Tanzania’s central bank announced on Thursday that it had left its benchmark interest rate at 6% unchanged. The benchmark rate was maintained by the central bank...
Food price increases caused Ghana’s inflation to spike in September following five months of decline, the statistics department announced on Wednesday. According to the statistics service,...
According to Ruth Nankabirwa, Uganda’s energy and mineral development minister, the country has established a state-owned mining firm to oversee the government’s equity holdings in mining...
Five months after the country’s new gold-backed currency was established, Zimbabwe’s President Emmerson Mnangagwa on Wednesday pledged to enact corrective measures to safeguard people’s incomes. Zimbabwe...
According to the National Bureau of Statistics, Nigeria’s petrol imports decreased after President Bola Tinubu eliminated the petrol subsidy in May 2023. The report also...
According to President Bola Tinubu, the sale of Exxon Mobil Corp.’s onshore Nigerian assets to Seplat Energy will be approved within a few days after receiving...
To encourage access to trade credit in Africa, the African Development Bank announced on Monday that it had granted financing to Moroccan lender, Bank of Africa,...
Mali’s military-led authorities have arrested four staff of the world’s second-largest gold miner, according to sources cited by Reuters. The four Barrick employees were arrested for...
Tanzania’s mining regulator has ordered all gold exporters to sell at least 20% of the metal to the central bank to diversify its foreign reserves. The...
As it emerges from its worst drought in living memory, Zambia hopes to achieve a fast recovery in economic growth and a halving of its budget...
Oil marketers and the Nigerian Midstream and Downstream Petroleum Regulatory Authority expect refined petroleum product prices to reduce as another...
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%...
Transnet, a state-owned logistics company in South Africa, announced on Tuesday that it had lost 2.2 billion rand ($117.48 million)...
A 15 billion yuan ($2 billion) currency-swap arrangement between China and Nigeria has been extended to boost investment and commerce...
As anticipated, Egypt’s central bank has maintained its overnight interest rates, stating that although inflation was predicted to drop significantly...
According to the African Development Bank (AfDB), illicit money flows and profit shifting by multinational corporations doing business in Africa...
Former Nigerian Aviation Minister, Femi Fani-Kayode, has told President Abdourahamane Tchiani of Niger Republic to refrain from making infantile and...
Elon Musk’s satellite internet service provider, Starlink, has again jacked up the prices of its services in Nigeria after an...
The former President of Moroccan top club, Raja Casablanca, Mohamed Aouzal, has been sentenced to three and a half years...
The Zambian Ministry of Health has reported a second case of Monkeypox, popularly known as Mpox, in Kitwe region of...