South Africa’s finance minister, during a mid-term budget review on Wednesday, revealed plans to drive revenue inflow through increased taxes next year. The revelation comes as...
Lagos State, Nigeria’s commercial capital, has sealed a deal with the African Export-Import Bank and Access Bank for an investment of $1.35 billion for infrastructure projects....
South African neighbours Zambia and Mauritius might be collaborating for mutual gains in the agriculture sector after the Zambia Development Agency (ZDA) urged its neighbour to...
Nigeria’s budget minister, Atiku Bagudu has confirmed that the cabinet has approved a supplementary budget of 2.176 trillion naira ($2.8 billion) to fund “urgent issues,” including...
The European Union (EU) has announced plans to invest 60 million euros ($63 million) in upgrading one of Uganda’s largest hydropower plants. EU’s ambassador to Uganda,...
As part of measures to ensure liquidity in the country’s forex market, the Nigerian government has began engagement with persons hoarding the dollar, as well as...
Kenya’s projected budget deficit for the July–June fiscal year of 2023–2024 has increased from 4.4% to 5.3% of GDP, according to a summary of updated spending...
Nigeria’s Vice President, Senator Kashim Shettima, has described as too low the country’s $5 billion earnings from gas, particularly in comparison with similar earnings by other...
Multilateral body, the World Bank, has approved a $1 billion loan to help South Africa reform its energy sector, which has been in crisis for over...
Italian energy firm, ENI has claimed that its gas supplies have remained steady despite the current crisis in the Middle East. Eni’s chief executive, Claudio Descalzi,...