Shell will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a blow to the southern African country’s efforts to become a crude producer.

Maxwell Nsona stood in the dried-out bed of the Nthumba River in Malawi’s southern Chikwawa district and recalled how this ...

Ghana’s new government could seek extra funding from the International Monetary Fund during its current, three-year programme with the lender in order to cushion the economy, finance minister ...

Nigeria and China plan to deepen cooperation in areas such as clean energy, defence and finance, with China pledging support for Nigeria’s issuance of Panda bonds to fund infrastructure, the two ...

Ghana’s new President John Dramani Mahama has named chartered accountant and leader of Parliament Cassiel Ato Forson as finance minister, the presidency said in a statement on Thursday. Mahama, who ...