Granal, a subsidiary of the mining and quarrying division of Africorp Mining’s, has announced the acquisition of a 20 percent stake in the Colombus 1 investment fund, managed by Red Med Private Equity ...

The new African Union Commission Chairperson Mahmoud Ali Youssouf has visited the main base of the African Union Stabilization Support Mission in Somali (AUSSOM) on Monday. Youssouf who was his first ...

A Chinese company specialising in the cement sector would acquire a cement plant in Tunisia starting next week for over US$100 million, China’s ambassador to Tunis, Wan Li announced. In an interview ...

A joint summit of the Southern African Development Community (SADC) and the East African Community (EAC) has appointed a panel of eminent facilitators to mediate in the ongoing crisis in eastern ...

Naaman Elbouri, president of Libya’s private Assaray Trade and Investment Bank (ATIB) and Tadawul Financial Services, has proposed nine reform measures to avert the collapse of the dinar. This ...

It is more than a year since a controversial swap deal between Addis Ababa and the self-proclaimed republic of Somaliland nearly delivered Ethiopia access to a port on the Red Sea. In exchange ...

Ghana’s Minister of Foreign Affairs, Mr. Samuel Okudzeto Ablakwa, says that Ghana and Morocco have reached an agreement to initiate moves to waive visa requirements for all categories of travellers ...

Webb Fontaine’s innovative Webb Valuation system is transforming African customs operations, significantly reducing fraud and enhancing revenue collection through the power of artificial intelligence ...

Zimbabwe’s President Emmerson Mnangagwa will later Monday co-chair an extraordinary virtual summit of the Southern African Development Community (SADC) and the East African Community (EAC) to address ...

The Ethiopian Capital Market Authority Friday licensed five new capital market service providers (CMSPs), including first investment banks, marking a further expansion of capital markets in the East ...

A rebel group operating in Ethiopia’s Oromia region has kidnapped over 50 passengers as they were travelling from the capital, Addis Ababa. The passengers were heading to Debre Markos, a town in the ...

Botswana’s Vice President Ndaba Gaolathe has secured pivotal investment and trade agreements during a landmark mission across Europe, reinforcing the country’s global economic standing. According to ...