Business News

Libyans swap jewelry for medical treatment as crisis bites

In a square behind Libya’s central bank, black market dealers, some of them armed, carry small plastic bags filled with ...
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Zimbabweans turn to bitcoin as local dollars collapse

For most investors around the world, bitcoin is a volatile and highly speculative bet. For Zimbabweans, however, the cryptocurrency seems ...
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Exclusive: South Sudan’s government using food as weapon of war – U.N. report

 South Sudan's President Salva Kiir Mayardit arrives at Khartoum airport, Sudan November 1, 2017. South Sudan President Salva Kiir’s government ...
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Twitter suspends ‘broken’ verification system

 The Twitter logo is shown at its corporate headquarters in San Francisco, California April 28, 2015.  Twitter has suspended its ...
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Zimbabwe renames main airport after Mugabe, plans $153 million upgrade

Zimbabwe will upgrade its main airport at a cost of $153 million in an effort to attract more visitors, state ...
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South Africa’s economy faces major challenges -central bank head

South Africa’s economy faces major challenges and government needs to win back the confidence of businesses and investors by tackling ...
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Qatar retools after boycott by top auto parts supplier Dubai

Buildings are seen from across the water in Doha, Qatar June 5, 2017. The SUV has fallen foul of the ...
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U.S. demands CNN or DirecTV sale to approve AT&T/Time Warner deal: sources

U.S. antitrust regulators want AT&T Inc (T.N) to sell either the parent company of CNN or its DirecTV satellite television ...
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Nigeria set to overtake India with most people living in poverty

 'Nigeria set to overtake India as having the most people living in extreme poverty in the world' - World Poverty ...
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Africa set to top 1 billion mobile internet connections in five years: study

A street vendor adjusts the internet settings on a customer's mobile phone in Harare, Zimbabwe, January 13, 2017. Africa’s mobile ...
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Kosmos expects to resume drilling on Ghana’s TEN project in early 2018

Kosmos expects to resume drilling on Ghana's TEN project in early 2018 Kosmos Energy Ltd said it expects to resume ...
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One million Kenyans to lose jobs during opposition economic boycott

 One million Kenyans to lose jobs during opposition economic boycott One million Kenyans risk losing their jobs if NASA goes ...
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Nigeria supports OPEC cut extension under ‘the right terms’

Nigeria supports OPEC cut extension under 'the right terms' Nigeria supports an extension of a deal between OPEC, Russia and ...
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Libyan state oil firm confirms ‘security breach’ at El Sharara oilfield

Libya’s state oil company said there had been a “security breach” at the 186 station of its southern El Sharara ...
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Italy seizes 100 tonnes of diesel on ship sailing from Libya

Italy seizes 100 tonnes of diesel on ship sailing from Libya Italian police said on Saturday they had seized more ...
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Diamond Bank to sell West Africa units to focus on Nigeria

Nigeria’s Diamond Bank is quitting other West African markets to focus efforts at home and deploy its resources on personal ...
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First UK interest rate rise in 10 years

For the first time in more than 10 years the Bank of England has raised interest rates. The official bank ...
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Saudi Arabia will soon begin issuing tourist visas

Saudi Arabia plans to start issuing tourist visas "soon", authorities said Tuesday, as the ultra-conservative kingdom seeks to attract international ...
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Namibia scraps visas for Africans

Namibia has gotten the ball rolling on plans to scrap visa requirements for African passport holders after Cabinet authorised the ...
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Nigeria among most improved countries in World Bank’s Ease of Doing Business list

 People walk past roadside stalls with umbrellas in the central business district, near Marina in Lagos, Nigeria December 13, 2016 ...
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