A recent survey by Reuters has suggested that the Zambian, Kenyan, Ugandan, and Ghanaian currencies might all be edging towards stability in the coming weeks, while...
Citing an increase in domestic output, Kenya on Tuesday banned sugar imports from outside the East African Community (EAC) and the Common Market for Eastern and...
Egypt’s annual urban inflation rate unexpectedly rose to 26.2% in August from 25.7% in July, according to figures from the CAPMAS statistics agency released on Tuesday....
Kenya’s High Court has temporarily halted plans to lease the Jomo Kenyatta International Airport (JKIA) to Indian conglomerate, Adani Enterprises. In an urgent lawsuit certified...
Amidst mounting concerns about Uganda’s economy’s debt crisis, the total value of refinanced government securities exceeded 50% of all Treasury Bills and bonds issued in the...
One of Nigeria’s commodities trading organisations, A.R.N Foods, is making the move into rice milling and production. To process high-quality rice and increase food security in...
To increase freight volumes that had fallen as a result of decades of underinvestment, Zimbabwe’s state-owned railway operator has opened up its network to private operators,...
To restore the viability of its public finances, South Africa must seek aggressive fiscal consolidation, according to a statement from the International Monetary Fund (IMF). The...
The World Bank and French Development Agency (AFD) gave Uganda nearly $600 million to build infrastructure and manage garbage in Kampala, the government and the multilateral...
Kenya has joined the China-led Asia Infrastructure Investment Bank (AIIB), an organization created to compete with the US-backed IMF and World Bank, to secure more extensive...
Oil marketers and the Nigerian Midstream and Downstream Petroleum Regulatory Authority expect refined petroleum product prices to reduce as another...
Kenya’s statistics agency said on Tuesday that Kenya’s consumer price inflation increased slightly to 3.0% year-over-year in December from 2.8%...
Transnet, a state-owned logistics company in South Africa, announced on Tuesday that it had lost 2.2 billion rand ($117.48 million)...
A 15 billion yuan ($2 billion) currency-swap arrangement between China and Nigeria has been extended to boost investment and commerce...
As anticipated, Egypt’s central bank has maintained its overnight interest rates, stating that although inflation was predicted to drop significantly...
According to the African Development Bank (AfDB), illicit money flows and profit shifting by multinational corporations doing business in Africa...
Former Nigerian Aviation Minister, Femi Fani-Kayode, has told President Abdourahamane Tchiani of Niger Republic to refrain from making infantile and...
Elon Musk’s satellite internet service provider, Starlink, has again jacked up the prices of its services in Nigeria after an...
The former President of Moroccan top club, Raja Casablanca, Mohamed Aouzal, has been sentenced to three and a half years...
The Zambian Ministry of Health has reported a second case of Monkeypox, popularly known as Mpox, in Kitwe region of...