If lengthy negotiations with the World Bank and the International Monetary Fund (IMF) are successful, Ethiopia would get $10.5 billion in support over the next few...
Nigeria, the continent’s largest oil producer, defeated three rival nations to win the rights to host the newly established Africa Energy Bank (AEB), the country’s oil...
Due to issues with foreign exchange in the country, vehicle imports decreased by 45% in the first quarter of 2024, according to Adewale Adeniyi, Comptroller General...
Uganda Airlines is looking into measures to help local suppliers get a larger share of the $95 million it wants to spend on procurement during the...
The Central Bank of Nigeria has issued a warning to its regulated firms in Nigeria on their continued rejection of older series and lower-value US dollars....
There are concerns by petroleum marketers in Nigeria that the price of Premium Motor Spirit, also known as petrol, may rise higher than expected as petrol...
After ten years of talks, Kenya and the EU have finally implemented a trade agreement, allowing tax-free goods from the 27-member union to enter its domestic...
Nigeria’s reserves have increased steadily, reaching $34.14 billion on Friday after increasing by 4.06% from $32.74 billion on June 3, 2024, according to figures released...
The Extended Credit Facility for Zambia has undergone a third assessment, and the International Monetary Fund (IMF) has announced that its executive board has approved the...
Egypt’s Prime Minister, Mostafa Madbouly, stated in a televised speech on Tuesday that the country needed to import some $1.18 billion worth of natural gas and...