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...
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...
A citizen of Niger Republic has slammed the country’s military leader, President Abdourahmane Tchiani, for neglecting critical issues facing the...
The year 2024 has seen Morocco celebrate a record-breaking 16 million tourist arrivals, surpassing the 12 million mark set in...
Ethiopia’s second largest telecom provider, Safaricom Telecommunications Ethiopia P.L.C., has announced the official launching of its 4G network services in...
Current African Men’s Footballer of the Year, Ademola Lookman, has attributed his rise in the football echelon to his decision...
Two Non-Governmental Organizations (NGOs) in Zambia, the Transparency International-Zambia (TI-Z) and the Continental Leadership Research Institute (CLRI), have rated the...
Egypt and the International Monetary Fund (IMF) have reached a staff-level agreement over the fourth review of the Extended Fund...
In a recent statement, the eastern government of Libya claimed it had reached a consensus on a plan to eliminate...
To lower borrowing costs for vulnerable nations, the World Bank has announced the elimination of several loan fees. The action...
The highest court in Mozambique affirmed Monday that the incumbent Frelimo party won the October election, sparking widespread demonstrations from...
According to the mining minister, Nigeria has removed a five-year restriction on mining exploration in the northwest state of Zamfara,...