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...
The World Bank said it has committed $12 billion to Kenya’s development over the next three years, potentially a major boost to the East African country’s...
Hours after Zambia’s official creditors rejected its bond deal with foreign holders, the International Monetary Fund (IMF) approved a staff-level agreement with Zambia on the second...
Liberia’s President-elect, Joseph Boakai, has vowed to take a close look at mining concessions to ensure they benefit the country. In an interview with reporters on...
Zambia has suffered a significant setback in its attempts to restructure its debt as it announced on Monday that official creditors, including China, refused a revised...