Shell will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a blow to the southern African country’s efforts to become a crude producer.

Ghana’s new government could seek extra funding from the International Monetary Fund during its current, three-year programme with the lender in order to cushion the economy, finance minister ...

Nigeria and China plan to deepen cooperation in areas such as clean energy, defence and finance, with China pledging support for Nigeria’s issuance of Panda bonds to fund infrastructure, the two ...

Maxwell Nsona stood in the dried-out bed of the Nthumba River in Malawi’s southern Chikwawa district and recalled how this ...

Ghana’s new President John Dramani Mahama has named chartered accountant and leader of Parliament Cassiel Ato Forson as finance minister, the presidency said in a statement on Thursday. Mahama, who ...

In an exclusive one-on-one, Rene Murerwa, Chief Tourism Officer at the Rwanda Development Board delves into Rwanda's visionary tourism strategy, showcasing how innovation, sustainability, and ...

The Kenyan and Ugandan shillings, Ghanaian cedi and Zambia’s kwacha are all expected to ease against the dollar in the next week to Thursday, traders said. KENYA Kenya’s shilling KES= is forecast to ...

President-elect Donald Trump has repeatedly called for the elimination of the federal Department of Education. Where someone ...

China Development Bank has released a $254.76 million loan to Nigeria for a railway project linking the two northern states ...

Zambia’s kwacha ZMW= has hit a series of record lows since the start of the year as a severe drought keeps the pressure firmly on the copper-producing Southern African country’s economy. Analysts had ...

Tanzania’s central bank left its key interest rate TZINTR=ECI unchanged at 6% on Wednesday, holding it steady for a third ...

Ghana’s consumer inflation GHCPIY=ECI rose for a fourth month in a row in December, to 23.8% year on year from 23.0% in November, the statistics service said on Wednesday. Government statistician ...