A shortage of hard cash and a severe drought that has caused power outages in copper-producing Zambia have made its currency, the kwacha, fall to a record...
There is no shortage of news from the UK, a major former colonial master in Africa, over whose former empire the sun reputedly never set. We...
Shell Nigeria, a multinational oil company, claims that through the operations of Shell Petroleum Development Company of Nigeria Limited and Shell Nigeria Exploration and Production Company...
Zimbabwe’s Treasury says that the newly introduced gold-backed currency is the official unit of exchange for transactions. It also stated on Tuesday that laws requiring businesses...
After its executives were invited to Nigeria and subsequently arrested as part of a crackdown on cryptocurrencies, the CEO of cryptocurrency exchange, Binance, warned that the...
The World Bank has announced that it has granted a $138.5 million loan to assist Namibia in strengthening its transmission network and integrate renewable energy projects...
The Securities and Exchange Commission of Nigeria plans to delist the country’s currency, Naira, from all peer-to-peer cryptocurrency platforms to combat dollar racketeering and exchange rate...
The name of the organisation is as opaque as a name can get: World Bank’s International Development Association (IDA). I had never heard of it. And...
Daniel Chapo has announced that he will run for president in the October election on behalf of the ruling FRELIMO party in Mozambique. Since achieving independence...
In a move aimed at increasing local supply, Nigeria’s power regulator has directed the grid operator to reduce supplies to consumers abroad. The Nigerian Electricity Regulatory...