Investors holding Ethiopia’s defaulted $1 billion bond have contested the International Monetary Fund’s (IMF) evaluation of the country’s debt relief needs. They argue that the IMF has ...

The recent G20 foreign ministers’ meeting revealed significant economic divisions, as global economic challenges, including inflation, trade tensions, and the ongoing Ukraine conflict, remain ...

The African Growth and Opportunity Act (AGOA), granting duty-free access to the U.S. market for eligible African countries, is set to expire on September 30, 2025. With President Donald Trump’s ...

Anglo American has reduced the value of its diamond subsidiary, De Beers, by $2.9 billion, marking the second consecutive year of such writedowns. This adjustment reflects ongoing challenges in ...

Kenya’s tea industry faces potential setbacks following a diplomatic dispute with Sudan. The Sudanese government recalled its ambassador after Kenya hosted a political meeting for Sudan’s ...

Africa’s young population faces high unemployment and inflation, stifling economic progress. Despite better education, many struggle to secure stable jobs, forcing them into informal work or ...

Founded in 1996, iAfrica stands as one of South Africa's most enduring portals. In 2018, Africa.com acquired iAfrica, consolidating its position in the digital landscape. Renowned for its diverse ...

Kenya is set to receive a $1.5 billion loan from the United Arab Emirates (UAE) by the end of next week, according to sources familiar with the matter. This funding aims to bridge Kenya’s budget ...

Kenya’s tax authorities are investigating British American Tobacco Kenya (BAT Kenya) for a $28 million tax discrepancy. The investigation centers on alleged underreporting of taxable income ...

Formula One’s governing body urged fans to show more respect after ‘tribalist’ booing of four-times champion Max Verstappen and his Red Bull boss Christian Horner at a 10-team season launch.

Arsenal’s Premier League title hopes suffered a hammer blow when Jarrod Bowen’s goal just before halftime gave London rivals West Ham United a surprise 1-0 away victory on Saturday. Bowen ...

Late goals from Bruno Fernandes and Manuel Ugarte helped Manchester United come from behind to earn a dramatic 2-2 draw at Everton in the Premier League on Saturday after the hosts were denied a ...