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Africa News
Qatar Airways acquires 25% stake in S.Africa’s Airlink
Qatar Airways Group announced on Tuesday the acquisition of a 25 per cent stake in Airlink, Southern Africa’s major…
Ghana begins construction of $12b oil refinery
Ghanaian President Nana Akufo-Addo has launched the construction of a 300,000 barrel-per-day oil refinery in…
China-Africa economic ties reach new highs – official
China has underscored its deepening economic and trade cooperation with Africa since the 2021 Forum on China-Africa…
Egypt’s CBE hosts 2nd annual training for African c. banks
The Central Bank of Egypt (CBE) is hosting a training programme on The Application of Big Data Analysis and…
Morocco’s CPI down by 0.2% in July
Morocco's consumer price index (CPI) decreased by 0.2 per cent in July, driven by a 0.5 per cent drop in the food…
Kenya to reintroduce tax measures in parliament – TV report
Kenya's government plans to reintroduce tax measures to parliament that were previously withdrawn in June following…
UAE’s AMEA Power signs 300MW wind farm deal in Ethiopia
Ethiopia signed on Saturday a power purchase and a project implementation agreement with UAE’s AMEA Power to…
S. Africa’s c. bank expected to cut rates in Sept.
South African Reserve Bank is anticipated to cut interest rates on September 19, lowering its benchmark interest…
Nigeria headline inflation eases to 33.40% in July
Nigeria's headline inflation rate eased to 33.40 per cent in July 2024, down from 34.19 per cent in June 2024. This…
IsDB funds Morocco’s water initiative
The Islamic Development Bank (IsDB) has extended financing of $84.8 million to the National Office of Electricity…