EU mulls free trade pact with Africa

The European Commission President Jean-Claude Juncker said in a keynote speech on Wednesday European Union should…

Nigeria, China sign $2bn deal on cotton value chain industry

The Minister of Industry, Trade and Investment, Okechukwu Enelamah says Nigeria has signed a Memorandum of…

DMO says China Exim loan only 8.5% of external debt

The Debt Management Office (DMO) said Tuesday that China Exim loans are only one of the…

Trafigura loses last big Angolan oil deal

Trafigura has lost its last big contract in Angola, once a core market and revenue generator…

Turkey, Sudan sign agriculture, oil exploration deals

Turkey and Sudan have signed a $100 million oil exploration deal and an agreement allocating thousands…

PHOTOS: Buhari presides over FEC meeting

South Sudan to pay Sudan $1.2bn oil debt

South Sudan’s Petroleum Minister, Ezekiel Lol Gatkuoth, said on Tuesday the country will pay its outstanding…

FG bars states owing salaries from accessing Paris Club refund

The Federal Government on Tuesday said states must clear the backlog of salaries and other related…

Australian coal port gets respite on $3.2bn debt refinancing

Australia’s Wiggins Island Coal Export Terminal on Tuesday obtained court approval for a $3.2 billion debt…

DP World vows to defend claim over Djibouti port

DP World, Dubai’s global port operator said on Tuesday it will pursue all “legal means” to…

Durban port: Transnet to deepen berths to accommodate larger vessels

South Africa’s Transnet on Tuesday said it will spend R7 billion ($464million) to deepen berths at…

China urges WTO for sanctions in U.S. trade dispute

China will ask the World Trade Organization (WTO) next week for permission to impose sanctions on…