Africa business news

The underpinning fundamentals of the Namibian economy are stronger today than they were a year ago. President Hage Geingob said this during a media briefing yesterday, where he noted that …

Efficient transport networks enable access to goods, services and opportunities. Globally, countries invest in total between US$1.4-2.1tn annually in transport infrastructure to meet the demand for mobility and connectivity. The …

A former Nigerian President, Olusegun Obasanjo, on Wednesday, said Lagos will become Africa’s third largest economy in a very short time. Mr. Obasanjo made this known at the book launch …

Government has inaugurated a nine-member Board to steer affairs at the Ghana Export-Import Bank (EXIM Bank) with a charge to members to pursue an export-led agenda to help restructure the …

Ethiopia has hosted over 40 business to business meetings with companies arriving from about 35 countries during the last two years, according to Addis Ababa Chamer of Commerece and Sectoral …

Kano Dry Port in Nigeria is set to commence operation in January 2018. Alhaji Ahmed Rabi’u, Dala Inland Dry Port Nigeria Limited Kano Chairman announced, during a sensitisation workshop. The …

Noonan, the Dublin-based facilities management and contract cleaning company, has been bought by South Africa’s Bidvest for €175m, the second time the company has been sold in less than 10 …

Hai, CEO of the Made in Africa initiative and adviser to the governments of Ethiopia, Rwanda, and Senegal on investment promotion and industrialization, has been advancing the idea of trilateral …

Egyptian construction company the Arab Contractors is to receive a US$200mn multi-currency guarantee facility from the African Export-Import Bank (Afreximbank) for construction projects in Africa and the Middle East, after …

There is a general recognition that to end backwardness and poverty and become developed, prosperous, secure and powerful, a country’s economy must be industrialized (Gerald M. Meir and Dudley Seers …