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Latest news on business news from Africa.
Kenya’s Purple tea finds favour with health conscious consumers
Kenya is the world’s biggest exporter of black tea and the crop is one of the country’s top hard currency earners,…
African fintech firm Flutterwave raises $170 million from investors, eyes U.S.…
Africa-focused payments company Flutterwave has raised $170 million from investors to expand its customer base,…
Mali in West Africa used by Venezuela to ‘refine and sell off gold’
Venezuela's cash-strapped government sent gold to Mali last year in Russian-owned planes to exchange it for…
Nigeria’s leading independent energy firm posts over $530m revenue in 2020
SEPLAT Petroleum Development Company Plc, a leading Nigerian independent energy company listed on both the…
MAIROBOT: Nigerian students build coronavirus, Ebola care robot
In Nigeria, a group of students have built a machine they hope can one day help hospitals remotely treat COVID-19…
Chad requests for debt overhaul under G20 common framework
The International Monetary Fund said on Wednesday that Chad has officially requested a debt restructuring, the…
Tanzania: President Magufuli rallies farmers to increase food production, feed the…
Tanzania's President John Magufuli has rallied farmers in his country to increase food production, predicting…
IMF says board approves $487.5 million disbursement to Angola
The International Monetary Fund said on Monday its executive board approved a disbursement to Angola of about…
From 14.89% last year, Nigeria sees inflation at 11.95% by end 2021
Nigeria expects inflation to decline to 11.95% by end-2021 from 14.89% last year, Finance Minister Zainab Ahmed…
After 3years of severing ties with Doha, Egypt reopens airspace to Qatari flights
Egypt will reopen its airspace to Qatari flights following the resumption of relations after a summit in Saudi…