China is betting big on Egypt, and the gamble has now crossed $10 billion
CHINEDU OKAFOR During a government meeting to boost economic cooperation with China, Egyptian Prime Minister Mostafa Madbouly said that Chinese investment...
Rwanda leads Africa in youth optimism as 91% say country is on right track
Kelvin Jakachira Rwanda has emerged as the African country with the strongest youth confidence in its national direction, with 91%...
NCBA profit rises 12.2% to US$95.8m as digital lending and regional business drive growth
By Kelvin Jakachira NAIROBI, KENYA: NCBA Group PLC has reported a 12.2 per cent increase in profit after tax to...
Chad to scrap visa requirements for all Africans from January 2027
By Business Correspondent N’Djamena: Chad will abolish entry visa requirements for all African nationals from January 1, 2027, in a...
Tanzania, Uganda sign energy pact
By Hilda Magama Dar es Salaam — Tanzania and Uganda have signed a Memorandum of Understanding (MoU) to jointly develop...
Salah move to Trabzonspor sparks tourism boom in Turkey
Sports Correspondent The arrival of Egyptian football superstar Mohamed Salah at Turkish club Trabzonspor is already generating economic benefits beyond...
Tanzania dispatches ministers to Nigeria in fresh bid to secure Dangote investments
Business Reporter Tanzania has sent a high-powered ministerial delegation to Nigeria in a renewed push to attract billions of dollars...
UAE expands African footprint with billions in investments, raising geopolitical stakes
By a Correspondent The United Arab Emirates (UAE) is rapidly expanding its economic influence across Africa through multi-billion-dollar investments in...
Migrant exodus leaves South African clothing factories struggling as labour shortages bite
By Business Reporter JOHANNESBURG: South Africa's clothing manufacturing industry is facing mounting disruption after thousands of migrant workers fled the...
The billionaire who built Africa’s largest retailer from eight stores into a US$12 billion retail empire
By Business Reporter JOHANNESBURG: The transformation of South African supermarket chain Shoprite from a struggling eight-store business into Africa's largest...
