Monday, January 6, 2014
Nigeria's financial markets posted healthy gains in 2013 but five years on from the global financial meltdown, local investors are still wary of sinking their money into stocks.
Monday, December 30, 2013
Porsches, Range Rovers and even Maseratis ... luxury cars are no strange sight weaving through the old bangers that rumble along Abidjan's chaotic streets, another indication of the emergence of a wealthy class in Africa.
Sunday, December 29, 2013
John Krafcik, the president and CEO of Hyundai Motor America, is stepping down next week after five years at the helm, the company announced Friday. He will be replaced by David Zuchowski, the current executive vice president of sales who joined the company in February 2007.
Thursday, December 19, 2013
China Mobile (中國移動) is targeting sales of 100 million fourth-generation (4G) mobile handsets for 2014, a goal expected to help HTC (宏達電) regain market share in China.
Monday, December 2, 2013
Five east African countries on Saturday signed a protocol to establish a monetary union, in a first step towards creating a single currency.
Wednesday, November 13, 2013
Sub-Saharan Africa is set to remain the world's fastest growing mobile market in the coming years, an industry report said Monday.
Monday, October 28, 2013
Countries of Africa's Congo Basin would like to grow richer by making and selling products from their abundant supply of timber, but experts see a path strewn with obstacles.
U.S. firm Marathon Oil (MRO.N) will continue operating in Libya after giving up plans to sell its stake in Waha Oil Company, Oil Minister Abdelbari Arusi said on Saturday.
Sunday, October 27, 2013
Leaders of the 15-nation Economic Community of West African States (ECOWAS) agreed on Friday to implement a single customs tariff regime from 2015 in an effort to accelerate economic integration.
Wednesday, October 23, 2013
The International Monetary Fund said on Monday it had approved Sierra Leone for a US$96 million, three-year enhanced credit facility to support economic development and poverty reduction in the West African nation.