Nigeria is targeting economic growth of at least 7% a year by 2020, the Ministry of Budget and National Planning said on Tuesday, a far cry from its current recession, the first in 25 years.
Botswana's economy will grow by nearly double in 2017 compared to the previous year as Africa's largest exporter of diamonds shakes off a slump in global commodity prices and electricity shortages.
South Africa will publish its revised mining charter by next month, a minister said on Monday, bringing closer legislation meant to redress racial economic inequality but which has concerned companies struggling with lower commodity prices.
Tanzania said on Monday it needs $46.2 billion in investment over the next 20 years to revamp ageing energy infrastructure and meet soaring demand for electricity.
Italy and the European Union (EU) have pledged to finance migrant camps in Libya run by the U.N.-backed government, an agreement showed on Friday, 3 February, as part of a wider European Union drive to stem immigration from Africa.
South Africa's Kumba Iron Ore, a unit of Anglo American, will pay $186m to settle a tax dispute with local authorities, the company said on Friday, sending its share price over 7% lower.
Animal carcasses littered the fields and stench of dead animals pervaded the air in Kenya's Marsabit County this week, the result of a prolonged period of drought which destructed forage for animals and made local population dependent on handouts to survive.
- Tanzania current account deficit narrows by 57%
- Ghana government says inherits budget deficit "closer to double digits"
- South Africa posts trade surplus in December as economy slows
- Côte d’Ivoire unrest makes cocoa grinders rethink investments
- US travel ban heralds 'turbulent times' for Africa: AU chief
- Tunisia needs $2.85 bln in external financing this year
- Kenya's Safaricom shifts funding to catch up on fixed-data demand