News

September 2008 laws already set $185-$340 axle tax on trucks >3.5t, but never applied. • Kongo Central was picked first because Matadi port handles the bulk of the national freight. • FONER plans a ...
Nigerian oil firms expand in Africa, led by FIRST E&P’s new deal in Tanzania. • Past ventures include projects in Equatorial Guinea, Uganda, and Namibia. • Local firms gain ground as global majors ...
M&A deals in African tech hit a record 29 in H1 2025, led by fintech and market consolidation. • 20 startups expanded regionally or globally, with Nigeria and Egypt leading. • Funding rose 78% to ...
Kenya plans tea export deal with Algeria, discussed at UN summit. • Part of effort to diversify markets beyond top 10 buyers. • Algeria's tea market is dominated by China, posing entry challenge.
Tanzania opens Kwala dry port July 31 to ease Dar es Salaam congestion. • Rail link boosts trade with Rwanda, Burundi, and DRC. • Part of broader logistics and infrastructure upgrade. Tanzania is ...
The Medusa Submarine Cable System is a critical investment in the region’s digital future, especially at a time when demand for data and bandwidth is accelerating across Africa and the Mediterranean ...
Treasury banned Bain for 10 years (2022-32) after probes found collusion with ex-SARS chief Moyane and President Zuma to cripple SARS. Staff fell from 135 (2016) to ~87; 60 % redeployed to a new ...
Africa’s 2024 FDI jumped to USD 97 bn (+75 %), but almost two-thirds came from Egypt’s USD 35 bn Ras El-Hekma smart-city; excluding it, growth was only 12 %. The continent secured barely 5 % of the ...
The agreement states that students will exchange for a semester or a year each year. It also includes joint research focused on tropical-ecosystem preservation, climate-change mitigation, and ...
The scope of future digital cooperation with Turkey is yet to be defined. Gabon set four priorities: modernise public administration, expand infrastructure, secure data, train digital talent. Ongoing ...
Angelique International will establish a tractor-assembly facility in the DRC. The company already runs similar plants in six African countries and is executing the Kakobola dam project in the DRC. It ...
CCBA invested $20.4 million to expand its Midrand plant’s production capacity. The new line will bottle 72,000 units per hour, targeting growing demand for Bonaqua and Powerade. This is part of a ...