Business Africa

Everything related to business in Africa

Uganda's central bank begins buying gold locally to diversify its foreign reserves.

The Central Bank of Uganda has begun purchasing gold from local producers as part of a new strategy to diversify its reserves. The Bank of Uganda confirmed its first such transaction…

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Ethiopian Airlines and Boeing sign new deal to purchase 6 787 Dreamliner aircraft

Ethiopian Airlines has signed a deal with Boeing to purchase six 787 Dreamliner aircraft, further strengthening the historic relationship between…

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Sierra Leone and Senegal sign a cooperation agreement in the field of mining and energy.

Written by: Ayman Ragab. Sierra Leone and Senegal signed a cooperation agreement in the mining and energy sectors on Monday. Sierra Leonean President Julius…

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Italy signs extensive agreements with Kenya in communications, technology, and the economy.

Written by: Ayman Ragab. Kenyan President William Samui Ruto affirmed that his country attaches paramount importance to its strategic partnership with Italy. He emphasized in…

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The world's largest producer... Rainfall increases the challenges of cocoa farming in Ivory Coast

Rainfall was below average in most cocoa-growing regions of Ivory Coast last week, farmers said on Monday…

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Namibia aims to provide internet access to 90% of the population by 2030.

Written by: Ayman Ragab. Namibia has allocated approximately $2.3 million to expand telecommunications services in rural areas, as part of the authorities' efforts…

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High economic growth: 7 African countries top World Bank forecasts

Written by: Ayman Ragab. New data released by the World Bank reveals that seven African countries will achieve high annual growth rates…

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South Sudan and Uganda discuss strengthening border trade and economic cooperation.

South Sudan's Minister of Foreign Affairs and International Cooperation, Ambassador Mandi Semayah Kumba, received the Minister of State for Foreign Affairs and Regional Cooperation at his office today, Monday…

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The American Chamber of Commerce welcomes the Governor of the Bank of Namibia to strengthen cooperation.

The U.S. Chamber of Commerce's African American Business Center hosted the Governor of the Bank of Namibia, Epson Awanguta, at a high-level roundtable meeting…

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Tea in Burundi: A promising economic sector facing challenges to its global presence

Written by: Qusay Ahmed. The tea sector in Burundi is a key component of the agricultural economy, despite challenges related to productivity and infrastructure…

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