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...
Uganda National Oil Company (Unoc) signed sales and purchase agreements (SPAs) with the largest fuel dealers in the market on Tuesday, as it continues to recover...
The government of Zambia has requested an increase in its $1.3 billion loan programme to $1.7 billion to help it deal with a severe drought, according...
Zambia is about to pull itself out of default more than three and a half years after legally declaring bankruptcy. The Southern African country is set...
The year 2024 has seen Morocco celebrate a record-breaking 16 million tourist arrivals, surpassing the 12 million mark set in...
Ethiopia’s second largest telecom provider, Safaricom Telecommunications Ethiopia P.L.C., has announced the official launching of its 4G network services in...
Current African Men’s Footballer of the Year, Ademola Lookman, has attributed his rise in the football echelon to his decision...
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...