The Somali government has announced the licensing of foreign banks for the first time in over two decades six weeks after President Hassan Sheikh Mohamoud was...
The management of the Egyptian Suez Canal has announced a record profit of $7 billion for the 2021-2022 fiscal year, which it said was as a...
The Central African Republic (CAR), has launched it’s own cryptocurrency known as ‘Sango’, making the country the first in Africa to launch the construction of its...
West Africa country, the Gambia has banned exportation of timber and permanently revoked all timber export licenses. According to stamen by the government, the policy as...
The Liberian Deputy Finance Minister for Economic Management, Augustus Flomo, has disclosed that the country’s domestic debt portfolio has risen to $708 million since December 2021....
Petroleum regulator in Nigeria has revealed that Africa’s top producer lost $1 billion in revenue during the first quarter of this year through crude oil theft....
West African country, Ghana, has swallowed its pride as it made bold steps to commence formal engagements with the International Monetary Fund (IMF), to support the its...
The World Bank Board of Executive Directors, has approved a USD 500 million loan to Egypt Bank to help finance its wheat purchases as prices skyrocket because of the Russian invasion...
The African Development Bank (AfDB) says it will be sponsoring Rwanda’s venture to host the new African Pharmaceutical Technology Foundation. The venture is expected boost the continent’s access to technology...
Farmers union in Tunisia has forecasted that output will fall well short of government hopes following heat waves and fires that are badly damaging the country’s grain harvest. Farmers union official Mohamed Rejaibia, pointing to...