The Acting Director of Corporate Communications of Nigeria’s Central Bank, Hakama Sidi-Ali, has confirmed it settled almost $2 billion of forward liabilities in the past three months. The...
Some officials of the Dangote Group have been summoned by the Economic and Financial Crimes Commission (EFCC) as part of an ongoing investigation into an alleged...
Chinese state-owned Jiangxi Copper Corp. is in talks to purchase a portion of Canadian firm, First Quantum Minerals’ copper mines in Zambia. The action comes after...
Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC), has carried out a raid on the headquarters of Dangote Industries Limited in Ikoyi, Lagos, amidst...
According to sources quoted by Reuters, Ghana’s official creditors are scheduled to meet on Monday to discuss restructuring some $5.4 billion in loans to the country....
Zambia’s Secretary to the Treasury, Felix Nkulukusa, has revealed that the country hopes to agree on key conditions for restructuring $3 billion of its bonds no...
Nigeria’s Aliko Dangote has been dislodged as Africa’s wealthiest man, according to a list released by Forbes Magazine. South Africa’s business mogul, Johann Rupert, dethroned Dangote from...
Africa’s largest syringe factory, Jubilee Syringe Manufacturing (JSM) Company, has ended operations, declaring temporary redundancy. It declared that its operations ended on December 31, 2022, despite...
The Manufacturers Association of Nigeria (MAN) has begged the Nigerian government to clear the current $7 billion forex backlog, which they argue might lead to a...
Predictions have continued for the Nigerian economy for the new year, as a recent report by Meristem Securities Limited suggested that continued inflation rates and foreign...
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...