High debt servicing costs continue to be an increasing concern, according to the International Monetary Fund (IMF), despite the fact that Nigeria and other low-income debtors...
In a deal that will conclude in the first half of this year, Access Bank of Nigeria will purchase an 80% share of Finance Trust Bank...
Nigeria’s Mainstream Energy, which currently manages two of the largest hydroelectric plants in the nation, has started to run a brand-new facility funded by China. Built...
According to a story published in the Business Daily newspaper on Thursday, the director of Kenya’s public debt management division at the finance ministry intends to...
Olayemi Cardoso, Governor of the Central Bank of Nigeria, stated on Wednesday that the bank wanted to see the country’s naira strengthen and inflation drop to...
Nigeria’s Bureau of Public Enterprises (BPE) is set to sell five power plants under the National Integrated Power Projects at a cost of about $1.15 billion....
Uganda’s energy minister announced on Tuesday that the country was in talks to build a $4 billion refinery for some of its crude oil with an...
Burundi’s GDP is expected to grow by 4.3% this year from 2.7% in 2023, according to the International Monetary Fund (IMF). This growth is largely due...
Nigeria’s Presidential Committee on Fiscal Policy and Tax Reforms wants states to suspend some low-revenue taxes. The panel, constituted shortly after President Tinubu’s inauguration, is expected to...
The International Monetary Fund (IMF) has announced that its board has accepted a preliminary assessment of Ghana’s loan plan, enabling the immediate transfer of roughly $600...
Oil marketers and the Nigerian Midstream and Downstream Petroleum Regulatory Authority expect refined petroleum product prices to reduce as another...
Kenya’s statistics agency said on Tuesday that Kenya’s consumer price inflation increased slightly to 3.0% year-over-year in December from 2.8%...
Transnet, a state-owned logistics company in South Africa, announced on Tuesday that it had lost 2.2 billion rand ($117.48 million)...
A 15 billion yuan ($2 billion) currency-swap arrangement between China and Nigeria has been extended to boost investment and commerce...
As anticipated, Egypt’s central bank has maintained its overnight interest rates, stating that although inflation was predicted to drop significantly...
According to the African Development Bank (AfDB), illicit money flows and profit shifting by multinational corporations doing business in Africa...
Former Nigerian Aviation Minister, Femi Fani-Kayode, has told President Abdourahamane Tchiani of Niger Republic to refrain from making infantile and...
Elon Musk’s satellite internet service provider, Starlink, has again jacked up the prices of its services in Nigeria after an...
The former President of Moroccan top club, Raja Casablanca, Mohamed Aouzal, has been sentenced to three and a half years...
The Zambian Ministry of Health has reported a second case of Monkeypox, popularly known as Mpox, in Kitwe region of...