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Business

Nigerian Oil Regulator Rejects Shell’s $1.3 Billion Asset Sale to Local Consortium

Nigeria’s oil industry regulator has rejected Shell’s proposed $1.3 billion divestiture of its onshore assets to a local consortium, Renaissance Africa Energy Company...

Business

Jumia to Exit South Africa and Tunisia

Africa-focused e-commerce giant Jumia Technologies is set to shut down its South African fashion retailer Zando and cease its operations in Tunisia by...

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Shocking Bust in DR Congo: $800K Cash and Gold Bars Seized from Chinese Nationals

In a dramatic turn of events, three Chinese nationals were apprehended in the eastern Democratic Republic of Congo with a staggering haul of...

Shift in West African Military Landscape as Ivory Coast and Senegal Expel French Forces

In a landmark decision affecting the military footprint of former colonial powers in West Africa, Ivory Coast has declared the withdrawal of French...