Africa

Francophone states of the West African Economy agreed on dropping the use of CFA Franc. It was created in 1945 by…

The dollar index slipped slightly on Monday but was little changed from Friday’s close as financial markets waited…

Research shows illicit money from Africa going to developed countries is a far larger than aid coming from them…

INTERNATIONAL - Nigeria is considering selling shares in its state oil company, which dominates Africa’s biggest…

Africa’s top currencies have been hit greatly this year as a result of the coronavirus pandemic, but the Egyptian…

Nigerian non-oil exporters are tapping sea transport to reach the neighbouring west and central African markets as…

African central banks meeting in the next two weeks may decide that they’ve done all they can for now to shore up…

Nigerian banks seeking to escape the malaise gripping Africa’s biggest economy could find refuge by expanding in…

Paul Rusesabagina, portrayed as a hero in a Hollywood movie about Rwanda’s 1994 genocide, appeared in a Rwandan…

Bitcoin is seeing its practical use in the real world in Africa, where it is used as a hedge against currency…

Chad's Ndjamena refinery, in Djarmaya, 30 km (17 miles) from the capital, is providing regular daily shipments of…

Macky Sall had a bone to pick with creditors. Sitting before the head of the International Monetary Fund, investors…

Four months ago, Abolaji Odunjo made a fundamental change to his business selling mobile phones in a bustling…

The Africa Centres for Disease Control and Prevention (Africa CDC), on Sunday, said the number of coronavirus…

All 54 countries on the continent have expressed interest in COVAX, a global initiative which is co-led by the…

Ernst & Young, EY has explained the need for Nigeria and other African countries to reshape its tax agenda in…

Africa was declared free of wild polio on Tuesday by the independent Africa Regional Certification Commission…

Ivory Coast President Alassane Ouattara was formally chosen by his party on Saturday to run for a third term in an…

South African President Cyril Ramaphosa on Saturday announced that stringent Covid-19 regulations would be eased on…

Angola’s Supreme Court on Friday handed a five-year jail sentence to Jose Filomeno dos Santos, the son of the…

There is panic across the continent as the number of confirmed coronavirus cases in Africa has exceeded 1 million…

Even before the coronavirus pandemic, intra-African trade was set back by border bureaucracy, long delays at…

GORéE ISLAND, a former slave-trading hub, is so close to Dakar, Senegal’s capital, that hundreds of amateurs swim…

One of the forex market’s most attractive aspects is that it provides opportunities for novice and professional…

Transport delays from South Africa against a backdrop of increasingly robust Chinese demand have fuelled a price…

African Union, AU, and leaders of the continent have been urged to fast track implementation of the high-speed rail…

There is no recovery in sight yet for Africa’s worst-performing stock market as investors look to bank earnings…

Shoprite, Africa’s largest food retailer, told investors on Monday that it is considering a potential sale of ” all…

Shoprite, Africa’s largest food retailer, announced on Monday it is considering selling off its majority share in…

Shoprite Holdings could become the latest South African retailer to retreat from other African markets after it…