Following the recent uplifting of the prohibition on cryptocurrency and other virtual asset transactions, the Nigerian government is set to launch its first regulated Naira stablecoin...
A fierce legal battle in Kenya over ownership of an online company valued at Ksh400 million ($2.6 million), in which a Rwandan investor had been duped...
Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) has ordered British American Tobacco (BAT) to pay a $110 million fine. This followed allegations of market...
The rating on Ethiopia’s only international government bond has been downgraded to “default” from “near default” status by ratings agency, Fitch. The downgrade comes after the...
After failing to make a $33 million “coupon” payment on its only international government bond, Ethiopia has become Africa’s third debt defaulter in as many years....
Nigeria’s central bank has reaffirmed the security of money in Nigerian banks in the wake of recent scandals surrounding the nation’s banking system, highlighting the banking...
After over nine years of closure, the Libyan Stock Market resumed trading on Monday at a hall in the capital, Tripoli, following years of political and...
The World Bank granted the Nigerian Ministry of Finance, Budget, and National Planning’s Home Finance Department $5.6 million to purchase 21 items, including vehicles, furniture, solar...
The budgetary support of $620.65 million for East African nations, Rwanda, Tanzania, and the Democratic Republic of the Congo (DRC) has been approved by the board...
Two sources cited by Reuters claim that French energy company, TotalEnergies, plans to relaunch its long-delayed $20 billion LNG project in Mozambique in the first quarter...