Angolan state-owned oil company Sonangol rode the commodities boom that drove the country's extraordinary growth after civil war ended in 2002, but today it symbolises a national economic crisis.
Zimbabweans know the risks of worthless money all too well after hyperinflation between 2007 and 2009 gave them the 100-trillion-dollar banknote that barely bought a loaf of bread.
Senegal put into service one of sub-Saharan Africa's largest solar energy projects Saturday as it pushes to become a regional player in renewables on a continent where the majority remains off-grid.
African leaders on Saturday signed a deal to boost security off the continent's economically crucial coasts, hoping to shore up development by tackling maritime crimes like piracy and smuggling.
Africa will come together to battle piracy and illegal fishing for the first time at an African Union maritime security summit that kicks off in Togo on October 15.
An Egyptian Cabinet minister says that the government is currently negotiating a US$4 billion loan with China.
In a bid to stop the killing of elephants for their tusks, world governments voted Saturday at a major conservation conference to urge the closure of all domestic ivory markets.
Africa's biggest economy is officially in recession. Nigeria released data on Wednesday showing its gross domestic product declined by 2.06 percent in the second quarter of the year. The oil- and import-dependent economy also declined by 0.36 percent in the first quarter.
South Africa's wealthy Gupta family with influential ties to President Jacob Zuma said Saturday they plan to sell all their business interests in the country by the end of the year.
Zambia's newly re-elected President Edgar Lungu faces an uphill battle to revive an economy reeling from a slump in copper prices, with a free-falling currency and widening budget deficit.