Zimbabwe’s economic woes continue as the Southern African country’s central bank said it was raising its key rate to 200 percent. The decision makes Zimbabwe’s rate the highest in the world as...
The World Bank has predicted that the economic growth in Mozambique is expected to accelerate in the medium term averaging 5.7% between 2022 and 2024, as...
The governments of Nigeria, Algeria and Niger Republic have held talks to revive a gas pipeline project across the Sahara which had been put on hold...
Inflation rate in South Africa jumped to 6.5% in May of 2022, from 5.9% in April and March, exceeding the central bank’s stated target. Official data released on...
Following Saudi Crown Prince Mohammed bin Salman, visit to Egypt over the weekend, the Kingdom and Egypt have announced deals worth $7.7 billion to strengthen economic ties. Saudi Arabia is...
The Sudanese government’s decision to back out of promises to purchase wheat at favourable prices has put the harvest at the risk of wastage. Sudan’s Minister of Finance and head of...
From July 1, Morocco will commence the imposition of new import tariffs on all online purchases from abroad in a bid to tackle unfair competition and...
With the surge in oil prices in the global market, the Kenyan government says it will gradually raise its domestic fuel prices while working to end...
Egypt, Israel, and the European Union have signed a tripartite deal to increase liquified natural gas sales to EU countries aimed at reducing the dependence on...
Global digital giants like Google, Facebook, Whatsapp, Instagram, and other digital platforms operating in Tanzania will have to start paying a 2% revenue tax beginning from...