UK signs African trade agreements before Brexit

The UK government says it has signed 11 trade agreements with African countries, just over a week before it officially leaves the European...

Somalia ‘invited Turkey to explore oil in its seas’

Turkish President Tayyip Erdogan has said that Somalia invited Turkey to conduct oil exploration in its seas, news agency Reuters quotes private broadcaster NTV...

Investors should see Africa as a place to make a decent profit

UK and international firms should see Africa as a place where they can make a profit, not just do charitable work - according to...

Gold exports make up half of Tanzania export earnings

Tanzania's gold exports accounted for 51.4 per cent or half of the non-traditional export goods, and increased by 41.9 per cent to earn $2,139.9...

BP encounters gas in drilling offshore Mauritania, Senegal

BP Plc (BP.L) on Monday said a three-well drilling programme offshore Mauritania and Senegal encountered gas in “high quality”, bolstering its confidence in gas...

Dangote Petroleum Refinery to save Nigeria in excess of $11b

Minister of Finance, Budget & National Planning, Zainab Ahmed said Dangote Petroleum Refinery will stablise the micro economy by saving the nation 11 billion dollars...

Culture and Doing Business in Africa

OPINION- By Rafiq Raji Lagos — ... my framework relies on these factors - culture, doing business ranking, EM status,...

UAEIIC plans to double Emirates investments in Egypt to $14bn: SG Al Jarwan

The UAE International Investors Council (UAEIIC) aims to double the Emirates investments in Egypt to $14bn during the next five years, compared to $7.2bn...

South African mines grind to halt as floods deepen power crisis

Mines across South Africa shut down on Tuesday after flash flooding triggered the most severe power blackouts in more than a decade, threatening a...

Ghana, China Trade Hit U.S.$7.3 Billion

Trade between Ghana and China stood at US$7.3 billion, making Ghana the 7th largest trading partner of China in Africa in 2018,...

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UK investors urged to deepen economic ties with Africa

The 2020 UK-Africa Investment Summit was attended by Mauritanian President Mohamed Ould Cheikh el Ghazouani and Egyptian President Abdel Fattah el-Sisi.

World’s second largest diamond the size of a tennis ball discovered in Botswana

In a unique collaboration, luxury fashion house Louis Vuitton is all set to transform a rare and...

UK-Africa trade and investment: who benefits?

There has been much hype about a major Africa investment summit being hosted by the UK. Attended by Prime Minister Boris Johnson and an array of royals,...