by afrikanfrontier | Jan 2, 2024 | Business, News, Politics
Angola recently declared its exit from the Organisation of the Petroleum Exporting Countries (OPEC) after 16 years of membership. This departure stems from a contentious disagreement within the oil-producing cartel over production quotas, with Angola refusing to...
by afrikanfrontier | Dec 14, 2023 | Business, Finance, News, Politics
Tidjane Thiam, the former Chief Executive Officer of Credit Suisse, has announced his electoral bid for the leadership of the Democratic Party of Ivory Coast, the country’s main opposition party. Thiam, who led the Swiss bank from March 2015 to February 2020,...
by afrikanfrontier | Nov 7, 2023 | Business, News
Egypt, one of Kenya’s prominent trade partners for its black tea exports, is actively considering a barter arrangement as a means of securing this popular commodity without dipping into its foreign reserves. As the world’s leading exporter of black tea,...
by afrikanfrontier | Nov 7, 2023 | Business, News
The Logistics Group has successfully completed the construction of a state-of-the-art port facility in South Africa, significantly enhancing the offloading capacity for manganese. The new Saldanha Dry Bulk Terminal represents a milestone in logistics infrastructure,...
by afrikanfrontier | Nov 7, 2023 | Business, Finance, News
The Bank of Zambia has implemented measures to address the sharp depreciation of the kwacha, one of the world’s poorest-performing currencies in recent times. Since the beginning of the second half of the year, the kwacha has experienced a significant decline of...
by afrikanfrontier | Nov 7, 2023 | Business, News
In Lagos, the sprawling Nigerian megacity, generators have become a necessity, providing a lifeline for millions to counteract frequent power outages. However, a potential transformation towards cleaner and more sustainable energy sources is now looming on the horizon...