Economy

Nigeria’s efforts to secure funds from international lenders to help haul it out of recession have stalled because it has not submitted the required economic reform plans, according to one …

Founder and Chief Executive of the Dangote Group Aliko Dangote Africa’s richest man Aliko Dangote has partnered with China’s heavy duty truck group Sinotruck to set up a $100 million …

REUTERS photo Eight men own the same wealth as the poorest half of the world’s population, a level of inequality which “threatens to pull our societies apart,” Oxfam said on …

REUTERS photo The 47th Annual Meeting of the World Economic Forum (WEF) will take on Jan. 17-20 in Davos-Klosters, Switzerland, under the theme of “Responsive and Responsible Leadership.” More than …

AFP photo Shares in German carmakers BMW, Daimler and Volkswagen fell after United States President-elect Donald Trump warned he will impose a border tax of 35 percent on vehicles imported …

REUTERS photo A $3 billion dispute between two adversarial governments will come to a head in an English court on Jan. 17 when Russia and Ukraine meet for a first …

Egypt”s Finance Minister Amr El-Garhy  Foreign investment in Egyptian treasury instruments could rise to $10-$11 billion in a year’s time as economic reforms buoy investor confidence, Finance Minister Amr El …

AFP photo The global economy is in better shape than it’s been in years. Stock markets are booming, oil prices are on the rise again and the risks of a …

The European Union’s chief Brexit negotiator has told colleagues that they need to strike a “special” deal with Britain’s finance sector in order to keep credit flowing to the continent, …

 Libya’s oil production is up to 750,000 barrels per day (bpd), the deputy leader of the U.N.-backed government said on Friday, a rise of about 50,000 bpd from last week. …