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....
The Tanzanian government has suggested changing its rules to give Tanzanians living abroad special status so they can open businesses in important, high-priority economic sectors to...
According to Aliko Dangote, the owner of Africa’s largest refinery, the Nigerian state-owned oil company NNPC’s stake in its refinery has decreased from 20% to 7.2%...
Dr. Akinwumi Adesina, the President of the African Development Bank, in his keynote speech at the Council of Anglican Provinces of Africa Primates and Wives’ Retreat...
Nigeria’s inflation rate rose to a new 28-year high of 34.19% in annual terms in June, official data showed on Monday, but some analysts said it...
Two Non-Governmental Organizations (NGOs) in Zambia, the Transparency International-Zambia (TI-Z) and the Continental Leadership Research Institute (CLRI), have rated the...
Egypt and the International Monetary Fund (IMF) have reached a staff-level agreement over the fourth review of the Extended Fund...
In a recent statement, the eastern government of Libya claimed it had reached a consensus on a plan to eliminate...
To lower borrowing costs for vulnerable nations, the World Bank has announced the elimination of several loan fees. The action...
The highest court in Mozambique affirmed Monday that the incumbent Frelimo party won the October election, sparking widespread demonstrations from...
According to the mining minister, Nigeria has removed a five-year restriction on mining exploration in the northwest state of Zamfara,...
The Russian Foreign Ministry reported Tuesday that two crew members are still unaccounted for after an explosion tore through the...
The Economic Community of West African States (ECOWAS) withdrawal timeline has been rejected by the Alliance of Sahel States (AES),...
Nigeria’s Vice President, Kashim Shettima, has expressed his belief and optimism that the future of the country is very bright...
Moroccan doctors across the country on Tuesday staged a nationwide protests in what is known as “Week of Anger,” accusing...