Five months after its launch, Zimbabwe’s new currency is under strain as grain imports deplete foreign reserves, threatening the government’s ambition to make it the only...
Prime Minister Mostafa Madbouly stated on Thursday that Egypt hoped to resume regular production at its natural gas reserves by the summer of next year, indicating...
Giyani Metals, Botswana’s first manufacturer of manganese suitable for batteries, revealed that the country had granted it a 15-year mining permit. The demand for manganese, a...
Ghana has recorded its strongest rate of economic growth in five years in the second quarter of 2024, with the country’s statistics agency reporting on Thursday...
The Central Bank of Nigeria (CBN) has issued new guidelines on Ways and Means which limit Ways and Means Advances to the federal government to 5%...
The International Monetary Fund (IMF) said on Tuesday that it had had productive discussions with Kenya’s government on its economic and fiscal goals after widespread protests...
Commercial International Bank (CIB), Egypt’s largest private bank, announced on Monday that long-time chairman and previous CEO Hisham Ezz al-Arab will become CEO. Neveen Sabbour, a...
Nigeria’s August inflation rate declined for a second month to 32.15% from 33.40% in July, the statistics office reported on Monday. This comes after the month...
Uganda Airlines has begun offering direct service to Entebbe, located in central Uganda, from Abuja, Nigeria’s capital. According to the airline, the new route should...
Malawi’s industry regulator reported on Saturday that tobacco sales, its main export, rose 40% in 2024 despite an El Nino-induced drought. The Malawi Tobacco Commission (TC)...