Somalia and the United States have signed a petroleum exploration agreement for seven offshore blocks with US-based Coastline Exploration. The deal was signed after a review...
Southern African country, Namibia signed a deal with the European Union to sell its rare earth minerals, critical to the renewable energy sectors, mines, and energy....
Traders in Ghana’s capital, Accra, on Wednesday, shut their shops and businesses as the Ghana Union of Traders Association (GUTA), declared a three-day protest over the...
The Ghanaian Cedi has been officially designated as the world’s worst-performing in 2022 as investors continued to squeeze foreign capital into the West African country, according...
The inflation rate in Nigeria continued on an upward trend as it surged to 20.77% in September 2022, up from 20.52% recorded in August. The country’s...
Sudan is in advanced talks with the United Arab Emirates on a project to build a port along the country’s Red Sea coast, the country’s Finance...
Egypt’s finance minister, Mohamed Maait has revealed that the country has finalized a staff-level agreement with the international monetary fund (IMF) on the components of its...
The Ethiopian federal government has restricted the use of foreign currencies for business transactions in a bid to shore up the country’s dwindling foreign reserves. The...
As the financial mess in many African countries persists, International Monetary Fund chief, Kristalina Georgieva will once again push for debt restructuring for North African neighbors,...
Zambia’s finance minister, Situmbeko Musokotwane has revealed that the country is in touch with China and all its other creditors as it continues to negotiate a...