Following lawsuits alleging environmental and social harms, TotalEnergies hires former Benin PM to assess land acquisition practices for Uganda oil and EACOP pipeline projects.

BYD has surpassed Tesla as the world’s top electric vehicle maker, marking a significant shift in the global EV market.

Cameroon’s fuel subsidy dilemma highlights challenges of balancing economic priorities.

The United Arab Emirates (UAE) has finalized negotiations for a bilateral trade agreement with the Republic of Congo.

Maersk disclosed on December 24 its intentions to reinitiate Red Sea routes for both eastbound and westbound journeys

Morocco seeks post-Brexit trade, security deal with UK, calling itself “gateway to Africa.” Tomatoes, cars and renewable energy on the table.

East Africa’s giant, Ethiopia, officially defaults, highlighting the impact of COVID and conflict on African economies.

Nigeria seizes 2 banks allegedly bought by ex-Central Bank Governor Emefiele with “ill-gotten wealth.” Charges of fraud, corruption against him also ongoing.

Shipping giant to resume transit through crucial waterway after multinational security initiative announced against Houthis

Amid escalating tensions in the Red Sea, vessel tracking data has revealed a significant shift in global shipping routes

Crypto transactions resume in Nigeria under a new regulatory framework designed to mitigate risks.

The newly issued guidelines outline specific directives for banks and financial institutions regarding the opening of accounts, providing designated settlement accounts and services

IMF backs Zambia but warns delay in revamped debt deal hampers economic rebound.

Diamantino Azevedo, Angola’s Mineral Resources and Petroleum minister, expressed that the decision to depart from OPEC was a carefully considered one

Bafokeng mine strike resolved, but tensions remain in South Africa’s mining sector.

Ghana economic slowdown, industry struggles, debt restructuring needed.

Investors flock to Botswana’s Namibian port rail project, eyeing faster trade and bypassing South Africa’s delays.

The signing ceremony in Nairobi witnessed the presence of Kenyan President William Ruto and EU Commission Chief Ursula Von Der Leyen

Forget oil, Egypt’s new export heroes are marble, cement, and chemicals! Trade with Africa surges 13%, hitting $6 billion in just 10 months.

The announcement closely follows Kenya’s recent commitment to dispatch 1,500 workers to Israel

North Africa’s de-dollarization move is not just about currency; it reflects a broader shift in geopolitical and economic alliances in the region.

‘This is a testament to Somalia’s unwavering commitment to economic reforms,’ says IMF managing director

The African Development Bank (AfDB) has approved $696 million in financing for a rail project that will connect Tanzania, Burundi, and the Democratic Republic of Congo.

This surge in trade initiatives aims to counterbalance China’s escalating influence across the continent