Economic Policies

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Egypt to drill 480 oil wells in $5.7 billion push to reverse declining crude output

Egypt to drill 480 oil wells in $5.7 billion push to re...

Egypt plans to drill 480 exploratory oil wells over the next five years under an...

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U.S. report lists parts of Africa as global terrorist safe havens amid rising insecurity

U.S. report lists parts of Africa as global terrorist s...

Africa’s struggle against violent extremism remains a defining security challeng...

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Libya to print $11 billion worth of dinars to ease cash crunch

Libya to print $11 billion worth of dinars to ease cash...

Libya’s central bank said it had authorised the printing of 60 billion Libyan di...

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Global steel giant to exit South Africa with $460m takeover imminent

Global steel giant to exit South Africa with $460m take...

Talks between global steel giant ArcelorMittal and South Africa’s Industrial Dev...

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Banks from Egypt, Kenya, and Nigeria dominate Africa’s top 100 banks' ranking for 2025

Banks from Egypt, Kenya, and Nigeria dominate Africa’s ...

Banks from Egypt, Kenya, and Nigeria have emerged as the strongest performers in...

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British oil giant Shell approves $2 billion offshore gas project in Nigeria to boost LNG supply

British oil giant Shell approves $2 billion offshore ga...

A British oil company, Shell (SHEL.L), has approved the $2 billion development o...

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Meet the African architect making ‘Africa great again’ by building cities that cost nothing

Meet the African architect making ‘Africa great again’ ...

Across Africa’s skylines, from Dakar to Lomé, one name consistently echoes in co...

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Africa’s copper powerhouses poised for revenue gains as prices hit 17-month high

Africa’s copper powerhouses poised for revenue gains as...

As global copper prices surge to a 17-month high, Africa’s two leading producers...

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Shoprite’s Pieter Engelbrecht cashes in big as 2025 earnings hit $4.6 million

Shoprite’s Pieter Engelbrecht cashes in big as 2025 ear...

Shoprite’s Chief Executive Officer, Pieter Engelbrecht, has received a total pay...

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Rwanda eyes bigger share of Africa’s $4trn service market under AfCFTA

Rwanda eyes bigger share of Africa’s $4trn service mark...

Rwanda is accelerating efforts to grow its service exports under the African Con...

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Peace in the Middle East: How Gaza truce could reboot Africa’s trade

Peace in the Middle East: How Gaza truce could reboot A...

A ceasefire declaration signed yesterday at the Sharm el-Sheikh summit, involvin...

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France airlifts Madagascar’s embattled President to safety as his regime collapses

France airlifts Madagascar’s embattled President to saf...

France has airlifted Madagascar’s President Andry Rajoelina out of the country a...

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Dangote speaks on the concerning narrative that could impede investment in Nigeria

Dangote speaks on the concerning narrative that could i...

Africa’s richest man and chairman of the Dangote Group, Aliko Dangote, has warne...

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French aerospace giant Safran invests €320 million to build Airbus engine line in Morocco

French aerospace giant Safran invests €320 million to b...

French aerospace giant Safran has signed two major agreements with Morocco to es...

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Africa’s richest man, Aliko Dangote, is closer than ever to the $30 billion mark

Africa’s richest man, Aliko Dangote, is closer than eve...

Since the inauguration of the Dangote Oil Refinery, the owner of the factory, an...

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Medusa submarine cable linking Europe to Sub-Saharan Africa begins deployment

Medusa submarine cable linking Europe to Sub-Saharan Af...

The €342 million Medusa submarine cable project, designed to strengthen digital ...

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