Africa business news

Johannesburg – Aliko Dangote, Africa’s richest man, is among those considering counter offers for PPC that could signal a bidding contest for South Africa’s largest cement maker, according to people …

Tanzania and India have shared several associations in the past and continue to do the same today in the fields of Agriculture, the mining trade and the continued resistance against …

Dr. Reginald Mengi, Chairman of Tanzania Private Sector Foundation (TPSF), has emphasized the importance of current and potential investors to follow their green code to see that it is properly …

The African Export-Import Bank (Afrexcompromisarakatil said its $300 million offer in depositary receipts to private investors is expected to boost capital for lending to industries on the continent. The depositary …

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof Umar Garba Danbatta, has said the telecoms sector contributed N1.549 trillion to the Gross Domestic Product (GDP) in the …

The decision by Kenyan President Uhuru Kenyatta, his challenger Raila Odinga and their supporters to respect the Supreme Court decision annulling Aug. 8 presidential vote is expected to motivate more …

African carriers posted the largest year-on-year increase in demand of all regions in July 2017 with freight volumes growing 33.7 percent – the second fastest monthly rise in seven years. …

The 3rd Indo-Africa ICT Expo 2017, held in Lagos after a change of the host city from Nairobi, say the continent is on the cusp of development because global organisations …

The African-Import-Export Bank (Afreximbank) said Thursday it is seeking 300 million U.S. dollars to shore up its capital to meet the growing borrowing demand from the continent’s private sector. The …

African Rainbow Minerals (ARM), the JSE listed diversified mining company, which is chaired by billionaire, Patrice Motsepe, declared a record dividend and reduced its debt in the year to June …