Prime Minister Abiy Ahmed of Ethiopia has defended this week’s move to a foreign exchange rate set by the market, claiming that it was not a...
The International Monetary Fund (IMF) has announced that it has finished a review and that Egypt may now take out $820 million. It added that efforts...
The International Monetary Fund (IMF) announced on Monday that Ethiopia had successfully negotiated a $3.4 billion new credit programme. The news came the same day Ethiopia’s...
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....
Moroccan doctors across the country on Tuesday staged a nationwide protests in what is known as “Week of Anger,” accusing...
The Zambian Drug Enforcement Commission (DEC) has declared the daughter of former president Edgar Lungu, Tasila Lungu, wanted in connection...
President Bola Tinubu has called on Nigerians to develop the habit of praying for their leaders to enable them serve...
Some officials of the World Bank have questioned if the study supporting Ethiopia’s debt restructuring may be “faulty” after criticising...
he death toll from the Cyclone Chido which stuck Mozambique last week has risen to 94 with hundreds still missing....
After four years of being in the cooler as a result of suspension by government, Facebook, now Meta, is making...
Nigerian President, Bola Ahmed Tinubu, has insisted that the country is moving in the right direction despite the criticism of...
A Non-Governmental Organization in Zambia, the Gender Organizations Coordinating Council (NGOCC), has decried what it described as persistent corruption in...
he African football fraternity was thrown into mourning following the untimely demise of promising Kenyan striker, Ezekiel Otuoma, who died...
The Nigeria Police has rejected a report by Amnesty International that accused the force of killing protesters during the #Endbadgovernance...