Halima Dangote takes charge of Dangote Group Commercial Operations

Halima Aliko Dangote has been appointed as the Group Executive Director, Commercial Operations of Dangote Industries Limited one of Africa's largest and most diversified business conglomerates.

African oil states offer new deals to lure more selective investors

Lower prices and increasing competition for investment are driving many African states to make it easier and cheaper for overseas companies to keep their oil and gas output flowing.

West African CFA-Franc nations plan to move reserves from France

Francophone nations in West Africa want more control over the management of their currency and plan to move some reserves from France, said Beninese President Patrice Talon.

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Zimbabwe central bank to introduce new dollar note, coins

Zimbabwe’s central bank will introduce some notes and coins in the Zimbabwe dollar currency in the next two weeks, the latest step towards restoring the domestic currency, central bank governor John Mangudya said on Tuesday.

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Gold hits 2-week high on weak U.S. data

Gold rose to a two-week high on Friday, holding above the $1,500 an ounce psychological level, as weak U.S. economic data spurred expectations for another interest rate cut by the Federal Reserve, while palladium scaled a fresh peak.

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Reaping wind at sea could become $1 trillion industry - IEA

Offshore wind could become a cornerstone of the world’s power supply as steep cost reductions and improved technology unleash the potential of the green energy source, said the International Energy Agency (IEA) on Friday.

Posted: 17 days ago   Views: 1368
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Global Business Forum Africa 2019 in Dubai attracts high-level participation

Heads of state, ministers, high-ranking government officials and prominent business leaders from Africa have confirmed their participation for the fifth edition of the Global Business Forum Africa in Dubai.

Posted: 19 days ago   Views: 717
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China’s pork shortage puts dog, rabbit meat back on menu

Due to its spiralling price, China’s most popular meat, pork, is nowhere to be seen. Instead, many locals are opting for a traditional dish that had lost appeal until recently.

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Exxon accused of misleading investors on climate change

An unprecedented climate change lawsuit against American oil giant Exxon Mobil is set to go ahead in New York.

Posted: 20 days ago   Views: 573
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Why central bankers got serious about digital cash

What central banks once sneered at, they’re now scrambling to master.

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China asks WTO for $2.4bn sanctions against U.S. in latest clash

China is seeking $2.4 billion in retaliatory sanctions against the United States for failing to comply with a World Trade Organization (WTO) ruling in a case that highlights White House complaints about the global trade body.

Posted: 20 days ago   Views: 411
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African debt stabilising but region faces headwinds - IMF

Sub-Saharan Africa’s public debt load is stabilising but the region’s economies face mounting headwinds due to slowing global growth that will weigh on exports, the International Monetary Fund (IMF) has said.

Posted: 21 days ago   Views: 697
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