U.S. private equity and hedge funds are backing an effort by Ethiopia to turn itself into an exporter of electricity…
There are indications that the United States may halt crude oil import from Nigeria by 2022, as it moves closer…
The world’s biggest container shipping line is trying to stop customers like Amazon.com Inc. and Alibaba Group Holding Ltd. from…
Millions of dollars of federal funds for a failed carbon capture and sequestration project were improperly spent on liquor, lobbying,…
Amazon (AMZN, +3.50%) is cutting hundreds of jobs at its Seattle headquarters in a rare set of layoffs for the…
"I am proud to see the first woman Ibrahim Laureate, and I hope Ellen Johnson Sirleaf will continue to inspire…
In an astonishing sign of lack of confidence in Steinhoff International, Steinhoff’s former chairperson Christo Wiese has cut his stake…
Britain’s Serious Fraud Office has charged Barclays Bank with unlawful financial assistance to Qatari investors, extending to the lender’s operating…
As Kenya’s shilling appreciates in spite of a political crisis that shows little sign of abating, warning signs are starting…
After two days of legal wrangling, lawyers for Google’s self-driving car company Waymo on Wednesday injected a little bit of…
Tesla has lost another executive—this time its president of global sales and service, and CEO Elon Musk says he has…
Samsung Electronics’ (005930.KS) ailing chairman, Lee Kun-hee, was named by South Korean police on Thursday as a suspect in an…
Steve Wynn has stepped down as the CEO of Wynn Resorts after allegations of sexual misconduct piled pressure on the…
The Chicago-based owner of the Los Angeles Times is expected to announce it is selling the newspaper, according to people…
Swedish investment company, Kinnevik and South African media group, Naspers have been longtime public investors in Konga, which was recently…
The rout in cryptocurrencies intensified, sending Bitcoin to its lowest level since October, as worries over tighter regulation by U.S.…
Naspers is asking Investec to withdraw an analyst report that it says contains errors and has damaged Africa’s biggest company…
The Zinox Group has reportedly acquired Konga but the financial aspects of the deal are still not in the public…
Investec Plc Chief Executive Officer Stephen Koseff and Managing Director Bernard Kantor will step down in October after 40 years…
Walmart executives will ask vendors to deliver more merchandise on time or face fines, in an effort to keep their…