The Bank of Zambia (BoZ) has revealed that the country may introduce a central bank digital currency (CBDC) in the formal financial system. Nigeria’s central bank...
Egypt, the world’s top importer of wheat, is looking for new sources after the Russian invasion of Ukraine disrupted crucial supply from the two major exporting...
The $4.2bn (£3.8bn) mega dam, located in the western Benishangul-Gumuz region, River Nile; Grand Ethiopian Renaissance Dam (GERD), has generated electricity for the first time. The...
Russia’s invasion of Ukraine on February 24 is casting a long shadow across Africa – a devastating effect on some African states, threatening their economies and...
Red Lands Roses in Kenya produces some of the boldest shades of roses, from a glossy red to a bright yellow and even a vivid pink....
South African Finance Minister Nhlanhla Nene has asked President Cyril Ramaphosa to remove him after he admitted to visiting the home of the Gupta brothers, friends...
By Margaret Njugunah Approximately 155 million mobile money transactions worth US$2.7 billion are conducted in Somalia every month, making it one of the most active mobile...
Kenya is likely to borrow another Sh600 billion this financial year after revenue shortfalls, pushing the country deeper into the debt trap. It had earlier been...
The private sector has been urged to re-position itself to assist the country escape the middle income trap. This refers to a situation where countries that...
Ivory Coast granted cocoa export licences to 68 companies and cooperatives for the 2018/19 season, a document seen by Reuters showed on Monday, despite earlier indications...