The Transmission Company of Nigeria (TCN) says the country’s power transmission capacity has increased to 8,500 megawatts. The General Manager, Transmission Service Provider, TCN, Ajiboye Oluwagbenga,...
Amidst South Africa’s recent electricity challenges, the World Bank has hinted that talks are on for a potential $1 billion loan to revamp the country’s energy...
Zambia’s finance ministry Saturday said the country had agreed to a memorandum of understanding (MoU) with its bilateral creditors on restructuring about $6.3 billion of debt....
A report published on Friday by Bloomberg claims Egypt is in talks with the International Monetary Fund (IMF) on augmenting its rescue programme to more than...
The International Monetary Fund (IMF) says Nigeria must collect more taxes to fund the national budget and pay public debts if its fuel subsidy removal policy...
The African Department Director of the International Monetary Fund (IMF), Abebe Selassie on Friday said the body would do “whatever possible” to support Kenya. This comes...
The Central Bank of Nigeria plans to intervene in the country’s foreign exchange market occasionally to boost liquidity. The bank also revealed it was ending an...
Zimbabwe’s finance minister, Mthuli Ncube on Thursday revealed that the country was keen on agreeing a new staff-monitored programme with the International Monetary Fund (IMF) by...
The International Monetary Fund (IMF) has revealed that Tunisia has not made any new proposal for terms of a long-delayed $1.9 billion loan. IMF Middle East...
Figures from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) released Wednesday show that the country’s crude oil output rose to 1.35 million barrels per day in...