Due to delays in procurement, a $145.8 million water project in Rwanda has been placed under careful observation by the African Development Bank (AfDB). With the...
The Nigerian energy company, Aiteo, which operates a joint venture with state oil company, NNPC Ltd, said it stopped an oil leak at its nearly 50,000...
In addition to concluding an additional inquiry permitting the transfer of $149.4 million for budget support, the International Monetary Fund (IMF) said on Saturday that its...
Following a deal struck with official creditors earlier this month, Ghana has secured an agreement in principle with its bondholders for the restructuring of $13 billion...
Protests against the Finance Bill have expanded throughout Kenya, from the capital city of Nairobi to other regions, as citizens remain opposed to President William Ruto’s...
The Nigerian government has declared that 17 deep offshore oil blocks would be included in the 2024 Nigerian Oil Fields Licensing Round. This was revealed at...
Citing both internal and international limitations, a top central bank official warned on Tuesday that Botswana’s economy might not develop at the 4.2% annual rate set...
President Alassane Ouattara of Ivory Coast stated on Tuesday that the country anticipated a more than threefold rise in oil production by 2027, driven by new...
Nigeria’s Dangote Sugar Refinery has declared the issuance of its N42.79 billion Series 4 and 5 commercial papers, offered at 25% and 23%, respectively, were successfully...
According to official figures released on Saturday, Nigeria’s annual inflation reached a record 28-year high of 33.95% in May, exacerbating the hardships that have stoked popular...
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...