Rebels from Ethiopia’s northern Tigray region have announced that they are releasing more than 4,200 prisoners of war, almost two months after ... they agreed to observe a “humanitarian truce” declared by the federal government.
Between 2016 and 2022, this French-Lebanese businessman of Armenian origin was the main purchasing intermediary in the Burkinabe ministries of ... the interior and defence. A close friend of former President Kaboré, he fled as soon as Kaboré was overthrown.
British American Tobacco (BAT), through its Kenya subsidiary, is lobbying the government to slash a proposed tax hike on a yet-to-be launched ... nicotine pouch – a move expected to boost company profit, cement dominance in the African market, and compensate for the dipping cigarette use in Europe.
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Astral Foods, South Africa’s largest integrated poultry producer, recorded double-digit revenue growth of R9.4bn ($585m) in the six months ... to 31 March 2022 driven by high broiler sales volumes, according to the company.
Tingo and MICT, both in the midst of merging to create a agri-fintech company with a revenue of $900m, are seeking a major US investment bank ... to manage their planned listing on the US Nasdaq stock market, the CEOs of the two companies tell The Africa Report.
As Kenya prepares for an election expected to be one of the most competitive in the country’s history, tensions are growing between two government ... agencies on how to effectively fight terrorism on Kenyan soil. Will the row threaten gains made thus far?
The Joe Biden administration this week announced hundreds of millions of dollars in emergency assistance for African and other countries facing ... a food crisis while using its United Nations platform to blame Russia.
Nigeria’s infrastructure company (Infra-Co), which is expected to grow to N15trn ($37bn) in assets and capital in the next few years, will ... go a long way in helping to raise capital from private investors and transforming the power sector, says Kola Adesina, group managing director at Sahara Power Group, an energy and infrastructure company.
The Vodacom Group has reported R102.7bn ($6.9bn) in revenue generated mostly in South Africa. Meanwhile, the contribution of its international ... operations was dragged down by the introduction of mobile money levies in Tanzania.
President Hichilema’s call to action for the Zambian and regional mining sector must be followed up with a concerted effort to improve the ... domestic operating environment and bring along regional partners if it is to succeed.
After losing the nomination to Martha Karua, former vice-president and the Wiper party leader Kalonzo Musyoka has announced that he has quit ... Raila Odinga’s Azimio la Umoja coalition to vie for the presidency in the August polls.
The prospect of a series of interest-rate increases by the US Federal Reserve highlights the need for African countries to increase savings rates ... so that banks can provide debt finance in local currencies, S&P Global Ratings sovereign specialist Frank Gill tells The Africa Report.