Indian firm, Vedanta Resources has signed an agreement with the Zambian government that restores Konkola Copper Mines (KCM) to it. The agreement ends a protracted ownership...
As part of moves to curb the depreciation of its local kwacha currency, the Zambian central bank said on Monday it planned to increase the minimum...
Egypt has announced a rise in the domestic petrol prices by up to 14.3%, even as it left diesel prices untouched amid the country’s push towards...
Nigeria’s oil revenue target for May dropped from N804 billion to N223 billion, a 72% reduction in government earnings, according to statistics from the Central Bank...
Uganda’s energy minister says the East African country wants to grant exclusive rights for the supply of all petroleum products to a unit of global energy...
Nigerian President, Bola Tinubu, submitted a fresh loan request to the Senate on Wednesday, seeking approval to borrow an additional $7.8 billion and €100 million as...
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...