Ecobank, a pan-African banking group, has more than doubled its impairment losses on Ghana’s problematic Eurobonds to $183 million, highlighting the extent of risk that African...
There were indications over the weekend that the Economic and Financial Crimes Commission (EFCC) intends to collaborate with UK prosecutors as an interested party in the...
African authorities are seeking innovative methods to enhance funding for the agriculture industry in the continent and to improve the price and accessibility of fertilizers. This...
The International Monetary Fund (IMF) has stated that President Bola Tinubu’s administration’s quiet return of petrol subsidy is anticipated to consume about 50% of its estimated...
The International Monetary Fund (IMF) has upheld its projection of a 3.3% growth rate for Nigeria’s economy in 2024, an increase from the 2.9% recorded in...
The International Monetary Fund (IMF) says it has achieved a staff-level agreement with the Democratic Republic of Congo (DRC) over the final assessment of a $1.5...
According to data provided by the central bank on Thursday, Egypt’s foreign debt increased by $3.5 billion for the three months ending in December. The aggregate...
Nigeria’s presidential committee on fiscal policy and tax has argued for the necessity of raising the value-added tax (VAT) rate. Taiwo Oyedele, the chairman of the...
A shortage of hard cash and a severe drought that has caused power outages in copper-producing Zambia have made its currency, the kwacha, fall to a record...
Shell Nigeria, a multinational oil company, claims that through the operations of Shell Petroleum Development Company of Nigeria Limited and Shell Nigeria Exploration and Production Company...
A citizen of Niger Republic has slammed the country’s military leader, President Abdourahmane Tchiani, for neglecting critical issues facing the...
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,...