Oil rich West African country, Nigeria has launched state owned Nigerian National Petroleum Corporation (NNPC) as commercial venture. President Buhari while speaking at the official unveiling...
The Executive Board of the International Monetary Fund (IMF), on Monday, approved a $235.6 million loan disbursement to Kenya as part of a 38-month arrangement under...
The agriculture ministry in Malawi has explained that the country’s maize output declined by 18.9% in the 2021/22 farming year because of drought, tropical cyclones and...
Official data from Nigeria’s National Bureau of Statistics (NBS) shows that inflation rate increased to 18.60 percent on a year-on-year basis. Driven by rising prices of...
The Egyptian presidency has revealed that President Abdel Fattah al-Sisi discussed food security with President Joe Biden of the US at the Arab summit in Jeddah....
For the first time in 30 months, fuel prices have gone up in Egypt in what the country’s opposition figures believe could trigger a fresh round...
The President of Uganda, Yoweri Museveni, has rejected a recent World Bank data which classified the eastern African country as a low-income nation, saying the report...
The Egyptian Ministry of Petroleum and Mineral Resources said its Fuel Automatic Pricing Committee (FAPC) has decided to raise fuel prices for the third quarter (Q3)...
After almost three months of blockade due to the political crisis in the country, the Libyan National Oil Company (NOC) has resumed crude exports from two...
Cash-strapped East African country, Ethiopia, has moved closer towards restructuring its debts under a common framework set up by the Group of 20 economies. A source...