Equatorial Guinea to build West Africa’s first Liquefied Natural Gas (LNG) storage and regas...
Located at the Port of Akonikien, the landmark regasification plant will enable the storage, transportation and distribution of liquefied natural gas (LNG) to the...
Nigerian Stock Exchange Delists Skye Bank, Fortis Microfinance Bank
The Nigerian Stock Exchange (NSE) wednesday delisted Skye Bank Plc and Fortis Microfinance Bank Plc following approval from the National Council of the exchange....
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...
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.
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Africa’s employment challenges require innovative approaches, AfDB
Innovative thinking about Africa’s conventional employment issues is a key issue in the recently released African Development Bank new policy research document “Creating Decent...
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...
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...
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...
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