Tanzania recorded a double year-on-year increase in its Foreign Direct Investment (FDI) figures, which leaped to $1.05 billion from $524.4 million in the same period last...
Nigeria’s central bank governor, Olayemi Cardoso, has promised that the apex bank will tighten policy over the next two quarters to manage inflation in the country....
The Uganda Coffee Development Authority (UCDA), in a report, has revealed that the country’s coffee exports in October scaled between 3.4% and 4.4% year on year....
Zambia’s Finance Minister, Situmbeko Musokotwane, has revealed that long delays in his country’s debt restructuring are affecting investments and economic growth. Musokotwane said the development had...
State oil firm, the Nigerian National Petroleum Company Limited (NNPCL), has promised to end the importation of refined petroleum products by December 2024 as all the...
Multilateral body, the International Monetary Fund (IMF) has said that Malawi needs almost $1 billion in debt relief from its creditors by 2027. The announcement comes...
As plans continue towards revitalizing his country’s economy, Kenyan President, William Ruto has revealed that his administration is keen on privatizing 35 state companies. Ruto also...
The upper chamber of the Nigerian legislature, Nigeria’s Senate, passed the medium-term expenditure framework for 2024–2026 on Wednesday. The lower chamber—the House of Representatives—had passed the...
The European Union’s Ambassador to Zambia, Karolina Stasiak, has applauded President Hakainde Hichilema’s proactive economic diplomacy efforts, asserting that these endeavours are poised to attract significant...
Nigeria’s Union Bank of Nigeria and Germany’s DWS Group on Tuesday signed a memorandum of understanding (MoU) on renewable energy. The MoU includes two accords in...