The United Nations Conference on Trade and Development (UNCTAD) expressed alarm over the mounting disruptions to business, which have been linked to a 42% reduction in...
Eight brown and green field hydropower projects built through public-private partnerships are expected to yield 1,268 megawatts of electricity, according to the Nigerian government. It was...
In an effort to reduce national debt and increase the amount of money in circulation in the face of a lack of foreign currency, the Bank...
Governments, commercial banks, merchant banks, other financial institutions (OFIs) and public officials are among the groups that the Central Bank of Nigeria (CBN) has prohibited from...
The International Monetary Fund (IMF) has reported that talks to expand Egypt’s loan programme are going well. The IMF stated that Egypt needed a “very comprehensive...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria will have its first interest rate meeting since July next week, after the Senate on...
Following consistent drastic monetary policy interventions by its central bank, Zambia’s currency, the kwacha, has become Africa’s best-performing currency against the US dollar thus far this...
According to data from Nigeria’s National Bureau of Statistics (NBS), foreign investments into the industrial sector increased by $644 million in 2023 to $1.5 billion from...
South Africa’s National Treasury announced on Wednesday that the government would take $8 billion over the following three years from emergency reserves kept at the central...
The Nigerian government has issued a warning to cement producers, stating that if they continue to raise prices arbitrarily, it may decide to open the border...
Following the completion of a recent visit to Egypt, the International Monetary Fund (IMF) has announced that its mission had...
A day after dismissing Choguel Maiga for criticising the government, Mali’s governing junta named its spokesperson, Abdoulaye Maiga, as Prime...
Brazilian meatpacker JBS says it has inked a memorandum of understanding with the Nigerian government for a $2.5 billion investment...
Morocco’s official media reports that Chinese President, Xi Jinping, visited Morocco briefly on Thursday. According to Morocco’s MAP, Crown Prince...
A survey conducted by the National Bureau of Statistics (NBS) has revealed that around 65% of Nigerian households, which is...
Ghana and The Gambia are in the process of launching free roaming services that will enhance a West African connectivity....
Leader of one of Zambia’s opposition parties, Advocates for People’s Prosperity (APP), Mwenye Musenge, has criticised the Patriotic Front (PF)...
Ghana and Leicester City winger, Abdul Fatawu, has been ruled out of the rest of the EPL season after suffering...
Police in the Democratic Republic of Congo (DRC) say six people have been arrested over a break-in and vandalism at...
Simon Ekpa, a Nigerian separatist leader based abroad, has been placed under detention by the Päijät Häme District Court...