loan facility with the African Export-Import Bank (Afreximbank) for his oil refinery project in...

AU Report: East Africa economy more resilient than other regions

  The East African region has enjoyed a more resilient economic growth as compared to other parts of the continent over the past few decades,...

Africa’s Dangote Cement considering IPO in London

Dangote Cement Plc, Africa’s biggest producer of the building material, may carry out its long-planned listing of shares in London after Nigerian elections early next year,...

Standard Bank tops lists of best banks in Africa

A list of the Top 1000 banks in the world has been released by The Banker. South African bank Standard Bank has topped the list of...

Reporter’s Diary: The true price of gold

For Judith Akelo Otana, she can no longer hold a cup of water still - or bathe herself fully. Ever since her hands began...

Nigeria woos importers to trade Chinese yuan

Nigeria’s central bank is wooing local businesses importing goods from China to use the yuan instead of the U.S. dollar in its effort to...

Tunisia and China ink deal to develop e-commerce network

Tunisia and China have signed a partnership agreement on developing digital economic infrastructure within the north African nation, the Tunisian Institute for Strategic Studies...

Recent

Tanzania and Kenya row over delay to wildebeest migration

3 hours ago
Tanzania has denied claims by Kenyan tour operators that it started fires to delay the migration of wildebeest - a key element of the...

Springbok Sevens to meet Scotland in Rugby World Cup Sevens quarterfinals

3 hours ago
The Springbok Sevens team will meet Scotland in the quarterfinals of the Rugby World Cup Sevens in San Francisco on Sunday morning (SA time)...

Gambia plans to construct 2 key bridges with Chinese expertise

4 hours ago
The Gambian government plans to construct two key bridges in the country’s Upper River Region as part of plans to boost transportation and movement...

After 18 years apart, Ethiopian man finds his family in Eritrea

4 hours ago
When Ethiopia and Eritrea went to war in 1998 and deported each other’s nationals en masse, Addisalem Hadgu thought he had nothing to worry...

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