A Chinese company that develops online games bid more than US$2.3 million Friday to win a private lunch with Warren Buffett.
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.
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.
Eight candidates are vying to become the next head of the strategic African Development Bank as the continent is undergoing an economic transformation.
Business leaders in Africa's leading oil producer Nigeria on Thursday warned that jobs could be at risk, as a weeks-long fuel crisis showed no signs of easing.1 Comment
Power outages are the biggest brake on South Africa's economic growth, Finance Minister Nhlanhla Nene said Monday, as factories, homes and offices across the country continue to suffer from long electricity cuts.
South Africa's annual season of labor strikes often turns violent, but a recent wave of deadly xenophobic attacks has heightened fears that this year's protests could fuel further aggression towards migrant workers.