Ugandan President Yoweri Museveni has hit back at multilateral lender, the World Bank, over its decision to stop lending to the East African country because of...
The latest data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that the country’s oil production in the month of July 2023 fell by...
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....
Angola’s foreign sovereign bonds fell after its finance minister announced on Tuesday that it was not in negotiations with the...
Barrick Gold, a Canadian business, has claimed that four of its workers have been arrested and are being held pending...
In Nigeria, 25 state governments will benefit from the $500m World Bank loan to strengthen hydropower and irrigation water resource...
Nigeria’s central bank hiked its benchmark interest rate for the sixth time this year on Tuesday, citing inflationary and currency...
Two years after a devastating economic crisis forced it into default, Ghana’s economy is expanding once more, but the effects...
According to a parliament broadcast, Ethiopian MPs accepted the government’s proposal on Tuesday to raise spending by an extra 581.98...
After a statewide power outage, miners at two copper mines in Zambia were rescued after being stranded underground, the country’s...
According to Somalia’s Information Minister, Daud Aweis, two migrant boats sank off the coast of Madagascar over the weekend, killing...
To discuss ambitious plans to pay off debt arrears and restructure $12.7 billion in foreign debt, Zimbabwe’s president will hold...
According to Indian stock market regulations, Adani Energy Solutions stated on Saturday that the termination of a $736 million transmission...