Business Affairss

CAIRO — Egyptian Prime Minister Mostafa Madbouli announced Sunday a string of planned privatizations of state-owned companies, as Cairo grapples with an economic crisis and inflation at almost 15%.Following years of accusations of state companies crowd...

THE PRESIDENT: Good afternoon, folks. I — I’m flanked by real protection here. (Laughter.) Thank you all for being here. And I want to — I want to thank the Attorney General, Merrick Garland, who is standing behind me, for joining us today. He’s d...

Note to Editors:This is an explanatory release to all media to highlight the salient points of the presentation to Parliament’s Standing Committee on Public Accounts (SCOPA) by the Minister of Public Enterprises on 10 May 2022, regarding the disposal o...

The Private Equity & Venture Capital Association (AVCA) says Africa attracted a record $7.4 billion in private capital in 2021, more than double the year before. But while the continent provides ample possibilities for investors, it also presents chall...

TRIPOLI— Libya’s state oil company said armed clashes at the western port of Zawiya have damaged several storage tanks, as a worsening political crisis engulfs the OPEC member’s energy sector.“Preliminary assessments indicate that 29 sites, including o...

Ten years after independence, the world’s youngest country is home to an entrenched political economy of conflict premised on checkpoint taxation. Humanitarian aid is not exempt, reveals a major new mapping report by DIIS and IPIS.When South Sudan beca...

Russia's invasion of Ukraine has left a sour taste for South Africa’s citrus farmers, who are facing millions of dollars in losses due to sanctions that have closed off the Russian market. South Africa is the world’s second largest citrus exporter and ...

NAIROBI, It has been a week of crises in East Africa, characterized by shortages of fuel and rising prices of consumer goods, as the region continued to shake off COVID-19 blues to revive state economies.IMany areas have recently experienced biting fue...