Oil marketers and the Nigerian Midstream and Downstream Petroleum Regulatory Authority expect refined petroleum product prices to reduce as another public refinery in Warri begins operations....
Kenya’s statistics agency said on Tuesday that Kenya’s consumer price inflation increased slightly to 3.0% year-over-year in December from 2.8% the previous month. According to a...
Transnet, a state-owned logistics company in South Africa, announced on Tuesday that it had lost 2.2 billion rand ($117.48 million) for the six months ending September...
A 15 billion yuan ($2 billion) currency-swap arrangement between China and Nigeria has been extended to boost investment and commerce between the two countries. According to...
As anticipated, Egypt’s central bank has maintained its overnight interest rates, stating that although inflation was predicted to drop significantly in early 2025, it was still...
According to the African Development Bank (AfDB), illicit money flows and profit shifting by multinational corporations doing business in Africa cost the continent over $1.6 billion...
Egypt and the International Monetary Fund (IMF) have reached a staff-level agreement over the fourth review of the Extended Fund Facility arrangement, which might lead to...
In a recent statement, the eastern government of Libya claimed it had reached a consensus on a plan to eliminate gasoline subsidies and would draft a...
To lower borrowing costs for vulnerable nations, the World Bank has announced the elimination of several loan fees. The action is a component of larger initiatives...
The highest court in Mozambique affirmed Monday that the incumbent Frelimo party won the October election, sparking widespread demonstrations from opposition parties who claim the vote...