Business
8 hours ago
Nigeria has revoked 924 dormant mining licences while calling on investors to apply for the licences offered on a first-come, first-served basis. Meanwhile, the Lagos Chamber of Commerce and Industry is urging the government to review the mining industry strategy to attract mineral exploration investments, reignite mining project development, and accelerate new mineral discoveries.
2 days ago
Boeing said Wednesday that it lost $355 million on falling revenue in the first quarter, another sign of the crisis gripping the aircraft manufacturer as it faces increasing scrutiny over the safety of its planes and accusations of shoddy work from a growing number of whistleblowers.
2 days ago
The European Commission on Wednesday announced it is launching an investigation into Chinese public procurement of medical devices.
2 days ago
Private sector players are urging the Nigerian government to suspend the increase in electricity tariff for band A customers, citing the recent appreciation of the naira, a part of the determining factor for the tariff. Segun Ajayi-Kadir, Director General of the Manufacturers Association of Nigeria, joins CNBC Africa for this and more.
3 days ago
The German government revised its economic growth forecast for 2024 marginally from 0.2% to 0.3%, Economy Minister Robert Habeck confirmed on Wednesday afternoon.
3 days ago
Aigboje Aig-Imoukhuede, the Chairman of Access Holdings says the move by the group to raise $1.5 billion over five years reflects the financial institutions growth plans. Speaking with CNBC Africa's Kenneth Igbomor, Aig-Imoukhuede reiterates that the decision for a rights issue was in line with the role of its shareholders in the growth of the bank over the years.
3 days ago
Infusions, anti-aging creams or anti-stress drops made from cannabis are some of the food supplements that Morocco will begin to market imminently and that are already on display at the International Agriculture Exhibition (SIAM) inaugurated this Monday, after legalization of this plant in 2021 for pharmaceutical and industrial uses.
4 days ago
Only 40 of 100 private firms studied have pledged to achieve zero carbon emissions, compared to 70 out of 100 publicly-listed firms. Net Zero Tracker blames a lack of market and reputational pressures, as well as an absence of regulation.
4 days ago
South Africa is edging closer to a major healthcare overhaul with a bill that aims to provide universal coverage, but concerns are mounting over whether the struggling public system is ready to implement such an ambitious plan, healthcare workers, patients and business groups say.
22 Apr
Goldman Sachs expects the naira to extend recent gains following its record as the best performing currency in the world this month. The group forecasts the local currency could trade about 1,000 naira to the U.S. dollar or below based on continued effective policy management by the Central bank of Nigeria.
21 Apr
Talking Europe hosts former Spanish foreign minister Arancha Gonzalez Laya, who is now dean of one of the top international relations schools in the world – the Paris School of International Affairs.
21 Apr
The United Arab Emirates struggled on Thursday to bring life back to normal, after an unprecedented flood inundated its futuristic Dubai city, flooding roads and highways and rendering its airport inoperable.
21 Apr
New rules for automotive cybersecurity will come into effect in Europe this summer. The tougher electronic safety requirements are forcing several car manufacturers to streamline their offerings.
Latest
30 mins ago
Food brand Everest, a household name in India, has said its fish curry spice blend was safe for use following concerns about a cancer-causing chemical.
31 mins ago
The leader of Russia's Orthodox Church has suspended the priest who led a memorial service for Kremlin critic Alexei Navalny. Church head Patriarch Kirill is a close ally of Russian President Vladimir Putin's.
31 mins ago
Thailand's parliament passed a same-sex marriage bill Wednesday, paving the way for the kingdom to become the first Southeast Asian nation to recognise LGBTQ marriage equality.
1 hour ago
Police clash with pro-Palestinian protesters at university campuses across the US. We look at comparisons with Vietnam War-era student protests and scour the editorial pages of student newspapers. In other news: Portugal marks 50 years today since the end of the Salazar dictatorship on a bittersweet note, as the far right has made gains in recent elections.
1 hour ago
Germany's ambassador to China says she was summoned by Chinese authorities after four Germans were arrested on suspicion of spying for Beijing.
