On the occasion of Namibia's Independence Day, the Ghana-Namibia Friendship Association has released a statement to commemorate the day and foster partnership between both countries in areas of tourism and business.
A statement signed by former High Commissioner of Ghana to Namibia and Chairman of the association, Harruna Attah, welcomed the "resumption...
Within less than two decades it will be cheaper to operate robots in US factories than hire workers in Africa, a new report warns.
Falling automation costs are predicted to cause job losses as manufacturers return to richer economies.
Some analysts say poorer countries could be less impacted by this trend,...
Zimbabwe’s President Emmerson Mnangagwa said on Monday companies and individuals had returned $591 million in funds illegally stashed abroad after a 90-day amnesty to bring back the money expired last week but $827 million was still outstanding.
Mnangagwa announced a three-month amnesty for the return of public funds illegally stashed...
South Africa will learn soon whether Cyril Ramaphosa’s first month as president has saved the country’s last remaining investment grade rating, but even if it hasn’t, a broader rise in optimism should limit the damage.
Moody’s, with a downgrade review on South Africa since last November, is to make a...
Africa’s smartphone market experienced a quarter-on-quarter (QoQ) decline of 6.4 percent during Q4 2017, according to the latest insights announced by International Data Corporation (IDC).
The global technology research and consulting firm’s Quarterly Mobile Phone Tracker shows smartphone shipments were down to 20.3 million units for the quarter. Year on...
Govt. made great strides to combat cyber-crime and crack down on IP infringement
The Government of Egypt has announced that it is setting up a specialized digital forensic lab for Intellectual Property as part of its enforcement schemes of combating software piracy.
The new lab, the first of its kind in...
Ghana may only produce around 700,000 tonnes of cocoa this season, well short of its initial forecast of 850,000 tonnes, due to poor rains during the main crop harvest, the head of the Cocobod marketing board told Reuters on Monday.
The International Cocoa Organization (ICCO) forecast a global cocoa surplus...
South Africa’s Competition Tribunal on Friday approved, subject to conditions, a deal for China’s Sinopec Corp to buy Chevron’s assets in South Africa and Botswana.
State-owned Sinopec was competing for the assets with commodities trader and miner Glencore, which swooped in last October with a $973 million bid following delays...
ECM activity in 2017 was the second highest since 2013 in terms of volume with 121 issuances, up 25% over the prior year, and the highest since 2013 in terms of value
Overall, African equity capital market transaction volume and value improved in 2017 over 2016. In terms of value,...