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Economy

Feb 12, 2015
Nairobi is the most intelligent city in Africa according to a report released by The Intelligent Community Forum (ICF). Nairobi has been listed among the 21 most intelligent cities for…
Feb 11, 2015
The performance of the Nigerian Stock Exchange (NSE) remained the worst among leading African exchanges as investors delay their return to the Nigerian market. The NSE All-Share Index had recorded…
Feb 11, 2015
Standard Chartered remains committed to expanding its presence in Africa to tap the vast potential of the continent's high-growth economies, the firm's executive director told CNBC. "Seven of the 10…
Feb 10, 2015
Africa is losing more than $50bn (£33bn) every year in illicit financial outflows as governments and multinational companies engage in fraudulent schemes aimed at avoiding tax payments to some of…
Feb 09, 2015
Trade between Zimbabwe and China grew marginally to $1,16 billion last year, up from $1,1 billion recorded in 2013 as economic ties between the two countries grew on the back…
Feb 09, 2015
As President Uhuru Kenyatta was making a passionate plea for an African Court at the AU Summit, Cameroonian soldiers were shelling Boko Haram hideouts; and while AU was electing a…
Feb 07, 2015
President Francois Hollande on Friday told African leaders and businessmen that France was ready to pump more money into Africa's projects. At the Africa-France summit held in Paris, Hollande pledged…
Feb 03, 2015
Ghana and Nigeria’s persistent trade war must be resolved through the adoption of strategic and innovative ways to deepen social and economic diplomacy within the sub-region, Ambassador William Azumah Awinador-Kanyirige,…
Feb 03, 2015
West African countries launched on Monday a project on easy and standard registration of medicines produced in the sub-region. "It will help to streamline the regulatory assessment for new drug…
Feb 02, 2015
African companies and government officials transfer at least $50 billion out of Africa illegally each year, the Tax Justice Network Africa has revealed citing a joint United Nations and African…
Jan 30, 2015
President of the Dangote Group, Alhaji Aliko Dangote yesterday said Nigeria will be the largest exporter of urea in Africa by 2017. Dangote stated this at an interactive session between…
Jan 30, 2015
Zimbabwean President Robert Mugabe believes the African Union is kowtowing to the West and if he takes over leadership of the organisation, he wants to make it a leader on…
Jan 29, 2015
A spokesman for the U.N. Secretary-General Ban Ki-moon says he will be attending the African Union heads of state summit in Addis Ababa, Ethiopia, and that the threat posed by…
Jan 28, 2015
China on Wednesday offered a spirited defence of its aid to Africa, rejecting charges of “concrete diplomacy” following a major infrastructure deal with the continent. China and the African Union…

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