Zambia’s copper production surges in 2024
Zambia’s copper production witnessed a 12% increase in 2024, reaching roughly 820,670 metric tons, driven by improved performance at key mines.
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business
Moses Madondo named CEO of South African coal miner Thungela
Madondo will succeed July Ndlovu, who is retiring.
Moses Madondo named CEO of South African coal miner Thungela Read More »
Mozambique counts on LNG projects for economic transformation
Mozambique’s president stated that the terms of planned LNG projects with TotalEnergies and ExxonMobil will not be reviewed as the contracts are new and not yet operational.
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UAE expands trade ties with Kenya, partners
The United Arab Emirates has signed comprehensive economic partnership agreements with Malaysia, Kenya, and New Zealand.
UAE expands trade ties with Kenya, partners Read More »
Ethiopia revives securities trading in push for economy
Ethiopia has launched its first securities exchange in decades, aiming to attract private investment and liberalize its economy under Prime Minister Abiy Ahmed’s reforms.
Ethiopia revives securities trading in push for economy Read More »
Inflation slowdown in Egypt amid economic woes
Egypt’s annual inflation rate slowed to a two-year low of 23.4% in December, according to the state statistics agency.
Inflation slowdown in Egypt amid economic woes Read More »
Disney restructures Africa business, appoints new president
Tony Chambers, a seasoned Disney executive, has been named president of the company’s Europe, Middle East, and Africa region, succeeding Jan Koeppen.
Disney restructures Africa business, appoints new president Read More »
Nigeria to establish credit guarantee company
President Bola Tinubu announced the establishment of a National Credit Guarantee Company in May to expand credit access for businesses and individuals in Nigeria.
Nigeria to establish credit guarantee company Read More »
Russia lowers costs for wheat exports to Egypt
The exporters are seeking solutions to reduce transaction costs and ensure the continued flow of wheat exports to Egypt.
Russia lowers costs for wheat exports to Egypt Read More »
Kosmos Energy scraps proposed acquisition of Tullow oil
Kosmos Energy has abandoned its pursuit of acquiring West Africa-focused oil and gas company Tullow Oil.
Kosmos Energy scraps proposed acquisition of Tullow oil Read More »