Economy & Trade

Live Updates: Israeli troops detain 25 more Palestinians in West Bank

Israel has killed at least 19,667 Palestinians and wounded more than 52,586 others in its brutal war on besieged Gaza, raging on its 75th day.

Egypt, Ethiopia trade blame over failed dam talks

Egypt and Ethiopia have traded blame over stalled negotiations on refilling of Ethiopia's mega dam, the GERD.

Indian business delegation visits Türkiye to boost bilateral trade

The delegation's engagements in Istanbul and Izmir followed Türkiye's successful economic collaboration mission to India last year.

African Development Bank to 'withdraw its staff from Ethiopia'

The African Development Bank will reportedly withdraw some of its workers from Ethiopia after an assault on employees in October 2023.

Delivery robots market expected to hit $30b in 2030

A new study has indicated that the market size of delivery robots will hit $30 billion by 2030.

Live Updates: Israel attacks Jenin, killing several Palestinians in West Bank

Israel's current war on besieged Gaza — now in its 69th day — has left at least 18,608 Palestinians dead and wounded more than 50,594 others, while thousands are feared dead under debris of bombed buildings.

Belinda Yesum: Finance graduate who found her calling as a crochet couture

Belinda Yesum is a Cameroonian fashion designer whose designs have gone viral on Facebook for their quality and colour, but above all because her creations are made from crochet needles and yarns of wool.

Surge in drug prices causes a health crisis in Nigeria

Drug prices in Nigeria have spiked as a result of inflation and the country's currency exchange value against the dollar plummeting, forcing many to take recourse to unapproved traditional alternatives and adulterated or

South Africa's shrinking economy signals trouble for ruling ANC party

The country is heading towards general elections in 2024 amid high unemployment and widespread disillusionment with the ANC.

Africa Development Bank gives Cameroon $80m loan for bridge

The bridge is expected to be an economic corridor between Cameroon, Equatorial Guinea, and Gabon.

Rival forces in Sudan trade fire across the Nile

Fighting between Sudan's rival forces continued near the Nile on Monday, with the two unrelenting sides firing at each other.

Global market for halal food, tourism hit over $5 trillion: Erdogan

With emerging needs and expectations, documentation and standardisation become very important, says Turkish president in video address to Halal Expo.

How Africa is quietly weathering the AGOA storm unleashed by the US

America's act of dropping four African countries from a trade agreement has prompted the sprawling, resource-rich continent to focus on its internal growth engine and pursue a rewarding model of economic integration and

Nigeria's ex-central bank chief gets bail after months in jail

Nigeria's former Central Bank Governor Godwin Emefiele has been granted bail after six months of remand.

AU urges 'positive competition' from Europe on investment

The African Union has urged Europe to embrace positive competition, when it comes to trade with Africa.

Everton deducted 10 points for financial rules breaches

The punishment, the biggest sporting sanction in the competition's history, leaves Everton 19th in the table.

Former Nigeria's central bank chief Emefiele remanded

Godwin Emefiele is facing 20 charges relating to corruption during his stint as the boss of Nigeria's highest bank.

Former Nigeria's central bank chief remanded

Godwin Emefiele is facing 20 charges relating to corruption during his stint as the boss of Nigeria's highest bank.

African Development Bank files complaint over Ethiopia arrests

The African Development Bank (AfDB) has formally complained over the arrest and assault of two staffers in Ethiopia last month.

Live Updates: Situation in West Bank 'potentially explosive' – UN rights chief

Israeli bombardment and land invasion in besieged Gaza — now in its 41st day — has killed about 11,500 Palestinians, including 4,710 children and 3,160 women, according to Palestinian authorities.

Astridah: The Zambian mother leading a financial revolution

Her struggle to raise a child with a handicap gave birth to a paradigm-changing concept of rural community banking that has now empowered thousands of such parents in five Zambian provinces.

South Africa fines foreign bank for 'currency manipulation'

South Africa has fined British bank Standard Chartered over alleged currency manipulation.

South Africa's economy adds more jobs as elections loom

The number of unemployed persons decreased by 72,000 to 7.8 million, official data show.

Nigeria's President Tinubu seeks to attract Saudi investment

The two OPEC oil producers signed a preliminary agreement, showing the political will to strengthen relations.