Africa-China: Coronavirus hurts business [Business Africa]
African economies are also affected by the coronavirus, with China as their largest trading partner.* Until a few weeks ago,…
From CFA Franc to Eco: the end of an era? [Business Africa]
Ivorian President Alassane Ouattara announced an overhaul of the CFA franc, a currency used by eight states in West and…
AU seeks to double intra-Africa trade by 2021
Free Trade in Africa* The African Union is working to actualize the Continental Free Trade Area in Africa. The AU…
Madagascar issues new bank notes
Madagascar issues new notes in denominations of of 20, 10, 5 and 2 000 Ariary effective this July . A…
Congo-Cameroon fiber optic project, a medium for regional interconnectivity [Business Africa]
Fiber optic between Congo and Cameroon Interconnectivity between Central African countries including Cameroon and Congo Republic is about get better…
Yellow Relay, growing French Africa relations [Business Africa]
Africa has always been known to be behind on so many innovations that begin in developed countries of the world.…
Mozambique: Africa’s longest suspension bridge to attract more investments [Business Africa]
Global airlines expects $80b profits At the general meeting of the International Air Transport Association (IATA), the heads of global…
Africa prevails in the OPEC in member numbers [Business Africa]
Today Africa prevails in the OPEC, at least in member numbers.* The Republic of Congo is the latest to join…
Ethiopia’s industrial zone thrives despite economic downturn [Business Africa]
Bole Lemi , Ethiopia’s thriving industrial sector* Ethiopia’s Bole Lemi Industrial Zone is a project that covers 156 hectares. It…
Ghana’s unprecedented bamboo bikes [Business Africa]
Ghana’s Eco-Friendly Bamboo Bikes Ghana’s Bamboo made bicycle is fast gaining world recognition while increasing youth employment. Boomers International ……
Champagne consumption in Gabon impacting the economy [Business Africa]
The sales of champagnes are in full boom in Gabon. The Central Africa country with 1.8M inhabitants is one of…
Africa’s economic challenges in 2017 [Business Africa]
Africa’s economic challenges in 2017 It’s been a tough ride for most African economies in 2016, with the plunge in…
NIGERIA’S $16 BILLION OIL PROJECT
Nigeria will now produce 200000 extra barrels of oil per day within a few months. … READ MORE … source
Mismanagement of Africa’s natural resources [Business Africa]
The continent faces various challenges including poor management of its resources by governments. In its latest report, the United Nations…
How African countries could benefit from the joint trans-sahara pipeline project [Business Africa]
Morocco, Nigeria agree on steps for gas project In December 2016, an announcement was made of a 5000 km Nigeria-Morocco…
A recap on Business Africa’s top stories
As we celebrate the 100th episode of Business Africa we are taking some time out to review the major stories…
African Union launches ambitious offer for ‘world’s largest free trade area’ [Business Africa]
AU launches continental free trade zone … READ MORE … source
Angola wants to have a share of the booming industry of banana production [Business Africa]
Banana fair prestige of agricultural activity Almost all African countries produce a significant amount of banana, but only a few…
Tough times ahead for Ghana’s new president Nana Akufo-Addo [Business Africa]
Nana Akufo-Addo has officially began work as president of Ghana, the new head of state will have to tackle enormous…
Franc CFA losing its value while Ghana and Guinea increase cocoa and cashew production
Ghana’s increment of producer price of cocoa, the Franc CFA and cashew production in Guinea are the focus of Business…
Burkina Faso’s strawberry business strives for international standards [Business Africa]
Burkina Faso strawberry business The Burkinabe strawberry market is trying to impose itself in the international market. Made in Burkina…
Central African states diversify economies & we focus on Ghana cocoa farmers’ pension…
Central African states diversify economies* Transforming the agro-industry is a major target for the The Development Bank of Central Africa…
Actors in agricultural production up their game in packaging [Business Africa]
Packaging Agricultural products African investors have been urged to improve the packaging of their produce if they hope to meet…
Africa: Mega data will generate $210 billion in 2020 [Business Africa]
Burkinabes urge to consume local products Promoting Made in Burkina Faso products within the country’s own population has been advocated…
West Africa’s regional exchange woos investors in London [Business Africa]
West Africa’s regional exchange, Bourse Régionale des Valeurs Mobilières (BRVM), which links eight West African countries with a stable currency…
Morocco retains the top spot for investment in Africa [Business Africa]
Morocco’s economy continues to see an accelerated growth. In this year’s Ernst & Young Africa attractiveness Index, the country retained…
Kenya and Ethiopia, rising economic giants [Business Africa]
Rising economic giants Nigeria and South Africa may be out of recession, however Kenya and Ethiopia might soon outshine these…
DRC economy facing hardship [Business Africa]
DRC economy facing hardship The Democratic republic of Congo, Africa’s first copper producer, is going through a declining economic crisis…
Angola looks to tourism while China’s manufacturing pace slows [Business Africa]
Angola looks to tourism In a bid to diversify its economy in the midst of oil crisis. Angola is shifting…
Angola bets on Agriculture and Morocco’s debatable Plan for Sub Saharan Africa [Business Africa]
Angola bets on Agriculture Angola has been on the spotlight for looking into diversifying its economy from oil and gas…
Senegal’s national revenue is in surplus with over 560 billion CFA [Business Africa]
Senegal economic situation Recent statistics released by the Senegalese office of economic planning, policies and finance revealed the national revenue…
Why African flights are so expensive [Business Africa]
African airlines urged to reduce fares With a population estimated at over a billion, Africa accounts for only 1% of…
Global business of secondhand clothes thrive in Africa [Business Africa]
It’s big business* Heaps of clothes, scorching heat and choking dust, hawkers chanting prices, competing for the attention of shoppers,…
Lyon hosts African agricultural fair [Business Africa]
In a bid to achieve a sustainable agro industry, the Auvergne-Rhône-Alpes region organized an International Exhibition where business leaders and…
Senegal to open new $575 million airport [Business Africa]
The largest airport in Senegal is set to open soon. Blaise Diagne International will have initial capacity for three million…
EU launches economic development fund for Africa
EU launches $47b fund for Africa The EU has a 47 billion dollar fund for Africa. The African Economic Development…
Nigeria plans 60% local refining capacity before the end of the year
Nigeria: refining capacity Nigeria is a giant oil producing nation with four oil refineries yet largely depends on oil imports.…
Rwanda dreams big in essential oil production [Business Africa]
Somalia real estate For roughly twenty three years the civil war in Somalia had ruined basic infrastructure in the country.…
Nigeria power crisis, Togo kinkeliba tea & DRC micro financing [Business Africa]
Nigeria power crisis Egbin power plant being Sub-Saharan Africa’s largest electricity facility, faces a continuous shortage of gas supply caused…
Senegal, set to attract south-east Asia investors [Business Africa]
Senegal ready for Chinese investors Chinese investors are increasingly projecting Senegal as a business destination due its geographical location and…
World bank on African countries debts stock [Business Africa]
IMF on Africa’s debt The International Monetary Fund has raised concerns about the debt burden of some African countries between…
AU- EU summit focuses on investing in youth for a sustainable future [Business Africa]
Youth employment dominates AU-EU summit* It’s been ten years since the adoption of the joint Africa-EU Strategy. At the fifth…
Rwanda’s emerging economic growth [Business Africa]
Rwanda’s emerging economic growth Rwanda is heading to the polls to elect a new president. Almost 6.8 million voters are…
Africa-U.S. AGOA trade talks deadlock [Business Africa]
Africa-U.S. AGOA trade talks deadlock Trade delegates who met in the Togolese’s capital Lome for the African Growth and Opportunity…