News : Africanews

The settlement comes after two years of negotiations over the Loulo-Gounkoto gold mining complex.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/11/25/canadian-firm-barrick-settles-gold-mining-dispute-with

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South Africa: Arrests as Operation Dudula protesters clash with police

Business • 8:06 AM

2 min

The anti-migrant group said they wanted to draw global attention to local challenges, including high crime and unemployment.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/11/23/south-africa-arrests-as-ope

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G20 leaders in South Africa adopt declaration despite US opposition

Business • 8:06 AM

1 min

The United States is boycotting the two-day talks in Johannesburg over a diplomatic rift with the host country.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/11/23/g20-leaders-in-south-africa-adopt-declar

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G20 Summit: Russia denounces 'illegitimate, unilateral' sanctions

Business • 8:04 AM

2 min

Maxim Oreshkin, the deputy chief of staff of the Presidential Executive Office also slammed the financial aid provided to Ukraine.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/11/22/g20-summit-russia-den

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G20 summit in South Africa adopts declaration despite US boycott

Business • 8:04 AM

2 min

In a breakaway from tradition, world leaders of the G20 adopted a declaration at the start of the summit.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/11/22/g20-summit-in-south-africa-adopts-declaration-

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UN chief António Guterres calls on G20 leaders to tackle trade inequalities

Business • 8:04 AM

2 min

The UN Secretary-General said trade barriers consistently place developing countries at a disadvantage.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/11/22/un-chief-antonio-guterres-calls-on-g20-leaders-t

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South African women protest gender-based violence ahead of G20 summit

Business • 8:04 AM

3 min

Women gathered across several South African cities to stage lie-down protests.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/11/22/south-african-women-protest-gender-based-violence-ahead-of-g20-summit/?ut

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Royal Air Maroc unveils special fares for CAN 2025 supporters

Business • 4:31 PM

1 min

By easing travel costs, Royal Air Maroc hopes to boost turnout and enhance the atmosphere in stadiums nationwide, making the 2025 CAN a unifying celebration for African supporters.<div class="small-12 column text-center article__button"><a href="https://w

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Ramaphosa blasts Trump for blocking South Africa from next year's G20 summit

Business • 10:52 AM

1 min

In a statement Thursday, the presidency said South Africa would continue to participate as a full, active and constructive member of the G20<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/11/27/ramaphosa-b

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Simandou iron ore: Guinea’s mega project set to transform global mining [Business Africa]

Business • 10:20 AM

2 min

After decades of talks, negotiations, and setbacks, Guinea has officially launched the long-awaited exploitation of the Simandou iron ore deposit.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/11/27/siman

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Senegal: Latest budget report reveals lasting pressure on public finances

Business • 12:02 AM

1 min

The report shows soaring spending and a stubborn deficit as the country is struggling with a serious public debt crisis.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/11/26/senegal-latest-budget-report-re

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Africa’s first G20 summit: highlights and what’s ahead

Business • 11:52 AM

5 min

The first Group of 20 summit in Africa that ended Sunday broke new ground by putting the priorities of poor countries at the top of the bloc's agenda.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/11/25/a

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G20 South Africa summit sets global action on climate and inequality

Business • 8:54 AM

2 min

President Cyril Ramaphosa described the gathering of world leaders as a triumph of multilateralism.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/11/23/g20-south-africa-summit-sets-global-action-on-climat

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China pledges to work more closely with South Africa on range of issues

Business • 9:22 AM

1 min

Premier Li Qiang said Beijing wants to work with Pretoria to safeguard the multilateral trading system.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/11/23/china-pledges-to-work-more-closely-with-south-af

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African nations join coalition levying taxes on luxury air travel

Business • 7:56 AM

1 min

A coalition of 13 countries has announced new taxes on luxury air travel, applying to private jets as well as business and first-class tickets. Most of the members are from the Global South.<div class="small-12 column text-center article__button"><a href=

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Starmer arrives in South Africa as G20 summit opens amid U.S. boycott

Business • 4:04 PM

2 min

Despite the void left by Washington and Beijing, the summit still brings together representatives from 42 countries, including all members of the expanded G20, which now includes both the European Union and African Union.<div class="small-12 column text-c

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How the G20 summit could benefit ordinary Africans

Business • 1:40 PM

2 min

As world leaders gather for the G20 summit, the focus often stays on big pledges, long speeches and complicated communiqués.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/11/21/how-the-g20-summit-could-be

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South Africa & EU ink critical minerals pact, champion multilateralism

Business • 10:05 AM

2 min

The deal comes as the EU races to diversify supply away from dominant sources and amid growing fears of disruptions.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/11/21/south-africa-eu-ink-critical-minera

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Ramaphosa: ‘we will not be bullied’ as US skips G20

Business • 9:02 AM

5 min

As Johannesburg gears up to host this weekend’s G20 summit of rich and developing nations, the US has once again said that it won’t participate and is putting pressure on South Africa not to issue at joint declaration at the end of the meeting.<div class=

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South Africa braces for a high-stakes G20 summit without the United States

Business • 11:47 AM

2 min

But while global ambitions take center stage, frustrations at home are palpable. Johannesburg authorities have launched a multimillion-dollar clean-up campaign to repair broken infrastructure ahead of the summit — a move many residents view as superficial

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Nigeria on edge as Trump threatens sanctions and military action {Business Africa}

Business • 11:38 AM

3 min

Africa is witnessing major shifts in economics, education, and community development this week—from rising market fears in Nigeria to life-changing opportunities for East African students and women-led energy innovation in Zanzibar. Here are the stories m

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South Africa gears up security for first Africa G20 summit

Business • 9:42 AM

1 min

At a parade on Wednesday, national police commissioner, General Fannie Masemola, told officers the country was depending on them for the summit to go smoothly.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/202

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Activists light up Johannesburg with a host of concerns ahead of G20 summit

Business • 12:04 AM

2 min

A series of posters and illustrations projected onto buildings demanded urgent action on issues including climate accountability, the global debt crisis, and women’s rights.<div class="small-12 column text-center article__button"><a href="https://www.afri

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Volunteers help clean the polluted Jukskei River "prone" to flash floods

Business • 11:54 AM

2 min

In South Africa’s oldest township, volunteers in wetsuits jump into the thigh-deep water of the polluted Jukskei River to untangle a net that's designed to trap garbage but damaged by heavy rains.<div class="small-12 column text-center article__button"><a

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Senegal's president orders formation of National Gold Trading Centre

Business • 7:42 AM

1 min

Faced with massive illegal gold exports that have drained billions from the national economy, it would assert greater state control over the precious metal.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/1

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Nigeria's Dangote Group considers energy partnership with Zambia

Business • 12:50 AM

1 min

The group's potential expansion into Zambia’s energy sector is an important step for the country’s investment portfolio.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/11/14/nigerias-dangote-group-consider

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Côte d’Ivoire: a growing economy despite inequalities [Business Africa]

Business • 8:33 AM

3 min

As President Alassane Ouattara prepares to begin a fourth term, what is the outlook on Ivory Coast's economic situation?<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/11/17/cote-divoire-a-growing-economy-

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U.S. to boycott G20 summit in South Africa over Trump's claims of white farmer "abuses"

Business • 6:48 AM

2 min

The United States will officially boycott the upcoming G20 summit in South Africa, President Donald Trump announced Friday, escalating a diplomatic dispute by reiterating his controversial claims about the treatment of white farmers in the country and cal

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Ghana's growth prospects strengthen amidst increasing investor confidence

Business • 4:58 PM

2 min

Ghana has emerged from its worst economic crisis in a generation and is positioned for sustained growth, Finance Minister Cassiel Ato Forson announced Thursday, declaring the nation "back, strong, credible, and open for business" during his 2026 budget pr

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Nigeria scraps planned 15% import duty on petrol and diesel

Business • 2:02 PM

1 min

Nigeria Scraps Planned 15% Import Duty on Petrol and Diesel<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/11/13/nigeria-scraps-planned-15-import-duty-on-petrol-and-diesel/?utm_source=test_mrss&utm_campaig

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Ramaphosa criticizes Trump’s G20 boycott over land and genocide claims

Business • 1:52 PM

2 min

South African leaders across the political spectrum have condemned the U.S. decision to boycott the upcoming G20 summit, with President Cyril Ramaphosa calling the move a "loss" for Washington and opposition figures decrying the baseless claims about the

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Dangote signs deal with Zimbabwe to build 2,000km-long pipeline from Namibia

Business • 11:41 AM

1 min

In a move set to reshape Southern Africa’s industrial landscape, Nigerian billionaire Aliko Dangote has struck a landmark US$1 billion investment deal with Zimbabwe.<div class="small-12 column text-center article__button"><a href="https://www.africanews.c

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Africa hosts G20 for the first time: what the summit means for global influence

Business • 11:33 AM

3 min

The recurring presence of former U.S. President Donald Trump in discussions about South Africa , and more recently Nigeria, highlights enduring geopolitical tensions and competing visions of influence on the African continent.<div class="small-12 column

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African Union says continent's rising debt crisis undermines development

Business • 4:46 PM

1 min

The chairperson of the AU Commission says many governments are spending more on servicing debt than on investments in human development.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/11/12/african-union-s

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IMF says Senegalese government retains sovereign right to manage its debt

Business • 3:52 PM

2 min

It made the comments after discussing various options with Dakar on how to address the country’s “significant debt vulnerabilities”.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/11/11/imf-says-senegalese

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Post-election protests trigger economic losses in Cameroon {Business Africa}

Business • 9:05 AM

2 min

Post-Election Unrest Brings Douala to a Halt while Africa Moves to Close $90bn Annual Infrastructure Gap as Luanda Summit Backs 5% Agenda to Unlock Domestic Capital<div class="small-12 column text-center article__button"><a href="https://www.africanews.co

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IMF mission to Senegal ends without new lending programme but talks are ongoing

Business • 12:59 AM

2 min

An International Monetary Fund official said its mission to Senegal had concluded without a new lending programme, but that it aimed to finalise one as soon as possible.<div class="small-12 column text-center article__button"><a href="https://www.africane

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Trump says he’ll skip G20 summit, calls for South Africa’s removal

Business • 11:16 AM

1 min

“South Africa shouldn’t even be in the G’s anymore, because what’s happened there is bad.”<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/11/06/trump-says-hell-skip-g20-summit-calls-for-south-africas-remov

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Boeing settles with families of three 737 MAX crash victims

Business • 12:21 AM

1 min

Boeing has now resolved the majority of civil lawsuits linked to the two 737 MAX crashes, which together claimed 346 lives. The accidents — the Ethiopian Airlines crash in 2019 and the Lion Air crash in October 2018 — were both tied to a flawed automated

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Kenya, IMF continue talks for new bailout deal

Business • 2:11 PM

1 min

According to Treasury chief John Mbadi, the international lender wants securitized loans to fund infrastructure projects classified as sovereign debt. Nairobi objects<div class="small-12 column text-center article__button"><a href="https://www.africanews.

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Infrastructure: From foreign loans to domestic capital [Business Africa]

Business • 1:57 PM

2 min

With lenders and donors fatigued, attention is turning to underutilized domestic capital. According to the Africa Finance Corporation (AFC), Africa has $4 trillion in domestic capital that can be channeled to infrastructure financing<div class="small-12 c

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Mali revokes over 90 mining permits amid crackdown on non-compliance

Business • 7:35 AM

1 min

Mali has revoked more than 90 mining exploration permits, including those held by international companies, after officials said operators failed to meet new legal requirements.<div class="small-12 column text-center article__button"><a href="https://www.a

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Trump, Xi meet in person as US and China move to ease trade tensions

Business • 12:01 AM

1 min

US President Donald Trump returned to Washington on Thursday after a high-stakes face-to-face meeting with Chinese President Xi Jinping, calling the talks “a success” and announcing new steps to ease trade tensions between the world’s two largest economie

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Ethiopia shifts from commercial to concessional loans on foreign debts

Business • 3:16 PM

1 min

Ethiopia is currently negotiating with its creditors to convert commercial loans into concessional loans, which could significantly lower its debt interest rates.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/

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Nigeria, South Africa removed from global money-laundering watchlist

Business • 12:04 AM

5 min

Nigeria, South Africa, Mozambique, and Burkina Faso have been removed from the Financial Action Task Force’s (FATF) global “grey list.”<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/10/29/nigeria-south-af

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Amazon to lay off some 30,000 corporate employees

Business • 5:49 PM

2 min

It said the company needs to be organised 'more leanly' to seize opportunities provided by artificial intelligence.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/10/28/amazon-to-lay-off-some-30000-corpora

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Angola makes bold move to acquire De Beers stake amid strategic shift

Business • 5:03 PM

1 min

Endiama sees value in leveraging De Beers’ mining technologies and marketing infrastructure to propel Angola’s diamond industry forward.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/10/28/angola-makes-bo

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Nigerian billionaire plans expansion of Africa's biggest oil refinery

Business • 1:25 PM

1 min

The billionaire owner of Africa's largest refinery plans to expand its capacity to 1.4 million barrels per day to meet growing fuel needs in the continent and beyond.<div class="small-12 column text-center article__button"><a href="https://www.africanews.

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Morocco raises health and education spending in 2026 draft budget

Business • 7:47 AM

1 min

Morocco's finance ministry submitted its draft budget for 2026 to parliament on Monday.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/10/21/morocco-raises-health-and-education-spending-in-2026-draft-budge

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Moonshot 2025: Can Africa's Startups Challenge Global Tech Giants?{Business Africa}

Business • 3:54 PM

4 min

Moonshot 2025 closes in Lagos: Nigeria champions drive to increase intra-continental digital trade while Experts call for a unified African IP framework as creators lose billions; the AfCFTA protocol is seen as key to unlocking the continent’s $17 billion

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Gaza: Cash crisis persists despite bank reopening

Business • 9:28 AM

1 min

Today, most Palestinians in Gaza either have worn-out bank notes that merchants refuse, or go to the commission traders who have charged up to 50% since the war<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/20

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Egypt implements second fuel price hike in 2025 to curb subsidies, budget deficit

Business • 8:13 AM

2 min

Egypt implements second fuel price hike in 2025 to curb subsidies, budget deficit<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/10/17/egypt-implements-second-fuel-price-hike-in-2025-to-curb-subsidies-budg

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40 Years of Biya: What’s the Economic Reality in Cameroon? [Business Africa]

Business • 5:47 AM

5 min

This week: decisive elections amid economic uncertainty in Cameroon, Madagascar: protests and political crisis weigh on the economy, and strategic partnership between the EU and South Africa.<div class="small-12 column text-center article__button"><a href

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IMF warns of rising debt risks in Sub-Saharan Africa

Business • 3:57 PM

2 min

Sub-Saharan African governments are increasingly turning to local banks to fund their budgets, paying higher borrowing costs at home than abroad and putting new pressure on domestic lenders, the International Monetary Fund (IMF) warned on Thursday.<div cl

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Nestlé to cut 16,000 jobs worldwide in major restructuring move

Business • 10:53 AM

3 min

Nestlé is cutting 16,000 jobs globally to streamline operations, focus on high-return products, and shore up profitability under new CEO Philipp Navratil.<div class="small-12 column text-center article__button"><a href="https://www.euronews.com/business/2

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Morocco prepares for busy tourist season after record influx of visitors

Business • 12:47 AM

2 min

Morocco welcomed 15 millions tourists in the first nine months of 2025, according to the ministry of tourism.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/10/16/morocco-prepares-for-busy-tourist-season-a

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Sudan's oil production dropped after South Sudan secession, finance minister says

Business • 5:08 PM

1 min

Sudanese Finance Minister Gibril Ibrahim spoke during the Russian Energy Week Forum in Moscow on Wednesday.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/10/15/sudans-oil-production-dropped-after-south-su

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Morocco expands aerospace sector with new Safran engine plant

Business • 9:06 AM

1 min

Morocco’s King Mohammed VI and Crown Prince Moulay El Hassan attended on Monday the foundation stone-laying ceremony for a new aircraft engine complex by France’s Safran Group in Nouaceur, near Casablanca.<div class="small-12 column text-center article__b

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Audit reveals 17bn revenue underreporting in Congo’s mining firms

Business • 12:42 AM

2 min

A state audit has revealed that mining companies in the Democratic Republic of Congo failed to report a staggering $16.8 billion in revenue between 2018 and 2023.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/

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Botswana: New rule to promote local ownership of mines

Business • 8:42 AM

1 min

Companies are required to sell a 24% stake in new concessions to local investors if the government chooses not to buy. Botswana, the world's top diamond producer by value is keen to increase local ownership of its mineral wealth and to promote local value

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