The Netherlands is the new leader in turmeric imports
The United Kingdom (UK) was once Europe's largest turmeric (Curcuma longa) importer. But, Brexit has caused a fall in imports from and exports to...
Egypt: Struggling with troubled economy, inflation
A group of women stands in front of a vegetable vendor at a street market in one of Cairo’s oldest neighborhoods, yelling in frustration...
Nigeria’s manufacturing sector records growth of 5.89% in Q1 2022
Nigeria’s manufacturing sector grew by 5.89% (year-on-year) in real terms in Q1 2022, an increase of 3.61% points from the preceding quarter which recorded...
S&P raises South Africa’s outlook to ‘positive’ on trade terms, fiscal discipline
Ratings agency S&P revised South Africa’s outlook to “positive” on Friday, saying it reflects favourable terms of trade and a path toward contained fiscal...
Europe’s energy crisis: Will Africa ride to the rescue?
In the grim weeks since Vladimir Putin launched his war against Ukraine, Europe has finally woken up to the reality that it needs to...
Nigerian stocks record highest point in 14 years
Reports on the performance of the Nigerian Exchange since the years, have revealed that the nation’s bourse showcases an All Share Index (ASI) that...
North Africa’s top companies in 2022
For over 16 years African Business has been running an annual ranking of Africa’s 250 Top Companies, taking the top listed companies from national...
Oil prices rise ahead of OPEC+ meeting
Ahead of the Organisation of Petroleum Exporting Countries (OPEC) and allies meeting scheduled for Thursday, oil prices rise on Wednesday after industry data showed...
Foreign Firms Invest N278bn In Nigeria’s Equities Market
Foreign investors on the Nigerian Stock Exchange (NSE) have put in N278.27 billion in the first eight months of the year.
This was contained in...
Nigeria fines 12 banks $1.3 billion for failing to meet loan target
Nigeria’s central bank has levied a charge on 12 banks for a total of more than 400 billion naira ($1.3 billion) for failing to...