Adebayo Adelabu, the Minister of Power, has said that Nigeria’s power industry produced 5,105 megawatts of electricity on July 27, 2024, marking its highest level in...
The Central Bank of Egypt reported on Wednesday that remittances from Egypt’s foreign workers increased to $7.5 billion in the April-June quarter from $4.6 billion a...
Two mining organizations warned on Wednesday that Zambia’s proposed minerals regulation law may discourage investment and provide a “fatal blow” to aspirations to increase annual copper...
The debate over the amount of sulfur in the automotive gas oil, or diesel, produced by Nigeria’s Dangote Petroleum Refinery has continued with reports that the...
According to information released by the Central Bank of Kenya, the nation’s debt is still manageable over the medium to long-term with the help of consistent...
Nigeria’s private Dangote Petroleum Refinery will require approximately N1.7tn worth of crude oil every month following a directive by President Bola Tinubu that crude oil be...
According to State Finance Minister, Eyob Tekalign, Ethiopia will receive relief of $4.9 billion from its debt obligations after it completes a long-postponed restructuring. He expressed...
Before the year ends, work is expected to start on the much anticipated multibillion-dollar Standard Gauge Railway (SGR), which would run from the Kenyan-Ugandan border at...
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...
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...