The European Union (EU) has announced plans to invest 60 million euros ($63 million) in upgrading one of Uganda’s largest hydropower plants. EU’s ambassador to Uganda,...
As part of measures to ensure liquidity in the country’s forex market, the Nigerian government has began engagement with persons hoarding the dollar, as well as...
Kenya’s projected budget deficit for the July–June fiscal year of 2023–2024 has increased from 4.4% to 5.3% of GDP, according to a summary of updated spending...
Nigeria’s Vice President, Senator Kashim Shettima, has described as too low the country’s $5 billion earnings from gas, particularly in comparison with similar earnings by other...
Multilateral body, the World Bank, has approved a $1 billion loan to help South Africa reform its energy sector, which has been in crisis for over...
Italian energy firm, ENI has claimed that its gas supplies have remained steady despite the current crisis in the Middle East. Eni’s chief executive, Claudio Descalzi,...
The Nigerian Presidential Committee on Fiscal Policy and Tax Reforms has recommended discontinuation of 190 taxes choking businesses in the country. This is according to the...
Ghana is seeking to sell more exploration rights in order to increase its output of petrol. A Ghanaian official revealed on Tuesday that the target was...
Three financial deals totalling more than 2.9 billion dirhams ($281.96 million) have been inked by Morocco and the African Development Bank (AfDB). About $126.4 million would...
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has hinted that the country’s economy will receive $10 billion in foreign exchange...
South African disc jockey, DJ Black Coffee, has been named the World’s Best DJ 2024 at the Golden Moon Awards....
The draw for the 2024 Women’s Africa Cup of Nations (Wafcon) holding in Morocco from July 5 to 26 next...
The Zambian government has announced the successful repatriation of a one-year-eight-month-old child who was trafficked to Mozambique. Making the announcement...
Some Nigerians based in Finland have been thrown into panic mode following the arrest and detention of the self-styled Prime...
In an effort to maintain a tight eye on the economy, Mauritius’ Prime Minister, Navin Ramgoolam, who took office this...
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...