Economy Archives - Page 2 of 55

Drone Attack Sets Fire to Major Libya Fuel Tank at Zawiya Refinery

A major gasoline storage tank at Libya’s Zawiya oil complex, about 40 kilometres west of Tripoli, caught fire and collapsed after an attack that authorities say was carried out by…

Africa News Now August 11, 2026

ANN West Africa

Niger Threatens Sanctions Against Bus Operators After Deadly Collision Kills 22

Nigerian authorities have warned that transport companies STM and SONITRAV could face serious sanctions, including the withdrawal of their operating licences, following a deadly head-on collision that killed 22 people,…

Africa News Now August 11, 2026

ANN West Africa

Zambia Election: Hichilema Targets Youth Vote as Campaign Enters Final Stretch

With Zambia’s presidential election just days away, President Hakainde Hichilema is intensifying his campaign, making a direct appeal to young voters who could play a decisive role in Thursday’s vote.…

Africa News Now August 11, 2026

ANN Northern Africa

Libya Central Bank Governor Naji Issa Resigns Amid Economic and Political Tensions

Libya’s Central Bank Governor Naji Issa has submitted his resignation, adding fresh uncertainty to the country’s fragile financial and political situation. Issa confirmed the resignation, but said the reasons were…

Africa News Now August 10, 2026

ANN Central Africa

DR Congo Releases River Boat After Ebola Fears Prove Unfounded

Authorities in the Democratic Republic of Congo have released a river boat that was detained last week after fears that passengers could be carrying Ebola. Health Minister Samuel-Roger Kamba said…

Africa News Now August 10, 2026

ANN West Africa

Côte d’Ivoire Repurchases CFA415 Billion in Treasury Securities

Côte d’Ivoire has repurchased about CFA414.93 billion ($750 million) in Treasury bonds on the regional financial market, in an operation aimed at managing its short-term public debt. According to UMOA-Titres,…

Africa News Now August 10, 2026

ANN Southern Africa

Zambia Heads to Polls as Hichilema Faces Rising Opposition Challenge

Zambians will vote on Thursday in a closely watched presidential election that will test whether President Hakainde Hichilema’s economic reforms have translated into meaningful improvements in everyday life. About 8.8…

Africa News Now August 10, 2026

ANN West Africa

Ghana Passes Bill to Protect Cocoa Farms, Proposes Up to 20-Year Jail Term for Unauthorized Land Conversion

Ghana's Parliament has passed a landmark bill aimed at protecting the country's cocoa industry by criminalizing the unauthorized conversion of cocoa farms to other land uses, with offenders facing prison…

Africa News Now August 3, 2026

ANN West Africa

ECOWAS Approves US$250,000 Relief Package for Ghana Flood Victims

The Economic Community of West African States (ECOWAS) has approved a US$250,000 (approximately GH¢3 million) humanitarian donation to support victims of the recent floods that devastated several communities across Ghana.…

Africa News Now August 3, 2026

ANN Northern Africa

5.5-Magnitude Earthquake Shakes Eastern Egypt

A 5.5-magnitude earthquake struck eastern Egypt in the early hours of Monday, shaking buildings across Cairo, Suez, and several other cities, prompting authorities to activate nationwide emergency response plans despite…

Africa News Now August 3, 2026

ANN West Africa

Ghana Proposes Five-Year Presidential and Parliamentary Terms in Major Constitutional Reform

Ghana is set to embark on one of its most significant constitutional reform processes in decades after the government endorsed proposals to extend the terms of office for the president…

Africa News Now August 3, 2026