Standard Bank Mozambique's chief economist has said that the country's GDP fell by 1.6% by the end of 2024, and that the economy should grow by 3% this year, or 1% excluding the extractive sector.

African leaders meeting in Ethiopia this weekend are to launch a new push for slavery and colonial reparations, but can expect to be stonewalled by former colonial powers, most of which have ruled out ...

Oil prices fell on Thursday on expectations that a potential peace deal between Ukraine and Russia would end sanctions that have disrupted supply flows, while crude inventories rose in top producer ...

Syria's new rulers are combing through the billion-dollar corporate empires of ousted president Bashar al-Assad's allies, and have held talks with some of these tycoons, in what they say is a campaign ...

The African Union will elect a new chairman over the weekend, with three candidates vying to represent some 1.5 billion people across the continent at a time of heightened uncertainty and regional ...

A consortium led by Exxon Mobil has requested environmental permits from Guyana for its eighth project, the first that will generate gas not linked to oil production, and to explore another well at ...

A prominent opposition figure in Uganda who is on trial in a military tribunal has begun a hunger strike, his wife said, two weeks after the country's top court banned courts-martial from trying ...

Unilever said on Thursday its ice cream business will be separated by way of demerger, through listing of the business in Amsterdam, London and New York. "This decision follows a full review by the ...

British American Tobacco reported a 6.2 billion pound ($7.74 billion) hit from a long-running lawsuit in Canada on Thursday, and warned of "significant" headwinds in Bangladesh and Australia in 2025 ...

Trump administration assails South Africa's G20 agenda Top U.S. diplomat Rubio to snub Johannesburg meetings Analysts see opening for China, Russia to show strength Without U.S. support, G20's usefuln ...

The United States is likely to increase its coal exports to India following China's decision to impose tariffs on U.S. coal imports, according to industry officials. China's Finance Ministry last week ...

Ghana's former finance minister Ken Ofori-Atta has been declared a fugitive by prosecutors over his alleged involvement in multiple corruption cases when he was in government. Ofori-Atta had left ...