Eight brown and green field hydropower projects built through public-private partnerships are expected to yield 1,268 megawatts of electricity, according to the Nigerian government. It was...
In an effort to reduce national debt and increase the amount of money in circulation in the face of a lack of foreign currency, the Bank...
Economic sanctions on Niger, Mali, and Burkina Faso were lifted with immediate effect by the Economic Community of West African States (ECOWAS) on Saturday. This came...
Thani Al Zeyoudi, the United Arab Emirate’s minister of foreign trade, has announced that his country and Kenya have reached an agreement for a comprehensive economic...
Governments, commercial banks, merchant banks, other financial institutions (OFIs) and public officials are among the groups that the Central Bank of Nigeria (CBN) has prohibited from...
The International Monetary Fund (IMF) has reported that talks to expand Egypt’s loan programme are going well. The IMF stated that Egypt needed a “very comprehensive...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria will have its first interest rate meeting since July next week, after the Senate on...
Following consistent drastic monetary policy interventions by its central bank, Zambia’s currency, the kwacha, has become Africa’s best-performing currency against the US dollar thus far this...
According to data from Nigeria’s National Bureau of Statistics (NBS), foreign investments into the industrial sector increased by $644 million in 2023 to $1.5 billion from...
Six members of five armed organisations in the eastern Democratic Republic of the Congo (DRC) have been sanctioned by the United Nations Security Council as violence...
21-year-old Ugandan TikToker and content creator, Emmanuel Nabugodi, has been sentenced to 32 months in prison for allegedly insulting President...
President of one of Zambia’s opposition parties, the National Democratic Congress (NDC), Saboi Imboela, has been fined K25,000 after being...
Orange Egypt has earmarked the sum of $52.7 million to support African startups in what is going to be the...
A report released by the United States Embassy in Abuja has reveals that Nigeria is currently ranked seventh on the...
Nigerian Afro-Pop superstar, David Adeleke, popularly known as Davido, has announced plans to donate the sum of N300 million to...
Ten African startups have been selected for the final round of the Latitude59 pitch competition which will see the winner...
The Zambia Conference of Catholic Bishops (ZCCB) has decried what it describes as a shrinking and deteriorating democratic environment, marked...
Nigeria’s Vice President, Kashim Shettima, has predicted that the country’s economy will grow in leaps and bounds in 2025 due...
During a state visit to Nigeria on Sunday, Indian Prime Minister, Narendra, Modi reached an agreement, on behalf of his...
Russian military advisors are in Equatorial Guinea training indigenous soldiers. Anonymous sources cited by Reuters during the week claim that...