Africa business news

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 …

The two sides shared their delight at positive growth of the bilateral ties over the past years, especially in politics-diplomacy, trade, defence and mining. They agreed on specific measures to …

Tanzanian President John Magufuli has ordered a review of Petra Diamonds’ (LON:PDL) contract and asked senior officials to resign after the results of a probe into the sector, launched in …

As new technologies and innovations emerge and become ubiquitous and demanding, African communications ministers led by Nigeria’s Communications Minister, Adebayo Shittu, and his Ghanaian counter, Mrs. Ursula Owusu-Ekuful, will discuss …

Japan International Cooperation Agency (JICA) is partnering with Organic Solutions Japan (OSJ), a sister company to Rwanda Nut Company Ltd, to promote organic farming by using organic fertilizers in Rwanda …

As many as 20 South African companies from the agro-processing industry will next week exhibit their products at the World Food Moscow 2017 Mockba in Russia. The SA Department of …

South African cuisine will tanatalise the taste buds of the world when local companies exhibit their products at the World Food Moscow 2017 Mockba in Russia. The Department of Trade …

As the Director-General of the UNIDO, what are the factors hindering Africa’s industrialization? The sudden drop in commodity prices caused problems because it lowered the competitiveness of commodities-dependent countries. But …

The worst may be over for Africa’s two largest economies as they likely emerged from a slump in the second quarter. Official data on Tuesday will probably show South Africa’s …