A World Bank arbitration court has ordered Tanzania to pay $185 million to Standard Chartered over the breach of an energy contract.
Pan-African conglomerate Mara Group has launched the first two “Made in Africa” smartphones in Rwanda.
Regulators in Kenya are camping down on sports betting in the country by imposing new taxes on the country’s biggest companies in the field.
Technology firms in South Sudan have launched the country’s first mobile money service.
Sudan’s newly-appointed prime minister, Abdalla Hamdok, has urged the United States to remove his country from its list of state sponsors of terrorism list at the 74th session of the United Nations General Assembly.
Work on an oil pipeline project between Uganda and Tanzania has been suspended after Total SA allegedly scrapped plans to buy a stake in Tullow Oil Plc’s oil fields in Uganda.
Sudan’s former president Omar al-Bashir has been charged with corruption and the illicit possession of foreign funds by a court in Khartoum.
Sudan’s former president Omar al-Bashir has admitted to receiving US$25 million from Saudi Arabia’s crown prince.
Ethiopia’s government says it is considering significant economic reforms as part of an effort to ease the country’s foreign currency shortage.
The government of Rwanda has been accused of manipulating poverty data by London-based publication, Financial Times.