The EU’s latest embargo on Russia will keep diesel prices high
The European Union will ban imports of Russian oil products early next month, in a move to further punish Russia...
Kenya Airways to sink further into the red on forex losses
Kenya’s national carrier Kenya Airways (KQ) will sink further into net losses by at least 25 per cent in its...
Africa needs up to $65 billion in loans every year to curb food imports
Farmers in Africa will need as much as $65 billion in loans annually to produce enough food to curb imports...
Facebook tops in marketing use in Africa
Facebook retained its lead as the most used social media platform for marketing in Africa, according to findings of a...
Toyota plans to build 10.6 million vehicles in 2023
Toyota on Monday said it could produce as many as 10.6-million vehicles this year, while warning of downward risk to...
Oil prices slip on global recession gloom
Oil prices fell in early trade on Tuesday as recession fears dominated headlines out of the World Economic Forum's meeting...
Global oil demand returns to growth trajectory
Record global petroleum consumption is on the cards for 2024, according to the U.S. Energy Information Administration’s first forecast for...
Exploration begins at Bagamoyo graphite project in Tanzania
Africa-focused mining and development company Marula Mining has started initial exploration activities at its Bagamoyo graphite project, in Tanzania. This...
Copper tops $9 000 as China reopening boosts outlook for demand
Copper rose above $9 000 a ton for the first time since June, fueled by optimism that China’s reopening will...
Long-lasting slowdown to hit Developing Countries hard – World Bank
Global growth is slowing sharply in the face of elevated inflation, higher interest rates, reduced investment, and disruptions caused by...