Equatorial Guinea's President Teodoro Obiang Nguema has won re-election with 95% of the Nov. 20 vote and his party took all the senate and parliament ... seats, his son Vice President Teodoro Nguema Obiang Mangue said on Twitter on Saturday.
Democratic Republic of Congo's M23 rebel group on Friday said it wants to talk directly with the government after Congo's president and other ... African leaders signed a ceasefire deal aimed at stopping attacks by the militia.
While the Organization of the Petroleum Exporting Countries (OPEC) recently decided to lower its crude oil production levels, the move means ... that Nigeria has plummeted in the ranking of the continent's main producers. Angola loses its short-lived leadership status.
In October, President Muhammadu Buhari presented an Appropriation Bill of N20.51trn ($43.7bn) for the fiscal year 2023 to the joint session of ... the lower and upper Chambers of the National Assembly. He described the 2023 proposed budget as one “of fiscal sustainability and transition" - his very last budget as Nigeria's president. However, what financial legacy is he leaving behind?
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Portugal’s defeat of Ghana’s Black Stars – courtesy of a contested penalty granted to Cristiano Ronaldo – in the World Cup on 24 November ... rankles with the country almost as much as its treatment in the financial markets. On both counts Ghana has expert opinions on its side.
The decline of Denel would compromise South Africa’s strategic independence, says chief restructuring officer (CRO) Riaz Saloojee, making the ... timely disbursal of the R3.4bn ($196m) lifeline thrown to the entity critical.
Purple, the Nigerian real-estate company currently carrying out a stock market initial public offer (IPO), is close to securing backing from ... financial guarantee provider InfraCredit for the debt part of its fundraising, Purple CEO Laide Agboola tells The Africa Report.
Ghana and Nigeria have always had a healthy competition, which dates back to decades ago. Unlike Ghana, however, Nigeria’s industry has fast ... evolved to become globally competitive, enjoying the number two spot in the world after Bollywood in terms of the number of productions. In an interview with The Africa Report, filmmaker Peter Sedufia explains why.
When President Emmerson Mnangagwa re-appointed former vice president Kembo Mohadi as the deputy president and second secretary at the recent ... Zanu PF elective congress, it was a strong indication that despite a sex scandal involving Mohadi, he is likely to come back next year should his boss win the 2023 general election.
The Joe Biden administration expects upwards of 1,000 African government and business leaders to descend on Washington next month for diplomatic ... talks and commercial dealmaking, according to US officials and leaked planning documents.
‘Africa, your time is now’, says Ayanda Sithebe, director of Africa Rising International Film Festival
Four years on from its inaugural showing, the Africa Rising International Film Festival (ARIFF) recently announced its return for a landmark ... fifth year. The social impact film festival launched in 2018 with the express purpose of “leaving no storyteller behind”.
The Ogun government recently announced that Gasoline Integrated International (GII) had acquired 800 hectares of land for its planned oil refinery ... in the state. This adds to the growing list of refineries springing up to end Nigeria's decades-long paradoxical situation: being a major producer of crude oil as well as a key importer of refined petroleum products.
Kenya’s Deputy President Rigathi Gachagua has given himself 31 December as a deadline to convince politicians from the vote-rich Mount Kenya ... region who supported Raila Odinga, leader of the opposition coalition Azimio la Umoja, to come join the ruling coalition, Kenya Kwanza.