Business & Economy

As new figures reveal a collapse in pirate activity off Nigeria, authorities are demanding an end to the War Risk Insurance Premium on imports. By Francis Ezem in Lagos. The federal government of Nigeria is currently pushing for the abolition of the controversial War Risk Insurance Premium f...

As Nigerians prepare to vote in gubernatorial elections over the next 12 months, Emeka Chigbu reports how the economic situation couldn’t be more fragile in Africa’s most-populous nation.

Ten months after opening, Kenya’s new Lamu container port remains worryingly underused. By Zachary Ochieng in Nairobi.

Egypt business news Chinese ride-hailing giant DiDi Chuxing has launched operations in Egypt. The company will operate its ‘Wasalny’ or ‘Wasalny+’ services in the Alexandria governorate, in a move that rivals competitor Uber. Operating across 17 countries globally, Egypt is DiDi’s second Afric...

Restriction-free Zanzibar saw visitor numbers skyrocket during the pandemic. But as the rest of the world emerges from self-inflicted downturns, Judy Cogan discovers the Tanzanian archipelago is looking to build on its tourism success, with a new 70-storey skyscraper, airport and multi-billion-...

A new report has shone light on the aviation giant’s role in the live export of primates and other animals of ‘concern’. By Britt Collins.

Africa's latest business and investment news, including details on the fate of South Africa's embattled Mango Airlines, Uganda's dairy dispute with Kenya and Tanzania and Gabon's newest Unesco-listed reserve.

A staggering 120 billion barrels of black gold are claimed to lie untapped beneath the semi-desert wilderness that straddles the Namibia-Botswana frontier. It’s been heralded as a get-out-of-poverty-quick card for these small, underdeveloped nations. But as exploration licenses begin to be issu...