Investment

Taking the next step in their dramatic diplomatic thaw, the leaders of Ethiopia and Eritrea on Tuesday officially opened the border where a bloody war divided them for decades, with emotional residents embracing after years of separation. Ethiopia later announced that troops on both sides would withdra...

Neighbors Eritrea and Djibouti have agreed to normalize relations after a decade of diplomatic stalemate in the latest thaw between countries in the strategic Horn of Africa region. Ethiopia’s foreign minister, Workneh Gebeyehu, called the decision “a historic diplomatic achievement” in a Facebook post. The...

The South African economy has fallen into recession, compounding concerns about its weakening currency, plans for land reform and fallout from state corruption under former president Jacob Zuma. The Statistics South Africa group said Tuesday that the economy shrank by 0.7 percent in the second quarter of 2018...

Emboldened by a new peace deal, civil war-torn South Sudan says it will resume oil production in a key region next month to make up for more than $4 billion of revenue lost during years of fighting. South Sudan, with Africa’s third-largest oil reserves, will renew drilling in northern Unity State for the first...

Dancing gamely with school kids and meeting with South African President Cyril Ramaphosa, British Prime Minister Theresa May Tuesday launched her three-nation African tour by pledging to make Britain the biggest investor in Africa from the developed world. With Britain due to leave the European Union in March...

Kenya’s president will meet with President Donald Trump on Monday as East Africa’s commercial hub emerges from months of electoral turmoil. President Uhuru Kenyatta is the second African leader to meet with Trump at the White House. Nigeria’s president visited earlier this year. Kenyatta’s office says he and Trump...

Apple is the world’s first publicly traded company to be valued at $1 trillion, the financial fruit of stylish technology that has redefined what we expect from our gadgets. The milestone reached Thursday marks the latest triumph of a trend-setting company that two mavericks named Steve started in a Silicon Valley...

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Across Zimbabwe, millions of voters lined up to cast their ballots in crucial presidential and parliamentary elections, the first since the country’s independence in 1980 without Robert Mugabe as a candidate. Voting generally was peaceful. President Emmerson Mnangagwa cast his ballot in the central city of Kwekwe,...