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SASSA to suspend SRD grants where fraud is suspected

In a decisive move to protect the integrity of the Social Relief of Distress (SRD) grant system, the South African Social Security Agency (SASSA) has announced plans to suspend...
Money

Fuel prices in Kenya rise in latest EPRA review

The Energy and Petroleum Regulatory Authority (EPRA) has announced a significant increase in fuel prices in its latest...
News

Eskom’s Turnaround Efforts: Progress, Projections, and Challenges Ahead

In recent months, South Africa's state-owned power utility, Eskom, has made significant strides in its efforts to stabilize...
Money

Ethiopia Launches First Stock Exchange: A Historic Step in Economic Liberalization

Ethiopia has officially inaugurated its long-awaited Securities Exchange (ESX), marking a groundbreaking moment in the nation's ongoing economic...
Money

Zimbabwe’s Currency Crisis Deepens: A Nation at a Crossroads

Zimbabwe is grappling with yet another chapter of economic turbulence as its currency crisis intensifies, undermining confidence in...

Equatorial Guinea unveils newly constructed Bata International Airport

SsangYong Engineering & Construction (E'C), a subsidiary of the Global Sae-A Group and a prominent international player in the...

Air Cargo Conference 2025 Set for March 2–4 in Dallas, Texas

The Air Cargo Conference 2025 will convene in Dallas, Texas, from March 2–4, gathering global industry leaders, logistics experts,...

Big boost for Zambia Lobito Rail project as AFC signs concession agreements

The Africa Finance Corporation (AFC) has signed concession agreements with the governments of Angola and Zambia for the financing,...

Africa’s largest methanol plant gets AFC support

Africa Finance Corporation (AFC) is arranging a project development facility to support Africa’s largest methanol plant, with the aim...

Uganda signs contract with Turkish firm Yapi Merkezi for new railway project

In a significant move to enhance regional trade, the Ugandan government has signed a contract with the Turkish construction...

Navigating Climate Action: Impacts of shipping carbon tax on African economies

As global attention intensifies on the shipping industry's role in addressing climate change, the International Maritime Organization (IMO) has...

DSV acquires Schenker in €14.3 Billion Deal

DSV says says it has signed an agreement to acquire Schenker from Deutsche Bahn in a transaction worth EUR...

Transnet gets financial impetus to improve South Africa’s freight and rail sector

The New Development Bank (NDB) signed a  R5 billion loan agreement with Transnet, South Africa’s leading freight transport and...

naamsa releases august 2024 new vehicle sales statistics

Reflecting on the new vehicle sales statistics naamsa | The Automotive Business Council said that the positive July 2024...

South Africa seeks to bolster logistics investment amid challenges

South Africa remains confident that the implementation of the Freight Logistics Roadmap will enable investment in South Africa’s ports...

GCCA issues call to action on food supply chain resilience and boosting trade in...

African policy leaders must support robust growth in the cold chain for the success of the African Continental Free...

Kenya Airways posts first half-year profit after decade of losses

Kenya Airways PLC has announced a significant milestone in its journey towards profitability, marking the first time the airline...
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