Germany’s Allianz plans to pay $35 million for 98 percent stake in Nigerian insurer Ensure Insurance in a push for growth in Africa, where many people are uninsured.
South Africa will press the newly-elected Angolan government to pay 850 million rand ($66 million) it owes struggling South African Airways (SAA), the finance minister said on Tuesday.
Authorities have banned imports of several popular consumer products in the west of the Democratic Republic of Congo for six months to fight smuggling, Trade Minister Jean-Lucien Busa said on Monday.
Two miners at a South African gold mine owned by Harmony Gold have died after they were trapped underground following an earth tremor, the company said on Sunday.
South Africa is considering selling its stake in landline provider Telkom to fund a 10 billion rand ($757 million) bailout of South African Airways (SAA), a Treasury spokesman said on Wednesday.
Dangote Group of Companies has signed a $450 million Memorandum of Understanding (MoU) with Niger State government to develop an integrated sugar industry in Lavun.
Some new apartments built at the residence of the Nigerian High Commissioner in Ghana’s capital city Accra, have been demolished by bulldozers.
The apartments have been constructed to...
Ghanaian health officials on Saturday said over 10,000 persons infected with the coronavirus have now recovered.
The significant number of recoveries means the country now...
Zimbabwe's Health Minister Obadiah Moyo has been arrested over corruption allegations related to procurement of medical equipment worth $60 million.
Moyo is accused of illegally...
