Ethiopia’s central bank on Monday floated the country’s currency, the birr, in an attempt to resolve the long-delayed debt restructuring deal. The largest lender in the...
Libya’s National Oil Corporation (NOC) on Sunday denied there are ongoing negotiations to deliver crude oil to a Nigerian refinery. Last week, a senior executive from...
The African Development Bank (AfDB) has granted Morocco two 120 million euro ($130 million) loans to construct an industrial zone in a northeastern port and enhance...
On Sunday, Egypt’s Ministry of Petroleum and Mineral Resources inked two $340 million deals with multinational corporations to increase Mediterranean and Gulf of Suez oil and...
Nigeria has received $10.9 billion from the African Development Bank (AfDB), comprising $4.9 billion in public and private sector initiatives. AfDB Director-General of the West Africa...
A recent study that sampled seventeen economists by Reuters has predicted slower economic growth for Egypt in April after a $8 billion IMF accord in March....
To get around issues with local supply, Nigeria’s Dangote refinery is in negotiations with Libya to get crude for the 650,000 barrels per day (bpd) plant....
The central bank of Angola maintained its main interest rate at 19.5% on Friday, noting a possible short-term improvement in the supply of necessities and a...
The International Cocoa Organisation (ICCO) reports that 81% of a significant cocoa-producing region in Ghana, the second-largest cocoa grower in the world, is affected by swollen...
The $30 billion in income that Dangote Group plans to generate by the end of 2025, according to company President Aliko Dangote, will strengthen the naira....