Category : ECONOMY

Zimbabwe’s President Robert Mugabe is seen with Vice Presidents Phelekezela Mphoko (R) and newly-sworn in Emmerson Mnangagwa (L) at the State House in Harare,  China...

Workers at the Merkato in Addis Ababa, Ethiopia. The Merkato is one of the largest open-air markets in Africa.Ilia Torlin / Shutterstock.com   Written by...

The good news for Egypt: Inexpensive oil means the government needs to spend less on its fuel subsidies for its energy-hungry population of 86 million...

The sharp decline in world petroleum prices – hailed as a bonanza to millions of motorists in the United States – is threatening to undermine...

THE Reserve Bank of Zimbabwe on December 5 unveiled a set of new bonded coins worth $10 million, which as started circulating on December 18,...

Following the restructuring of its plants in Britain and Kenya, Tata Chemicals Limited (TCL) is hoping to generate profits from its plants in Kenya this...

Egypt will pass laws next week related to mining and the allocation of industrial land as it pursues reforms to attract foreign investors deterred by...

Pura Vida Energy has secured a better shot at making a 1.4 billion barrel oil strike in its Mazagan permit off the coast of Morocco...

Newcrest and Harmony have gone back to the drawing board on Wafi-Golpu. Results come Monday. Author: Kip Keen Monday could be a day of redemption...

    World Bank President Jim Yong Kim Wednesday announced a grant of 160 million U.S. dollars to support the fight against the Ebola disease...

The Government of Ghana today took steps towards enhancing fiscal transparency and promoting the financial inclusion of its citizens by committing to a United Nations-backed...

The 166th Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) was held in Vienna, Austria, on Thursday, 27th November 2014...

Nigeria’s lifting of its interest rate for the first time in three years, and simultaneouscurrency devaluation, may stave off more drastic action in the three...

King Mohammed VI of Morocco will pay an official visit to the China on November 27 at the invitation of Chinese President Xi Jinping, the...

BHP Billiton Ltd., the world’s biggest mining company, plans to take a scalpel to capital spending and costs to bolster cashflows as iron ore and...

  Auroch Minerals (ASX:AOU) has progressed a metallurgical test program on the Fair Bride sulphide orebody at its Manica project in Mozambique that achieved primary...

                    Dangote Group, controlled by Africa’s richest man, expects an oil refinery it is building in...

“Niger’s overall macroeconomic performance has been generally satisfactory. Economic growth slowed to 4.1 percent in 2013 largely due to the adverse climatic conditions on agricultural...

IMF Executive Board Approves US$5.4 million Disbursement Under the Rapid Credit Facility for Guinea-Bissau The Executive Board of the International Monetary Fund (IMF) approved today...

Oil workers under the aegis of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association...