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Kenya’s economy projected to grow by 6.1% in 2021

Kenya's economy is projected to grow by 6.1 percent in 2021 after a 0.3 percent contraction in 2020, the central bank said on Wednesday. Patrick...

TikTok says it has over 1 billion users

TikTok said Monday it now has more than a billion active users, just four years after the hugely popular video-sharing app was launched by...

As OPEC reopens the taps, African giants losing race to pump...

Top African oil exporters Nigeria and Angola will struggle to boost output to their OPEC quota levels until at least next year as underinvestment...

25 Chinese trade cooperation zones set up in Africa

A total of 25 Chinese economic and trade cooperation zones have been established in 16 African countries, according to the China-Africa Economic and Trade...

Zimbabwe on course to achieve wheat self-sufficiency

With Zimbabwe’s agricultural outlook on the up in recent months, the sector received a further boost with authorities predicting the country will achieve wheat...

Afreximbank launches first office in Central Africa

The African Export-Import Bank (Afreximbank) officially opened a branch office in Cameroon's capital city, Yaounde on Friday, the first in Central Africa as the...

Angola and DR Congo vow to speed up joint oil exploration

Angola and the Democratic Republic of Congo (DRC) intend to boost their existing joint oil exploration project, officials announced here Wednesday. The intention to advance...

Around 20% of Nigerian workers lost jobs due to COVID-19, figures...

Around 20% of workers in Nigeria have lost their jobs as a result of COVID-19, the government's statistics office said on Tuesday, outlining the...

Nigeria, Ghana sprint to join digital currency race

Nigeria and Ghana are racing to adopt a central bank digital currency as they look to ride the wave of popularity of cryptocurrencies in West...

Zimbabwe hopeful of hitting maize collection target

Efforts by authorities in Zimbabwe to improve the country's food security are bearing fruit with the nation reporting a significant increase in deliveries of...
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