A few irate former workers of the Central Bank of Nigeria are still processing the shock of their abrupt termination and are accusing the administration of...
According to two individuals quoted by Reuters, Ghana and its official creditors have resolved the main points of a debt restructure and will shortly sign a...
According to the director of the continent’s development bank, Akin Adesina, Africa needs $25 billion, faster debt restructurings, and more favourable financing terms for the Africa...
Uganda’s state-run power grid operator reported that the country experienced an uncommon national blackout on Friday for a few hours and that power was progressively coming...
Kenya’s central bank governor announced on Thursday that the country intended to settle the about $500 million maturing Eurobond with a portion of a loan from...
In the bid to comply with a new minimum capital requirement for local lenders set by the central bank in March, Nigeria’s Fidelity Bank announced on...
President Mokgweetsi Masisi of Botswana told JCK News that the country may increase its ownership stake in the world’s largest diamond miner, De Beers, following the...
The Nigerian government has finally admitted to initial claims of the reintroduction of fuel subsidies after months of denials. According to the government, fuel subsidies are...
To maintain exchange rate stability, Kenya’s central bank maintained its benchmark lending rate at 13.0% on Wednesday while stating that inflation was stable within its near-term...
After establishing the benchmark in March, Nigerian institutions have begun submitting plans to satisfy the new minimum capital requirements intended to fortify the financial system and...