A high court in Kenya has ordered the immediate freezing of bank accounts where the sum of $48.6 million was deposited on the suspicion that the...
Multinational oil and gas company, Shell Plc has revealed that the volume of crude oil spills caused by sabotage in Nigeria’s oil-rich Delta more than doubled to 3,300 tonnes last year,...
The United Kingdom Minister for Africa, Vicky Ford, on Wednesday revealed that UK based firm, Britain’s Moxico Resources plans to invest $100 million to expand its majority-owned...
To cushion the effects and fallout from the ongoing Russian-Ukraine war, the African Export-Import Bank (Afreximbank) has launched a $4bn credit facility to assist African countries...
Nigeria’s official data source, the National Bureau of Statistics (NBS) has released data (Pdf), which indicated that 24 out of 36 states of the Nigerian Federation got no...
International logistics firm, United Parcel Services, UPS, has entered into a partnership with Jumia to access the e-commerce firm’s delivery infrastructure across many African countries. https://twitter.com/UPS/status/1510980625037205515?s=20&t=LglfUcaJD7mO_1wGEszyNA...
In the midst of political uncertainty in Tunisia, the North African country has managed to double the production of phosphate to1.3 million tonnes in the first...
Egypt’s business and religious ally, Saudi Arabia, has boosted the dwindling economy of the North African country by depositing $5 billion in Egypt’s Central Bank as...
The World Bank has suspended a Nigerian information technology solution company, SoftTech IT Solutions and Services Ltd., and its Managing Director, Isah Kantigi, for alleged corrupt...
The World Bank has predicted that by the end of 2022, the number of extremely poor people in Nigeria will hit the 95.1 million mark, with...