An Italian energy firm, Saipem has been engaged in the development of Libya’s Bouri Gas Utilisation Project (BGUP) worth around $1 billion. The undersea Bouri gas...
Nigeria is exploring stopping its customs, port authority, postal service, and about 60 other ministries, departments, and agencies of government from collecting revenue on behalf of...
The Director-General of the World Trade organization, Ngozi Okojo-Iweala, on Tuesday, met Nigeria’s President Bola Tinubu to discuss possible economic support for Nigeria. Although the meeting...
Multilateral lender, the World Bank has vowed to stop lending to East African country, Uganda over the country’s legal stand against the LGBTQ community. The bank...
A recent report by financial thinktank, African Private Capital Association (AVCA) revealed that the continent recorded a $1.4 billion decline in venture capital deals in the...
As part of the reforms following the suspension of the country’s central bank governor in June, Nigeria’s President Bola Tinubu confirmed that the bank was undergoing...
Zimbabwe has launched a Chinese-funded 600MW coal-fired power plant that it said would go a long way in easing power shortages. President Emmerson Mnangagwa, while addressing...
Bo Li, the Deputy Managing Director of the International Monetary Fund (IMF), has praised the Tanzanian government’s efforts to carry out the nation’s economic reform plan....
As part of measures to pressure the military leadership in Niger Republic to back down and return power to a civilian government after a coup that...
President Tinubu of Nigeria, during a nationwide address Monday, revealed that the government had saved ₦1 trillion in the two months since the removal of petrol...