Nigeria imported about 61.7 million barrels of U.S. crude worth roughly $4.9 billion between 2024 and 2026,...
Business
Business news from Africa covering markets, investment, trade, startups, commodities, and economic trends shaping the continent.
The US DFC has committed $50 million to support South Africa’s Phalaborwa rare earths project, which aims...
Rhodium is now the world’s most expensive mineral, worth about $10,000 per ounce. South Africa makes nearly...
Rising costs and cheap imports have pushed South Africa’s sugar industry into a fragile position, exposing deeper...
Kenya’s Mrima Hill tender requires local processing as AfCFTA data shows intra‑African trade stuck at 15%.
Namibia’s Ministry of Mines and Energy has warned retailers against withholding supply after queues formed across Windhoek...
South Africa’s International Relations Committee has called for a single African currency, linking sovereignty to unity at...
Afreximbank urges faster AfCFTA rollout, introducing the Adjustment Fund in Lagos to support countries & businesses through...
Tanzania’s Parliamentary Committee on Infrastructure has urged government to fast‑track the National ICT Backbone extension into DR...
The Environment and Land Court’s dismissal of the Ritz-Carlton Maasai Mara case was procedural, not substantive. Ecological...