Fortuna exits Burkina Faso in $130m deal
FORTUNA Mining has finalised a $130 million deal to sell its Burkina Faso operations to Mauritius-based Soleil Resources International, marking a…
Category: Global
China Dominates Ethiopia’s FDI Landscape
CHINA continues to dominate foreign direct investment (FDI) in Ethiopia, with more than 4,500 Chinese-led projects currently active across various…
Gabon Picks Leader in Post-coup Showdown
GABONESE citizens cast their ballots on Saturday in a pivotal presidential election— the country’s first since the military ousted longtime…
Trump Exempts Phones, Computers, Chips From “reciprocal” Tariffs
PRESIDENT Donald Trump’s administration exempted smartphones, computers, and other electronics from its so-called reciprocal tariffs, potentially cushioning consumers from…
New Afreximbank Centre Powers Trade
IN a bold step to reshape Africa’s trade and investment landscape, the African Export-Import Bank (Afreximbank) has officially opened its first African Trade…
Gold Rockets to Record in Crisis Rush
GOLD prices soared to a fresh record on Friday, crossing the $3,200 mark as fears of a global recession deepened and…
AU Boots Israel Envoy at Genocide Event
TENSIONS between Israel and the African Union (AU) flared this week after Israel’s ambassador to Ethiopia, Avraham Nigusse, was removed from a…
Côte d’Ivoire Threatens Cocoa Price Hike
COTE d’Ivoire has warned that it may raise cocoa prices in retaliation if steep new US tariffs announced by President Donald Trump…
Treason Charge Rocks Tanzania’s Opposition
TANZANIAN opposition figure Tundu Lissu, long known for surviving an assassination attempt and enduring multiple arrests, now faces the most serious…
We’ve Disbursed $50bn Into Nigeria in Last Decade – Afreximbank
THE African Export-Import Bank (Afreximbank) says it has disbursed 50 billion Dollars into various sectors of Nigeria in the…