Thursday, July 2, 2015
Around the world people use bank machines to access cash: but in the Kenyan capital's crowded slums, people now use similar machines to access an even more basic requirement -- clean water.
The South African government announced Wednesday it had sold its stake in telecommunications giant Vodacom to raise cash for state-owned energy provider Eskom, which is struggling to keep the lights on.
Wednesday, July 1, 2015
Shares in Sony plunged 8.25 percent Tuesday on dilution fears after the Japanese electronics giant announced plans to raise US$3.6 billion through stock and bond sales.
Monday, June 29, 2015
When Silver Tumwesigye, a sharply-dressed Ugandan motorbike taxi driver known by his nickname "Silverstone," had an accident six years ago it was a double blow.
Saturday, June 27, 2015
The Carter Center Friday called on the government of the Democratic Republic of Congo (DRC) to reveal the terms under which a state firm sold a mining concession to a subsidiary of Swiss group Glencore.
Monday, June 22, 2015
The minerals in the south-eastern Katanga region represent potential riches for the Democratic Republic of the Congo, but a lack of electricity is preventing the country from fully exploiting them.
Tuesday, June 9, 2015
The launch of a free trade agreement by three African economic blocs in Egypt this week will be an important step towards a potentially game-changing common market spanning the continent, supporters say.
Sunday, June 7, 2015
A Chinese company that develops online games bid more than US$2.3 million Friday to win a private lunch with Warren Buffett.
Thursday, June 4, 2015
Growing optimism over Africa's economic future is set to draw more than 1,250 delegates from governments and international corporations Wednesday to the three-day "African Davos" in Cape Town, the World Economic Forum said.
Thursday, May 28, 2015
Africa has long been the El Dorado just over the horizon for airlines, but sustained economic growth and the emergence of a middle class on the continent may finally clear the obstacles from the runway.